AB InBev’s operations include Alexander Keith’s maker, Halifax-based Oland Breweries, which became part of Labatt in 1971. (Keiths.ca)

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

Brussels/London | Reuters — Anheuser-Busch InBev, the world’s largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world’s beer. A merged group would have a market value of around US$275 billion (C$363 billion) at current prices, and would combine AB InBev’s dominance of Latin America […] Read more

North American weather conditions have been a little more extreme.

We’re in weather market madness

Weather drives grain markets. And this year, weather is also driving farmers to distraction

We have had another summer of weather extremes. It started in May with dry weather across the Prairies and parts of the U.S. plains, and excessive rains across large U.S. grain-growing regions. June brought hot, dry spells across the Prairies. Then we topped it off with rain, hail and tornados in July — almost the prefect recipe […] Read more


(USDA.gov via Flickr)

USDA probes release of incorrect data that pressured crop prices

Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency […] Read more

(Dave Bedard photo)

PotashCorp says not actively discussing K+S takeover

Reuters — PotashCorp is not actively discussing its takeover proposal with Germany’s K+S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and offer new access to Europe, CEO Jochen Tilk said Wednesday. PotashCorp’s standing offer of 7.9 billion euros (C$11.75 billion) or 41 euros per share is […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Corn, wheat fall for second day on harvest, ample supply

Chicago | Reuters — U.S. grains were lower on Wednesday, with both corn and wheat easing about one per cent for their second straight session of declines on pressure from the advancing corn harvest and plentiful global grain supplies. Soybeans reversed from earlier gains to turn narrowly lower, in light trading volumes in each commodity […] Read more

(Country Guide file photo)

Wheat basis levels improve, futures stay bearish

CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans hit three-week high as crop condition declines

Chicago | Reuters –– U.S. soybeans rose to a three-week high on Tuesday, underpinned by a U.S. Department of Agriculture report showing a slight deterioration in crop ratings that could result in lower yields. Wheat and corn declined at the Chicago Board of Trade (CBOT) in relatively thin volumes in all three commodities, with many […] Read more