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Canola

Cleavers, in seedling form. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Cleavers not threatening exports, Canola Council says

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Reading Time: 2 minutes CNS Canada — Suggestions that canola shipments to China could be in jeopardy because of concerns over herbicide-resistant weeds are being refuted by the Canola Council of Canada. Great Northern Growers Inc., an agriculture service business in Saskatoon that sells herbicides and other products, said it has heard China doesn’t want pesticide-resistant weeds coming into […] Read more
(WeatherFarm.com/weather-maps)
Crops, Weather

Timing of rain ‘ideal’ for Prairie crops

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Reading Time: < 1 minute CNS Canada — Well timed weekend rains across Western Canada have benefited germinating canola crops and soil conditions — but some areas could use more moisture, one weather and crop specialist says. “In terms of the timing of the rains, they’ve been pretty well ideal,” said Bruce Burnett of G3 Canada. Showers over the week […] Read more
(SunOpta.com)
Crops, Reuters

Hedge fund urges organics firm SunOpta to sell itself

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Reading Time: 2 minutes Reuters — Hedge fund Tourbillon Capital Partners is urging Canadian organic food firm SunOpta Inc. to sell itself to a bigger rival, according to a letter sent to the company on Friday. Mississauga, Ont.-based SunOpta’s share price jumped 26 per cent after the US$4 billion hedge fund asked it to hire an investment bank to […] Read more
(Dave Bedard photo)
Crops

Saskatchewan names new deputy ag minister

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Reading Time: < 1 minute A promotion for Saskatchewan’s deputy minister of agriculture leads to a promotion for one of the ministry’s assistant deputies. Doug Moen, who’s leaving his post as deputy minister to Premier Brad Wall at the end of June, on Friday announced Rick Burton as the province’s new deputy minister of agriculture, effective July 1. As the […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Canola crush margins at best levels of year

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Reading Time: < 1 minute CNS Canada — Canola crush margins have improved considerably over the past few weeks, to sit at some of their best levels of the past year. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing canola, with exchange rates also factoring into the equation. As […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola looks set to stay above $500

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Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts don’t appear to be in much danger of falling below the $500 per tonne level anytime soon. Both front-month contracts spent much of the week ended Wednesday hanging around the $520 mark. Surging action from the U.S. soy complex has kept canola supported, even on days when […] Read more
(Bayer.com)
Crops, Reuters

Monsanto rejects Bayer bid

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Reading Time: 2 minutes Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals group, as per Bayer’s proposal […] Read more
(Dave Bedard photo)
Crops, Reuters

Bayer confirms US$62 billion cash offer for Monsanto

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Reading Time: 2 minutes Frankfurt | Reuters –– German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto for US$122 per share in cash, or a total value of $62 billion including debt, to create the world’s biggest agricultural supplier. Bayer said on Monday that the proposal made to Monsanto’s […] Read more
Boundary Loading Group’s producer car loading facility at Darlingford, Man., about 20 km west of Morden, loads 120-130 producer cars per year. (Manitoba Co-operator photo by Allan Dawson)
Crops

Window open wider for comment on CGC licensing moves

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Reading Time: 2 minutes Facing “requests from stakeholders,” the Canadian Grain Commission has granted them a 12-week extension on its deadline for comments on plans to license feed mills, producer car loading sites and grain agents. The deadline, previously June 3, is now Aug. 31, the commission said in a release Friday. Input is being sought from producer railway […] Read more
(LDCom.com)
Crops, Reuters

Ex-Dreyfus CEO leaves board in latest shakeup

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Reading Time: 2 minutes Paris | Reuters — Global agricultural trader Louis Dreyfus Co. announced board changes on Thursday in which former CEO Serge Schoen will leave the group, another step in a leadership shakeup under main shareholder Margarita Louis-Dreyfus. Schoen oversaw rapid growth at the trading house as CEO between 2005 and 2013. Last year, Louis Dreyfus promoted […] Read more

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