Crops , Latest & Featured - Canadian Cattlemen

Scoular reported hit by $17M fraud

By Reuters February 4, 2015

Reuters — Scoular Co., a U.S. grain trading and handling firm, was swindled out of more than US$17 million through an international email scheme, a company official confirmed on Wednesday. The U.S. Federal Bureau of Investigation (FBI) is probing the fraud, which took place in June, a company spokesperson said in a telephone interview. The […] Read more

CS2000, shown here in field trials in August 2014, is billed as having “intermediate” resistance to the recently-discovered clubroot pathotype 5x. (BehindTheSeeds.ca)

Canola, Crops

Against clubroot, ‘I’-rated canola sits between ‘R’ and ‘S’

By Canadian Cattlemen Staff February 4, 2015

A new canola variety billed with “intermediate” reaction against a new pathotype of clubroot is being placed in the zone between “resistant” and “susceptible.” Canterra Seeds, the Winnipeg firm marketing the new CS2000 hybrid variety, clarified its claim for the seed in a statement on a company blog Wednesday, granting many growers may be seeing the […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans slip as dollar firms, crude oil falls

By Christine Stebbins February 4, 2015

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Wednesday, retreating from a three-week high notched Tuesday as the dollar rose, traders said. Outlooks for the driest areas of Brazil’s crop region calling for rain this week and the falling crude oil market also hurt soy prices. “Today, cooler heads prevailed and […] Read more

Crops, Markets

Canada’s large canola stocks top expectations

By Terryn Shiells February 4, 2015

CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number […] Read more

Crops, Machinery, Markets

Prairie shippers’ group expands grain car tracking

By Canadian Cattlemen Staff February 3, 2015

A clutch of Prairie grain industry stakeholders says its pool of weekly data on rail car spotting is getting deeper and still shows significant shortfalls in car delivery from Canada’s big two railways. The Ag Transport Coalition on Tuesday released a performance measurement update, which it says now includes aggregate data from shippers representing about 85 […] Read more

Crops, Markets, Reuters

U.S. grains: Corn gets biggest boost of new year as dollar slips

By Christine Stebbins February 3, 2015

Chicago | Reuters — U.S. corn and wheat futures climbed four per cent on Tuesday amid a broad-based rally in commodities led by crude oil as the dollar slipped to a near-two-week low on weaker domestic economic data, traders said. Chicago Board of Trade grain markets were overdue for a short-covering rebound after falling to […] Read more

(Photo courtesy Canola Council of Canada)

Crops, Markets

StatsCan canola stocks expected to drop from year-ago mark

By Terryn Shiells February 3, 2015

CNS Canada –– With Statistics Canada releasing its estimates Wednesday for crop stocks as of Dec. 31, canola supplies are generally expected to fall compared to year-ago levels. The lower stocks estimates are mainly linked to smaller production in 2014-15, compared to the record large crop grown in 2013-14, analysts say. “Stocks were pretty high […] Read more

Crops, Reuters

ADM profit jumps as big U.S. harvest boosts ag services

By Karl Plume February 3, 2015

Chicago | Reuters — U.S. agribusiness Archer Daniels Midland on Tuesday reported higher quarterly earnings as a record-large U.S. harvest boosted grain volumes and supported strong exports, though revenue fell short of expectations. Earnings in agricultural services, ADM’s biggest business segment in terms of revenue, grew as bumper U.S. corn and soybean crops replenished thinned […] Read more

Crops, Markets, Reuters

China said planning bigger role for market in grains pricing

By Dominique Patton, Niu Shuping February 3, 2015

Beijing | Reuters –– China wants to give the market a bigger role in setting farm prices and move away from a controversial state stockpiling policy that has led to bulging grain inventories and a surge of cheap imports, a top agricultural official said Tuesday. That policy, in which grains are bought at artificially high […] Read more

Corn, Crops, Reuters

Cargill begins selling GM corn seed at centre of lawsuits

By Tom Polansek February 2, 2015

Reuters — Cargill has started selling a variety of genetically modified Syngenta corn seed that previously disrupted U.S. grain trading, now that China has approved imports of the biotech crop. Cargill, one of the top U.S. grain exporters, began selling seed containing the Agrisure Viptera trait last month and scrapped a policy that required farmers […] Read more

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Crops

Scoular reported hit by $17M fraud

Against clubroot, ‘I’-rated canola sits between ‘R’ and ‘S’

U.S. grains: Soybeans slip as dollar firms, crude oil falls

Canada’s large canola stocks top expectations

Prairie shippers’ group expands grain car tracking

U.S. grains: Corn gets biggest boost of new year as dollar slips

StatsCan canola stocks expected to drop from year-ago mark

ADM profit jumps as big U.S. harvest boosts ag services

China said planning bigger role for market in grains pricing

Cargill begins selling GM corn seed at centre of lawsuits

Canadian Cattlemen Presents: Depth of Field

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