Chinese sign record-large U.S. soy purchase agreement

A Chinese trade delegation signed deals Feb. 17 to buy a record amount of U.S. soybeans during a visit to the United States at a time when a harsh drought has slashed crops in rival soy exporters in South America. The delegation inked agreements for 13.4 million tonnes valued at $6.7 billion, the U.S. Soybean

Corn to take over Minnedosa plant this spring

Husky’s Minnedosa ethanol plan is set ditch wheat and focus on corn during a two-month-long run this spring. “In the next couple of months, March and April, we’re going to do a 100 per cent corn run,” said Raymond Dyck, Husky Minnedosa’s grain marketing co-ordinator. “This is the first time we have gone to 100



Plant product to go toe to toe with meat and dairy?

A researcher says the global food problem is not feeding people, but animals Livestock agriculture is an obsolete technology, says Stanford researcher, Patrick O. Brown. “Animal farming is by far the biggest ongoing global environmental catastrophe,” says Brown. “It’s an inefficient technology that hasn’t changed for a millennia.” In a presentation to the American Association


Brazil planning giant Amazon soybean port

rio de janeiro / reuters / Brazilian port authorities are planning a new grains port in the Amazon region, a terminal designed to become the country’s largest soybean export centre and to slash transportation costs for farmers, the Folha de S. Paulo newspaper reported Feb. 18. The proposed 18-million-tonne-a-year Port of Outeiro would be built

China’s “Feed King” calls for opening corn trade

beijing / reuters / China should fully liberalize its corn trade, according to the founder of the country’s largest private agricultural business. China currently maintains a quota system over grains imports in an attempt to grow almost all of its grains domestically. But as meat consumption rises, feed companies are increasingly chafing against the restrictions.



USDA favours corn with 2012 crop insurance price guarantees

Chicago / Reuters / Crop insurance price guarantees for 2012 should encourage U.S. farmers to plant corn over soybeans, according to analysts. The U.S. Department of Agriculture set the guarantees, which act as the floor price for crop insurance policies, at $5.68 per bushel for corn and $12.55 a bushel for soybeans across most of


Our history: February 1929

Hemp is not a new crop in Manitoba. The February, 1929 issue of The Scoop Shovel, which later became the Manitoba Co-operator, featured an advertisement for rope made from Manitoba-grown hemp by the Manitoba Cordage Co. in Portage. Another local product advertised was Kirchner’s seeder plow, which “plows, sows and covers the seed,” with claimed

Expect canola industry to seek even more acres

ICE Futures Canada canola contracts remained pointed decidedly higher during the week ended Feb. 17, showing no real signs of slowing down. Similar gains in the Chicago soy complex did provide some underlying support to the Canadian futures, but canola was also benefiting from its own bullish fundamental and technical factors. Depending on the chart