By Sean Pratt PHOENIX, Arizona — Bryce Knorr kicked off the 2015 commodity classic on a cheery note talking about corn and soybean markets. “I have good news. I think there is hope for a rally,” said the senior grain market analyst with Farm Futures. There have been nine times in the past 20 years […] Read more
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Grain market analyst expects price rally
CCA rodeo finals move out of Agribition schedule
The show will go on at Canadian Western Agribition, but the cowboys at centre stage will be different. The Canadian Cowboys Association announced recently that it will be moving its rodeo finals to Swift Current in 2016, ending an 11-year run at the Regina livestock show. This year’s competition is still set for Regina, where […] Read more
More U.S. grain elevators accept GMO Syngenta corn banned by China
CHICAGO (Reuters) — The number of U.S. grain elevators, mills and feedlots that will buy a type of biotech corn banned by China has more than doubled since July, indicating growing domestic acceptance for a product seen as a potential risk to international trade. The number of locations accepting corn containing Syngenta AG’s Agrisure Duracade […] Read more
May canola up on Brazil truckers’ blockades
Most-traded May canola and other deferred contracts edged higher Thursday but March fell again. My guess is that the sharp drop in March yesterday and today is mostly related to the fact it is in the delivery period and not a fundamental issue. All the other canola contracts rose, regaining ground lost yesterday. Canola was […] Read more
Que. margarine ruling goes in Sask. favour
A recent ruling now allows Saskatchewan oilseed producers and processors to freely sell their products in Quebec. After a long battle, an appeal panel has upheld the Saskatchewan’s government’s successful challenge of the Quebec government’s restrictions against the production, sale and marketing of vegetable oil-based dairy products. Saskatchewan launched the trade last 2014. The final […] Read more
Profit-taking breaks CME hogs’ six-day win streak, cattle higher
By Theopolis Waters CHICAGO, Feb 26 (Reuters) – Chicago Mercantile Exchange lean hogs fell on Thursday for the first time in seven days, pressured by profit-taking on the eve of February’s final trading day, traders said. April futures closed 2.175 cents per pound lower at 67.150 cents, with May down 2.600 cents at 79.300 […] Read more
WP reporter wins award for grain transportation coverage
WP reporter Brian Cross had an excellent showing in the 2014 North American Agricultural Journalists’ awards, placing second in the “series” category. Cross received the award for his in-depth coverage of the grain transportation woes faced by the industry last year. Grain transportation, including the rail network that takes grain to ports, is one of […] Read more
Rodeo, Agribition to part ways
The Canadian Cowboys Association has ended its agreement with Canadian Western Agribition, the annual agricultural event held in Regina each November. The rodeo is still scheduled for November 2015, but a replacement will be necessary for 2016. The CCA announced it is moving to Swift Current, Sask.
Reducing consumer food waste could save $300 billion yearly by 2030
ROME (Thomson Reuters Foundation) — Reducing consumer food waste could save the global economy up to US $300 billion annually by 2030 as one third of all food produced worldwide ends up being discarded, a research group said on Thursday. Globally, the food wasted by consumers is worth $400 billion a year, and this could […] Read more
Bill C-18 receives royal assent; plant breeders’ rights changes now law
A federal bill that will overhaul plant breeders’ rights in Canada has received royal assent. Notice was given yesterday that the governor general had signed off on Bill C-18, the Agricultural Growth Act. Key to the new legislation is Canada’s Plant Breeders’ Rights Act, which brings the country’s regulations in line with UPOV 91 standards, […] Read more
