Chicago Soybeans Put Pressure On Winnipeg Canola

column Canola futures on the ICE Futures Canada trading platform lost ground during the week ended Nov. 11. Much of the price weakness was associated with the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex and with the unsettled ongoing macroeconomic picture. Keeping a firm floor under canola was steady


How To Silence A Critic In 14 Days Or Less

TORONTO/REUTERS Viterra Inc. appointed a representative from its largest shareholder as a director less than two weeks after the same investor said the board was poorly equipped to lead Canada s biggest grain handler. Regina, Sa s k a t c h e w a n-based Viterra said late Nov. 11 that Brian Gibson had

Brazil Claims Soybean Export Crown

CHICAGO / SAO PAULO / REUTERS Brazil will wrest the mantle of the wor ld s top soybean exporter from the United States in the coming year, in the latest sign of America s slowly diminishing role in global food trade. Just months after data showed the United States would supply less than half of


Australia, Canada To Hike Rapeseed Sales

hamburg / reuters A growing global rapeseed import requirement following poor crops in the European Union and China will open the door to larger sales of canola by Australia and Canada, Hamburg-based oilseeds analysts Oil Worldforecast Nov. 8. The global dependence on Canadian and Australian canola exports will rise to new highs in the 2011-12

Maize Shortage Looms In South Africa After Country Bumps Up Exports

JOHANNESBURG / REUTERS South Africa will run out of maize as early as next month after the country committed most of its harvest for exports. They (other countries) have also bought an unknown quantity that is in our silos and is still to be exported. This unknown quantity is now causing panic among local buyers,


MBP Votes Thumbs Down On MCEC Checkoff

Co-operator staff / brandon The Manitoba Beef Producers has given a thumbs down on the $2-per-head voluntary checkoff for the Manitoba Cattle Enhancement Council. A resolution to eliminate the checkoff aimed at supporting beef slaughter capacity in the province was passed by a narrow margin of 24-21 after a vigorous debate at the recent MBP

Corn 2012 Output Under Threat From Rising Inputs

Convent ional wisdom holds U.S. farmers will boost corn production next year because of historically high prices, robust end-user demand, and low global inventories. But corn prices, off their highs by more than $1 a bushel, are now only 12 to 13 per cent above year-ago levels, and input costs are on average 25 per


Seven Billion And Growing

To me this is the major problem facing the world, said Michael Trevan, dean of the faculty of agricultural and food sciences at the University of Manitoba. Climate change may come and go… but we ve got a bigger problem on our hands. He noted world population is expected to reach 9.5 billion in the

China Tops Canada As Top U.S. Farm Export Market

brief washington /reuters China, the world s largest importer of cotton and soybeans, has topped Canada to become the No. 1 market for U.S. farm exports for the first time, the Agriculture Department said Nov. 10. U.S. exporters sold $20 billion in agricultural products to China during the fiscal year that ended on Sept. 30,