Crops , Latest & Featured - Canadian Cattlemen

November ICE canola for week of Aug. 28 to Sept. 4, 2015. (Barchart.com)

Canola charts pointed lower

By Phil Franz-Warkentin September 4, 2015

CNS Canada — ICE canola futures have posted large losses over the past week, but chart signals are still overwhelmingly bearish, with at least another $10 to go before the November contract should find support. November canola settled at $454.50 per tonne on Friday, down by over $20 from the previous week. However, trend lines […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Cash wheat prices move lower across Prairies

By Phil Franz-Warkentin September 4, 2015

CNS Canada –– Cash wheat bids across Western Canada edged lower during the week ended Friday, as basis levels held relatively steady and the continued slide in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by roughly C$2 per tonne across the three Prairie provinces, according to price […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn creep higher as investors trim bearish bets

By Rod Nickel September 4, 2015

Reuters — Chicago wheat edged higher after touching a five-year low on Friday, and corn also inched up as investors covered short positions in both grains after recent declines. The nearby contract for wheat finished with its fourth straight weekly loss in the face of stiff export competition from northern hemisphere harvests, losing four per […] Read more

A jimsonweed bloom. (Patrick J. Alexander photo courtesy USDA-NRCS Plants Database)

Canola, Crops

Jimsonweed not a threat to canola oil, meal safety

By Allan Dawson September 4, 2015

Canada’s canola oil and meal will remain safe to consume even if some jimsonweed seeds end up in it, according to Curtis Rempel, vice-president of crop production and innovation at the Canola Council of Canada (CCC). “While jimsonweed itself can be poisonous, the heating process in canola oil and meal processing denatures toxic alkaloids, so […] Read more

Crops, Fruit/Vegetables, Reuters

Syngenta to sell vegetable seeds operations

By Reuters September 4, 2015

Zurich | Reuters — Swiss agrichemicals group Syngenta plans to sell its vegetable seeds business and buy back more than US$2 billion worth of stock in a campaign to boost shareholder returns after it rejected a takeover approach from Monsanto. “The board and management are determined to accelerate shareholder value creation and our actions today […] Read more

Crops, Markets

Fertilizer markets seen holding relatively steady

By Dave Sims September 3, 2015

CNS Canada –– Prices for nitrogen and potash have weakened over the first half of 2015, but according to an industry analyst, the relationship between fertilizer prices and ag commodity prices is pretty much in line with the 10-year average. “I think we’ve seen some stabilization in fertilizer markets of late, which is promising,” said […] Read more

Record showers in August have already swamped parts of Argentina, with more rain on the way next month. (Argentina.gob.ar)

Corn, Crops, Markets, Reuters, Soybeans, Weather

El Nino seen pushing Argentina into planting more soy, less corn

By Hugh Bronstein September 3, 2015

Buenos Aires | Reuters — The El Nino weather phenomenon is expected to start dumping torrential rains on Argentina next month, pushing farmers to plant more low-cost soy and less corn despite concern over lack of crop rotation in one of the world’s main food suppliers. Argentina, the No. 1 exporter of soymeal livestock feed […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Ample stocks, poor exports push wheat to multi-year lows

By Mark Weinraub September 3, 2015

Chicago | Reuters — U.S. wheat futures sank to multi-year lows on Thursday, weighed down by ample supplies and weak demand for U.S. exports, traders said. A hefty supply base also sparked a sell-off in corn, which hit its lowest level since mid-June, while soybeans sagged on technical selling and rising harvest expectations. The Chicago […] Read more

Crops, Weather

Rain and eventually frost in store for Sask., Man.

By Jade Markus September 3, 2015

CNS Canada — Early-September rains will likely interrupt harvest progress in Manitoba and Saskatchewan, according to a U.S. meteorologist — but producers will still likely be able to avoid frost. Field work will operate around rains that are expected to fall between Sept. 6 and 9, said Drew Lerner, president of World Weather Inc. “We’ve […] Read more

Crops, Markets

Canola stocks increase dramatically in StatsCan report

By Dave Sims September 3, 2015

CNS Canada –– It appears there’s a lot more canola in Prairie fields and bins than anybody thought. According to Thursday morning’s Stocks of Principal Field Crops report from Statistics Canada, the country had 2.3 million tonnes of canola in its stocks as of July 31 — 500,000 to one million tonnes more than analysts […] Read more

Daily Network News

U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

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Catch up with the Western Producer Markets Desk

Crops

Canola charts pointed lower

Cash wheat prices move lower across Prairies

U.S. grains: Wheat, corn creep higher as investors trim bearish bets

Jimsonweed not a threat to canola oil, meal safety

Syngenta to sell vegetable seeds operations

Fertilizer markets seen holding relatively steady

El Nino seen pushing Argentina into planting more soy, less corn

U.S. grains: Ample stocks, poor exports push wheat to multi-year lows

Rain and eventually frost in store for Sask., Man.

Canola stocks increase dramatically in StatsCan report

Canadian Cattlemen Presents: Depth of Field

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