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Pulses

(Dave Bedard photo)
Crops, Markets, Weather

Smaller crops anticipated in looming StatsCan report

Survey-based data due out Monday

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MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to 16 million tonnes, which would
“The railways always move it. The issue is, when do they move it?” – Wade Sobkowich, WGEA
News, Other

Grain shipping capacity eyed nervously

Can shippers capture premium prices this winter, or will railways cut too deep?

By
It’s official. Western Canada’s grain-handling and transportation system moved a record amount of grain during the 2020-21 crop year that ended July 31. When the dust had settled, Western Canada’s grain-handling and transportation system had moved a record 61.5 million tonnes. That’s up 5.1 per cent from last crop year’s record of 58.6 million, Mark
“We see crop disappearing every day because of the dry condition in the Prairies, and we see record prices at the same time.” – Ward Toma.
Grain Markets, News

Drought-battered farmers facing another crisis — contract penalties

Deadly combo of crop failures and sky-high prices leave some facing huge penalties on unfulfilled contracts

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Glacier FarmMedia – The drought is squeezing producers from all sides, with many facing another calamity — not having enough crop to fulfil their grain contracts. “There are issues because the drought is so widespread,” said Jason Saunders, vice-chair of Alberta Wheat who farms near Taber, Alta. “There was aggressive forward contracting on canola and
Crop Report, Crops, News

Rains come too late for cereals, canola, but could benefit soy, corn, potato growers

Manitoba Crop Report and Crop Weather report for August 24

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Southwest Region  Thunderstorms and widespread rain events the past seven days over much of the Southwest region brought significant moisture, between 60 to 117 mm rain. These rains will not have much impact on crop yields, but some potato, corn, sunflower and a few soybean crops will still benefit, and recharge soil water reserves.  Harvest
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

U.S. railway’s board sticks with CN’s bid

Kansas City Southern board spurns sweetened CP bid

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The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not
Workers unload humanitarian aid from a U.S. military helicopter at the airport at Les Cayes, Haiti on Aug, 18, 2021 after Saturday’s 7.2 magnitude earthquake. (Photo: Reuters/Henry Romero)
Crops, Weather

Haitians grow impatient for quake aid as hungry crowd gathers

Victims say they still lack food, shelter, clean water; some major hospitals damaged

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Les Cayes, Haiti | Reuters — A hungry crowd gathered outside an airport in southern Haiti on Wednesday as people left homeless by an earthquake that killed some 2,000 people voiced anger that government aid was slow to arrive five days after the disaster, leaving many without food and water. Prime Minister Ariel Henry, who
The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)
Crops

The Andersons to pay debt, invest in core units after rail business sale

Renewable fuels, specialty foods investments considered

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Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable farming and low carbon initiatives in its core grain and fertilizer units, CEO Pat Bowe told Reuters on Tuesday. Maumee, Ohio-based Andersons sold its rail

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