CNS Canada/Dongen and Oirschot, Netherlands – Dutch dairy farmers were excited when the European Union removed milk quotas in 2015. For years the Netherlands had been hitting its quota, so dairy farms could finally grow. But when that growth happened too fast, there were new problems. Dutch dairy farmer Cees Beekmans says government officials claimed
Losing one quota means gaining another
Dutch dairy farmers are now free to produce all the milk they want — if they buy quota to produce more phosphate
CBOT weekly outlook: Corn and soy markets awaiting USDA report
CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish
Pulse prices feel pressure from rising ending stocks
CNS Canada – Increasing pulse ending stocks are going to continue to play into pulse crop prices in Canada, according to the latest update from Farm Credit Canada’s (FCC) ag economics team. “We’re still expected to see ending stocks increasing. So as we continue to see that ending stocks increase, that stock-to-use-ratio that we’d see
Drought’s effects linger on Prairies
CNS Canada — After a dry growing season last year in Western Canada, effects of the drought are still evident with news that most livestock producers won’t be doing a second cut of hay. “Pastures and hay fields didn’t get the moisture that they needed to really recharge over that winter period and get a
AGT managers seek to take company private
CNS Canada — Plans are afoot to take publicly-traded Saskatchewan pulse and specialty crop processing firm AGT Food and Ingredients private. AGT, in a release Thursday, said it has received a non-binding proposal from a senior management group, led by company CEO Murad Al-Katib, to acquire all its issued and outstanding common shares. The proposal
CBOT weekly outlook: Soy market waiting on trade war
CNS Canada — It’s a wait-and-see game for traders who deal in corn and soybeans on the Chicago Board of Trade (CBOT). “It looks like we’re going to be concerned a lot about what happens with our friends from China here in the short term,” said Jack Scoville, of Price Futures Group in Chicago, on
Prairie wheat bids down with U.S. futures
MGEX September wheat futures dropped by more than four per cent on the week
Wheat bids in Western Canada were down for another week, as trade tensions continued to weigh on U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $6 to $13 per tonne across the Prairie provinces, according to price quotes from a cross-section
Feed weekly outlook: Prairie market focused on weather
CNS Canada — Western Canadian feed grain buyers aren’t concerned if they’ll have crops to buy at the end of the summer, but they are concerned what the quality of those crops will be. “At this point it’s a weather market. So we kind of wait and see as it unfolds and respond accordingly,” said
Trade uncertainty hitting canary seed markets
CNS Canada — July is usually when Canadian canary seed prices weaken as producers dump unsold product onto the market — but this year that might not happen as trade uncertainty around the world affects the markets. “We tend to see weakness in July and then strength in the fall, but I don’t know if
Prairie wheat bids down as trade tensions weigh
Wheat bids in Western Canada continued their downward spiral for the week ended June 22, as ongoing trade tensions between the U.S. and China weighed on U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $8-$11 per tonne across the Prairie provinces, according to
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