Crops , Latest & Featured - Canadian Cattlemen

USDA raises U.S. corn end stocks view; cuts wheat, soy

By Mark Weinraub April 9, 2015

Washington | Reuters –– The U.S. government raised its outlook for domestic corn supplies by less than expected on Thursday, while its lowered projection for soybean ending stocks was in line with market forecasts. Corn stocks for the end of the 2014-15 marketing year were seen at 1.827 billion bushels, 50 million bushels more than […] Read more

The CWB Marquis — one of two new laker vessels the former Canadian Wheat Board ordered in 2011 — arrived at St. Lambert on April 2 for the reopening of the St. Lawrence Seaway. The federal Transportation Safety Board reported the Marquis ran aground the next day at Beauharnois, Que., about 45 km southwest of St. Lambert, but refloated later that evening and continued en route to Hamilton. (CWB.ca)

Crops, Markets

Top court’s dismissal halts farmers’ suit over CWB assets

By Canadian Cattlemen Staff April 9, 2015

The bulk of a proposed class action by four Prairie farmers, over what they called the federal government’s “expropriation” of Canadian Wheat Board assets, has hit its final wall. The Supreme Court of Canada on Thursday dismissed, with costs, the farmers’ application for leave to appeal their 2013 loss in Federal Court. The four — […] Read more

Crops, Reuters

Chinese citizens sue government over transparency on Roundup

By Dominique Patton April 9, 2015

Beijing | Reuters –– Three Chinese citizens are taking China’s Ministry of Agriculture to court in a bid to make public a toxicology report supporting the approval of Monsanto’s popular herbicide, Roundup, 27 years ago. The case, a rare example of a lawsuit by private citizens against the Chinese government, comes amid renewed attention on […] Read more

Crops, Reuters, Weather

India’s PM boosts compensation for farmers to ease rural discontent

By Reuters April 8, 2015

New Delhi | Reuters –– Indian Prime Minister Narendra Modi on Wednesday announced higher compensation and government aid for farmers who are suffering due to unseasonable rains, in an attempt to calm growing discontent among people living in the countryside. Storms have badly damaged crops in large parts of northern India and led to anger […] Read more

Crops

Pesticides could lead to ‘pollination deficit,’ EU report says

By Barbara Lewis April 8, 2015

Brussels | Reuters –– Evidence is mounting that widely-used pesticides harm moths, butterflies and birds as well as bees, adding to concerns crop production could be hit by a shortage of pollinators, according to a report drawn up for EU policymakers. The European Commission, the EU executive, placed restrictions on three neonicotinoid pesticides from Dec. […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy watching weather for direction

By Terryn Shiells April 8, 2015

CNS Canada –– Chicago Board of Trade corn and soybean markets moved lower during the week ended Wednesday, but stayed within their recent trading ranges. “We haven’t broken down out of a range yet, or broke to the upside,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Ill. “We are just flat and […] Read more

Crops, Weather

Dryness being watched in parts of Western Canada

By Phil Franz-Warkentin April 8, 2015

CNS Canada — The snowpack is gone and moisture levels are low across many agricultural areas of Western Canada, which should allow for an early start to spring seeding. However, the lack of moisture could lead to problems down the road if there is no timely precipitation later in the season. While there are no […] Read more

Crops, Markets, Reuters

U.S. grains: Corn drops ahead of USDA report, wheat mostly lower

By Mark Weinraub April 8, 2015

Chicago | Reuters — U.S. corn futures fell for the third day in a row on Wednesday as traders staked out positions ahead of a government report that was expected to boost projections for supplies of the grain at the end of the crop year, traders said. Chicago Board of Trade soybean futures were mixed, […] Read more

Canola, Crops, Markets

ICE weekly outlook: Rangebound canola could go either way

By Phil Franz-Warkentin April 8, 2015

CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but remain stuck in the same wide range they’ve been in for the past month. The technical trend is starting to point lower, but the possibility of a seasonal bounce is also still there. From a chart standpoint, both the […] Read more

Crops, Markets, Reuters, Soybeans

Brazil soy exports likely to slow after fire near Santos port

By Caroline Stauffer, Gustavo Bonato April 8, 2015

Sao Paulo | Reuters –– Brazil’s soy exports will likely slow because a six-day fire at a nearby fuel-storage facility has restricted access to Brazil’s largest port, Santos, a port official and the soy industry association Abiove said on Tuesday. Authorities have agreed to restrict truck access to some terminals at the port at least […] Read more

Deadlier than varroa, a new honey-bee parasite is spreading around the world

U.S. misses out on billions in China soybean sales midway through peak season

U.S. livestock: Cattle drop sharply, hogs mixed

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