BUENOS AIRES (Reuters) — Argentina’s main state bank will deny credit to farmers who are holding onto soybeans as a hedge against inflation, a top official said on Friday, as the government cracks down on crop hoarding as part of a campaign to build up its dollar reserves. The grains-rich but cash-poor South American country […] Read more
News
Argentine state bank to cut off farmers who hoard soy – official
WP’s coverage of the Farm Forum Event, 2014
Agri-Trend’s Farm Forum event was held December 2nd to 4th at the TCU place in Saskatoon, Sask. You can watch video highlights from the show below. You can follow the activity on twitter with this widget for #FFE14. #FFE2014 Tweets Here are a collection of stories produced by The Western Producer reporters: Poor harvest in […] Read more
Russian exporters try to hurry wheat sales, fearing state imposed restrictions
MOSCOW, Dec 12 (Reuters) – Exporters of Russian wheat have cut prices to try to speed up sales abroad before the government possibly introduces curbs to replenish its own stocks and prevent rises in the domestic cost of bread, traders and analysts said on Friday. Russia’s grain exports are running at a record high, buoyed […] Read more
Feed barley market quiet, awaiting new year
Winnipeg – The feed barley market is in the middle of its seasonal slow-down. While demand should pick back up in the New Year, the prices might not have much room to the upside given the ample feed wheat supplies. “If you didn’t look at the calendar, you could still guess it was December,” said […] Read more
Oilseed glut should reignite global demand: Maguire
CHICAGO (Reuters) — Production of the world’s top oilseeds will exceed demand by the largest margin ever in 2014-15, helping to push year-end stocks above 100 million tonnes for the first time. The glut of major oilseeds, the input for protein meals and edible oils, has already driven oilseed prices to multi-year lows. It is […] Read more
Richardson plans to replace Manitoba grain elevator
WINNIPEG (Reuters) — Canadian grain handler Richardson International said on Thursday that it will build a new grain elevator in Dauphin, Manitoba, to replace its current facility. The new elevator will store 25,000 tonnes of grains and oilseeds, including storage at existing steel bins, and accommodate loading of 104 rail cars, the company said in […] Read more
Canola, wheat beat expectations
Statistics Canada report | Total production lower than 2013-14, better than expected
There wasn’t a collective yawn when Statistics Canada released its final crop estimate Dec. 5, but there may have been collective eye rolling. Instead of reacting negatively to Statistics Canada’s estimates that canola and wheat estimates were higher than previously estimated, the market took it all in stride. Statistics Canada pegged canola 1.5 million tonnes […] Read moreTraditional breeding boosted by genetics
Gene research | Better understanding of how plants work aids conventional breeding
PARIS, France (Reuters) — Advances in understanding the genetic makeup of plants could ultimately help produce more resilient, higher-yielding crops, says the head of French seed company Limagrain. Such a move ultimately has the potential to end the heated debate over genetic modification. Distrust of crops produced using GMOs has marginalized the technology in Europe, […] Read moreCorn crop production, consumption forecast higher
LONDON, U.K. (Reuters) — The International Grains Council has raised its forecast for the 2014-15 world corn crop by two million tonnes, reflecting an increase in China’s crop. However, it also raised its consumption forecast, resulting in only a one million tonne increase in year-end carryover stock estimates. Global corn production was ex-pected to total […] Read more
Burger chain wants more Canadian beef
No hormones, steroids | A & W says its campaign has enticed consumers back to eating burgers
MEDICINE HAT, Alta. — A & W does not use hamburger derived from cull cows. As well, it continues to buy some of the meat for its Canadian burgers from the United States and Australia. Queried by producers during a Dec. 3 Farming Smarter conference, A & W purchasing vice-president Trish Sahlstrom said the fast […] Read more
