Daily Network News

More News →

Canola

(Manitoba Co-operator file photo by Laura Rance)
Crops, Weather

Manitoba winter fertilizing ban back on

By
Reading Time: < 1 minute Snow’s arrival throughout Manitoba means no more extensions for the province’s farmers to apply winter fertilizer or manure. The province said Thursday its second extension, which was to run until the end of the day, has been rescinded, and the winter nutrient application ban is in place effective immediately, given “recent snowfall accumulations.” The winter […] Read more
(Syngenta.com)
Crops, Reuters

Syngenta ready to play role in sector shake-up

By
Reading Time: 2 minutes Frankfurt | Reuters — Syngenta and other major seeds and crop chemicals companies are intensively discussing tie-ups, the Financial Times quoted the Swiss firm’s chairman as saying Wednesday, adding to a chorus of voices predicting a sector shake-up. Conversations among the leading players in the industry are “extremely active,” the newspaper quoted Michel Demare as […] Read more
(CropScience.Bayer.ca)
Crops, Reuters

Ag chem division not for sale, Bayer says

By
Reading Time: < 1 minute Frankfurt | Reuters — German drugs and pesticide maker Bayer on Wednesday reaffirmed it would hold on to its crop chemicals business as talk of consolidation in the industry continued. Asked for a comment on remarks by Monsanto executives that the U.S. seeds giant was in internal discussions about tie-ups in the industry, a Bayer […] Read more
(Dave Bedard photo)
Crops, Reuters

Syngenta still among options for Monsanto takeover bids

By
Reading Time: 3 minutes St. Louis | Reuters — Monsanto executives are discussing whether the world’s largest seed company should acquire agrochemical rivals, including top pesticide maker Syngenta, Monsanto president Brett Begemann said Tuesday. “Everybody’s talking now. There’s multiple ways things can occur,” he said. Monsanto abandoned a $45 billion bid for Syngenta in August (all figures US$). Begemann […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Nearby canola trending lower

By
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the nearby January contract hitting its weakest levels in two months, but the more deferred positions seeing some relative strength as the intermonth spreads saw some adjustment. Traders increased their net short positions in the front month from about […] Read more
(NSCorp.com)
Crops, Machinery

Running rights on table in CP bid for Norfolk Southern

By
Reading Time: 2 minutes Canadian Pacific Railway (CP) says it hopes to unclog one of the most infamous rail traffic bottlenecks in the U.S. with a bid to buy railway Norfolk Southern. Confirming a recent news report on its plans, CP announced Tuesday it has sent an offer letter to Virginia-based NS. The Calgary company didn’t disclose any financial […] Read more
Crop duster over a canola field in Central Alberta, Canada
Crops, Guide Business

The great threat of 2015 facing farmers

Undeclared use of Clever and Manipulator could devastate our crop exports and bankrupt individual farms

By
Reading Time: 6 minutes It has been a trying year for many Prairie farmers. Late-spring frosts, drought, and then a wet fall created headaches for many growers. Unfortunately, an even bigger headache could overshadow these weather issues, resulting in economic losses for every Canadian producer. There is a very real possibility we will lose sales and maybe even important […] Read more
Average Pacific Ocean sea surface temperature (SST) anomalies, in degrees Celsius, for the week centred on Nov. 4. (CPC.ncep.noaa.gov)
Beef Cattle, Crops, Reuters, Weather

El Nino strengthening, to be among biggest on record: WMO

By
Reading Time: 2 minutes Geneva | Reuters — The El Nino weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the United Nations’ weather agency said Monday. The World Meteorological Organization (WMO) said this El Nino was already “strong […] Read more
(Manitoba Co-operator file photo by Laura Rance)
Crops, Machinery, Weather

Warm Prairie soils delay fertilizing ban, winter weights

By
Reading Time: < 1 minute Manitoba’s winter ban on nutrient application has been postponed, again, while Saskatchewan has postponed its move to winter weights on its highways, due to warmer-than-average soil temperatures. Manitoba’s water stewardship department announced Friday it will further extend its nutrient application window until midnight, Nov. 19. Variances to Manitoba’s winter fertilizing ban — which typically runs […] Read more
(Dave Bedard photo)
Beef Cattle, Crops, Markets, Reuters

Cargill said restructuring, cutting jobs

By
Reading Time: 2 minutes London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also closing offices, two of the […] Read more

Latest Market News

More Market News →