GRAINS: Nearby soy rallies on low old-crop supply; MGEX wheat jumps — August 22, 2014

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Reuters — Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest. MGEX spring wheat futures touched a two-week high amid concerns about excessive rains hurting crops in key […]


Colorado voters to weigh in on GMO food labeling — August 22, 2014

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Reuters — Colorado voters in November will have their say on a proposition that would require labels on foods that contain genetically modified ingredients (GMOs). Proponents of GMO labeling initiatives, who say they have the right to know what is in their food, have been gaining steam in the U.S. Their wins have come despite […]


France forced to import wheat as rain hits crop quality — August 22, 2014

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Paris | Reuters — France’s rain-hit wheat crop has delivered the first shock of the 2014-15 season: the EU’s top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually poor-grade crop to meet contracts signed before the harvest. French exports exceed those of Britain and Lithuania on the world […]


Winnipeg gets drenched — August 22, 2014

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The City of ¬†Winnipeg and some areas around Brandon got most of the rainfall on the¬†Prairies on Thursday Aug, 21, but they would have been happy to share it — some WeatherFarm stations in Winnipeg showed almost 80 mm, most of which came from a violent thunderstorm which flooded roads and some buildings. To see […]


Big Rock Brewery founder Ed McNally, 89 — August 21, 2014

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The lawyer and farmer who founded Calgary’s Big Rock Brewery has died at age 89. Ed McNally, who founded what’s now Canada’s second largest Canadian-owned brewery in 1985, had retired as the company’s CEO in 2012, remaining its “chairman emeritus.” The cause of his death late Tuesday was not released. “Ed leaves behind a legacy […]


DuPont to shed Kocide fungicide business — August 21, 2014

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DuPont’s copper fungicide Kocide, used in Canada to manage diseases in bean, potato and assorted hort crops, is set to meet a new maker. DuPont Crop Protection announced Wednesday it will sell its global copper fungicide business — including its Kocide and ManKocide brands and trademarks and its Houston, Tex.-based copper fungicide plant — to […]


European quality issues support Prairie durum bids — August 21, 2014

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CNS Canada – Durum bids in Western Canada are showing strength relative to other wheat classes, with premiums for higher-quality supplies expected to remain in place or widen as the industry awaits Canada’s crop. Canada’s 2014-15 durum crop is estimated at 4.9 million tonnes by Statistics Canada, which compares with 6.5 million the previous year. […]


U.S. grains: Markets rebound from losses, contract low in soy — August 21, 2014

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Chicago | Reuters – U.S. grain futures edged higher on Thursday in a rebound from losses the previous session, with solid export sales helping to support the recovery. Soybeans settled mixed, after the new-crop contract matched a contract low set on Wednesday on expectations of bumper U.S. harvests. Expectations for massive U.S. crops continued to […]


StatsCan confirms small crops, but reaction subdued — August 21, 2014

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CNS Canada – Canada’s grain and oilseed production will be much smaller than the record crops of 2013-14, according to survey results Statistics Canada released Thursday — but a lack of reaction in futures markets was seen as a sign that the trade is already looking beyond the report. “All of the numbers came in […]


Russia eases some food bans to support own industry, Finland — August 20, 2014

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Moscow | Reuters – Russia’s government has eased some self-imposed bans on Western food, allowing imports of material that could be used to boost its own agricultural industry and softening the costs on some firms in neighbour Finland. Earlier this month, Russia banned all meat, fish, dairy, fruit and vegetable imports from the U.S., EU, […]