Pulses Archives - Page 263 of 345

ADM sees weaker ag services outlook on trading woes

By GFM Network News May 3, 2017

Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting despite reporting a higher first-quarter profit. The warning highlighted a string of trading woes at ADM, which has shed several key […] Read more

Crops, Reuters

Bunge profit dives as grain glut hits margins

By GFM Network News May 3, 2017

Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South America squeezed margins in its core agribusiness unit, sending shares tumbling. White Plains, N.Y.-based Bunge said net income available to shareholders plunged 82 per cent […] Read more

Crops, Reuters

Proposed Dow, DuPont merger gets conditional nod from China

By Reuters, GFM Network News May 2, 2017

Beijing | Reuters — China has conditionally approved the proposed merger between Dow Chemical and DuPont, the country’s commerce ministry said on Tuesday, a step forward for the deal whose closing has been repeatedly delayed by regulatory hurdles. The merger was approved by EU antitrust regulators in March on the condition the companies divest assets […] Read more

Crops

Manitoba crop groups officially on merger track

By Grainews Staff, GFM Network News May 2, 2017

Five Manitoba-based crop producer associations, nearly all of which already work out of the same building, have a memorandum of understanding to work toward forming a single merged grower group. The Manitoba Corn Growers Association (MCGA), Manitoba Pulse and Soybean Growers Association (MPSG), National Sunflower Association of Canada (NSAC) and the Manitoba Wheat and Barley […] Read more

Gavilon Grain has sold its facility at Grand Forks, N.D. to Viterra. (Gavilon.com)

Crops

Viterra buys North Dakota elevator

By Grainews Staff, GFM Network News May 2, 2017

Prairie grain handler Viterra is expanding its reach in eastern North Dakota with a deal for Gavilon Grain’s elevator at Grand Forks. Regina-based Viterra said Monday it has closed its acquisition of Omaha-based Gavilon’s Grand Forks site for an undisclosed sum, and plans “immediate capital upgrades” for the elevator. The Grand Forks site, which was […] Read more

A pea field in north-western Saskatchewan last July. Seeding peas later is an option for some growers looking at seeding delays this year.

Crops, News, Pulses

Late seeding could see growers “drop peas” from rotations

By Lisa Guenther May 1, 2017

As many Western Canadian farmers juggle their rotations to fit a tight seeding timetable this spring, one producer has a message: Don’t drop the peas. Vicki Dutton is a seed grower and grain trader with ADM in North Battleford. With fewer farmers signing fall contracts this year, she’s been talking to producers to find out […] Read more

Crops, Reuters

Agrium posts smaller-than-expected loss for quarter

By Reuters, GFM Network News May 1, 2017

Reuters — Agrium, the world’s biggest farm retailer, reported a smaller-than-expected loss on Monday, helped by higher selling prices for potash. The Calgary-based fertilizer and ag retail firm sold 636,000 tonnes of wholesale potash in the first quarter ended March 31 at an average of $208 per tonne, compared with 456,000 tonnes at $199 per […] Read more

Crops, Machinery, Weather

Monsanto halts sale of Precision Planting arm to Deere

By Grainews Staff, GFM Network News May 1, 2017

Monsanto subsidiary The Climate Corp. has cancelled a deal to sell its Precision Planting business to Deere and Co., citing the months-long court fight against it. The U.S. Department of Justice filed suit in August last year to block the proposed US$190 million deal, alleging the deal would lead to higher prices for high-speed precision […] Read more

A CN locomotive near Jasper, Alta. (Photo courtesy CN)

Crops, Machinery

Grain handle helps CN to record first-quarter volume

By Grainews Staff, GFM Network News April 29, 2017

Canadian National Railway reports moving more Prairie grain in its first quarter than at the same time last year, despite “more demanding winter conditions” compared to 2016. Montreal-based CN on Monday reported net earnings of $884 million on overall revenues of $3.206 billion for the quarter ending March 31 (Q1), up from $792 million on […] Read more

Crops, Machinery

Prairie grain freight cost index to rise with fuel prices

By Grainews Staff, GFM Network News April 28, 2017

An “expected sharp rise” in fuel costs in 2017 compared to 2016 may help raise the cap on how much money Canada’s big two railways can charge to move Prairie grain in 2017-18. The Canadian Transportation Agency — the tribunal which, among its other duties, sets the annual maximum revenue entitlements (MREs) on Prairie grain […] Read more

GFM Network News

CFIA says regulatory changes will cut agricultural red tape

U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

ICE Canada Weekly: Canola poised to slip below C$600/tonne

Pulses

ADM sees weaker ag services outlook on trading woes

Bunge profit dives as grain glut hits margins

Proposed Dow, DuPont merger gets conditional nod from China

Manitoba crop groups officially on merger track

Viterra buys North Dakota elevator

Late seeding could see growers “drop peas” from rotations

Agrium posts smaller-than-expected loss for quarter

Monsanto halts sale of Precision Planting arm to Deere

Grain handle helps CN to record first-quarter volume

Prairie grain freight cost index to rise with fuel prices

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