SORRISO, Brazil, Aug 17 (Reuters) – At a warehouse in the heart of Brazil’s agriculture sector, farmer Rafael Bilibio watches truck after truck line up to unload corn onto the ground outside the huge storage bins. His own corn, ready for unloading from a 50-tonne truck that has just pulled in, is destined to join […] Read more
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Brazil farmers run out of space as bumper crops pile up
Many farmers should find reason to cheer harvest weather forecast
WINNIPEG, Aug. 15 – Farmers on the Canadian Prairies can expect decent weather for this harvest season, according to Drew Lerner, meteorologist and founder of WorldWeather Inc. He said most farmers will experience periodic showers but shouldn’t be subjected to the continual drizzles and sheets of rain that caused heartaches last year. “Most of the […] Read more
Corn soybean futures struggle under heavy supplies
WINNIPEG, Aug. 16 (CNS) – Corn and soybean traders continue to assess the fallout from last week’s world supply and demand report from the United States Department of Agriculture. The monthly report stunned analysts with predictions for U.S. corn yields at 169.5 bushels per acre and soybean yields of 49.4 bu./acre. “That just destroyed the […] Read more
If it ain’t broke, don’t fix it: Pork sector
WINNIPEG, Aug. 17 – As talks begin toward reworking the North American Free Trade Agreement, John Ross of the Canadian Pork Council, repeats what many in the pork and beef industries in Canada and the United States have been saying all along: First, do no harm. “The worst thing that could happen to us was […] Read more
Deere shares reap bounty as quarterly test looms
Deere & Co but a more plentiful bounty may rest on further improvement in the farm equipment maker’s performance. Even in a strong year for machinery stocks, Deere shares stand out. They have climbed 22 percent in 2017 against a 14.5 percent rise for the S&P 500 machinery industry index . Deere’s cost controls have […] Read more
Mousse cakes recalled
A variety of mousse cakes first subject to recall Aug. 11 due to risk of norovirus now are the focus of an expanded recall to include a wider variety of products. The Canadian Food Inspection Agency updated its food recall warning yesterday for several types of raspberry mousse cakes distributed across Western Canada and possibly […] Read more
ICE Canada canola futures slide for fifth straight day
WINNIPEG (Reuters) — ICE Canada canola futures slipped on Wednesday for a fifth straight session, pressured by a stronger Canadian dollar. Dry conditions in Western Canada modestly underpinned canola, but buyers have been content to wait and see how the crop turns out, a trader said. November canola lost $1.60 to $492.70 per tonne, touching […] Read more
ICE Canada canola futures fall as U.S. rains pressure oilseeds
WINNIPEG (Reuters) — ICE Canada canola futures dropped on Tuesday, dragged lower by rains that were favorable to the U.S. soybean crop. Canola’s losses were more modest than those of soybeans for much of the session due to concerns about low yields in the western Canadian canola crop, but finished with similar declines, a trader […] Read more
New bee study points finger at neonicotinoid
WINNIPEG, Aug. 15 – A commonly used neonicotinoid pesticide is being blamed in a new report for increasing bumblebee’s risk of extinction. Ontario researcher Nigel Raine, at the University of Guelph, said thiamethoxam can reduce the chances of bumblebee queens starting new colonies by about 25 per cent. The results of the study were published […] Read more
ICE Canada canola futures fall to 10-day low
WINNIPEG (Reuters) — ICE Canada canola futures slid on Monday to a 10-day low, pressured by outlooks for favourable U.S. weather in soybean growing areas. Canola was underpinned by concerns about dry weather curbing yields in Western Canada. November canola lost $4.80 to $502.10 per tonne. The November-January canola spread traded 870 times. Chicago Board […] Read more
