G3 Canada has a new chief executive officer. The grain company announced last week that Karl Gerrand, the company’s top executive since early 2015, is no longer with the company. Gerrand has been replaced by Don Chapman. “Karl and the board decided a change in leadership is appropriate at this time, as G3 continues to […] Read more
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G3 Canada has new CEO
Low pulse prices lead to marketing change for Prairie farmers
WINNIPEG (CNS Canada) – After years of Western Canadian farmers rushing to lock in pulse crop contracts during the spring, this year that hasn’t been the case. “Normally I would say that I’d have my plant booked to December and I don’t have a single thing booked this year. But does that mean we’re not […] Read more
USDA predicts tightening soybean stocks, but more wheat
Winnipeg (CNS Canada) – World soybean and corn ending stocks are expected to be tighter than earlier thought, while projected wheat stocks were raised in the latest World Agriculture Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). In a report released April 10 the USDA lowered its global soybean […] Read more
CBOT soybean market recovers after wild week
WINNIPEG (CNS Canada) – After a wild week where the Chicago Board of Trade (CBOT) soybean market plunged following China announcing tariffs on imports of United States soybeans, it has recovered. On April 5, China announced a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more
Negotiations still best tool in U.S.-China trade row – Perdue
(Reuters) – U.S. Agriculture Secretary Sonny Perdue on Wednesday said negotiations were the preferred method for easing trade tensions between China and the United States. “Our first goal is to negotiate ourselves out of the saber rattling that has occurred and to make sure that these market disruptions do not have a permanent impact,” Perdue […] Read more
Monsanto loses Indian legal battle over GM cotton patents
NEW DELHI (Reuters) – A court ruled on Wednesday that Monsanto cannot claim patents on its genetically modified (GM) cotton seeds in India, the Indian company that brought the case said. Citing an Indian law that excludes seeds from being patented, Nuziveedu Seeds Ltd (NSL) argued that the U.S. seeds company was not eligible to […] Read more
Canola chart points to bearish reversal
Winnipeg (CNS Canada) – After hitting a contract high on Monday, April 9, the ICE Futures Canada July canola contract subsequently turned decidedly lower to form a key reversal pattern from a chart perspective. July canola hit a high of C$539.50 per tonne on April 9, but settled right around where it started–near the lows […] Read more
Sask. budget forecasts $365 million deficit
Despite concern about tax hikes and extensive cuts, the Saskatchewan budget released today contained no huge moves one way or the other. There was no PST hike, as some expected, and there were no large cuts similar to those seen last year such as the closure of the Saskatchewan Transportation Co. Instead, Finance Minister Donna […] Read more
Bayer sells BASF seed, ok to buy Monsanto
Reuters – The U.S. Justice Department will allow German drug and pesticide group Bayer AG to acquire Monsanto Co in a US$62.5 billion deal, after the companies agreed to sell more assets to win antitrust approval, the Wall Street Journal reported https://on.wsj.com/2GKhEGh on Monday. Shares of Monsanto, the world’s biggest seed company, approached a four-year […] Read more
Proposed changes to Alta. cannabis laws see higher fines, restrictions on branding
As Alberta gears up to deal with the legalization of cannabis, it’s proposing higher fines for rule-breakers and tighter restrictions on branding, as well as potentially allowing small communities to sell the product differently. The proposals were outlined in new legislation tabled April 9. It states that Alberta won’t allow retail stores to brand themselves […] Read more
