Crops , Latest & Featured - Canadian Cattlemen

Mosaic sees lost potash sales if Sask. hikes taxes

By Rod Nickel May 20, 2015

New York | Reuters –– U.S. fertilizer producer Mosaic Co. would lose potash sales if Saskatchewan raises taxes on miners, and customers choose competitors from other countries, its CEO said on Wednesday. “If they were to tax more, we would suffer from that, we would sell less, our profits would be less and they will […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola bias points higher

By Dave Sims May 20, 2015

CNS Canada –– ICE Futures Canada canola contracts stayed mostly rangebound during the week ended Wednesday, before finishing $4 per tonne higher. “Funds are putting a long position on,” said Wayne Palmer of Agri-Trend Marketing in Winnipeg. The most-frequently-traded July contract tested the $460 per tonne mark before backing off at the end of the […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn grind lower, watching weather

By Phil Franz-Warkentin May 20, 2015

CNS Canada –– Great spring seeding conditions across much of the U.S. Midwest have weighed on soybean and corn futures at the Chicago Board of Trade — and the nearby bias remains pointed lower, barring a weather scare, according to an analyst. “The good growing conditions will keep (soybeans and corn) grinding lower,” said Terry […] Read more

Planting corn in south-central Manitoba in May 2014. (Co-operator photo by Allan Dawson)

Crops, Markets, Reuters

U.S. grains: Soy at seven-month low, corn weak on favourable weather

By Michael Hirtzer May 20, 2015

Chicago | Reuters — U.S. soybeans fell to seven-month lows and corn to one-week lows on Wednesday, pressured by forecasts for nearly ideal growing conditions for the crops next week. Temperatures were seen warming up by next week after a chill that supported prices earlier this week. Coupled with recent rainfall in the U.S. Midwestern […] Read more

Crops, Machinery, Markets

Diesel prices seen staying low until July

By Dave Sims May 20, 2015

CNS Canada –– The price of diesel has fallen to the same level as gasoline across Western Canada, but a Chicago-based analyst doesn’t expect it to stay that way for too long. “Probably after the Fourth of July, late July and August the prices may start to edge up,” said Phil Flynn, energy market analyst […] Read more

Alan McIsaac, shown here last month visiting Charlottetown’s St. Jean Elementary School in his role as minister of education and early childhood development, now leads a reorganized ministry of agriculture and fisheries. (Brian Simpson photo courtesy Government of P.E.I.)

Crops

P.E.I. farms and fisheries ministries merge

By Canadian Cattlemen Staff May 20, 2015

A reorganization of Prince Edward Island’s government departments will see agriculture split from forestry and instead paired with fisheries. Having returned to office in the May 4 election, Premier Wade MacLauchlan on Wednesday announced his new cabinet, appointing former education and transportation minister Alan McIsaac as minister of agriculture and fisheries. As the agriculture and […] Read more

Crops, Weather, Winter Wheat

Prairie winter wheat set back by cold

By Phil Franz-Warkentin May 19, 2015

CNS Canada –– Recent cold temperatures in parts of Western Canada should cause some setbacks for winter wheat, but most of the crop is likely still in decent shape, according to an analyst. Farmers in the three Prairie provinces seeded 665,000 acres of winter wheat in the fall of 2014, with about 565,000 acres surviving […] Read more

Greek olives on display in a market in Athens. (CIA.gov)

Crops, Markets, Reuters

Russia may allow food imports from three EU states

By Reuters May 19, 2015

Moscow | Reuters –– Russia may allow around 20 firms from Hungary, Cyprus and Greece to return to its market after it orders the lifting of an embargo on food imports from the European Union, Interfax news agency quoted a senior official as saying on Tuesday. Russia banned foods from the 28-nation EU last year […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans fall to contract lows on speedy plantings

By Michael Hirtzer May 19, 2015

Chicago | Reuters — U.S. soybeans fell to contract lows while corn eased 1.7 per cent on Tuesday, pressured by faster-than-normal spring plantings and overall favourable crop conditions in the U.S. Wheat futures tumbled two per cent at the Chicago Board of Trade, with all three markets reversing from gains in the previous session as […] Read more

A flowering apple tree Tuesday morning in Winnipeg. (Dave Bedard photo)

Crops, Weather

Jury still out on Prairie crop damage from Victoria Day weekend

By Phil Franz-Warkentin May 19, 2015

CNS Canada — Cold temperatures across much of Western Canada over the May long weekend may have caused damage to early-emerging crops — but it will take a few more days to determine how many acres will need reseeding. “We have to wait and see, because freeze damage is always sporadic in nature,” said CWB […] Read more

U.S. grains: Soybeans pressured by lack of Chinese demand; corn rises on export sales

U.S. livestock: Cattle futures sink on technical selling

Precision ag, right to repair policies priority for Association of Equipment Manufacturers

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