New Holland farm implement engine bay

New Holland updates the Speedrower for 2015

Uprated Tier 4B engines 
offer improved fuel economy and more horsepower

In July of 2013 New Holland introduced the Speedrower line of self-propelled windrowers, which offered one of the fastest road travel speeds in the industry, even without reversing the direction of travel for high-speed stability. For the 2015 model year, Speedrowers get a few updates, most notably new Tier 4B engines offering more power. There […]

Market analyst warns soybeans could hit $7.00 — October 31, 2014

Commodity News Service Canada – A surge in soybean values at a time when supplies are at a record level shouldn’t be mistaken for a breakdown in fundamental factors affecting supply and demand, according to the chief economist for AgResource. “The soybean market has gone up 12 to 13 per cent in the last 30 […]

Concerns for low protein in U.S. soybeans — October 31, 2014

Reuters  – Crop watchers have raised concerns that the massive harvest of soybeans in the United States may not contain enough protein for optimal soymeal production, forcing processors to scramble to find supplies suitable for crushing. A protein shortfall, stemming from a rainy spring and dry conditions as crops neared maturity, could add to the tightness […]

U.S. and S. American farmers slow to sell — October 31, 2014

Reuters — The slow pace of crop sales by farmers that has hurt two of the world’s biggest grain traders will likely stretch into next year, the head of Bunge Ltd said on Thursday. The forecast for sluggish sales from Chief Executive Officer Soren Schroder may mean that Bunge and agribusiness rivals, including Archer Daniels […]

Winter wheat seeding ‘perfect’ in EU — October 31, 2014

Commodity News Service Canada — Winter wheat planting conditions have been “perfect” in many areas of the Europe Union this fall, Leo Plaisier, partner at Agribrokers International said during a presentation at the Cereals of North America conference in Winnipeg. He added that acreage in the European Union is expected to increase slightly from last […]

Varied Prairie rainfall pattern continues — October 31, 2014

This map of the percentage of normal rainfall since Aug. 1 shows how the varied pattern of across the Prairies has continued, with average amounts in the west and in a band through the middle, but with some areas of the south above normal and below normal in the north. For real-time time temperature, wind and rainfall […]

Asia buyers face problems post-wheat board — October 30, 2014

Commodity News Service Canada — Before the 2012/13crop year, when the Canadian Wheat Board was stripped of its monopoly to market western Canadian wheat, some Asian companies purchased large amounts from Canada. But since the single desk has ended, there have been challenges with purchasing Canadian wheat, causing some companies to reduce the amount they […]

Polar vortex not back this winter: forecaster — October 30, 2014

Commodity News Service Canada — Last year marked one of the coldest winters in recent history, as the polar vortex affected many parts of Western Canada. But this winter will be closer to normal, Scott Yuknis, owner and founder of Climate Impact Company said during a presentation at the Cereals of North America conference in […]

grain bins in a wheat field

Relief on delayed delivery grain contracts

But the regulations 
do not state 
the penalty amounts

Delayed acceptance of grain contracted for delivery by farmers to grain buyers has become increasingly common. Sometimes the delays beyond the delivery period stated in the contract have been justified. Grain movement delays caused by weather are understandable, but delays of several weeks or months are hard to justify. Grain companies often blame the railways […]

Few changes expected in Canadian crop area — October 30, 2014

Commodity News Service Canada — It doesn’t appear there will be any dramatic changes to acreage for most crops next year, says a market analyst for CWB. Bruce Burnett gave some broad estimates for plantings in 2015 at the opening session of the Cereals North America conference in Winnipeg. “My thought is we’re going to […]