Alberta’s Wildrose and Progressive Conservative parties have inked plans to form one party, at this point called the United Conservative Party with the goal of defeating the NDP government in the next provincial election. At a news conference yesterday, Wildrose leader Brian Jean and Progressive Conservative leader Jason Kenney signed an agreement in principal to […] Read more
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Pet food company building new plant in Alta.
Champion Petfoods announced plans May 16 to build a new manufacturing plant in Parkland County west of Edmonton. The Alberta company manufactures the Acana and Orijen brands of dog and cat food and will expand its capacity to produce kibble, freeze-dried food and pet treats in custom-fitted 400,000 sq. foot kitchens at the new plant. […] Read more
Farmers on Trump’s NAFTA radar
(Reuters) – The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he triggered a 90-day […] Read more
U.S. expects NAFTA talks in mid-August
WASHINGTON, May 18 (Reuters) – The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he […] Read more
LIVESTOCK-Cattle rebound on technical buying, lower carcass weights
CHICAGO, May 18 (Reuters) – U.S. cattle futures climbed on Thursday, rising on technical buying and lower animal weights that suggested feedlots were aggressively marketing cattle to meet strong beef packer demand, traders and analysts said. Both Chicago Mercantile Exchange live and feeder cattle futures were technically oversold after steep losses during the past two […] Read more
Oilseeds fall Thursday on Brazil currency devaluation
Sharply lower soybean futures dragged down other crop futures on Thursday, including canola. Soybeans were hit by a surprize plunge in the value of Brazil’s currency, sparked by new allegations that Brazilian President Michel Temer condoned bribes to silence a witness in a corruption probe. The scandal throws Temer’s presidency into turmoil, raising doubt that […] Read more
Sask seeding posts variable progress
Winnipeg, May 18 (CNS Canada) – Good seeding progress was reported across much of Saskatchewan during the week ended May 15, with 30 percent of the 2017 crop now planted, according to the latest weekly report from Saskatchewan Agriculture. The provincial seeding pace compares with the five-year average for this time of year of 33 […] Read more
Oilseed futures slammed by Brazil currency plunge
July soybeans are down more than 27 cents a bushel or more than 2.5 percent and July canola is down $4.50 a tonne or 0.85 percent following a currency move that makes Brazilian soybeans more competitive on the world market. Brazil’s currency, the real, plunged six percent after reports that Brazilian President Michel Temer gave […] Read more
July canola edges higher as cool weather hampers seeding
Old crop canola edged higher while new crop barely changed on Wednesday. Wheat regained some of the ground lost in the previous two days. A sale of U.S. wheat to Egypt supported wheat, as did concern about crop quality damage from forecasted heavy rain in the southern Plains in coming days. Corn followed wheat higher. […] Read more
Manitoba spring seeding roughly half done
WINNIPEG — Spring seeding is 50 to 60 per cent complete across Manitoba, according to the latest report from Manitoba Agriculture, with relatively warm and dry conditions during the week ended May 15 helping producers make good progress in most areas. Planting progress is most advanced in central Manitoba, while the western part of the […] Read more
