Feed: Corn edges up, world supplies tighten

CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 13. • CBOT corn futures were up by three to four cents per bushel on Tuesday, as a rally in the neighbouring soybean market provided support. However, the advancing U.S. harvest and improving yield prospects kept

G3 CEO Karl Gerrand, shown here in April in Winnipeg, said the company isn’t particularly interested in making a move on Glencore’s Viterra assets. (Dave Bedard photo)

Not much interest in Glencore ag assets at grain firm G3

Winnipeg | Reuters –– Grain handler G3 Canada, a joint venture between a Saudi Arabian firm and Bunge Ltd., doesn’t have much interest in bidding for a stake in rival Glencore’s agricultural business, its chief executive said Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered by the commodities slump, is looking


Minimum temperatures on the Prairies for June 2015. (WeatherFarm.com)

Manitoba hail, reseed damage claims above average

CNS Canada –– Farmers have seen more weather-related hardships this year than normal, made evident by an above-average amount of hail and reseed damage claims. Summer hail and frost at the end of June and the beginning of July took a toll on crops, leading to insurance claims above the five-year average. Manitoba Agricultural Service



Lorne Hehn, shown here in an undated photo, was a southern Saskatchewan farmer before becoming UGG’s president in Winnipeg in 1981. (Grainews file photo)

Former UGG, CWB chief Lorne Hehn, 79

Lorne Hehn, at his funeral last week, was remembered as the Saskatchewan farmer-turned-businessman who led the Canadian Wheat Board toward its next-to-last incarnation as a farmer-controlled marketing agency. Hehn, who died Sept. 16 at age 79, had farmed at Markinch, about 65 km north of Regina, and was involved in several farm organizations, becoming a

Weather slows harvest progress, winter cereals emerging

Weather slows harvest progress, winter cereals emerging

Conditions as of October 5, 2015

In Manitoba, harvest progress was slowed over the past week and into the weekend due to precipitation. Harvest operations will resume once field and weather conditions permit. Grain corn harvest has started; producers also continue to harvest canola, flax, soybeans and sunflowers. Winter cereals are emerging with excellent germination and stand establishment reported. Fall field


(K-plus-S.com)

PotashCorp withdraws takeover bid for K+S

New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management. K+S shares dropped 24 per cent after Potash announced its decision in a statement, wiping



(Dave Bedard photo)

Glencore reported in talks on agriculture assets

Reuters — Glencore is in talks with a Saudi Arabian sovereign wealth fund and China’s state-backed grain trader COFCO, along with Canadian pension funds, to sell a stake in its agricultural assets, sources familiar with the matter told Reuters. Selling assets is one prong of a wider strategy by the Swiss-based trader and miner to

(Dave Bedard photo)

StatsCan comes in at low end of expectations for canola

CNS Canada — Despite an upward revision of nearly a million tonnes in Statistics Canada’s latest report, most analysts expect canola production will keep climbing further. StatsCan on Friday morning released its updated grain/oilseed production estimates, with data collected through surveys taken between Sept. 3 and 13. Canola production numbers came in at 14.3 million