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Cereals, Opinion

Letters – for Oct. 27, 2011

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We welcome readers comments on issues that have been covered in the Manitoba Co-operator.In most cases we cannot accept open letters or copies of letters which have been sent to several publications. Letters are subject to editing for length or taste. We suggest a maximum of about 300 words. Please forward letters to ManitobaCo-operator, 1666DublinAve.,Winnipeg,
News

Farmers Turn To The Web To Burnish Image

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October is a busy month for Kansas farmer Darin Grimm. With 2,000 acres of corn and soybeans to harvest, the third-generation family farmer is running a combine nearly dawn to dusk. But he still makes time to tweet. Whether it s touting the benefits of a new fertilizer, sharing photos of a newborn calf, debating
Cereals, News

Conservatives Pull Out All Stops To Ram CWB Bill Into Law

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CO-OPERATOR CONTRIBUTOR / OTTAWA The Conservatives have the legislation to strip the Canadian Wheat Board of its wheat and barley monopoly on a forced march through Parliament. Second reading debate began Oct. 19 and was set to conclude Oct. 24 as theCo-operatorwas going to press. The government will use its majority to give the bill
Cereals, Grain Markets, Oilseeds

Larger Economic Issues Weigh On Canola

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column Canola futures on the ICE Futures Canada trading platform resumed a downward price trend during the week ended Oct. 21. Losses were attributed to the price declines experienced by CBOT (Chicago Board of Trade) soybeans and outright liquidation by speculative fund accounts. Elevator company hedge selling was also evident, especially when canola showed signs
Cereals, Grain Markets

Viterra Says CWB Can Thrive In Open Market

Winnipeg / reuters Canada s biggest grain handler, Viterra Inc., is willing to work with the Canadian Wheat Board in an open-market system and thinks the board can thrive without its marketing monopoly, chief executive Mayo Schmidt said Oct. 21. If the wheat board chooses to engage with industry to frame out a relationship and
Cereals, News

Marketing Freedom Bill Hits House

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When Bill 18 the Grain Marketing Freedom for Farmers Act becomes law, the board s 10 farmer-elected directors will be fired and the five remaining government-appointed directors, including current president and CEO Ian White, will be in charge. Grain companies will be allowed to forward contract wheat, durum and barley for the 2011-12 crop year.
Cereals, News

Millions For Churchill

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The Port of Churchill is getting millions of federal dollars to help it adjust to an open market starting Aug. 1, 2012. Eighty-five per cent of the total traffic, and almost all of the grain exported through Prairie Canada s only seaport, comes from the Canadian Wheat Board. Last year it exported 659,000 tonnes of
Cereals, Grain Markets, Oilseeds

Canola Futures Recovering On Fresh Chinese Demand

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Dwayne Klassen CNSA Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers
Cereals, Livestock, Poultry

U.S. Hog, Poultry Firms To Extend Use Of Feed Wheat

chicago/reuters The surprise drop in U.S. corn feed demand this summer may be only the beginning of a yearlong reduction as chicken and hog producers break a long-held aversion to blending more wheat into rations. What initially began as a summer fling sparked by an unprecedented premium for corn prices over wheat has turned into
Livestock, Oilseeds

Cargill Earnings Tumble

U.S. agribusiness and trading firm Cargill Inc. posted a steep drop in quarterly earnings Oct. 10, citing economic uncertainty and volatile commodity markets. Minneapolis-based Cargill, one of the world s largest privately held corporations, reported $236 million in earnings from continuing operations for the quarter ended on Aug. 31, down 66 per cent from $693

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