Canterra, Limagrain plan cereal breeding j.v.

Canada’s recent moves to tighten protections of plant breeders’ rights are getting the credit for encouraging a new private-sector joint venture in cereal seed development for the Prairie market. Canterra Seeds and French farmer co-operative Limagrain on Thursday announced they would further tie up their wheat variety commercialization work through a new joint seed breeding […] Read More

(Dave Bedard photo)

PotashCorp says can address K+S concerns about tie-up

Frankfurt | Reuters — Canada’s PotashCorp said it was confident of addressing concerns raised by K+S over its 7.9 billion euro (C$11 billion) takeover proposal for the German potash miner, giving K+S’s stock a boost. K+S rejected PotashCorp’s proposed bid as too low on Thursday, saying its suitor could be planning to dismantle and shrink […] Read More

North American Grain/Oilseed Review – Canola Ends Higher On Light Trading

By Dave Sims, Commodity News Service Canada Winnipeg, July 3 – THE ICE Futures Canada canola market finished higher in light trading Friday – as concerns over dryness across Western Canada underpinned the market. US markets were closed due to the July 4th holiday leaving many traders on the sidelines. Hot, dry conditions across the […] Read More

ICE Canola Mixed In Light Trade

By Dave Sims, Commodity News Service Canada WINNIPEG, July 3 – Canola contracts on the ICE Futures Canada platform were mixed in light-trading at 10:40 CDT Friday. The near-term November contract was slightly below unchanged while the more deferred values were higher, feeling some support from currency issues. US markets were closed due to the […] Read More

ICE canola up in early trade

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, July 3 – ICE Canada canola contracts were mostly stronger Friday morning after trading to both sides of unchanged overnight. Activity was thin and choppy as many participants kept to the sidelines with the US markets closed for the Independence Day holiday. Ongoing concerns over hot and […] Read More

Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, July 3 – The Canadian dollar weakened against its US counterpart Friday morning, as crude oil prices fell, and a report from China-a major importer of goods-showed slower activity. At 8:30 a.m. CDT the Canadian dollar was at US$0.7935, or C$1.2602 which compares with Thursday’s North American close of […] Read More

(Photo courtesy Canada Beef Inc.)

U.S. wheat futures seen stalling

CNS Canada –– U.S. wheat futures posted solid gains over the month of June but appear to be stalling out in the early days of July as the market looks for more fresh supportive news. “The bull needs to be fed every day, and right now it’s not getting anything to keep it going,” said […] Read More

Canadian forex review: C$ falls below 80 cents US

By Commodity News Service Canada WINNIPEG, July 2 – The Canadian dollar fell sharply against the US dollar Thursday, moving well below the 80 cents US mark. The Canadian dollar closed at US$0.7971 or US$1=C$1.2545 on Thursday, which compares with Tuesday’s North American settlement of US$0.8006 or US$1=C$1.2490. Canadian markets were closed Wednesday for Canada […] Read More