(Dave Bedard photo)

Agrium profit beats Street, helped by higher grain prices

Reuters — Fertilizer and farm retail dealer Agrium reported a better-than-expected fourth-quarter profit helped by higher prices for most grains and oilseeds. The company also forecast 2015 profit to be $7 to $8.50 per share. Analysts on average expect a profit of $7.55 per share, according to Thomson Reuters I/B/E/S. Agrium’s U.S.-listed shares rose two […] Read more



(Photo courtesy CN)

Industry braces for impact as CN lockout deadline nears

Toronto | Reuters –– A looming lockout at Canada’s biggest railway threatens to delay imports from Asia and may compound a U.S. West Coast port logjam unless last-ditch contract talks succeed Monday. Canadian National Railway (CN) and Unifor, the union representing its 4,800 mechanical, clerical and trucking workers in Canada, resumed talks on Monday, hours […] Read more



(Lisa Guenther photo)

U.S. grains: Corn, wheat slide to near three-week lows as dollar firms

Chicago | Reuters –– U.S. wheat and corn futures fell to near three-week lows on Monday as a strong dollar loomed over export demand along with aggressive competition from overseas suppliers, traders said. Soybeans, which remain underpinned by a tug-of-war for nearby supplies between processors and exporters, ended mostly unchanged after bouncing from session lows. […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

‘Extreme’ volatility expected in wheat markets this spring

Winnipeg | CNS Canada — Canadian and U.S. wheat markets are likely going to experience some “extreme” volatility this spring, Lawrence Yakielashek of FarmLink Marketing Solutions told the Wild Oats Grainworld Conference. “The spring months are when the firecrackers are going to start to hit the match,” he added. He predicted there would be a […] Read more


Global durum crops in good shape, for now

Winnipeg | CNS Canada — Since North America and Australia both produced poor-quality durum crops in 2014-15, all eyes are on Mexico, the U.S. desert, Europe and North Africa to come up with some higher-quality product. And so far, most crops in those areas look fairly good, Alan Hegemeier, a merchandiser with CHS Inc., said […] Read more




(FIle photo by Allan Dawson)

Manitoba corn acres expected to be ‘down or flat’

CNS Canada — A mixture of extremely wet conditions in 2014 and a projected dry outlook for southwestern Manitoba are leading one corn expert to predict fewer corn acres in the province in 2015. “The southwest was wet, wet, wet and now they’re expecting to be dry, dry, dry. Neither of those conditions is great […] Read more