Crops , Latest & Featured - Canadian Cattlemen

G3 CEO Karl Gerrand, shown here Wednesday in Winnipeg, says the new company is interested in further ag-related investments across the country. (Dave Bedard photo)

G3 sees opportunities to expand in Canadian ag sector

By Tom Polansek April 15, 2015

Reuters — A joint venture of a state-owned Saudi Arabian investment firm and U.S. grain trader Bunge is interested in making further investments in Canada’s farm sector after striking a deal to take control of grain handler CWB, the new j.v.’s CEO said Wednesday. G3 Global Grain Group, a joint venture of Bunge and Saudi […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy feel slight technical pressure

By Dave Sims April 15, 2015

CNS Canada — Chicago Board of Trade corn and soybean markets trended slightly lower during the week ended Wednesday, but weather concerns for both grains helped keep the bottom from falling out. “We’re a little dry out in the west here and we’re probably too moist, east and southeast,” said Brian Rydlund, a market analyst […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola treads water waiting for news

By Dave Sims April 15, 2015

CNS Canada — ICE Futures Canada canola futures moved slightly higher during the week ended Wednesday, as values stayed mostly rangebound amid a dearth of fresh fundamental news. “The open interest is going down because the funds have been liquidating their positions; down under 10,000 contracts,” said analyst Wayne Palmer of Agri-Trend Marketing in Winnipeg,. […] Read more

Crops, Markets, Reuters

U.S. grains: Soy rallies to one-week high, wheat falls to one-month low

By Julie Ingwersen April 15, 2015

Chicago | Reuters — Chicago Board of Trade soybean futures climbed to a one-week high on Wednesday on technical buying and data showing U.S. processors crushed more soybeans in March than analysts expected. Corn followed soybeans higher while wheat fell to a one-month low, extending this week’s losses on forecasts for drought-relieving showers in the […] Read more

“I don’t see farmers shying away” from taking equity in CWB, Agriculture Minister Gerry Ritz said Wednesday. (Dave Bedard photo)

Crops, Markets

Guenther: Farmers keep minority stake in CWB, for now

By Lisa Guenther April 15, 2015

While G3 Global Grain Group is set to scoop a majority stake in CWB, grain farmers will be able to hold onto some equity in the former Canadian Wheat Board over the next seven years at the least. G3 is a new joint venture between Bunge Canada and Saudi Agricultural and Livestock Investment (SALIC) Canada, […] Read more

G3’s Karl Gerrand, CWB CEO Ian White, Agriculture Minister Gerry Ritz and CWB chief strategy officer Dayna Spiring (from left) announce G3’s $250 million plan to take a majority stake in CWB. (Dave Bedard photo)

Crops, Markets

Bunge, Saudi Arabia to buy control of CWB

By Dave Bedard April 15, 2015

Agribusiness giant Bunge and the Saudi Arabian government’s ag investment arm are the joint “successful acquirer” of the former Canadian Wheat Board. Bunge Canada and SALIC Canada, an arm of the Saudi Agricultural and Livestock Investment Co., on Wednesday announced their new Winnipeg-based joint venture, G3 Global Grain Group, will pay $250 million to CWB […] Read more

Crops, Spring Wheat, Weather

U.S. spring wheat seeding ahead of average pace

By MarketsFarm Team April 14, 2015

CNS Canada — Hard red spring wheat planting in the U.S. is underway and advancing faster than average due to favourable warm, dry weather in many regions, according to the North Dakota Wheat Commission’s crop progress report. As of Sunday, 17 per cent of the U.S. spring wheat crop was in the ground, up from […] Read more

Crops, Forages, Weather

Prairie forage crops to benefit from early spring weather

By Terryn Shiells April 14, 2015

CNS Canada — Forage crops in Western Canada are in a much better place this spring compared to a year ago, as spring’s early arrival will benefit crop development. The milder winter was also beneficial in preserving forage supplies, with feed stocks adequate to good in many regions, said Terry Kowalchuk, a provincial forage specialist […] Read more

(Manitoba Co-operator photo by Allan Dawson)

Corn, Crops, Weather

Man. corn planting seen starting last week of April

By Dave Sims April 14, 2015

CNS Canada –– The dry bias to this year’s spring, along with recent warm temperatures, leads one Manitoba agronomist to conclude corn will soon be going into the ground. “By the last week in April… unless some weather shift happens,” said Morgan Cott, agronomist for the Manitoba Corn Growers Association. Excess moisture shortened last year’s […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat nears one-month low on rain in forecast

By Julie Ingwersen April 14, 2015

Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled […] Read more

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Crops

G3 sees opportunities to expand in Canadian ag sector

CBOT weekly outlook: Corn, soy feel slight technical pressure

ICE weekly outlook: Canola treads water waiting for news

U.S. grains: Soy rallies to one-week high, wheat falls to one-month low

Guenther: Farmers keep minority stake in CWB, for now

Bunge, Saudi Arabia to buy control of CWB

U.S. spring wheat seeding ahead of average pace

Prairie forage crops to benefit from early spring weather

Man. corn planting seen starting last week of April

U.S. grains: Wheat nears one-month low on rain in forecast

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