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Cereals, News

CWB tries to bring clarity to new open markets

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Staff say the more grain it gets the closer it can get to providing the benefits of the soon-to-be-dismantled CWB

The tiny village of Somerset was shrouded in fog March 30, not unlike the outlook for Western Canada’s new open wheat and barley market. More than 80 farmers made their way through the morning mist to hear about the CWB’s new pricing options, which includes two pools and cash offerings. It was the last in
Cereals, Opinion

An independent view

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The Co-operator began an ambitious project a few months ago, setting out to tell the history behind the Canadian Grain Commission as it celebrates 100 years of service this month. One of the things we discovered early into the effort was that there is a lot of history to tell — the story of how
Cereals, Opinion

Foreign traders vying for piece of North American grain-handling sector

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The urgency to operate in the United States or Canada has grown because of increasing global demand for crops

For decades, the world’s leading grain traders like Cargill and Bunge enjoyed an unparalleled advantage: their smaller North American competitors lacked the flexibility and diversity of a global operation, and their foreign rivals lacked access to the biggest and most stable exporters in the world. That’s about to change. Large U.S. and Canadian grain companies
Cereals, Crops, News

Texas drought losses pegged at $7.6 billion

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college station, texas / Last year’s drought in Texas cost farmers and ranchers a record $7.62 billion, a newly released study says. “The $7.62-billion mark for 2011 is more than $3.5 billion higher than the 2006 drought loss estimates, which previously was the costliest drought on record,” said David Anderson, a livestock economist with Texas
Cereals, Crops, Grain Markets, News

IGC sees record maize crop in 2012-13

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Global maize production is projected to rise to a record 900 million tonnes in 2012-13, outstripping demand for the first time since the 2008-09 season, the International Grains Council said April 2. The IGC, in a monthly report, also cut its forecast for the global maize stocks at the end of the 2011-12 season following
Cereals, Crops, News, Weather

It’s early, but a good time to fertilize

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Field work was underway in some parts of Manitoba late last week as farmers began applying fertilizer applications during one of the earliest springs people can remember. But while extension officials urged farmers to take full advantage of the province’s exemption to rules limiting fertilizer applications until after April 10, they cautioned against putting seed
Cereals, Crops, News

Richardson International’s rise to share top grain spot

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The pending multibillion-dollar sale of Viterra demonstrates the value of patient capital and private ownership, says Richardson International president Curt Vossen. Last week publicly traded Viterra, Canada’s largest grain company, announced it was selling to the world’s No. 1 diversified commodities trader, Swiss-based Glencore, for $16.1 billion. But in a move believed aimed at getting
Cereals, Crops, News

The cross with ancient species is considered a first

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Reuters / Scientists in Australia have crossed a popular, commercial variety of wheat with an ancient species, producing a hardy, high-yielding plant that is tolerant of salty soil. The researchers, who published their work March 12 in the journal Nature Biotechnology, hope the new strain will help address food shortages in arid and semi-arid places

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