Food and drink Archives - Page 270 of 368

U. S. Wheat Exports To Fade As Russia Flexes Muscle

By Karl Plume March 25, 2010

“(Russia is) essentially taking bushel for bushel market share away from the U. S. while we are focused on burning our food (as biofuel).” – BILL LAPP, ADVANCED ECONOMIC SOLUTIONS U. S. wheat production and slumping exports will continue to fade in coming years due to increasing competition in the global marketplace from lower-cost producers

Cereals, Crops

Outgoing Director Cites Single-Desk Advantages

By Daniel Winters March 25, 2010

“They are still in a position where their ability to put legislation through on the wheat board is doubtful, but I don’t have any illusions that if they were in a majority situation they would move pretty swiftly on their commitments.” – BILL NICHOLSON Outgoing Canadian Wheat Board director Bill Nicholson predicts that the Conservatives

Beef cattle, Livestock

U. S. Cattle Herd Smallest In Seven Years

By Bob Burgdorfer March 25, 2010

The U. S. feedlot cattle supply is the smallest in seven years, the U. S. Agriculture Department reported March 19, confirming trade forecasts. Contraction of the U. S. cattle herd has helped lift cattle prices to their highest level since late 2008. The cattle supply has decreased because producers have lost money for nearly two

Cereals, Grain Markets, Oilseeds

States’ Soggy Spring Supportive

By Phil Franz-Warkentin March 25, 2010

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada’s canola futures bounced around during the week ended March 19, setting fresh contract lows in the nearby months before eventually recovering to post modest advances in the most actively traded nearby contracts. However, the new crop months

Livestock, Other livestock

Menu Foods Considers “For Sale” Sign

By Manitoba Co-operator Staff March 25, 2010

Toronto-based pet food maker Menu Foods is considering putting some or all of itself up for sale as the finale to its recovery. The income fund announced March 16 it’s retained BMO Capital Markets as its adviser in “evaluating alternatives to maximize unit-holder value,” which could include “a sale of all or a portion of

Beef cattle, Dairy cattle, Livestock, Other livestock

Federal Beef-Packing Assistance Welcomed

By Alex Binkley March 18, 2010

“These measures address a real threat to the long-term profitability of the Canadian cattle industry.” – BRAD WILDEMAN Packers and cattle groups say assistance announced in the federal budget will make their sector more competitive. The budget allocated an extra $10 million for the Slaughter Improvement Program, $25 million for packing plants that handle animals

Cereals, News

Brisk Grain Movement Coming

By Allan Dawson March 18, 2010

The Canadian Wheat Board is on track to meet its export target of 19.3 million tonnes of wheat, durum and barley this year thanks to unusually good rail service, farmers here were told last week. “In my 10 or 11 years at the wheat board this is probably their (railways) best year next to last

Cereals, Livestock, Oilseeds

Viterra Buys North Dakota Pasta Processor

March 18, 2010

Viterra Inc. said March 10 it planned to acquire Dakota Growers Pasta Co., based in Carrington, North Dakota. It did not provide an acquisition price, but it said that Dakota Growers has an enterprise value of US$240 million. Dakota Growers is one of the largest durum mills in North America and the third-largest producer of

Cereals, Opinion

Only actual producers should vote

March 18, 2010

I would like to respond to the inaccuracies and misconceptions left by Allan Dawson in his article “Who controls the CWB, farmers or Ottawa?” in the March 4 Manitoba Co-operator. The Friends of the Canadian Wheat Board (FCWB) assertion is that everyone who holds a permit book deserves a ballot. Western Canadian producers have told

Cereals, Crops, News, Oilseeds

U. S. Grain Stockpiles Swell As Sales Slow

By Charles Abbott March 18, 2010

U. S. corn and wheat stockpiles will swell to their largest size in years as corn exports slow and Americans use less flour, the government said on March 10 in a report likely to influence planting this spring. Record crops, despite last year’s rain, flooding and snow, are still in the marketing stream. The supplies

Daily Network News

ICE weekly: War news driving canola markets

War is increasing food prices, insecurity say IMF, World Bank and UN food agency

B.C. agrochemical startup gets $1.2M in federal funding

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