Alberta Fund Leery Of Agricultural Bubble

The global commodity boom is driving prices for agricultural assets to near bubble levels and the best opportunities may be found in related investments, the head of one of Canada’s biggest pension funds warned. “I must get an agricultural play in my inbox once a day or once every couple of days and that’s usually

Cargill Calls For Orderly End To Orderly Marketing

The Canadian government should give the grain industry at least six months to adjust before ending the Canadian Wheat Board’s grain monopoly, the chief executive of Cargill’s Canadian subsidiary said May 11. A good time for the change, which would allow Western Canada’s farmers to sell their wheat and barley to anyone they choose instead


In Brief… – for May. 12, 2011

Viterra opens Montreal office:Canada’s biggest grain handler, Viterra Inc. has opened a marketing office in Montreal following a deal last month to run the grain terminal owned by Montreal Port Authority. The marketing office will increase Viterra’s ability to buy crops and sell them to buyers in Canada, the United States and Europe, the company

In Brief… – for Apr. 28, 2011

New president:Sinclair Harrison of Moosomin, Sask. has been elected president of the Hudson Bay Route Association (HBRA). Harrison, longtime president of the Farmer Rail Car Coalition and former president of the Saskatchewan Association of Rural Municipalities, was named to the position at a board of directors’ meeting in Virden following the HBRA’s 68th annual convention


Bunge Sees Record Canada Canola Area

Canadian farmers look to plant a record canola area of 19.5 million acres (7.9 million hectares) or more this spring, driven by expanding crush capacity and strong global demand, an official with Bunge Ltd. said on Feb. 28. The biggest wild card is high potential for serious spring flooding that could take much land out

Record Canola Plantings Predicted

Canola and all wheat will closely contest Canada’s spr ing acreage battle as farmers look to cash in on the highest prices in more than 2.5 years, Agriculture Canada’s first planting forecast of 2011 shows. Canola has consistently provided high returns to farmers, and Canada’s Agriculture Department sees them planting a record-large area after flooding


U.S. Drops ADM Canada Crusher From Restricted List

The U.S. Food and Drug Administration (FDA) has dropped Archer Daniels Midland’s canolacrushing plant in Windsor, Ontario from its list of plants that are under import restrictions due to salmonella concerns, easing measures that sharply cut Canadian shipments of the livestock feed to its biggest export market. The FDA removed the Windsor plant from its

In Brief… – for Oct. 21, 2010

Baltic stake:Viterra Inc. is opening a new marketing office in Kiev, Ukraine. “By establishing our company in key geographic areas such as Ukraine, we extend our ability to manage trade flows of food ingredients, freight activities and arbitrage opportunities, while managing price risk,” said Christian Joerg, vice-president and managing director, Europe.Net trade exports of wheat,


In Brief… – for Aug. 26, 2010

Correction:To vote in Canadian Wheat Board (CWB) elections you must be a producer (actual producer or interested party) of one of the seven major grains listed in the act. That has been the case since 1998 when the election of CWB directors was introduced. What ministerial orders changed in the 2006 and 2008 CWB elections

Bunge Plant Cleared Of Restrictions – for Jul. 29, 2010

The U. S. Food and Drug Administration has lifted restrictions against imports of Canadian canola meal from a Bunge Ltd. plant in Hamilton, Ontario, easing barriers that have sharply cut Canadian exports to the United States. The FDA had placed the Hamilton plant on its online list of plants on import-alert status due to concerns