Oats Archives - Page 66 of 71

Huge Canadian canola crop beats expectations

By GFM Network News December 4, 2015

CNS Canada — An upward revision to Canada’s 2015-16 canola crop was widely anticipated in the industry, but Statistics Canada’s latest survey results have surpassed even the most optimistic forecasts — and will lead to major adjustments in the country’s supply/demand balance sheet. StatsCan on Friday pegged the year’s canola production at 17.2 million tonnes, […] Read more

Crops, Markets

Bigger crops anticipated ahead of StatsCan report

By GFM Network News December 2, 2015

CNS Canada –– Canada’s harvest ended up better than expected in 2015-16, with upward revisions expected for the country’s wheat and canola production when Statistics Canada releases its latest survey data Friday. “It turns out that the crop didn’t suffer as much in Alberta and Saskatchewan,” said Jerry Klassen, manager of the Canadian office for […] Read more

Crops, Reuters

Dreyfus family members reported asking to be bought out

By Reuters, GFM Network News November 30, 2015

London | Reuters –– Members of the founding family of Louis Dreyfus Commodities have asked the majority shareholder of the commodities trader to buy out most of their stake, Britain’s Financial Times newspaper reported Sunday. Quoting sources familiar with the situation, the newspaper said the family members had informed Margarita Louis-Dreyfus of their intention to […] Read more

Crops, Machinery, Markets

Low ocean freight rates likely to stick around

By GFM Network News November 26, 2015

CNS Canada –– Ocean freight rates are at some of their lowest levels ever and will likely stay that way for at least the next two years, according to an industry analyst. “We’re near hitting bottom, but just because we hit bottom it doesn’t mean we won’t scrape along it for awhile,” said Jay O’Neil, […] Read more

Crops, Machinery, Markets

Slimmer harvest yields faster deliveries from railways

By GFM Network News November 24, 2015

CNS Canada –– A year ago, Western Canada’s shortline railways were struggling to meet commitments, but this year’s smaller grain production has reduced the stress on rail transporters. “There’s no shortage of cars, and there’s no problems in shipping,” said Sheldon Affleck, president of Regina-based shortline Big Sky Rail. A year ago, rail companies struggled […] Read more

Crops, Markets, Reuters

Canpotex sees terminal expansion decision late next year

By Rod Nickel, GFM Network News November 23, 2015

Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that could give it a faster route to Chinese buyers in a highly competitive market. Options include building a $775 million terminal at Prince Rupert, B.C., […] Read more

Crops, Markets

Baltic Dry Index hits record low

By MarketsFarm Team, GFM Network News November 20, 2015

The Baltic Dry Index fell to its lowest levels ever on Friday, which bodes well for the competitiveness of Canadian grain exports. The BDI, a gauge of global ocean freight prices, was quoted Friday at 498 points — the first time the index dipped below 500 since records began in 1985. The index was trading […] Read more

Crops, Markets, Oats

Stronger demand for minor feeds reflected in oats futures

By GFM Network News November 19, 2015

CNS Canada — Oats futures at the Chicago Board of Trade have been creeping higher, which a U.S.-based analyst attributes to increasing demand for minor feed grains. Data from Canada and the U.S. project oat yields to increase from last year, which are capping gains, but at the same time, the demand picture has improved. […] Read more

Crops, Machinery

Running rights on table in CP bid for Norfolk Southern

By GFM Network News November 17, 2015

Canadian Pacific Railway (CP) says it hopes to unclog one of the most infamous rail traffic bottlenecks in the U.S. with a bid to buy railway Norfolk Southern. Confirming a recent news report on its plans, CP announced Tuesday it has sent an offer letter to Virginia-based NS. The Calgary company didn’t disclose any financial […] Read more

Crops, Reuters

EU scientists say glyphosate unlikely to cause cancer

By GFM Network News November 12, 2015

Brussels | Reuters — Glyphosate is unlikely to cause cancer in humans, according to the European Food Safety Authority (EFSA), which nevertheless proposed limits on Thursday on the amount of residue of the herbicide widely used by farmers deemed safe to consume. The EFSA advises EU policymakers and its conclusion could lead the 28-member European […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News