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Cereals

Cereals, Crops, Grain Markets, News, Oilseeds

No surprise in grain stocks report

Reuters / Canada’s supplies of canola were slightly tighter on Dec. 31 than a year earlier, but all-wheat supplies grew modestly, Statistics Canada has reported. The calendar year-end stocks report is an indicator of how accurate StatsCan’s final production estimates were for the most recent harvest, along with how robust demand was late in the
Cereals, Crops, News

EU grains vulnerable with no protective snow

(Reuters) –– Bitterly cold weather in Europe is raising concerns over damage to European Union grain plantings, but crops could still come through the cold snap unscathed, analysts said. The problem is that snow is scarce in west Europe’s Grain Belts. In France, a mild winter has soft wheat crops about two to three weeks
Cereals, Crops, News

Saskatchewan pledges seven figures to wheat research

The Saskatchewan government has pledged $10 million over five years in new funding for development work on better, hardier wheats. The new support, to flow through the province’s Agriculture Development Fund (ADF), is meant to “accelerate” development of new varieties and help improve “yield, quality and tolerance to disease and extreme weather conditions.” The province
Cereals, Crops, News

Second suit seeks damages from monopoly’s end

A second group will seek to bring a class-action lawsuit against the federal government to win compensation for farmers over the end of the Canadian Wheat Board’s grain-marketing monopoly. The group, called Friends of the Canadian Wheat Board, will file its claim seeking compensation for the CWB’s physical assets, such as rail cars, as well
Cereals, News, Opinion

Letters — for Jan. 26, 2012

Conservative government needs a history lesson It is a shame that our elected members of government do not research information before they print false statements. In Merv Tweed’s last parliamentary report, two statements must be corrected. The first false statement was that the Canadian Wheat Board was “imposed” on western farmers. After many years of
Cereals, News

Legal fights over CWB’s future not going away

By
According to Agriculture Minister Gerry Ritz, it’s all over but the crying for supporters of the Canadian Wheat Board’s single desk. “It’s a done deal, folks,’’ Ritz told delegates at the Western Canadian Wheat Growers convention in Moose Jaw recently, referring to the legislation to eliminate the CWB’s monopoly over wheat and barley exports Aug.
Cereals, Crops, News, Opinion

Choose your middleman carefully

“Shop it around.” “Read the fine print.” “Work with companies you trust.” “Don’t try doing this without professional help.” The advice is flying thick and fast as farmers try to wrap their heads around the prospect of selling their wheat, durum and malt barley on the open market for the first time since their great-grandfathers
Cereals, Grain Markets, News, Oilseeds

Forecast calls for record canola acres, output

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Canola futures on the ICE Futures Canada trading platform were mixed during the week ended Jan. 20, with the nearby months seeing small gains while the deferred values were slightly weaker. A continued strong export lineup at Canada’s West Coast, along with strong domestic demand from the processing sector, helped to generate some of the
Cereals, Crops, News

More Crops Briefs, Jan. 26

Viterra shares stumble after disappointing Q4 Reuters / Shares of Viterra fell sharply after the grain handler reported disappointing quarterly results. The company reported lower-than-expected fourth-quarter earnings of three cents a share, although revenue of $3.1 billion topped expectations. CEO Mayo Schmidt said the results were “definitely disappointing.” However, for the year, Viterra’s profit jumped

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