Food and drink Archives - Page 131 of 368

The virtues of patient capital

By John Morriss March 29, 2012

The story of the Prairie grain co-operatives is certainly one for the business books. Starting from nothing in 1923, by 1929 the Pools through the Central Selling Agency had the largest sales of any business in Canada. A year later it collapsed, but the Pools rose again as handling companies, and along with UGG, dominated

Beef cattle, Livestock, Livestock Markets, News

U.S. feedlot cattle supply at a four-year high

By Theopolis Waters March 29, 2012

Placements rose three per cent in February Cattle supplies in U.S. feedlots rose to their highest in four years last month, a U.S. government report showed March 23, as surging prices in the cash market and improved wheat pastures in the drought-stricken southern Plains lifted placements. The U.S. Department of Agriculture’s cattle-on-feed report showed that

Beef cattle, Livestock, Livestock Markets, News

Hormone-treated beef dispute ends

By Gilbert Reilhac March 29, 2012

The European Parliament approved a deal between the EU and both the United States and Canada on hormone-treated beef March 14, ending one of the trading powers’ oldest disputes. The case dates back to 1988 when the European Union banned all imports of beef from cattle treated with growth hormones, a move that prompted U.S.

Cereals, Crops, News

Briefs March 29, 2012

March 29, 2012

Indonesian consumers shun rice in favour of noodles jakarta / reuters / Rising incomes are prompting Asian consumers to switch to noodles and away from rice. It’s expected wheat demand in Indonesia, already Asia’s top wheat importer, will rise by at least five per cent a year over the next decade. The country imported six

Beef cattle, News

Food companies poised to profit as production rebounds

By Rod Nickel March 29, 2012

The world’s farmers are poised for a year of plenty in 2012 after last year’s weather-related disasters, and prospects of lower grain prices from bumper harvests could offer relief to the battered bottom lines of grain and food companies. Food and beverage companies like Sara Lee, PepsiCo and General Mills have struggled to absorb high

Cereals, News

Canada’s Harper says Viterra bid not “primarily” foreign

March 29, 2012

reuters / Canadian Prime Minister Stephen Harper said March 25 that the structure of Glencore’s $6.1-billion deal to buy No. 1 Canadian grain handler Viterra means it should not necessarily be seen as a full foreign takeover. Harper’s comments come as the Canadian government and regulators begin reviewing the offer by Swiss-based Glencore, already the

Cereals, Livestock, News, Oilseeds, Opinion

Letters — for 2012-03-29

March 29, 2012

Full costs to farmers underestimated Some years back Co-operator reporter Allan Dawson quoted a farmer saying that basis is a licence to steal. Two March 22 opinions are cases in point where we as farmers take a back seat to the private trade margin traders. In “The $5-million advantage of local processing,” Manitoba Cattle Enhancement

Cereals, Crops, Grain Markets, News, Oilseeds

Old-crop canola contracts resist downward pressures

By Dwayne Klassen March 29, 2012

ICE Futures Canada canola contracts started the week ended March 23 strong, but finally ran into resistance to post their first weekly declines in nearly two months in the old-crop contracts. However, even the correction lower was short lived, as Friday saw the market attempt to retest those earlier highs. Overbought price sentiment and pent-up

Cereals, News

Big payday for Schmidt if Viterra sells

By Manitoba Co-operator Staff March 29, 2012

Viterra CEO Mayo Schmidt will earn millions of dollars if Glencore buys Viterra, according to the Globe and Mail. Citing security filings the Globe says Mayo Schmidt will be paid an estimated $37.5 million through “a combination of the value of his stock holdings and of the fully vested value of his outstanding options and

Cereals, News

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

By Allan Dawson March 29, 2012

Most farm groups are giving the Viterra sale a thumbs up on the grain side of the transaction, but there’s concern about potentially less competition in farm input sales. Glencore is buying Viterra, but will sell 232 of Viterra’s 258 input stores in Canada and all 17 in Australia, along with 34 per cent of

Daily Network News

Argus cuts Ukraine wheat crop forecast on lower harvest area

Argentina soybean production to be firm in 2026-27

Southern California honeybees show resistance to varroa mites

Tag Archives Food and drink

The virtues of patient capital

U.S. feedlot cattle supply at a four-year high

Hormone-treated beef dispute ends

Briefs March 29, 2012

Food companies poised to profit as production rebounds

Canada’s Harper says Viterra bid not “primarily” foreign

Letters — for 2012-03-29

Old-crop canola contracts resist downward pressures

Big payday for Schmidt if Viterra sells

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

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