Crops & Production Tips

Monsanto reported offering again to buy Syngenta

By Reuters, GFM Network News April 30, 2015

Reuters — Monsanto, the world’s largest seed company, has again approached Switzerland’s Syngenta in recent weeks with an offer to buy the company, Bloomberg reported, citing people familiar with the matter. However, the Swiss crop chemical maker has concerns, as the merger would raise antitrust issues, Bloomberg said. The two companies may again fail to […] Read more

Canola, Crops, Soybeans

Fire damages Bunge’s Hamilton crush plant

By Grainews Staff, GFM Network News April 30, 2015

Fire officials in Hamilton, Ont. estimate a fire in a soybean drying unit at Bunge’s oilseed crush plant has caused about $20,000 in damages. The city’s fire department on Thursday said multiple fire crews responded to a report of a fire at the Bunge plant at about 12:40 p.m. The fire, officials said, broke out […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Wheat slumps on record-large export cancellations

By Michael Hirtzer, GFM Network News April 30, 2015

Chicago | Reuters –– U.S. wheat fell as much as two per cent on Thursday, capping its second straight monthly decline on pressure from improving crop conditions in the southern U.S. Plains and disappointing weekly export sales. Corn and soybeans also were lower at the Chicago Board of Trade, weighed down by favourable weather for […] Read more

Crops, Machinery

Cost index trimmed for railways’ grain revenue cap

By Grainews Staff, GFM Network News April 30, 2015

A sharper-than-expected drop in fuel costs has led federal regulators to dial back the index that decides how much money railways get to keep from hauling Prairie grain. The Canadian Transportation Agency on announced Thursday it will cut its volume-related composite price index (VRCPI) by 5.6 per cent, to 1.2517, for the 2015-16 crop year. […] Read more

Crops, Grapes, Reuters

EU lawmakers urge calorie content labels to cover alcohol

By Reuters, GFM Network News April 30, 2015

Brussels | Reuters — European beer, wine and spirits makers should inform consumers about the amount of calories in their drinks via clear labelling, EU lawmakers said Wednesday. Most foods and drinks are subject to legislation mandating labels with nutritional and ingredient information, but alcoholic drinks are exempt. The European Parliament voted in favour of […] Read more

Agronomist Mike Lee trekked 5,000 km through Ukraine and Russia over 12 days to evaluate crop conditions and get a sense of economic pressures farmers face in the region. (Photo courtesy Mike Lee)

Crops, Markets, Weather

Crop tour in Russia, Ukraine finds mid-sized farms under pressure

By Lisa Guenther, GFM Network News April 30, 2015

Conflict in Ukraine has left the country’s farmers in a tight spot, as they’ve told agronomist Mike Lee. Lee, who grew up in the U.K. but has managed large farms in Ukraine and worked in Kazakhstan, Uzbekistan and Russia, traveled 5,000 km through Ukraine and Russia in late March, evaluating winter crops and talking to farmers. […] Read more

Crops, Reuters

PotashCorp, Mosaic profits climb less than expected

By Reuters, GFM Network News April 30, 2015

Reuters — North America’s two biggest potash producers, PotashCorp and Mosaic Co., reported larger first-quarter profits on Thursday, but results missed expectations. Saskatoon-based PotashCorp, the world’s biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide. Prices are yet to recover after a collapse in 2013, […] Read more

Cereals, News

Producers, start scouting: stripe rust is spreading north

Producers in central Alberta — and even the Peace region — need to start scouting their winter wheat fields for signs of stripe rust

By Jennifer Blair April 29, 2015

Stripe rust overwintering on three winter wheat fields in the Edmonton area is “concerning,” says a provincial winter wheat agronomist. “Last year, stripe rust overwintered in the central Alberta region, near Lacombe, Red Deer, and Olds, which was alarming because it really hasn’t overwintered in years,” said Janine Paly of Ducks Unlimited Canada. “Last year, […] Read more

(Manitoba Co-operator photo by Allan Dawson)

Crops, Markets, Reuters

U.S. grains: Corn, wheat rebound on technicals, dollar declines

By Michael Hirtzer, GFM Network News April 29, 2015

Chicago | Reuters — U.S. grains jumped as much as one per cent on Wednesday, with corn rebounding from a six-month low and wheat from a nearly five-year low on support from short covering and a weaker U.S. dollar. Soybeans also gained at the Chicago Board of Trade, buoyed by a strike of boat captains […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybean/corn ratio too wide, expected to narrow

By GFM Network News April 29, 2015

CNS Canada — The widening spread between corn and soybean futures at the Chicago Board of Trade (CBOT) should be supportive for corn but a bearish factor in soybeans, as the two crops have moved in opposite directions over the past week, according to an analyst. Soybeans moved to their highest levels in a month […] Read more

Daily Network News

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Crops

Monsanto reported offering again to buy Syngenta

Fire damages Bunge’s Hamilton crush plant

U.S. grains: Wheat slumps on record-large export cancellations

Cost index trimmed for railways’ grain revenue cap

EU lawmakers urge calorie content labels to cover alcohol

Crop tour in Russia, Ukraine finds mid-sized farms under pressure

PotashCorp, Mosaic profits climb less than expected

Producers, start scouting: stripe rust is spreading north

U.S. grains: Corn, wheat rebound on technicals, dollar declines

CBOT weekly outlook: Soybean/corn ratio too wide, expected to narrow

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