Pricing Archives - Grainews

Major grocery chains agree to help stabilize prices, feds say

Any moves must not undercut farmgate prices, government warns

By GFM Network News September 19, 2023

Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more

File photo of rye at a grain market in India. (Deepak Sethi/E+/Getty Images)

Crops, Markets, Reuters

India’s controversial farm bills become law despite protests

By GFM Network News September 27, 2020

New Delhi | Reuters — India’s president on Sunday approved three controversial agricultural bills amid nationwide protests by farmers who say the new laws will stunt their bargaining power and instead allow large retailers to have control over pricing. Farmers’ organizations say one of the three laws could lead to the government stopping buying grain […] Read more

Corn, Crops, Markets, Reuters

Green Plains sues ADM, alleging ethanol market manipulation

By GFM Network News July 15, 2020

Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, sued Archer Daniels Midland on Tuesday, accusing the global grain trader of manipulating the price of the biofuel to profit from its positions in the derivatives market. Green Plains filed the proposed class action with the U.S. District Court of Nebraska, […] Read more

Grain handler Viterra’s system allows growers to create contracts online 24/7 via smartphone. (Paul Ketcheson photo)

Crops, Machinery, Markets

Viterra offers up 24/7 online grain contracting

By GFM Network News February 3, 2019

Prairie grain growers doing business with Glencore Agriculture’s Viterra arm can now create their own grain contracts with the company anytime online. In what it describes as the “first and only full range” of online contracting options for farmers in Western Canada, Viterra launched its new system on its myViterra platform in December. A Prairie […] Read more

Crops, Features

What’s the price of that crop input?

By Leeann Minogue January 9, 2018

Everyone likes a rebate. Cash-back cheques are nice to have, but we know they don’t have a lot of influence over your purchasing decisions. It would be much more helpful if you could turn to these pages and see the actual product prices. I’m sure you’ve noticed that most news stories about improved fungicides, newly-registered […] Read more

U.S. President Donald Trump speaks April 18 at Snap-on Tools’ headquarters in Kenosha, Wisconsin. (Video screengrab from Whitehouse.gov)

Dairy Cattle, Livestock, Reuters

Trump vows to back U.S. dairy farmers in Canada trade spat

By Rod Nickel, GFM Network News April 18, 2017

Reuters — U.S. President Donald Trump promised on Tuesday to defend U.S. dairy farmers who have been hurt by Canada’s protectionist trade practices, during a visit to the cheese-making state of Wisconsin. Canada’s dairy sector is protected by high tariffs on imported products and controls on domestic production as a means of supporting prices that […] Read more

Crops, Fruit/Vegetables

Ontario processing tomato contracts set

By GFM Network News March 24, 2017

An agreement has been reached between growers and processors of Ontario tomatoes for the 2017 growing season, maintaining the 2016 pricing agreement and 2016 contract tonnage. Final prices, however, weren’t released Friday, as they historically have been on the website of the Ontario Processing Vegetable Growers (OPVG). According to the Ontario Fruit and Vegetable Processing […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Livestock, Poultry/Eggs, Reuters

Tyson reveals subpoena linked to alleged price fixing

By GFM Network News February 6, 2017

Reuters — Tyson Foods disclosed on Monday it has received a subpoena from the U.S. Securities and Exchange Commission following allegations it conspired with rivals for years to fix chicken prices. The chicken sector, which is dominated by a handful of large meat companies, has come under increased scrutiny over the past year as customers […] Read more

Dairy Cattle, Livestock, Reuters

New Zealand dairy industry worries over Canada pricing plan

By Rod Nickel, GFM Network News September 30, 2016

Wellington/Winnipeg | Reuters — New Zealand is closely watching changes in how Canada prices dairy products, New Zealand’s trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition. Canada’s dairy farmers and processors, which include Saputo and Parmalat Canada, struck a pricing agreement in July that industry groups in […] Read more

Columns, Crops

Watch those pricing signs

Grade and protein spreads change during the year. Take advantage of change to increase your profits

By Brian Wittal February 9, 2016

My last column talked about futures spreads, and how you understand what’s happening in the marketplace by watching how and why spreads change over time. Now, a look at more pricing signals: grade and protein spreads. During the era of the Canadian Wheat Board, grade and protein spreads changed very little throughout the marketing year. The CWB, […] Read more

Canada’s foreign affairs minister spoke with Chinese counterpart, federal government says

China soybean imports hit record June high on strong Brazil shipments

Alberta crop conditions improve: report

GFM Network News