Cereals & Production Tips

Mexico-based global bakery giant Grupo Bimbo, whose mascot Osito Bimbo is shown here at a company event in Mexico in 2011, has reached an all-cash deal to buy Canada Bread for $1.83 billion. (GrupoBimbo.com)

Mexican bakery giant to buy Canada Bread

By Grainews Staff, GFM Network News February 12, 2014

The reported frontrunner to buy Canada Bread is now officially the Canadian bakery firm’s buyer of choice. Mexico’s Grupo Bimbo on Wednesday announced a cash deal to buy all shares of Canada Bread Co. for $72 per share, or about $1.83 billion, accruing mainly to Canada Bread’s 90 per cent owner, meat processor Maple Leaf […] Read more

Crops, Weather, Winter Wheat

Spring flooding not a concern for Prairie winter wheat

By GFM Network News February 12, 2014

CNS Canada — Some Prairie winter wheat-growing regions may have received large amounts of snow so far this winter, but flooding shouldn’t be a concern this spring. “We’ve run into some problems when we’ve had snowmelt not moving off of fields” in the past, said Bruce Burnett, weather and crop specialist with CWB in Winnipeg. […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids climb alongside U.S. futures

By GFM Network News February 10, 2014

CNS Canada –– Western Canadian cash bids for Canada Prairie spring red (CPSR) and Canada Western red spring (CWRS) wheat moved higher, following the sharply stronger U.S. wheat futures markets during the week ending Monday. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and Alberta came in at around $168 per […] Read more

Cereals, Crops

Wireworm action added to cereal seed treatment

By Grainews Staff, GFM Network News February 8, 2014

Bayer CropScience has installed a neonicotinoid wireworm defense in the latest version of its Raxil cereal seed treatment. The company last week launched Raxil PRO Shield, which includes the active fungicides from Bayer’s Raxil PRO formulation, tebuconazole, prothioconazole and metalaxyl. The new product, however, also includes imidacloprid, a neonicotinoid insecticide, in a new “Stress Shield” […] Read more

Cereals, Corn, Crops, Markets, Reuters, Soybeans

U.S. grains: Wheat falls on profit-taking; corn, soy firm

By GFM Network News February 7, 2014

Chicago | Reuters — Chicago Board of Trade wheat futures fell on profit-taking on Friday, the day after they hit a 3-1/2 week high on concern about the condition of the U.S. winter crop, traders said. Soybeans rose as traders positioned for a monthly U.S. government crop report due Monday that could indicate tighter U.S. […] Read more

Cereals, Corn, Crops, Markets, Reuters, Soybeans

U.S. grains: Oats hit record high, soy climbs on exports, corn flat

By GFM Network News February 6, 2014

Chicago | Reuters — Chicago Board of Trade soybean futures rose for a sixth straight session on Thursday, setting a six-week high on strong export demand for U.S. soybeans and soymeal, traders said. Thinly-traded CBOT oats surged, with the March contract soaring its daily 20-cent limit to $4.63-1/4 per bushel, the highest-ever spot oats price […] Read more

Barley, Crops, Markets

Lethbridge barley rallies by $10 since mid-January

By GFM Network News February 6, 2014

CNS Canada — The Lethbridge barley market has appeared to have bottomed out in January, as prices have rallied by $10 per tonne in the past few weeks. “The barley market through the last two weeks has ticked up a little bit,” said Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, Alta. “Lethbridge is […] Read more

Crops, Markets, Reuters, Spring Wheat

Japan ramps up U.S., June Canada wheat buys to offset delays

By Reuters, GFM Network News February 6, 2014

Tokyo | Reuters — Japan ramped up its purchases of U.S. grains and June-arrival Canadian wheat used for making bread and noodles, in a tender awarded on Thursday, in a move to offset the possibility of extended shipping delays from Canada. Canada’s record canola and wheat harvests have clogged its rail arteries and overwhelmed its […] Read more

Cereals, Crops

Cereal herbicide approved for use in canary seed crops

By Grainews Staff, GFM Network News February 4, 2014

Nufarm’s cereal herbicide Enforcer M has picked up approval for an expanded label allowing its use in canary seed crops, and its use on more weeds and in more tank mixes. Enforcer, a post-emergent herbicide previously labelled for use in spring, winter and durum wheat and barley, is applied from the three-leaf to flag-leaf stage […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures correct higher

By GFM Network News February 4, 2014

CNS Canada — All three U.S. wheat futures markets are finally seeing a corrective bounce, after declining steadily since October. While how much higher wheat futures can move remains to be seen, the sharp gains this week could be seen as a sign that the downtrend is over for the time being. “We’re finally coming […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News