Seeds Are Sown For Rally In Agricultural Stocks

Agricultural stocks could outperform the broad Canadian market in coming weeks as bearish crop forecasts and low grain inventories keep prices at record highs and spur increased fertilizer demand. Even with strong grain prices and a surge in crop nutrient prices, shares of Potash Corp., Agrium Inc. and Viterra have had a dismal run over

New Soybeans On Tap For 2012

It wasn t the first day of school, but several dozen soybean and corn producers piled into buses early this September to examine new offerings at Marc Hutlet Seeds Inc. Moving forward in the spring of 2012, our (soybean) lineup will be revamped to include the Y-Series, three to be specific, Y61, Y71 and Y81,


Feast Of Protein In U.S. Spring Wheat Harvest

North Dakota wheat farmer Terry Weckerly applied extra fertilizer to his wheat this summer to coax more protein out of the crop. Flour mills and grain elevators were paying near-record premiums for high-protein wheat and he wanted a slice of it. The fertilizer worked too well. Weckerly and other farmers are harvesting a crop with

In Brief… – for Sep. 8, 2011

Get on the list:Door-to-door enumeration for the October 4 provincial general election is complete, but voters who were not home when the enumerator called can still have their names added to the voters’ list, Elections Manitoba says in a release. Prospective voters can contact their returning office to arrange for an election official to visit


Small Crop Offers Good Return

Last year was one of the toughest years farmers can remember, plagued with drowned-out seeding, weather-induced quality demotions, and sluggish rail service. But the prices for the 2010 crop made it worth the hassle. “At the end of the day we will see one of the highest overall returns in history, including the second-highest wheat

Dry Iraq Tries New Drought Resistant Grains

Iraq this year plans to start sowing a new generation of grain seeds it hopes will be more resistant to drought and soil salinity and could help bolster its wheat crop in a couple of years, an agriculture official said. The Iraqi government’s meteorological department last week said it expected three years of drought, and


India Out Of Space To Store Bumper Crops

India aims to raise grains warehousing capacity about 10 per cent by March 2012, as it tries to ensure its record 65 million tonnes of stocks do not rot. Warehouses in India, the world’s second- biggest rice and wheat producer, are overflowing after five bumper harvests and some grains are stored under tarpaulin, risking decay.

Black Sea Supplies Weigh On Wheat Prices

Australian wheat prices are likely to come under pressure due to supplies from the Black Sea region, while domestic farmers are holding back new-crop sales, hoping for better prices, industry players said on July 27. The new-crop Australian prime wheat is quoted at around A$255 a tonne on the east coast and A$268 on the


Brazil Brings Farming Muscle To Corn And Cotton

After transforming global agriculture by quintupling their soybean production since 1980, Brazilian farmers are now on the brink of crop breakthroughs in cotton and corn, long dominated by growers in America. Helped by high futures prices and a sustained local agricultural boom, cotton and corn acreage is spreading fast, despite being twice as capital intensive

Emerging Fast-Food Nation Indonesia Props Up Wheat Market

Indonesia will be crowned top Asian wheat importer this year, as higher incomes turn Southeast Asia’s largest economy into a fast-food nation and help to keep global prices on the boil. As affluent Indonesians turn away from rice, their country is vying with Japan to be Asia’s leading wheat buyer, while the latter battles economic