The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)

Andersons shares up after report hints Glencore interest

Reuters — Shares of U.S.-based agribusiness Andersons Inc. jumped more than six per cent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore could be interested in acquiring the company. The story mentioned Glencore’s interest in expanding its agricultural assets and named Ohio-based Andersons as well as privately held companies Scoular […] Read more




Britain backs Zimbabwe to help rural farmers

Harare | Reuters — Britain has given Zimbabwe about C$92 million to help increase food production by rural farmers over the next four years, as the southern African country faces the prospect of poorer harvests this year due to inadequate rains. Once the breadbasket of the region, Zimbabwe has since 2000 struggled to feed its […] Read more


(Photo courtesy Agrium)

Saskatchewan aims to ease potash tax’s price reliance

Winnipeg | Reuters — Resource-rich Saskatchewan wants to change the taxes it charges on production of potash, to better reflect output and lessen the influence of potash prices, the province’s economy minister said Thursday. Potash prices have weakened since 2012 as capacity has increased. Competition has also sharpened since the 2013 breakup of Belarusian Potash […] Read more

(Photo courtesy Canada Beef Inc.)

Feed barley bids rangebound in Western Canada

CNS Canada –– Prairie feed barley prices continue to hang tough in March, locked into a range established early this year. “We’re seeing a lot of bids in and around $205” per tonne, said Allen Pirness, a trader for Market Place Commodities at Lethbridge. Bids had been hitting around $210 per tonne, for example, on […] Read more


(Laura Rance photo)

Flax prices still strong enough to buy acres

CNS Canada –– Canada’s flax prices are still holding strong enough to encourage an acreage increase this spring, despite concerns about slowing demand. Prices have held up even as shipping opportunities have started to slow down, as there’s a standoff between buyers and sellers, and supplies remain tight, said Mike Jubinville of ProFarmer Canada. Old-crop […] Read more

(Lisa Guenther photo)

U.S. grains: Soy, corn drop as dollar rises

Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for U.S. exports, traders said. “It was all about the U.S. dollar today, as the night session gapped higher on big volume off dollar-related short covering, only to see […] Read more