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Pulses

(Dave Bedard photo)
Crops

G3 plans two more Prairie elevators

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Prairie grain handler G3 plans to add another 76,000 tonnes of grain handling capacity in southwestern Saskatchewan and eastern Alberta. The Winnipeg company announced Thursday it will start work in early 2020 on new grain elevators at Swift Current, Sask. and Vermilion, Alta. for completion in 2021. Both new elevators are to be built with
Covantis developers said they met with industry stakeholders in Brazil in October to discuss how their system would apply in soybean traffic between Brazil and China. (Covantis.io)
Crops, Markets

Major grain traders’ e-transaction platform gets name

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The blockchain-based global commodity transaction platform being developed by six of the world’s biggest agrifood firms is moving ahead with a new name and project leader. The six companies — ADM, Bunge, Cargill, Louis Dreyfus, Cofco and Glencore Agriculture — announced Wednesday the project will be named Covantis, and have hired former ADM executive Stefano
(JimPattison.com)
Crops

Pattison to shut one Saskatchewan Deere dealership

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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
There are great opportunities for Canadian pulses, not only as commodity exports, but as food products, AGT CEO Murad Al-Katib says. (MarketsFarm photo by Glen Hallick)
Crops, Markets, Pulses

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

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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
(AGTFoods.com)
Crops

Grain World: AGT books eventful 2019

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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
Currency volatility important to remember
Markets, Other

Currency volatility important to remember

We’re currently at the low end of the historic range for the loonie’s value against the greenback


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Canada exports almost a third of its gross domestic products of goods and services. And when it comes to agriculture, those percentages are even higher. Based on statistics from the Canadian Agri-Food Trade Alliance, we export 50 per cent of our beef/cattle, 65 per cent of our malt barley, 70 per cent of our soybeans,
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

CN strike to weigh on railway’s 2019 profit

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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
Jason Shapiro at Grain World. (MarketsFarm photo by Glen Hallick)
Crops, Markets

Grain World: Geopolitics is back dominating global relations

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Saskatoon | MarketsFarm — Geopolitics is again shaping the international scene, including China, Jason Shapiro explained here Thursday at the Grain World conference. Geopolitics, he said, resulted in catastrophic global wars and generated very little peace for close to a century. Shapiro, director of analysis for Geopolitical Futures — an Austin, Tex.-based international risk analysis

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