man speaking at a conference

China still an important factor

Exports remain key to Canada’s commodity sector as prices fall back to earth

Profits on grains and oilseeds might be down, but it’s no reason to panic. Speaking at Farm Management Canada’s Agriculture Excellence conference in Winnipeg, Farm Credit Canada’s chief economist said the high prices of recent years were never destined to become the new normal. “The sky is not falling, it’s not falling at all,” J.P.

EU raids ethanol companies over price-fixing concerns

Brussels | Reuters — The European Commission has raided ethanol companies in two EU countries as part of investigations into alleged price-fixing. The Commission, which acts as the competition watchdog in the 28-member European Union, said Thursday it had concerns that companies may have colluded in submitting price information used to set industry benchmarks for


 Photo: Allan Dawson

Carberry, 5440 Invigor Manitoba’s most popular spring wheat, canola in 2014

The Manitoba Agricultural Services Corporation has posted market share data 
based on 2014 seeded acreage reports filed by farmers

For the second year running, Manitoba farmers’ top pick for red spring wheat varieties was Carberry, the Manitoba Agricultural Services Corporation (MASC) says. And they liked 5440 Invigor canola, 24-10RY soybeans, Conlon barley, Souris oats and CDC Bethune flax, the list of crop varieties and their market share posted on the MASC website said. The

Winter rail traffic snarl jams U.S. Midwest ethanol plants

The coldest winter in three decades has stalled locomotives, frozen track switches and delayed crews

A winter-long traffic jam on U.S. railways is hampering transport of ethanol, forcing production cuts and ratcheting up prices in supply-deprived regions. The coldest winter in three decades has stalled locomotives, frozen track switches and delayed crews, causing snarls in Chicago and other major hubs across the continent and slowing much of the eastbound ethanol


New EPA biofuel targets dent corn’s demand prospects

At the very least, lower usage targets for both ethanol and other biofuels are 
expected to reduce interest in expanding production in the sector

Many corn traders tried to shrug off the U.S. Environmental Protection Agency’s proposal to trim the U.S. renewable fuels usage targets for 2014 and 2015, noting that U.S. ethanol production is driven more by operating margins than government-mandated blending requirements and is likely to remain high as long as ethanol makers can make profits. But



U.S. Cash Grains-Corn firm on river, soy mixed

Nov 19 (Reuters) - Corn spot basis bids were firm at U.S. Midwest river terminals early on Tuesday, bolstered by lower barge freight rates and a drop in futures to fresh three-year lows that made the grain more competitive in global export markets, dealers said. * Soybean bids also firmed along the Illinois River, while



The rise of Twitter and other modern mysteries

One of the great mysteries of the modern world has to be how a company like Twitter, a micro-blogging medium built around delivering short bursts of inconsequential information, can attract a value of $25 billion in its initial stock offering when the company hasn’t turned a profit since it was formed seven years ago —