CHICAGO, Aug 26 (Reuters) – New-crop U.S. soybean futures soared to an 11-month high on Monday and corn touched a one-month peak as hot, dry weather threatened to cut output in parts of the U.S. Midwest. Wheat jumped to its highest level in more than two weeks, buoyed by the gains in corn and soybean […] Read more
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Soy, corn, wheat soar on U.S. weather worries
Jack Daniel’s Toasts Rising Demand With New Distillery
(Reuters) — The makers of Jack Daniel’s whiskey will spend more than $100 million to increase production to sate the growing thirst for the world-famous Tennessee whiskey. Jack Daniel’s maker Brown-Forman Corp. will build a new distillery, adding stills, barrel warehouses and related infrastructure, to boost production at its Lynchburg, Tennessee, factory, the oldest registered […] Read more
Q&A: Animal Welfare Consultant Grandin On Zilmax, Beta-Agonists
(Reuters) — Merck & Co. recruited Temple Grandin, an advocate for the humane treatment of livestock, to be on a board that will consult on the company’s Zilmax feed additive, which has been temporarily taken off the U.S. and Canadian markets following animal welfare concerns. Grandin, who frequently works for the meat industry, said she […] Read more
CME Seen Trying To Buy Paris Contracts To Complete Grains Suite
LONDON (Reuters) — Exchange CME Group is expected to try and buy Europe’s leading wheat futures contract from rival Intercontinental Exchange (ICE), a move that would solidify its dominance of world grain trading. Analysts say regulatory obstacles to the acquisition would be less likely to arise after the European Commission gave unconditional approval to ICE’s […] Read more
Maple Leaf sells rendering business
Maple Leaf Foods is selling off its meat rendering and biodiesel business to pay down debt and invest in its prepared meat business. The company announced today that it has sold Rothsay to Darling International, a rendering and food recycling company in Texas, for $645 million. “The sale of our rendering and biodiesel business supports […] Read more
Open Farm Days planned for Alberta this weekend
Alberta farmers and ranchers are inviting everyone to take a peek at their business this weekend in Alberta’s first Open Farm Days. On Saturday, chefs and local producers team up to create farm-to-plate meals. Details and tickets for the chef events are at albertafarmdays.com. On Sunday, more than 40 farms will open their doors to […] Read more
Early harvest operations reported in Man., Alta. in latest crop report
Manitoba Warm temperatures have improved crop development across the province and helped growers in central and eastern parts of the province, where harvest of spring wheat, oats and barley has begun. Southwest Some preharvest desiccation work has started on crops. Canola, corn and soybean development has been helped by warm weather. Disease pressure from fusarium […] Read more
CIGI urges caution when changing variety registration
The top executive at the Canadian International Grains Institute says Canada’s grain industry must ensure than any changes made to the existing variety registration system do not have a negative impact on grain quality. “Canada’s grain industry built its reputation on quality … and one of the underpinnings of that is the variety registration system,” […] Read more
Liberals get new ag critic in caucus shuffle
Federal Liberal leader Justin Trudeau has shaken up his parliamentary caucus, shuffling many of his seasoned agricultural veterans to non-related jobs. Frank Valeriote, agriculture critic since 2011, is being replaced by veteran Nova Scotia MP and former farmer Mark Eyking, who once served as parliamentary secretary to agriculture minister Bob Speller. Valeriote becomes deputy whip […] Read more
Farmers Lobby Sees Larger German 2013 Wheat, Rapeseed Crops
HAMBURG (Reuters) — Germany will harvest 23.9 million tonnes of winter wheat in 2013, up from the 22.38 million tonnes harvested in 2012, the German Farmers Association DBV said on Thursday in its harvest estimate. The association forecast Germany’s 2013 rapeseed crop will rise to 5.6 million tonnes from the weather-reduced 4.80 million tonnes in […] Read more
