Bunge-Viterra deal ‘effectively ends competition’ says NFU

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.

Pulse Weekly: Cash prices hold firm

At this time of year the pulse market is generally quiet, said broker Marcos Mosnaim of Prairie XI. However, he wasn’t entirely sure as to why most pulse prices were currently unchanged across Western Canada.


More precipitation at the start of winter says Environment and Climate Change Canada

Environment and Climate Change Canada (ECCC) presented its winter seasonal outlook on Dec. 4. Officials said they expect temperatures across the country to be close to or above normal for the beginning of winter. However, they pointed out Western Canada is likely to experience normal to below normal temperatures come January and February.




ICE Canada Weekly: Canola in a good position

Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.