Privatization plan at AGT moves ahead

A special commitee of AGT Food and Ingredients Inc. has approved taking the publically traded company private. The deal is expected to go through in the first quarter of 2019 if two-thirds of investors approve. However, major investment groups have said in the past that they oppose the plan. The company announced Dec. 4 that […] Read more

The ICE Futures canola market has seen contracts become cheaper as of late, which could lead to an increase in demand. But the market is also still closely following the ongoing saga between China and the United States. | File photo

Cheaper canola could stir up export interest

The ICE Futures canola market has seen contracts become cheaper as of late, which could lead to an increase in demand. But the market is also still closely following the ongoing saga between China and the United States. “Everybody’s just waiting for some kind of news regarding China possibly purchasing U.S. beans. They are buying […] Read more

Canola not following soy’s strength

The ICE Futures canola platform closed mixed, failing to find strength from the soy complex. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all finished the day stronger. Reuters reported during the trading session that China made its first major United States soybean purchase in more than six months today. Chinese state-owned companies […] Read more


Canola drops, wheat mixed

The ICE Futures canola platform closed weaker, retreating from yesterday’s rally. Chicago Board of Trade (CBOT) soybean, oil and meal contracts all finished the day stronger. Soybeans found support from reports that China and the United States talked over the phone about trade. U.S. President Donald Trump also tweeted saying there had been “very productive […] Read more

Weak dollar supports canola

The ICE Futures canola platform finished the day stronger, supported by a weak Canadian dollar. Trading was choppy in the last few minutes before market close. The Canadian dollar fell below the 75 U.S. cents mark Monday, as tensions continue to rise over the arrest of Huawei Chief Financial Officer Meng Wanzhou last week. China […] Read more


There was 10,351 head ran through the provinces eight major auction marts for the week ended Dec. 7. This was down from the previous week where 11,227 head were sold. Auction volume has been decreasing over the past few weeks as the fall run wraps up. | File photo

Holiday slow season nears at MB auctions

As the fall run wraps up at Manitoba auction marts and volumes start to drop, any cattle that aren’t in top form are selling for discounts. “Guys are getting are a little fussier on the quality and the discounts for non-performing type cattle are getting a little steeper,” said Allan Munroe of Killarney Auction Mart. […] Read more

The grain that a farmer harvests can go east or west — there’s a bit of science that goes into deciding which one it will be.  |  Robin Booker photo

Who decides which direction grain moves?

Many variables play into how grain, shipping and railway companies determine which shipping route to take

Sometimes when you deliver grain to the elevator it’s shipped west and other times it’s shipped east. It may seem like it’s completely random but there’s a science to it that grain, shipping and railway companies do every day. This was the focus of a panel discussion entitled “Why does grain flow this way?” at […] Read more

Prairie feed grain market still flat as holidays near

The flat Western Canadian feed grain market will continue for the forseeable future, but there could be slight changes around the holidays and into the New Year. “The market has been relatively flat for several weeks now and my guess is it will continue to be that way into the New Year. You may see […] Read more


Reports out of India have reduced pulse acres being seeded due to dryness there this year, meaning the country may need to start importing pulses again. | File photo

Trade, weather top of mind for 2019 acres

As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said Marlene Boersch of […] Read more

AGT is a pulse and durum buyer, processor and exporter with locations around the world. The company has diversified in recent years by acquiring railways and increasing its food processing divisions. Recently the company also became part of the Arctic Gateway Group consortium which purchased the Port of Churchill and Hudson Bay Railroad. | Facebook/Arctic Gateway photo

AGT privatization one step closer

Saskatchewan-based AGT Food and Ingredients Inc. has reached definitive agreement for taking the publicly traded company private, according to a news release. If all conditions are met the deal is expected to go through in the first quarter of 2019. The company announced Dec. 4 that a buyer group comprised of AGT President and Chief […] Read more