Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Wheat drops on technical selling, drags corn lower

By Karl Plume December 30, 2014

Chicago | Reuters — U.S. wheat futures tumbled on Tuesday on profit taking and technical selling and as the dollar’s strengthening against the euro added to already-challenging U.S. wheat export prospects. Corn followed wheat lower in a profit-taking setback after the market hit a near six-month high the previous day, while soybeans closed lower after […] Read more

Crops, Markets, Pulses, Reuters

India reportedly considering import tax on pulses

By Reuters December 30, 2014

New Delhi | Reuters — India, the world’s biggest importer of pulses, is considering a 10 per cent tax on overseas purchases of pulses to support local farmers, a government official said Tuesday. The government is also considering to lift a ban on exports of pulses and edible oils, the official, who declined to be […] Read more

Cereals, Crops, Markets, Spring Wheat, Winter Wheat

Prairie CWRS bids ease along with U.S. futures

By Terryn Shiells December 29, 2014

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat were softer during the week, following declines seen in U.S. wheat futures. CWRS prices ranged from $4 to $7 per tonne lower in Alberta and Saskatchewan. The best pricing opportunities were still available in Manitoba, where prices were down almost $8 at […] Read more

Crops, Markets, Reuters, Spring Wheat

Iraq buys 200,000 tonnes hard wheat from Canada, U.S., Australia

By Reuters December 29, 2014

Hamburg | Reuters — Iraq’s state grains board has purchased 200,000 tonnes of hard wheat to be sourced from Canada, the U.S. and Australia in an international tender for at least 50,000 tonnes, European traders said on Monday. The purchase comprised 100,000 tonnes of Canadian wheat, 50,000 tonnes of U.S. wheat and 50,000 tonnes of […] Read more

Crops, Markets, Reuters

U.S. grains: Corn drops from peak, soybeans turn lower

By Karl Plume December 29, 2014

Chicago | Reuters –– U.S. corn futures declined on Monday on technical selling and profit-taking after stronger-than-expected weekly export sales earlier lifted the market to its highest in nearly six months. Soybeans also turned lower after earlier hitting a 6-1/2 week high, pressured by technical selling and easing soymeal prices. Wheat futures closed higher for […] Read more

Crops, Markets

Asian grain trader makes play in Peace region

By Canadian Cattlemen Staff December 28, 2014

Singapore grain and pulse crop trader Agrocorp has gone into northwestern Alberta’s Peace region to add more grain processing assets to its Canadian operations. The company announced last week it has bought the Falher Co-operative Seed Cleaning Plant at Falher, about 165 km northeast of Grande Prairie, for an undisclosed sum. The co-operative’s shareholders recently […] Read more

Crops

New Dreyfus CEO leaves Agrium board

By Canadian Cattlemen Staff December 28, 2014

Mayo Schmidt, the former Viterra chief executive named last month to become CEO of Louis Dreyfus’ global commodities business, has stepped away from the board table at ag input firm Agrium. Calgary-based Agrium, which includes wholesale fertilizer and retail seed, fertilizer and crop protection businesses, announced last Monday (Dec. 22) that Schmidt would resign from […] Read more

Crops, Markets, Reuters

Russian grain exports seen reviving as informal curbs ease

By Polina Devitt December 28, 2014

Moscow | Reuters –– Russian grain exports have picked up again after a decision to impose official export duties reduced informal curbs that had all but stopped sales abroad, SovEcon agriculture consultancy said on Saturday. Russia, the world’s fourth-largest wheat exporter, introduced informal grain export controls last week to try and cool domestic wheat prices […] Read more

Canola

Canola running into chart resistance

By Phil Franz-Warkentin December 24, 2014

Commodity News Service Canada — ICE Futures Canada canola contracts hit some of their best levels since August on Dec. 23, but ran into resistance to the upside to settle with small losses. The nearby trend remains pointed higher overall, but the lack of liquidity over the Christmas and New Year’s holiday season could lead […] Read more

Cereals

Russia’s grain exports stop: farm lobby

By maha-el-dahan, Polina Devitt December 24, 2014

Moscow / Abu Dhabi / Reuters — Russia’s grain exports have stopped due to curbs brought in to protect domestic supply, putting big deals at risk, an influential farm lobby group said on Wednesday. Russia’s main wheat buyers are Turkey, Iran and, very vulnerable to supply disruption, Egypt. Moscow imposed informal grain export controls with […] Read more

U.S. livestock: Cattle and hog futures slide

U.S. grains: Corn, soy, wheat futures rise as dollar sags; crop yields eyed

Pulse weekly: Large U.S. pea/lentil crops expected

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