Reading Time: 2 minutes CNS Canada — Soybean futures on the Chicago Board of Trade were higher during the week ended Wednesday, with new-crop gains outpacing old-crop as traders worked to correct the spread between the two, participants said. Old-crop values found some support from continued worries about tight U.S. supplies, with all contracts lifted by signs of persistent […] Read more
U.S. weather to determine price direction for CBOT beans, corn
U.S. regulator set to approve Dow’s Enlist herbicide
Reading Time: 2 minutes Reuters — The U.S. Environmental Protection Agency said Wednesday it plans to grant approval to a new herbicide developed by Dow AgroSciences that is designed to be used with new genetically-engineered corn and soybeans and combat weed resistance. The U.S. approvals for Enlist Duo herbicide — and for Enlist corn and soybeans — would free […] Read more
Internal trade panel rips Que. limits on edible oil products
Reading Time: 3 minutes Quebec has been given until the end of the year to repeal provincial laws that have effectively banned sales in that province of edible oil dairy substitutes, such as some margarines and non-dairy creamers. The sections of Quebec’s Food Products Act and related regulations in question were shot down in a ruling Wednesday by a […] Read more
Bunge chief expects soy crushing margins in China to improve
Reading Time: 3 minutes Barcarena, Brazil | Reuters — Poor soy crushing margins in China that have led the country to default on soy purchases are short term and should improve in two to three months, Bunge Ltd.’s CEO says. Soren Schroder was in Brazil for Friday’s inauguration of Bunge’s new terminal in Barcarena on Brazil’s northern coast. The […] Read more
Pearce: Confusion remains surrounding new Fluency Agent
Reading Time: 2 minutes Many in the seed and seed treatment sectors hoped, as the 2013 growing season came to a close, that development of a new fluency agent would be the beginning of the end of controversy between beekeepers and the crops sector. At issue was the use of neonicotinoid-based insecticidal seed treatments and alleged ties to bee […] Read more
Ex-ag committee chief Paradis named Que. ag minister
Reading Time: 2 minutes A former agriculture critic for Quebec’s provincial Liberals and former chair of the assembly’s agriculture, fisheries and food committee is the province’s new agriculture minister. Announcing his cabinet Wednesday following the April 7 election [Related story], incoming Premier Philippe Couillard named Pierre Paradis, the MNA for the Monteregie riding of Brome-Missisquoi since 1980, as the […] Read more
Corn, soybeans seen expanding on Prairies
Reading Time: 2 minutes Winnipeg | CNS Canada — Corn and soybean acres have expanded in Western Canada in the last 10 years and should continue to do so, according to Monsanto Canada’s vice-president. “When we think about our corporate vision and the potential to deliver on 110-bushel-per-acre corn, 40 bu./ac. soybeans, and 52 bu./ac. of canola, we believe […] Read more
CBOT review: Corn underwhelms investors despite lower USDA projections
Reading Time: 2 minutes CNS Canada –– Chicago Board of Trade corn contracts saw some choppy activity during the week ended Wednesday, but finished with only small advances as the U.S. Department of Agriculture’s prediction, that corn stockpiles would be lower than expected, failed to impress traders. “I think we saw a lot of positioning in this market,” said […] Read more
Ontario’s ‘greener’ diesel mandate takes effect
Reading Time: 2 minutes Ontario’s plan to ease its way toward mandatory minimum biodiesel content of four per cent in regular diesel is underway, starting with a two per cent mandate as of April 1. As announced Thursday, and running until the end of 2015, all fuel suppliers will be required to ensure the diesel they place in the […] Read more
Specs book profits in soybeans, but trend still up overall
Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but profit-taking came forward to limit the advances. And while more speculative long liquidation is possible in the short-term, the longer-range trend remains pointed higher, according to an analyst. Soybeans had rallied in the lead up to […] Read more
A message from April Stewart, Country Guide's Associate Editor
