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Oats

(Dave Bedard photo)
Crops, Markets

StatsCan’s canola estimates taken with grain of salt

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Reading Time: 2 minutes CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more
(Dave Bedard photo)
Crops, Markets

Industry bracing for potentially large StatsCan crop estimates

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Reading Time: 2 minutes CNS Canada — Canadian farmers are sitting on large crops ahead of this year’s harvest, although just how large remains to be seen as industry participants await Statistics Canada’s first survey results of the crop year, set for release on Tuesday. Pre-report trade estimates on canola production range anywhere from 16 million to 20 million […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Crops, Oats

Oats face numerous pre-harvest question marks

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Reading Time: 2 minutes CNS Canada — Oat producers are playing the waiting game when it comes to one of the most important things for oat crops: quality. “There’s always a concern about quality and you never know where that is going to be until harvest,” said Art Enns, president of the Prairie Oat Growers Association at Morris in […] Read more
(Kelloggs.ca)
Crops, Reuters

Kellogg’s sales miss analysts’ estimates

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Reading Time: < 1 minute Reuters — Kellogg Co.’s quarterly sales dropped 6.6 per cent, missing analysts’ estimates, as demand slid further for its breakfast foods and snacks, which include Corn Flakes and Froot Loops. Kellogg also said a strong dollar was expected to hurt sales this year more than it had anticipated, mainly due to a sharp fall in […] Read more
Photo: Thinkstock
Cereals

New crop year reminders for western producers and industry

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Reading Time: < 1 minute The Canadian Grain Commission is reminding the grain industry and producers about grain grading changes that come into effect on August 1, 2016 in Western Canada. Primary and export grade determinant tables for the new Canada Northern Hard Red and Canada Western Special Purpose wheat classes take effect. Canada Western Feed, Canada Western General Purpose […] Read more
Crops, Markets, Oats, Weather

Chicago oats rally with Prairie rains, for now

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Reading Time: < 1 minute CNS Canada — Oat prices at the Chicago Board of Trade have advanced as rain soaks Canada’s crops, but one U.S. analyst doesn’t expect those gains to hold. Close to half of Canada’s seeded oat area is in Saskatchewan, Statistics Canada data shows, and some parts of the province have seen heavy rains and flooding. […] Read more
(Whitewave.com)
Crops, Reuters

Danone to buy U.S. organic foods group WhiteWave

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Reading Time: 2 minutes Paris | Reuters — France’s Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods in a deal worth US$12.5 billion, including some $2.1 billion of debt and “other” liabilities. The purchase will help the French company to pursue affluent consumers by adding WhiteWave’s popular […] Read more
Crops, Markets, Oats

Cash oats disconnect from falling futures

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Reading Time: 2 minutes CNS Canada — Oat futures at the Chicago Board of Trade may be trending lower, but any further losses in the futures will only cause basis levels in the Canadian countryside to widen further, as farmers are reluctant to sell below their targeted levels. The delivery specs against CBOT oats futures are not milling quality, […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Saudi Arabia boosts stake in G3 Canada

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Reading Time: 2 minutes Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more
Winnipeg has long been a centre of the Prairie grain trade, having hosted the headquarters of past and present grain handlers and traders and the Winnipeg Commodity Exchange (now ICE Futures Canada). (Canadian Wheat Board photo)
Crops, Markets, Reuters

China’s COFCO Agri hiring grain traders, opening Winnipeg office

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Reading Time: < 1 minute Winnipeg | Reuters –– Chinese state-owned agricultural trader COFCO Agri is opening a trading office in the Canadian grain hub of Winnipeg, adding to the aggressive expansion of its North American agriculture business. COFCO Agri is hiring three grain traders and an operations manager to expand export and domestic trading, according to the company’s postings […] Read more

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