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Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops

Louis Dreyfus could consider selling stake to regional player

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Paris | Reuters — Louis Dreyfus Co., one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there are no specific plans to do so, the company said Friday. Agricultural commodities traders have been grappling with lower profits from sourcing and shipping commodities
Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)
Crops

Canada ‘playing chess’ on canola file

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MarketsFarm — Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with federal International Trade Diversification Minister Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue.
Pork, peas and soybeans are now reporting trouble with shipments to China.
News, Oilseeds

Canadian farm exports run into Chinese wall

New commodities are reporting unexpected delays for importation to China

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An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richard­son International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola cargoes have been cancelled,
The power of pasture is among the environmental benefits the province wants to see recognized under its protein strategy.
Beef cattle, Forages, Local news

Manitoba protein strategy looks for sustainability

Profits aren’t the only kind of green the province hopes to court with its protein strategy

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Manitoba isn’t going to just produce more protein, it’s also going to do it more sustainably. That’s one of the top goals of the provincial government’s much-heralded protein strategy, unveiled for consultation earlier this winter. The question that raises, of course, is what that buzzword is going to mean in practice. Pasture potential Carbon sequestration
(SKHoward/iStock/Getty Images)
Crops, Markets, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling
(JohnnyMad/Getty Images)
Crops, Weather

Mustard acres to decrease, but yield outlook strong

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MarketsFarm — The most recent principal field crop acreage report from Statistics Canada predicts mustard seed area will drop from approximately 500,000 acres to 400,000 in 2019, concentrated mainly in southwestern, south-central, and west-central Saskatchewan. Although fewer acres are expected to be seeded, prime mustard-growing areas in Saskatchewan and Alberta saw precipitation in recent weeks,
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Weak export data drags soybeans to new lows

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Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Prices steady ahead of seeding

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MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report,

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