Crop Report – for Oct. 14, 2010

SOUTHWEST REGION Cereal crops are 80 to 85 per cent complete; yields are average and quality is average to below average due to several rain showers. Canola harvest is 80 per cent complete with yields average to below average with reports that later-seeded canola has been impacted by frost. Flax harvest is 70 per cent


Viterra Takes Hit On Drop In Fertilizer Prices

Viterra slipped to a quarterly loss due mainly to lower grain margins and a writedown on its fertilizer inventory as farmers delayed applications until later in the spring, it said March 11. Viterra said it lost $33 million, or 14 cents a share for the first quarter, ended Jan. 31, compared with a profit of

Spring Wheat Could Be Sleeper Crop In 2009

Spring wheat could be the sleeper crop in 2009, according to market analyst Mike Krueger. The Fargo, N. D.-based president of The Money Farm consulting service has told his clients to lock in diesel fuel prices, if they can, and secure spring fertilizer supplies because it could be short. Krueger told the Manitoba Special Crops

World fertilizer prices down, farmers pay same

John Beckham knows world wholesale prices for fertilizer have dropped precipitously lately. But when he asks his fertilizer sales representative if retail prices will do the same, the man plays coy and pretends to know nothing about it. Beckham is not surprised. He knows agri-retailers are sitting on piles of expensive fertilizer they bought months