Four Saskatchewan farm groups are urging the Saskatchewan government to conduct a thorough risk assessment of Bunge's proposed $8.1 billion acquisition of Viterra. The leaders of the Agricultural Producers Association of Saskatchewan, SaskCanola, Sask Wheat, and SaskBarley have written a letter to Agriculture Minister David Marit calling for a review of the multinational grain handler... Read More
Category: Markets
Ontario-based Hensall Co-op has purchased Gentec Inc., a dry bean seed and research enterprise located in Idaho. The company says the acquisition is a strategic move that underscores its dedication to expanding Hensall C0-op's value-added product portfolio while diversifying its growing areas, and solidifying access to premium, high-quality seed offerings for its members and customers.... Read More
Three Ontario grain companies are teaming up they say to leverage the members' unique strengths to offer a more comprehensive approach, focusing on the principle of "farmers helping farmers." Great Lakes Grain, Bacres Grain Inc., and Wanstead Farmers Co-operative have joined forces in a strategic partnership aimed at providing enhanced services to the agricultural community... Read More
Futures prices for corn, soybeans, and wheat all dropped on Friday on the heels of bearish soybean supply numbers in the United States Department of Agriculture's (USDA) Sept. 29 Quarterly Stocks Report. Traders were paying close attention to old crop corn and soybean estimates, as a review of the balance sheet was completed. As expected,... Read More
Cash cattle prices have remained "amazingly flat" in recent months, says Anne Wasko of the Gateway Livestock Exchange. "We've had basically two months of an Alberta fed cattle market, where we've been between $231-$235 per hundred weight. So we're kind of done for trade up here for the week because of the holiday," she says... Read More
The outlook for oilseeds like canola and soybeans remains uncertain as harvest gets into full swing across North America, according to Tyler Schau of AgMarket.Net. For canola — which obviously has a much smaller footprint across North America — Schau notes there has been good production in some areas of Canada and North Dakota, though... Read More
Parliament is back in session, and that means it's time to fire up the political pundit machine! For RealAgriculture, that means the return of RealAg Politics. In this episode, hear from: Debra Conlon, Grain Farmers of Ontario, on Bill C-234, currently under consideration by the Senate ag and forestry committee, and an update on fertilizer... Read More
The slide in the wheat market following the highs in July has slowed down in September, but North American wheat futures continue to grind lower, with no clear bottom in sight. "There's not a lot of new stories out there that could spark the bullish movement [farmers] want to see," says Tyler Schau, hedging strategist... Read More
Canada's transport minister says Bunge's US$8.1 billion deal to acquire Viterra will face additional scrutiny to ensure fair competition at Canadian ports. In addition to the ongoing review by Canada's Competition Bureau, Transport Minister Pablo Rodriguez announced the proposed acquisition will be subject to a public interest assessment under the federal Transportation Act. "Given this... Read More
About 600,000 tonnes of Canadian red lentils and about 60,000 tonnes of green lentils head to India each year as a daily staple for thousands of India's citizens. It's an incredibly important export destination for Canadian pulses, and one that could be in jeopardy as tensions build between the two countries following Canada's accusation of... Read More