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Crops, Machinery, Weather

Monsanto posts deeper Q4 loss, unveils acquisition

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Reading Time: 3 minutes Monsanto Co., the world’s largest seed company, reported a deeper quarterly loss on Wednesday as seed sales slipped, and announced the acquisition of a high-tech climate data firm it touted as a “transformational” growth engine. Investors initially appeared unimpressed with the $930 million purchase of Climate Corp and instead eyed Monsanto’s 2014 profit forecast and […] Read more
Crops, Weather

Pearce: Rains drench S. Ont. ahead of soy harvest

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Reading Time: 2 minutes The totals are in, the maps have been drawn, and they confirm what many farmers and residents across north Middlesex and much of Perth counties already suspected: it rained, a lot, on Friday (Sept. 20). How the deluge will ultimately affect growers about to harvest soybeans remains to be seen, but the intensity with which […] Read more
Livestock, Markets, Weather

Hog producers could see profitable winter

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Reading Time: 2 minutes A profitable summer for Canadian hog producers may extend into the fall and winter months, as the margin between hog prices and the cost of feed is seen to be very favourable. “Based on what we know today, we’re experiencing significantly higher prices than what we expected to at this time frame, and feed prices […] Read more
Crops, Markets, Weather

Manitoba edible beans looking good

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Reading Time: < 1 minute Manitoba’s edible bean harvest is about half finished, and the crop is in good shape overall. With solid prices and yields, farmers should see favourable returns going forward, although harvest pressure may limit the immediate upside. “The bean crops are looking good… yields are good overall,” said Tina Scott of Legumex Walker’s beans division at […] Read more
Crops, Markets, Weather

U.S. wheat firms on short-covering bounce

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Reading Time: 2 minutes U.S. wheat futures rose 1.1 per cent on Monday, supported by rising global demand as well as a round of short-covering, traders said. Corn futures edged higher on spillover strength from the wheat market but soybeans dipped amid hopes that some recent rain across key growing areas of the U.S. Midwest could boost final harvest […] Read more
Crops, Weather

Pearce: Concerns over neonics, bee health spur Ont. notice

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Reading Time: 2 minutes Every day, there’s another story, another study or another opinion expressed on what to do or who’s to blame in the issue surrounding the use of seed treatments in corn and soybeans, and the impact on bee health. It’s a contentious issue, one that has many on either side — and in between — frustrated […] Read more
Crops, Weather

Alta. harvest underway, good yields reported

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Reading Time: 2 minutes Harvest is underway throughout Alberta with some regions already reporting good yields, according to a crop specialist with the provincial Ag-Info Centre. “We don’t have reports from the Peace River, northwest and northeast regions, but in the south, we’ve had some pretty good reports of yields,” Neil Whatley said. “Field peas are a bit higher […] Read more
Crops, Markets, Weather

U.S. soybeans fall on technicals, harvest

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Reading Time: 3 minutes Chicago Board of Trade soybean futures fell for a third straight session on Tuesday on technical weakness and softening cash markets ahead of the U.S. harvest, traders said. Corn also eased reversing gains tied to government data indicating a smaller U.S. planted area than the current official estimate, while wheat held firm on short-covering. At […] Read more
Crops, Markets, Weather

CBOT soybeans fall two per cent as rain tempers worries

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Reading Time: 2 minutes U.S. soybeans fell two per cent on Monday for the second straight session as forecasts for more rain this week eased concerns about declining U.S. harvest prospects and offset a tighter-than-expected supply outlook from the government. Corn slipped on reports of big yields from the early U.S. harvest, adding to a sharp drop since last […] Read more

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