Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts have seen some large price swings over the past two weeks, but the bids in the countryside remain relatively favourable overall, according to an analyst. The May contract hit a nearby high of $530.50 per tonne on March 5 before dropping to a session low of $511.50 […] Read more
ICE weekly outlook: Canola bids ‘not too bad’
Governing the farm
On most farms, ‘governance’ sounds like the last thing you’d want to talk about if you hope to keep everyone happy. Steve Tomtene used to think so too, but is glad he changed his mind
Reading Time: 5 minutes Like many farms with added complementary enterprises like a trucking company or livestock barn or a seed business, Tomtene Seed Farm at Birch Hill, Sask., has developed systems to juggle all the moving parts. “Maintaining identification and producing seed products of quality merit takes a shift in thinking about the products, about production, about the […] Read more
China conditionally approves Bayer’s Monsanto deal
Reading Time: < 1 minute Beijing | Reuters — Bayer on Tuesday secured conditional approval from China’s commerce ministry for its planned acquisition of the world No. 1 seed company Monsanto, chalking up a victory in an onerous struggle to win over watchdogs across the globe. The ministry also ordered the German drug and crop chemicals maker to spin off […] Read more
The problem with problem weeds
Different regions, different crops and different species turn ‘control’ into ‘management’
Reading Time: 5 minutes It’s a message filled with contrasts. Weed management is simple yet complex. It’s all about improving your bottom line, but it adds a cost. And although it’s all about controlling all your weeds, it often gets judged on a single weed species. In spite of all the differences that come with farming in different regions, […] Read more
Asia-Pacific nations sign sweeping trade deal without U.S.
Reading Time: 4 minutes Santiago | Reuters — Eleven countries including Canada and Japan signed a landmark Asia-Pacific trade agreement without the U.S. on Thursday in what one minister called a powerful signal against protectionism and trade wars. The deal came as U.S. President Donald Trump vowed earlier in the day to press ahead with a plan to impose […] Read more
ICE weekly outlook: Canola backing away from resistance
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts appear to have finally run into some resistance after trending higher for all of February. While a return higher is possible, canola will take most of its direction going forward from what happens in outside markets. The May canola contract hit a three-month high of $531 per […] Read more
Smucker drops bid to buy Wesson Oil after U.S. objects
Reading Time: 2 minutes Washington | Reuters — J.M. Smucker Co. said on Tuesday it will abandon its plan to acquire Conagra Brands’ Wesson Oil brand after the U.S. Federal Trade Commission had moved to block the deal arguing it would likely lessen competition and violate anti-trust law. Mark Smucker, CEO of J.M. Smucker, said “it is not in […] Read more
Canola nearing chart resistance
Reading Time: < 1 minute CNS Canada — The ICE Futures Canada canola market remains in a steady uptrend from a chart standpoint, with the May contract posting gains Monday for the 11th straight session. However, the futures are getting very close to upper resistance. May canola settled Monday at $530.50 per tonne, after climbing by roughly $30 over the […] Read more
ICE weekly outlook: Canola looking cheap despite gains
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts may be on the rise, but the commodity is actually looking cheaper to end-users, which should keep values supported going forward. “Canola is getting pulled higher, it’s not going up on its own,” said Ken Ball of PI Financial in Winnipeg. Recent strength in Chicago Board of […] Read more
U.S. judge halts California plan for warnings on glyphosate
Reading Time: 2 minutes Chicago | Reuters — A federal judge has temporarily blocked California’s plans to require cancer warnings on products containing glyphosate, in a win for manufacturer Monsanto. U.S. District Judge William Shubb said the warnings would be misleading because glyphosate is not known to cause cancer, according to court documents filed on Monday in California. He […] Read more
A message from April Stewart, Country Guide's Associate Editor
