Wheat Archives - Page 264 of 394 - Manitoba Co-operator

Canada’s Harper says Viterra bid not “primarily” foreign

March 29, 2012

reuters / Canadian Prime Minister Stephen Harper said March 25 that the structure of Glencore’s $6.1-billion deal to buy No. 1 Canadian grain handler Viterra means it should not necessarily be seen as a full foreign takeover. Harper’s comments come as the Canadian government and regulators begin reviewing the offer by Swiss-based Glencore, already the

Cereals, Crops, Grain Markets, News, Oilseeds

Old-crop canola contracts resist downward pressures

By Dwayne Klassen March 29, 2012

ICE Futures Canada canola contracts started the week ended March 23 strong, but finally ran into resistance to post their first weekly declines in nearly two months in the old-crop contracts. However, even the correction lower was short lived, as Friday saw the market attempt to retest those earlier highs. Overbought price sentiment and pent-up

Cereals, News

Big payday for Schmidt if Viterra sells

By Manitoba Co-operator Staff March 29, 2012

Viterra CEO Mayo Schmidt will earn millions of dollars if Glencore buys Viterra, according to the Globe and Mail. Citing security filings the Globe says Mayo Schmidt will be paid an estimated $37.5 million through “a combination of the value of his stock holdings and of the fully vested value of his outstanding options and

Cereals, Crops, News

Assessing winter wheat survival

By Allan Dawson March 29, 2012

There are a couple of ways to determine if winter wheat survived the winter, MAFRI says on its website. One is waiting until the soil and crowns warm up and root growth starts. That could take until mid-May. Another option is to extract several “sods” from the field and warm them inside. Keep the soil

Cereals, News

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

By Allan Dawson March 29, 2012

Most farm groups are giving the Viterra sale a thumbs up on the grain side of the transaction, but there’s concern about potentially less competition in farm input sales. Glencore is buying Viterra, but will sell 232 of Viterra’s 258 input stores in Canada and all 17 in Australia, along with 34 per cent of

Beef cattle, Cereals, News

Briefs, March 29, 2012

March 29, 2012

Safeway to stop buying “pink slime” beef filler washington / reuters Safeway, the No. 2 U.S. supermarket operator, will stop buying the ammonia-treated beef filler critics call “pink slime” because of widespread customer concern. The halt is a fresh blow to use of the ground beef filler, also known as lean, finely textured beef, which

Cereals, Crops, Grain Markets, News

IGC sees global maize deficit

By Nigel Hunt March 29, 2012

Reuters / World maize production should climb in 2012-13 but is likely to remain below consumption as demand for meat boosts feed use, International Grains Council senior economist Amy Reynolds said March 14. Reynolds, in a presentation at the Agra Europe outlook conference, put the 2012-13 global maize crop at 880 million tonnes, up from

Cereals, Crops, News

Too soon to give up on winter wheat

By Daniel Winters March 24, 2012

The Prairie winter wheat crop may have been left looking a bit worse for wear due to unusually low snowfall cover, but there’s still life lurking below those browned-off stalks. That’s because it takes more than just a tap on the head to kill winter wheat, said Outlook, Sask.-area farmer Dale Hicks, who is also

Cereals, Crops, Grain Markets, News

New ICE wheat contract will struggle

By Allan Dawson March 23, 2012

The outlook for the new ICE Future Canada’s wheat futures market isn’t great, according to Neil Townsend, the Canadian Wheat Board’s North American market analyst. The long-running spring wheat futures market in Minneapolis didn’t get enough business before the Winnipeg market launched in January, he said. As a result, Minneapolis wasn’t “liquid” enough — a

Cereals, Crops, Grain Markets, Oilseeds

Rising canola futures find point of resistance

By Dwayne Klassen March 23, 2012

Canola futures on the ICE Futures Canada trading platform moved higher during the week ended March 16. Concerns about the record pace of usage and the resulting depletion of old-crop canola stocks stimulated some of the upward price action. Chart-related speculative fund buying interest also contributed to the price advances. Much of that buying was

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

Tag Archives Wheat