Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Corn, soy at two-week highs on weather worries

By Julie Ingwersen August 10, 2015

Chicago | Reuters –– Chicago Board of Trade corn and soybean futures climbed to two-week highs on Monday amid concerns about stressful hot weather in the U.S. and Europe coupled with positioning ahead of a monthly U.S. government crop report, traders said. Wheat futures also advanced, following the firmer trend. A setback in the U.S. […] Read more

Canola, Crops, Markets

Over-the-border canola crusher gets new owner

By Canadian Cattlemen Staff August 7, 2015

A major canola crush plant that faced an unclear future just south of the Canada/U.S. border has a new owner in one of the States’ top agribusinesses. Ag co-operative CHS Inc. last week sealed its deal to buy Northstar Agri Industries at Hallock, Minnesota, about 40 km southeast of Manitoba’s main U.S. border crossing at Emerson. The Northstar […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans rally on eroding crop prospects

By Karl Plume August 7, 2015

Chicago | Reuters –– U.S. soybean futures jumped more than two per cent on Friday and registered their first weekly gain in five weeks, helped by signs of improving export demand and expectations that the U.S. government will trim its harvest forecast in a monthly crop report next week. Corn and wheat futures firmed on […] Read more

Crops, Markets, Reuters

K+S rejects PotashCorp offer, promises on German mines

By Andreas Cremer, Patricia Weiss August 7, 2015

Frankfurt | Reuters — German salt and fertilizer company K+S AG once again rejected PotashCorp’s takeover offer Friday, saying the Canadian company’s assurances about maintaining jobs and mine sites in Germany were unreliable. Saskatoon-based PotashCorp sent an unsolicited letter to K+S’s management and supervisory boards, K+S said in a statement. The letter included a proposal […] Read more

Beef Cattle, Crops, Markets, Reuters

Cargill posts Q4 loss on one-time charges, revenue down

By Karl Plume August 6, 2015

Reuters — Cargill Inc. on Thursday became the latest large agribusiness to report disappointing quarterly results as one-time charges and slowing economies in key emerging markets stung the privately held global commodities trader. Minnesota-based Cargill said it lost a net $51 million in the fiscal fourth quarter ended May 31, compared with a profit of […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans, corn dip on disappointing exports, better weather

By Rod Nickel August 6, 2015

Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade (CBOT) wheat rose on better-than-expected export sales. “We had a nice bounce in corn and soybeans, so it’s a technical pullback,” said Arlan Suderman, senior […] Read more

OCI’s Iowa nitrogen plant, shown here under construction in 2015. (OCI.nl)

Crops, Markets, Reuters

Fertilizer firm CF Industries to buy OCI assets

By Rod Nickel, Shubhankar Chakravorty August 6, 2015

Reuters — U.S. fertilizer maker CF Industries said on Thursday it will buy OCI NV’s North American and European plants for US$6 billion, making CF the world’s largest publicly-traded nitrogen company. The stock and cash deal comes 10 months after CF’s merger talks with Yara International collapsed. It marks the largest fertilizer M+A deal since […] Read more

Crops, Markets

Fertilizer prices steady as farmers gauge fall use

By Jade Markus August 6, 2015

CNS Canada — Farmers are starting to assess how much fertilizer they’ll use going into the fall, if at all, based on crop budgets, according to an industry analyst. Fertilizer prices are being driven by crop prices and the global market, and both those factors are keeping prices steady, said David Asbridge, president at NPK […] Read more

Canola, Crops, Markets, Pulses

Loan called on Legumex’s U.S. canola crusher

By Canadian Cattlemen Staff August 5, 2015

Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola rises ahead of USDA report

By Dave Sims August 5, 2015

CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith […] Read more

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Crops

U.S. grains: Corn, soy at two-week highs on weather worries

Over-the-border canola crusher gets new owner

U.S. grains: Soybeans rally on eroding crop prospects

K+S rejects PotashCorp offer, promises on German mines

Cargill posts Q4 loss on one-time charges, revenue down

U.S. grains: Soybeans, corn dip on disappointing exports, better weather

Fertilizer firm CF Industries to buy OCI assets

Fertilizer prices steady as farmers gauge fall use

Loan called on Legumex’s U.S. canola crusher

ICE weekly outlook: Canola rises ahead of USDA report

Canadian Cattlemen Presents: Depth of Field

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