(BungeMOE.com)

Canada’s canola crop woes cut crusher profits to two-year low

Winnipeg | Reuters — Problems with Canada’s canola crop are driving up the oilseed’s price, cutting processors’ margins to their lowest levels in two years and threatening to boost the price of a key ingredient of salad dressings and potato chips. Frost and dry conditions on the Canadian Prairies have damaged the crop, which processors, […] Read more


(Dave Bedard photo)

Yields to take precedence over acres in Canada

CNS Canada –– Canadian farmers seeded a bit more canola and a bit less wheat than originally expected, according to updated acreage estimates from Statistics Canada, released Tuesday. However, worsening drought conditions in the western Prairies over the past month and the need for reseeding due to frost damage earlier in June mean actual yields […] Read more






(Photo courtesy Canada Beef Inc.)

U.S. corn, DDGS imports likely as drought tightens feed supply

CNS Canada –– Livestock producers in Western Canada will likely have to import feed grains such as corn and dried distillers grains with solubles (DDGS) this year, as drought is seen trimming domestic barley and other feed production. “We’ve seen droughts before, and when it’s happened, usually what has to happen is we import other […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat ends week up 15 per cent on U.S., global weather woes

Chicago | Reuters — U.S. wheat futures notched their biggest weekly advance in three years on Friday as worries about excessive rains in the Midwest and uncertainty over global crop prospects triggered aggressive fund short-covering, analysts said. Corn and soybeans also rose but pared gains as farmers took advantage of the rally and sold supplies […] Read more


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