Crops , Latest & Featured - Canadian Cattlemen

CBOT weekly: Bullish U.S. dollar seen pinning grain futures

By Dave Sims March 11, 2015

CNS Canada — Chicago Board of Trade corn and soybean futures remained largely unchanged over the past week but a bullish U.S. dollar, currently outperforming many of the world’s other currencies, will keep the long-term bias pointed lower, according to a U.S. analyst. “We’re going to need a weather event, we’re going to need a […] Read more

(Michael Thompson photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Wheat rises to one-week high on dry U.S. Plains

By Julie Ingwersen March 11, 2015

Chicago | Reuters — U.S. wheat futures rose 1.2 per cent to a one-week high on Wednesday, extending four-day gains to nearly four per cent on short-covering and concerns about dry weather in U.S. growing regions. Corn and soybeans also firmed, although renewed strength in the dollar capped rallies. At the Chicago Board of Trade, […] Read more

Crops, Lentils, Markets, Pulses

Red varieties driving lentil acreage increase

By Dave Sims March 11, 2015

CNS Canada — As Canada’s remaining old-crop lentils shuffle off to buyers overseas, interest is building in the potential for new crop in 2015. Chuck Penner of LeftField Commodity Research in Winnipeg said he expects more acres will be planted this spring as a result of the strong interest. “Oh, there’ll definitely be more; the […] Read more

Peter Johnson, shown here in 2009, urges farmers to check their bins given the recent rise in outdoor temperatures. (Ralph Pearce photo)

Crops, Weather

Temperatures climbing? Check the grain bins

By Ralph Pearce March 11, 2015

As much as warmer weather may have growers in Ontario thinking of spring planting, a provincial ag specialist warns farmers to consider the old crop ahead of any plans for the new crop. Temperatures are moderating and in southern Ontario, they’ve risen well above freezing for the first time in nearly two months. That’s prompted […] Read more

Crops, Markets

Cheaper crude clouds Canada’s economic fortunes

By Lisa Guenther March 11, 2015

While dropping oil prices have boosted the U.S. economy, how the price slump will affect the outlook north of the border remains a question mark from where Canada’s largest lender sits. “In Canada, it’s a little bit less clear-cut. And the reason is our energy sector is much larger as a share of the overall […] Read more

Crops, Machinery, Markets

Manitoba Case dealerships to join Rocky Mountain chain

By Canadian Cattlemen Staff March 10, 2015

Predicting a “challenging environment” ahead for revenue growth as crop prices slip, Case IH dealership mega-chain Rocky Mountain Equipment is set to expand further into Manitoba. Calgary-based RME on Tuesday announced its fourth-quarter and year-end results plus a deal to buy southern Manitoba dealership chain Chabot Implements for $6.8 million. Family-owned Chabot includes dealerships at […] Read more

Crops

Mosaic fast-tracking Esterhazy potash mine expansion

By Canadian Cattlemen Staff March 10, 2015

U.S. fertilizer firm Mosaic Co. has put expansion work at its southeastern Saskatchewan potash mining site on an “accelerated” timeline. Mosaic, which said in 2008 it would invest $1.7 billion to add 1.8 million tonnes of capacity at its Esterhazy, Sask. site by 2020, now plans to have its new “K3” satellite mine delivering potash […] Read more

Crops, Machinery, Markets, Reuters

Prince Rupert to boost container handling capacity

By Julie Gordon March 10, 2015

Vancouver | Reuters — Maher Terminals Holding Corp. said Tuesday it would boost container-handling capacity by more than half at the Port of Prince Rupert, under an expansion of its container terminal at the northern British Columbia port. The Fairview Container terminal will be expanded to more than 1.3 million 20-foot equivalent units (TEUs) per […] Read more

Crops, Weather

Mild Prairie temperatures not expected to last

By Dave Sims March 10, 2015

CNS Canada — Despite recent mild temperatures that are forecast to hang around the Canadian Prairies for the next week, a weather expert says a colder bias will return during the latter stages of the month. “It will take a while for it to come back, but it will come back,” said Drew Lerner of […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans sag after monthly USDA report

By Julie Ingwersen March 10, 2015

Chicago | Reuters –– Chicago Board of Trade soybean futures fell on Tuesday after the U.S. Department of Agriculture surprised analysts by leaving its forecast of domestic soy inventories unchanged in a monthly report. A strong dollar hung over the commodities sector, pressuring grains as well as crude oil and copper. But wheat closed higher, […] Read more

New Quebec ag minister named in shuffle

U.S. livestock: Cattle futures fall on expectations of US agriculture secretary announcement

Agrichemicals firm Corteva explores splitting seed and pesticide units, WSJ reports

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