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Tag Archives Cargill

Cereals, Dairy cattle, News, Oilseeds

Marubeni Deal May Aid Stealthy China Grain Imports

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China’s second strategic tie-up with a Japanese trading house may be nominally focused on safeguarding soybean supplies, but the unspoken longer-term aim could be to help Beijing secure low-key corn and wheat imports. For now, China remains as it has been for centuries, self-sufficient in corn and wheat supplies; it also holds massive state stockpiles
Beef cattle, Livestock, Opinion

Cattle Experts Say It Will Get Better

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Cattle industry experts are in general agreement that the long-term outlook is bright for the beef industry. However, the short term remains troubled. A substantial list of long-term positives were listed by presenters at the recent Saskatchewan Stock Growers Association annual meeting in Moose Jaw. Pork, poultry and beef supplies are all dropping in North
Beef cattle, Livestock, Opinion

Cattle Producer Predicted XL Closure

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Regular readers of this column will know I wasn’t too enthused about the sale of Lakeside Packers to XL Beef. The Competition Bureau decided that Canadian farmers would be well enough served by having two companies controlling 95 per cent of beef packing in Canada. It blessed the sale with the proviso that it would
Cereals, News, Oilseeds

Cargill Profit Drops 68 Per Cent As Economy Hurts

Agribusiness giant Cargill said on April 15 that quarterly profit fell 68 per cent, hurt by the weak global economy and troubles in the financial sector. Cargill, one of the world’s largest private corporations, said it had earned $326 million in the third quarter ended Feb. 28, down from $1.03 billion a year earlier. The
Cereals, Opinion

Letters – for May. 14, 2009

Open market would not change wheat acreage Would wheat acreage in Western Canada really soar if there were an open market for Prairie wheat? The Western Canadian Wheat Growers Association (WCWGA) says so, and points to Ontario as evidence. In fact, the general upward trend in Ontario’s wheat acreage began decades before the end of
Hogs, News

COOL Challenge Could Come Soon: CPC

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U. S. plants are “very cagey.” – FLORIAN POSSBERG, CPC A Wo r l d Trade Organization challenge to U. S. country-of-origin labelling is virtually certain and recent remarks by U. S. Agriculture Secretary Tom Vilsack may have speeded it up, industry insiders say. A letter from Vilsack to U. S. meat processors in January
Cereals, News, Oilseeds

Nexera Growing At Bunge Altona

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The owners have changed a few times and so have the oilseeds it crushes, but the processing plant farmers built here in 1946 still epitomizes the concept of “value added.” In fact, this plant has been “value adding” since long before the words became part of the Prairie lexicon. Canola, the oilseed it processes almost
Cereals, Crops, News

Wheat Moving Out Ahead Of Red River Flood

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Good progress has been made getting wheat out of the areas expected to be flooded by the rising Red River here and south to the border. “We probably have two-thirds to three-quarters of it in now and we’re fairly confident the bulk of it will be off-farm before the flood waters hit,” Canadian Wheat Board
Cereals, News

Australia’s GrainCorp, Cargill Reconfigure Partnerships

Global commodities firm Cargill Inc. and Australia’s GrainCorp Ltd. will end a grain-buying joint venture after the scrapping of Australia’s wheat export monopoly made the two competitors. Cargill will buy GrainCorp’s holding in Australian Grain Accumulation (AGA) Services for an undisclosed amount, GrainCorp said on April 3. GrainCorp will form a new grain-buying team, while
Beef cattle, Livestock, Opinion

Time To Rethink The Beef Business

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We are encouraged by a growing consumer movement towards not only organic foods, but just as important, local foods. Has anyone paid much attention to the NFU’s November 19, 2008 report on The Farm Crisis and the Cattle Sector? Among other things, the report reveals that average cattle prices are nearly half what they were

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