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Motherland Monument, Kiev. (CIA.gov)
Crops, Markets

Ukraine ceasefire may, or may not, weigh on wheat

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CNS Canada –– A tentative ceasefire in eastern Ukraine could lead to adjustments in the global grain markets, with softening wheat prices a possibility. Conflict in eastern Ukraine has been an underlying factor in grains and oilseeds markets over the past year, with the uncertainty of the situation providing both bearish and bullish incentives for […] Read more
Crops, Markets, Reuters

U.S. West Coast ports undergo partial shutdown

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Los Angeles | Reuters –– The 29 ports on the U.S. West Coast were effectively closed to cargo freighters for the second time in less than a week on Thursday under a partial shutdown imposed by shipping lines and terminal operators in an escalating labour dispute with the dockworkers’ union. The loading and unloading of […] Read more
(Lisa Guenther photo)
Crops, Markets, Reuters

U.S. grains: Soybeans rise on exports; corn, wheat weak

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Chicago | Reuters –– Soybean futures firmed Thursday on signs that export demand for U.S. supplies remained robust despite expectations of bumper harvests in Argentina and Brazil, traders said. Wheat and corn futures were weaker, pressured by ample global supplies, but both commodities remained within recent ranges. Soybeans received an additional boost from technical buying […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Another union serves CP with strike notice

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Barring last-minute deals or back-to-work legislation, staff handling locomotive and rail car inspection, maintenance and repair at Canadian Pacific Railway may join the company’s engineers and conductors on strike Sunday. Unifor, which represents about 1,800 CP employees, announced Thursday it served CP late Wednesday night with strike notice for 12:01 a.m. Sunday (Feb. 15), following […] Read more
(ALL-Logistica.com)
Crops, Machinery, Reuters

Regulator clears Brazil agribusiness’ takeover of railway

Brasilia | Reuters — Brazil’s antitrust regulator Cade on Wednesday approved the takeover of the country’s main railway operator America Latina Logistica SA by Cosan Logistica SA, with restrictions to protect against unfair market advantages. The lead Cade investigator on the case, Gilvandro de Araujo, said restrictions on the merger would include guarantees of third-party […] Read more
Kabuli chickpeas. (PulseCanada.com)
Crops, Markets, Pulses

Chickpea prices subdued, bounce unlikely in short term

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CNS Canada –– Weather issues in India have generated some rumblings in the international chickpea market recently, but prices remain subdued in Western Canada and aren’t expected to see any significant strength in the near term. “The chickpea market is still being dominated by very cheap Russian and Argentine supplies,” said Colin Young of Midwest […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola hangs tough with loonie

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CNS Canada –– ICE Futures Canada canola contracts were rangebound for the week ended Wednesday, but managed to post slight gains overall as a weaker Canadian dollar supported values. “Weakness in the Canadian dollar is the underlying supportive factor,” said Keith Ferley of RBC Dominion Securities in Winnipeg. Funds are very long right now, he […] Read more
Kellie Leitch speaking in Ottawa in March 2014. (Labour.gc.ca)
Crops, Machinery, Reuters

Labour minister says CP, engineers urged to bargain

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Vancouver | Reuters — Federal Labour Minister Kellie Leitch on Wednesday said she was encouraging the parties at Canadian Pacific Railway (CP) to bargain, but declined to speculate on what Ottawa might do if workers went out on strike. CP said its managers will be ready to take over if the railway’s engineers and conductors […] Read more
Crops, Reuters

Colombia’s coffee sector seen needing complete overhaul

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Bogota | Reuters –– Colombia’s coffee sector needs a complete overhaul to recover from a huge loss of global market share, says a government-commissioned report, seen by Reuters, in which the recommendations include deregulation of exports and the introduction of a minimum price. Despite the undisputed quality of its mild arabica coffees, Colombia now supplies […] Read more

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