A Saskatchewan-based seed company FP Genetics announced today that it will invest $1.5 million over the next 10 years in the Canadian Prairie Spring (CPS) wheat breeding program at the University of Saskatchewan’s Crop Development Centre. CPS wheat is a minor wheat class in Western Canada but some industry observers believe that its market share […] Read more
News
CPS wheat breeding program receives funding boost
Wheat harvest looking strong in Europe
LONDON, U.K. (Reuters) — The wheat harvest is making good progress in western Europe, with results so far indicating a larger-than-expected crop with quality generally satisfactory. In France, the European Union’s top producer, the latter stages of the harvest were confirming good results in northern regions and prompting further upgrades to crop estimates. Farm office […] Read more
Agency hikes Ukraine grain estimate
KIEV, Ukraine (Reuters) — Analyst UkrAgroConsult on Aug. 13 raised its forecast for Ukraine’s 2013 grain crop to 53.83 million tonnes from a previous estimate of 51.93 million due to a bigger harvest of corn and wheat. The harvest of wheat is likely to reach 20.69 million tonnes while corn output could total 23.6 million, […] Read more
Manitoba crops appear plentiful
Considering that germination was poor last fall and cold, snowy weather continued into April, Manitoba winter wheat growers are pleased with yields this summer. Combines have been out for several days in the eastern half of the province, particularly in the areas between Portage la Prairie and Winnipeg. So far, winter wheat growers are reporting […] Read more
MP quits to take over northern railway
Brandon-Souris MP Merv Tweed, chair of the House of Commons agriculture committee, is resigning to become Canadian president of Omnitrax that owns the Hudson Bay Railway. The Manitoba MP and former Brandon auto dealership owner also is a former chair of the Commons transport committee. Tweed, 58, was elected four times since 2004. He resigns […] Read more
Canola struggles, closes up slightly
It was almost as if Monday’s U.S. Department of Agriculture reports hadn’t happened. But some traders attributed the slight increases to soybean and canola futures today to the carry-over effects of USDA, since corn and wheat fell when the report was first released. “The report basically told traders they can’t sit on their hands any […] Read more
Triticale gaining foothold in Manitoba
LUNDAR, Man. — Clutching a handful of winter wheat stalks, Ray Bittner pointed to a field of winter triticale three meters away to make a point. At 1.2 metres high, the triticale was about 40 centimetres taller than the winter wheat in his hand. Which, he said, explains why it’s a superior crop for silage. […] Read more
Non traditional sales swells revenue at Alliance Grain
Increased purchases of pulses from India and Turkey during a non-traditional period have helped boost earnings at Alliance Grain Traders, says the president and CEO of Alliance Grain Trader. On Monday, the company announced revenue of $246.7 million for the second quarter of 2013 — a period ending in June — up 22 percent from […] Read more
COOL battles heat up in U.S. court
The battle over mandatory country of origin labelling is heating up as American attorneys filed a late motion Aug. 9 asking a U.S. District Court in Washington, D.C., to refuse to issue an order that would block implementation of COOL regulations. The judge set Aug. 27 to hear oral arguments on the motion to block […] Read more
USDA report pushes canola up
January canola futures tickled the $500 level following bullish soybean numbers released by the U.S. Department of Agriculture, but failed to break through. The over-$10 per tonne rise in both November and January contracts was, however, a welcome continuation of the recovery from $480-area levels that had put a pall on farmer prospects for the […] Read more