Canola futures closed higher on Friday and most active March posted a $9.20 per tonne or two percent gain on the week. Over the week, the weak Canadian dollar, commercial buying and rising soybeans and soy oil values supported canola. Gains were capped by expectation of a large South American soybean harvest and light farmer […] Read more
News
Canola posts weekly gain but lags soybeans
Diversified insecticides urged
However, an agronomist says seed treatments are better than foliar sprays
Using the same insecticidal seed treatment year after year isn’t “good product stewardship,” but it’s a better ecological choice than the alternative, says Greg Sekulic, a Canola Council of Canada agronomist. “As part of integrated pest management, it seems a little counter-intuitive that we’re applying seed treatment on so many acres,” said Sekulic, who is based […] Read more
Bags roll into Alberta wool collection site
Fibre comes in from depots across the province, as well as B.C. and Saskatchewan, for grading and shipping to Ontario
The wool comes in from all points on the compass, leaving flocks of sheared sheep in its wake. On this day, a truckload of wool from north-central Alberta is unloading while another semi-trailer sits on the street outside, waiting its turn in the dock. It is a busy time for Canadian Co-operative Wool Growers branch […] Read moreSouth American corn crop to be smaller than expected: Monsanto
One of the world’s largest seed companies thinks South America’s corn crop is going to be much smaller than the U.S. Department of Agriculture and some analysts are anticipating. “In Latin America, the corn acres were softer in (quarter) one than we originally anticipated with Argentina down an estimated 20 percent compared to last year […] Read more
Canola edges higher, corn and wheat fall
Canola futures edged higher for the fifth day on speculator buying and support from rising vegetable oil prices. Farmer selling limited the gains, but not a lot of product is being delivered as grain companies have widened their basis so the stronger futures is not reflected in the cash price. Soybeans, wheat and corn futures […] Read more
CME cattle sharply lower; hogs tumble near 2-year low
By Theopolis Waters CHICAGO, Jan 8 (Reuters) – Chicago Mercantile Exchange live cattle posted steep losses, and had fallen by its 3 cents per pound daily limit in electronic trading, led by fund liquidation that overshadowed initial fundamental support, traders said. Fund selling accelerated after February and April drifted below their respective 100-day moving averages […] Read more
Railways fined for missing shipping targets
Canada’s two largest grain companies have been fined for failing to meet weekly grain movement targets established by the federal government in 2014. Officials with Transport Canada confirmed today that Canadian National Railway and Canadian Pacific Railway have been fined for failing to move enough grain in Western Canada. Last year, between April and November, […] Read more
Are wetlands Mother Nature’s outhouse, or do they deserve more respect?
Nature plays a major role in one Saskatchewan village’s waste water management system. Vonda treats its waste water with two cells plus a man-made wetland, all of which are heavily populated with bulrushes and cattails, says mayor Dan Sembalerus. Sembalerus, who was born and raised in this small community northeast of Saskatoon, said he recalls […] Read more
Former Avena Foods CEO dies
The former chief executive officer of Avena Foods and well-known civil servant Maryellen Carlson has died. Carlson taught school before joining the federal civil service, working for Consumer and Corporate Affairs and then Agriculture Canada. In 1997, she moved to Saskatchewan Agriculture to head the industry development branch and eventually became assistant deputy minister. She […] Read more
Food ingredients work for AGT
AGT Food and Ingredients president credits turnaround to diversification
The move by a major pulse processor to diversify into the food ingredients business is paying off. Shares of AGT Food and Ingredients, the company formerly known as Alliance Grain Traders, were up 70 percent over a year ago as of early December. That is the best performance of the 11 North American food companies […] Read more
