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Barley

(Photo courtesy Architect of the Capitol, VisitTheCapitol.gov)

White House may have to renegotiate on TPP, senator says

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Reading Time: 2 minutes Washington | Reuters –– A key U.S. senator said on Friday the Obama administration may have to renegotiate parts of a Pacific trade pact, heralding a tough battle to win support in Congress. The administration notified lawmakers Thursday it plans to sign the 12-nation Trans-Pacific Partnership, starting a countdown to a congressional vote that could […] Read more
(PortMetroVancouver.com)
Livestock, Markets, Reuters

Canada to review TPP pact, seek public input

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Reading Time: < 1 minute Ottawa | Reuters –– Canada’s new Liberal government will review a landmark Pacific trade deal negotiated by the outgoing Conservatives and wants public input on the accord, Trade Minister Chrystia Freeland said Thursday. Some Canadian dairy farmers and auto workers say their jobs could be threatened by the 12-nation Trans-Pacific Partnership, which seeks to cut […] Read more
(CPR.ca)
Crops, Machinery, Markets

Cereals North America: Communication key to improved grain transportation

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Reading Time: 2 minutes Winnipeg | CNS Canada –– Canada’s grain transportation system is running relatively smoothly for the time being, but there is still plenty of room for improvement — and better communication between participants is seen as a way to alleviate future bottlenecks. The 2013-14 crop year, with its logistical challenges and, eventually, federal government intervention, are […] Read more
(PortSeattle.org)
Crops, Weather

Cereals North America: Shift to La Nina may hurt yields

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Reading Time: 2 minutes Winnipeg | CNS Canada –– El Nino weather patterns are typically beneficial to North American grain yields, but cut into the production prospects of key Eastern Hemisphere demand markets, according to presenters at this week’s Cereals North America conference. However, an expected shift toward La Nina conditions by late 2016 could see North American grain yields […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: CME cattle futures fall third straight session

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures lost ground for a third consecutive session on Thursday, pressured by slack wholesale beef demand and preliminary cash price weakness, traders said. Spot December finished at 134.4 cents/lb., down 2.825 cents, and February 2.75 cents lower at 136.9 (all figures US$). On Thursday, packers in […] Read more
Crops, Markets

Feed: Hail storms hit southern Australia

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Reading Time: < 1 minute CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Thursday, Nov. 5. • The president of AgResource told delegates at a conference in Winnipeg this week that the world corn crop will be down by 36 million tonnes this season (2015-16) due to heat and dryness in […] Read more
Barley, Cereals, Corn, Markets

Feed Grains: IGC raises world grain production estimate

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Reading Time: < 1 minute By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 29. –  CBOT corn futures were higher on Thursday, with the December contract up four cents, at US$3.8000 per bushel, as solid weekly export demand provided some support. –  The International Grains Council […] Read more
(CN.ca)
Crops, Machinery, Markets

More grain revenue on less grain in CN’s Q3 ledger

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Reading Time: 2 minutes Lower grain traffic compared to last year’s record crop year hasn’t translated to lower third-quarter grain revenue for Canadian National Railway (CN). Montreal-based CN on Tuesday booked overall net income of $1.007 billion on $3.222 billion in gross revenue for its third quarter (Q3) ending Sept. 30, up from $853 million on $3.118 billion in […] Read more
Russian harvesting technology has advanced beyond that illustrated in this Soviet-era poster.
Barley, Crops, Spring Wheat, Winter Wheat

Black Sea in it for the long haul

The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor

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Reading Time: 3 minutes Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Live cattle futures lead feeder market higher

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Reading Time: 2 minutes Western Canadian feeder cattle prices continued to climb last week for the second week in a row, as feedlot buying interest absorbed larger available supplies. Calves over 600 lbs. and yearlings were $3-$6 above week-ago levels on average while calves under 600 lbs. traded $5-$10 higher. Weakness in the Canadian dollar enhanced demand from south […] Read more

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