WINNIPEG (Reuters) – At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. The annual Canadian beef buffet reception attracted 126 people, up sharply from the usual 30 to 40. A trade deal among Pacific nations […] Read more
Stories by Rod Nickel
Canadian canola area narrows, wheat sowings expand from last year
June 29 – Canadian farmers planted less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. Statscan’s spring planting […] Read more
DowDuPont bets on canola in race to boost plant proteins
WINNIPEG, Manitoba (Reuters) – Production of Canada’s biggest crop, canola, has expanded rapidly in recent years amid strong demand for the vegetable oil it produces. But the other processed canola product, meal, takes a backseat to U.S. soymeal to feed certain livestock, due to a reduced protein level. Seed developer DowDuPont Inc hopes to change […] Read more
Brazil’s bartering farmers raise risks for Canada’s Nutrien
WINNIPEG, Manitoba/SAO PAULO (Reuters) – Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien Ltd. plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country. But business in Brazil’s farm sector – […] Read more
Battle of the beans
WINNIPEG/CHICAGO — Monsanto is facing major threats to its historic dominance of seed and herbicide technology for the $40 billion U.S. soybean market. Rivals BASF and DowDuPont are preparing to push their own varieties of genetically modified soybeans. At stake is control over seed supply for the next generation of farmers producing the most valuable […] Read more
Statistics Canada sees surprisingly big canola, wheat harvests
WINNIPEG, Manitoba/OTTAWA, Dec 6 – Canadian farmers harvested larger crops than expected this autumn, reaping record-large canola output and surprisingly big wheat and durum crops, a Statistics Canada report showed on Wednesday. Dry weather in some areas in the summer and a late harvest in Western Canada made the size of crops in the world’s […] Read more
Potash Corp 3rd-qtr profit disappoints ahead of merger, shares slip
Oct 26 (Reuters) – Canada’s Potash Corp of Saskatchewan set to merge with rival Agrium Inc to withstand a fertilizer slump, reported a smaller-than-expected quarterly profit on Thursday, and narrowed its full-year forecast, pressuring its stock. Prices of crop nutrient potash have leveled off this year after hitting eight-year lows late last year due to […] Read more
Soggy forecast worries Canadian farmers in race to sow crops
WINNIPEG, Manitoba, May 23 (Reuters) – Heavy rain forecast for the soggiest parts of the Canadian Prairies this week is likely to further delay plantings in the world’s biggest canola exporting country, meteorologists say. The rain, forecast to hit Alberta and Saskatchewan on Wednesday and Thursday respectively, would be the latest blow to farmers who […] Read more
U.S. farm groups pile on Canada as Trump eyes trade fairness
By Rod Nickel WINNIPEG, Manitoba, May 4 (Reuters) – U.S. President Donald Trump’s criticism of the protected Canadian dairy system has emboldened American farm groups to tackle other longstanding agriculture irritants, as the countries move toward rewriting trade rules. U.S. poultry exporters, who include Tyson Foods Inc and Pilgrims Pride Corp, as well as egg […] Read more
ICE Canada canola futures dip on profit-taking, later contracts rise
WINNIPEG, Manitoba, April 25 (Reuters) – ICE Canada canola futures mostly fell on Tuesday as investors booked profits, but deferred contracts representing the next harvest edged higher on fears of planting delays. The most-active contract gained about 10 percent in the three-week period ending on Monday, and investors were locking in profits by selling, a […] Read more
