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Cereals, Crops, News

Richardson International’s rise to share top grain spot

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The pending multibillion-dollar sale of Viterra demonstrates the value of patient capital and private ownership, says Richardson International president Curt Vossen. Last week publicly traded Viterra, Canada’s largest grain company, announced it was selling to the world’s No. 1 diversified commodities trader, Swiss-based Glencore, for $16.1 billion. But in a move believed aimed at getting
Cereals, News, Opinion

Our history: April 4, 1996

Our April 4, 1996 issue reported that the Canadian Wheat Board had moved 100,000 tonnes of grain from the Red River Valley in anticipation of spring flooding. A storm the previous week had dumped 20 cm of snow throughout southern Manitoba and the Interlake. In Geneva, veterinary and health experts had met to discuss a
Cereals, Crops, News

The cross with ancient species is considered a first

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Reuters / Scientists in Australia have crossed a popular, commercial variety of wheat with an ancient species, producing a hardy, high-yielding plant that is tolerant of salty soil. The researchers, who published their work March 12 in the journal Nature Biotechnology, hope the new strain will help address food shortages in arid and semi-arid places
Cereals, Crops, News

Briefs March 29, 2012

Indonesian consumers shun rice in favour of noodles jakarta / reuters / Rising incomes are prompting Asian consumers to switch to noodles and away from rice. It’s expected wheat demand in Indonesia, already Asia’s top wheat importer, will rise by at least five per cent a year over the next decade. The country imported six
Cereals, News

Canada’s Harper says Viterra bid not “primarily” foreign

reuters / Canadian Prime Minister Stephen Harper said March 25 that the structure of Glencore’s $6.1-billion deal to buy No. 1 Canadian grain handler Viterra means it should not necessarily be seen as a full foreign takeover. Harper’s comments come as the Canadian government and regulators begin reviewing the offer by Swiss-based Glencore, already the
Cereals, Livestock, News, Oilseeds, Opinion

Letters — for 2012-03-29

Full costs to farmers underestimated Some years back Co-operator reporter Allan Dawson quoted a farmer saying that basis is a licence to steal. Two March 22 opinions are cases in point where we as farmers take a back seat to the private trade margin traders. In “The $5-million advantage of local processing,” Manitoba Cattle Enhancement
Cereals, News

Big payday for Schmidt if Viterra sells

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Viterra CEO Mayo Schmidt will earn millions of dollars if Glencore buys Viterra, according to the Globe and Mail. Citing security filings the Globe says Mayo Schmidt will be paid an estimated $37.5 million through “a combination of the value of his stock holdings and of the fully vested value of his outstanding options and
Cereals, Crops, News

Assessing winter wheat survival

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There are a couple of ways to determine if winter wheat survived the winter, MAFRI says on its website. One is waiting until the soil and crowns warm up and root growth starts. That could take until mid-May. Another option is to extract several “sods” from the field and warm them inside. Keep the soil

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