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(Flax Council of Canada photo)
Crops

Flax Council of Canada seeks new chief

Wayne Thompson moving to WGRF

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Canada’s national market development organization for flax and flax products is officially in the market for a chief executive. The Flax Council of Canada said Tuesday its search for a new president is underway, after Wayne Thompson announced in August he has left the position to become executive director of the Western Grains Research Foundation
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops

Activist investor reported building stake in Bayer, seeking breakup

Bayer up for 'constructive dialogue'

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Reuters — Activist investor Bluebell Capital Partners has built a stake in Bayer AG and is pushing for a breakup of the German pharmaceutical and agriculture company, Bloomberg reported on Tuesday, citing sources. U.K.-based Bluebell is also seeking an overhaul of Bayer’s corporate governance, the report added. A Bayer spokesperson, who declined to comment on
CBOT March 2023 corn with 20-, 30- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn up off three-week lows on technicals, Argentine drought

Wheat sinks to 15-month low on weak U.S. exports; soybeans also down

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Chicago | Reuters — U.S. corn futures ended mixed on Tuesday after a technical and bargain-buying bounce from three-week lows faded as dull demand for U.S. exports overshadowed concerns about Argentina’s drought-reduced harvest. Soybeans ended mostly lower while wheat fell to its lowest in 15 months on good global supplies and weak demand for U.S.
“Having more selective insecticide options is welcome, as a fundamental component of integrated pest management is preserving natural enemies of crop feeding pests.” – John Gavloski, Manitoba Agriculture.
Crops, News

New weapon launched against aphids

Group 29 insecticide Carbine was registered at the end of November

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Pulse and alfalfa growers will have another arrow in their quiver to battle aphids this summer. Ag-chemical company FMC has announced that its flonicamid-based insecticide, Carbine, has the stamp of approval from Canadian regulators and will reach the market in 2023. The Group 29 product “disrupts the potassium channels in the pests’ nervous system,” interfering
(Dave Bedard photo)
Crops, Markets

Fund traders back on the long side in canola

Net long also extended in CBOT corn, soy

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MarketsFarm — Speculators in ICE canola moved back to a net long position in the futures to start the New Year, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 6,805 contracts on Jan.
CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports

Grain trade also monitoring Brazil

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Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker
“We have a high degree of optimism that we will see canola production grow in North America. Renewable fuels and the demand for renewable fuels is going to grow as well.” – Chris Vervaet.
News, Oilseeds

Renewable diesel demand expected to soar in next two years

Canola production poised to jump as new facilities come on stream in next two years, says processors association

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Glacier FarmMedia – Renewable diesel production is poised to take off in the next five years and the coming boom is great news for canola growers, says the Canadian Oilseeds Processors Association. “For canola crush, in terms of possible capacity growth in the years to come, we could see almost six million tonnes of increased
Local UAW union members arrive at Starbuck Middle School at Racine, Wis. to vote on CNH Industrial’s latest contract offer on Jan. 7, 2023. (Photo: Reuters/Bianca Flowers)
Crops

CNH workers at two U.S. plants reject proposed contract

Plants' workers on strike since May

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Racine | Reuters — Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labour contract, the United Auto Workers union said. The union did not disclose how many workers at the two plants rejected the four-year deal, which

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