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Canola

Canola, Markets

Canola testing chart support

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Reading Time: < 1 minute CE Futures Canada canola contracts settled at their weakest levels in over a month on Oct. 29, and could be poised for further losses from a chart standpoint. The most active January contract settled at $471.20 per tonne on Oct. 29, which was below all of the major moving indicators and the weakest level for […] 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
Canola, Crops

Scorching heat delays India’s rapeseed sowing

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Reading Time: 2 minutes Mumbai / Reuters – Above-normal temperatures have delayed rapeseed sowing in India’s top producing region by more than a fortnight and restricted acreage expansion, even though prices are trading near record highs, industry officials said. The delays are helping support rapeseed prices and could force the world’s biggest edible oil importer to increase overseas purchases of […] Read more
(MonsantoStore.corpmerchandise.com)
Crops, Reuters

Monsanto to shut three R+D centres next year

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Reading Time: < 1 minute Chicago | Reuters –– Agrichemical company Monsanto plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said Monday, as it restructures operations to cut costs in a slumping agricultural commodity market. The centers are in Middleton, Wisconsin, and Mystic, Connecticut, both of which focus on seed […] Read more
(Photo courtesy DuPont Argentina)
Crops, Reuters

DuPont in talks with rivals about agribusiness

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Reading Time: 2 minutes Reuters — DuPont is talking to rivals about its agriculture business, interim CEO Edward Breen said Tuesday, less than a week after Dow Chemical announced a review of its farm chemicals and seeds unit. Falling crop prices and rising fertilizer output have triggered talk of consolidation among farm-focused companies. DuPont has been touted as a […] Read more
(Dave Bedard photo)
Livestock, Markets, Reuters

Tim Hortons owner profit beats Street on lower costs, new items

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Reading Time: 2 minutes Reuters — Restaurant Brands International, owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs. Most of Restaurant Brands outlets are in the U.S. and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as […] Read more
(Barry Wilmore photo courtesy NASA)
Crops, Markets

Global markets: U.S. Federal Reserve to meet this week

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Reading Time: < 1 minute CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more
Livestock, Markets, Reuters

Indonesia’s president says country intends to join TPP

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Reading Time: < 1 minute Washington | Reuters –– Indonesian President Joko Widodo, speaking after a meeting with U.S. President Barack Obama on Monday, said his country intends to join the Trans-Pacific Partnership trade deal the U.S. has forged with Canada and 10 other countries. “We are the largest economy in Southeast Asia,” Widodo said through a translator. “And Indonesia […] Read more
(Barry Wilmore photo courtesy NASA)
General, Markets

Global markets: WHO research

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Reading Time: < 1 minute CNS Canada — The following is a glance at the news moving markets globally. PROCESSED MEAT CAUSES CANCER, WHO SAYS — Eating processed meat can cause bowel cancer, the World Health Organization (WHO) said Monday. The WHO added processed meats, such as hot dogs and ham, to its group one list, which also includes items […] Read more
Both cattle and sheep are important to many farmers in New South Wales, Australia.
Crops, Guide Business, Livestock

Watching for rain in Australia

Warren Hobson’s reservoir is built to hold 18 feet of water. There’s one foot left

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Reading Time: 5 minutes The farmers were smiling. They were attending one of this country’s premier machinery expos in Gunnedah, New South Wales, and the weather forecast was calling for widespread rains across the region. In Australia, that is a reason enough to smile. Rain in this country is a precious and sometimes scarce commodity. Even a few millimetres […] Read more

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