(Dave Bedard photo)

Cargill posts net profit on special gains; revenue down

Reuters — Global commodity trader Cargill on Wednesday said it turned in a quarterly net profit, boosted by special gains that offset poor results from trading and oilseed processing. Revenue for the privately held company declined for the eighth straight quarter. Minnesota-based Cargill reported net income of $15 million for the fourth quarter ended May

(Scott Bauer photo courtesy ARS/USDA)

Lower feed costs weigh on supply-managed goods

CNS Canada –– Relatively soft feed grain prices over the past year mean producers of supply-managed commodities, such as milk and eggs, have also received lower prices for their products. Such is the interpretation of industry participants accounting for declines in the latest Farm Price Index data released by Statistics Canada. The livestock and animal


one dollar banknote among wheat grains

Back to the future for grain price outlooks

It's beginning to look a lot like 1983 for global grain markets. How long will the pain linger and what will finally cause them to turn the corner to better times?

If there were any lingering doubts over whether the grain price party is over, a few hours at this year’s Cereals North America conference last week firmly laid them to rest. Speaker after speaker set the scene for a melancholy outlook. Stocks are at or near record levels for many crops, there is continued growth

John De Pape discussed the cash grain price service he is working on for the Alberta Wheat Commission during the Keystone Agricultural Producers’ General Council meeting in April.

Cash grain price service up and running

More information is coming

Economists agree key to a successful open grain market is, well, openness, which includes easy access to accurate market information such as cash prices. To that end the Alberta Wheat Commission (AWC) launched the first phase of its free, new web-based Crop Data and Price Reporting initiative Sept. 8. Price & Data Quotes (PDQ) aims



vintage newspaper advertisement

CN says ‘thanks’, and Carman rallies in the face of low grain prices

Our History: April 1986

This CN ad from our April 24, 1986 issue thanked producers for attending its meetings across the Prairies that winter. Stories about low grain prices were prominent in the issue. The U.S. had launched the Bonus Incentive Commodity Export Program (BICEP), later renamed the Export Enhancement Program (EEP). There was speculation that the grain export

(Dave Bedard photo)

Cargill profit surges as lower grain prices spur demand

Reuters — Replenished grain supplies following a bumper North American harvest bolstered global commodities trader Cargill’s bottom line in its latest quarter as lower prices lifted demand for crops and padded margins on meat sales. Privately-held Cargill, based in Minnesota, reported net earnings of $784 million for the second quarter ended Nov. 30, up 41

one dollar banknote among wheat grains

Editorial: The cure for high grain prices is…

When you get right down to it, covering grain markets is kind of like sports reporting. Depending on your perspective, the outcome at the end of the day is either win, lose or tie. There’s only so many ways to describe that, just as there are only so many ways to describe why the market


grain spilling out of a burlap bag

Editorial: Wheat prices – a great big mess

Critics of the Canadian Wheat Board used to routinely point to published price quotes for U.S. Dark Northern Spring (DNS) wheat from the Pacific Northwest (PNW) and assume that was a benchmark price for all wheat sold in the world. If the board got less, it must have screwed up, said the critics. In fact