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Cereals, Crops, News

Canadian grain farmers enjoying good times

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It’s a great time to be a farmer in Western Canada, but don’t expect the good times to last forever, grain industry officials said during the Fields on Wheels conference in Winnipeg Nov. 9. “This is truly a time of opportunity,” said Richard Wansbutter, Viterra’s vice-president of government and commercial relations. “I really think these
Crops, International news, News

Cuba’s sugar cane sector only beginning to recover from Sandy

The first of Cuba’s 50 sugar mills has resumed operations, weeks after the sector was battered by Hurricane Sandy. AZCUBA, the state-run holding company that replaced the Sugar Ministry two years ago, announced in October that it would produce about 1.68 million tonnes of raw sugar this season, 20 per cent more than last season’s
Cereals, Crops, Grain Markets, News

You ain’t seen nothing yet — analyst predicts $9 corn is on its way

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AgResource says stocks are perilously tight 
and if more weather woes hit, 
“we don’t know how high is high”

Reuters – U.S. corn prices could rise to a record $9 a bushel in the next six months as global grain markets continue to feel the effects of severe weather disruptions, says Chicago-based consultancy AgResource Co. The worst drought in half a century in the U.S., the world’s biggest corn grower and exporter, triggered a
News, Oilseeds

China maintains key cereal reserves

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The Chinese government will start stockpiling soy and corn from local farmers at higher prices than a year ago, an industry source said Nov. 13, a move set to stabilize domestic prices and support soy imports. China, the world’s top soy buyer, will pay 4,600 yuan ($740) per tonne to soy farmers in four major
News

Fungus boosts ethanol extraction from cornstalks

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Scientists looking for a way to extract the sugars from cornstalks for ethanol production have found an ally in white rot fungus, the American Chemical Society reports in a podcast. Based on a report by Yebo Li, PhD, in ACS’s journal Industrial & Engineering Chemistry Research, researchers found that by treating stover with the white
Cereals, Crops, News

Post-CWB monopoly system receives record grain volume Q1

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Concerns that Canada’s grain pipeline would initially struggle in the wake of ending the Canadian Wheat Board’s monopoly have proven groundless. A record 14 million tonnes of grain were delivered to the Canadian grain-handling system during the first 15 weeks of the crop year, Cargill Canada president Len Penner told the Grain Industry Symposium here
Crops, News

A breakdown of record grain deliveries during Q1

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A record 13.8 million tonnes of grain were delivered into Canada’s grain-handling system between Aug. 1 and Nov. 11, a Cargill Canada official said last week, citing Canadian Grain Commission figures. The previous record of 12 million tonnes was set in 2006. Of that 13.8 million tonnes, 11.5 million was delivered to primary elevators (10.74
Cereals, Crops, News

Canada’s grain system world’s best

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For years Canada’s grain industry engaged in self-flagellation, condemning the grain-handling and transportation system as inefficient. Not anymore. “We have arguably the world’s most efficient handling network,” Don Solman, Richardson’s vice-president of finance and chief financial officer told the Grain Industry Symposium Nov. 21. “Back in the 1990s, basically the network was rebuilt with large

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