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Trade’s crop estimates vary ahead of StatsCan report

MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more



cbot january soybeans

U.S. grains: Soy rises on trade hopes

Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report […] Read more

Pattison to shut one Saskatchewan Deere dealership

Pattison Agriculture’s chain of Deere ag equipment dealerships in Saskatchewan and Manitoba is preparing to cut one link. The Prairie farm equipment sales and service arm of B.C.’s Jim Pattison Group announced Tuesday on its website and social media it will permanently close its dealership at Foam Lake, Sask. effective Dec. 31. The Pattison store […] Read more


Dried Ear of Cereal crop in studio isolated against white background.

French wheat and barley ratings decline

Crop ratings for French wheat and barley have fallen sharply, while farmers made little progress with sowing and harvesting, data from farm office FranceAgriMer showed Nov. 22, suggesting heavy rain was continuing to affect field conditions. An estimated 78 per cent of soft wheat, France’s main cereal crop, was rated good or excellent in the […] Read more


Argentine farmers plant more soybeans

Argentina’s government and the country’s main grains exchange increased their soy-planting estimates Nov. 21, as growers hedge against political uncertainty by shifting toward oilseeds, which are cheaper to grow, and away from more expensive corn. Argentine President-elect Alberto Fernandez, set to take office on Dec. 10, has said little about his farm policy plans. But […] Read more




Grain World: Opportunities great for Canadian pulses, AGT CEO says

Saskatoon | MarketsFarm — To Murad Al-Katib, the opportunities for Canadian pulse exports to India are amazing, provided one correctly understands the context of India’s tariffs on pulses. Also, he said, those Canadian exporters must realize they need to switch from being solely dependent on commodities to adding value by shipping food and ingredients. “We […] Read more


AGT

Grain World: AGT books eventful 2019

Saskatoon | MarketsFarm — This year has been a watershed year for AGT Food and Ingredients, the company’s CEO Murad Al-Katib told the Grain World conference in Saskatoon. AGT was delisted from the TSX earlier in 2019, as Al-Katib moved to take the company private after 12 years of being publicly traded. Its new ownership […] Read more

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CN strike to weigh on railway’s 2019 profit

Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both […] Read more