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Steadier demand sought in China for Canadian canola

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tagged canola China
CNS Canada -- Chinese demand for Canada's canola and canola oil remains a key driver for the Canadian industry -- but China has been an inconsistent customer in the past, which makes developing ongoing relationships important. China in 2013-14 imported 3.9 million tonnes of Canadian canola, accounting for almost half of Canada's total exports during the year of 8.6 million tonnes, according to Canadian Grain Commission data. But Chinese demand has varied widely over the past…
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Asia’s mills eye Canada’s wheat as Australian supply slows

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tagged canadian wheat flour millers
Singapore | Reuters -- Asian flour millers are looking at buying Canadian spring wheat for shipment early next year as supplies from drought-hit Australia are likely to remain slow, traders said. Canadian western red spring wheat is being offered at around $345 a tonne, including cost and freight, nearly unchanged from last week, while Australia prime hard wheat is being quoted at $370 (all figures US$). "A lot of mills have taken Black Sea wheat in Asia and now they need…
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JBS to buy Australia’s Primo for $1.4B

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tagged JBS
Sao Paulo | Reuters -- Brazil's JBS SA, the world's largest beef exporter, has agreed to buy Australian processed foods producer Primo Smallgoods for A$1.45 billion (C$1.41 billion). The company will also buy food company Grupo Big Frango in Brazil for 430 million reais (C$192 million), stepping up the pace of acquisitions that have played a big part in its growth from a small family-run business into an international food company. Primo Smallgoods is a leading producer of ham,…
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U.S. grains: Soy rallies on short-covering, China rate cut

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tagged corn futures soybean futures
Chicago | Reuters -- U.S. soybeans rallied 1.8 per cent on Friday, pushing prices into positive territory for the week as investors covered short positions and top soy importer China unexpectedly cut interest rates. Corn futures edged lower and wheat mostly higher at the Chicago Board of Trade in a choppy and volatile session amid steep gains in the dollar that could curb export demand for U.S. supplies. "The short-term bullishness is a knee-jerk reaction," Global Commodities…
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October U.S. cattle placements not as slow as expected

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tagged cattle on feed feedlots
Chicago | Reuters -- The number of cattle placed in U.S. feedlots in October declined versus last year, a government report showed on Friday, but not by as much as expected, said analysts. While pricey calves discouraged feedlots from buying them, high-priced slaughter cattle and deteriorating summer pastures drew more livestock into feeding pens, they said. The U.S. Department of Agriculture report showed October placements at 2.357 million head, down one per cent from 2.378…
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U.S. livestock: CME live cattle rise into USDA report

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tagged cattle futures hog futures
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures settled higher on Friday on positioning before this week's cash prices and the U.S. Department of Agriculture's monthly Cattle-On-Feed report at 2 p.m. CT, traders said. Most analysts expect Friday's report to show cattle placements in October declined from last year. USDA will simultaneously issue the monthly cold storage data, which will include total October beef and pork stocks. A few analysts forecast an…
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Minogue: Silicon Valley, Saskatchewan style

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tagged agriculture hackathon
Jordan Dutchak is bringing Silicon Valley's working style to Saskatchewan agriculture. This weekend software developers, engineers, students and entrepreneurs will team up with farmers and ag professionals in Saskatoon at Emerging Agriculture, the first Canadian agricultural hackathon, where they hope to develop cutting-edge solutions to agricultural problems. The idea of a "hackathon" originated in the tech sector, where it's common for teams of professionals to work together in marathon…
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Farm websites earn national honours

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tagged Alberta Farmer WeatherFarm
Farm Business Communications' ventures in cyberspace have earned national honours for the Winnipeg farm publishing house at the Canadian Online Publishing Awards. The awards, presented Thursday in Toronto in an event organized by Canadian media magazine Masthead, go to websites in three divisions: Blue (scholarly, farm, business-to-business), Red (consumer) and Green (news media). Four of Farm Business Communications' online titles -- Grainews.ca, WeatherFarm, AGCanada.com and…
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Plus-side temperatures push eastward

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tagged Canada weather
Temperatures broke above freezing Thursday across much of the western Prairies, with daytime highs reaching +6 C at Fort St. John, B.C. and Lethbridge, Alta. and +5 C in the Maple Creek, Sask. area. Temperatures fell off well below freezing at points further east, however, as WeatherFarm stations across much of eastern Saskatchewan reported highs Thursday of just -9 C. Stations east of Winnipeg reported highs around -11 to -13 C. Overnight lows around Fort St. John dropped to -4 C;…
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Canadian Forage and Grassland Association short of funds, and a manager

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tagged Canadian Cattlemen's Association Canadian Forage and Grassland Association Dairy Farmers of Canada funding shortfall
The Canadian Forage and Grassland Association (CFGA) set up five years ago to help Canada's struggling forage and grassland industry is struggling itself, but vows to carry on despite a shortage of funds and the resignation of its executive director, Ron Pidskalny. "Nobody is saying we're going to have to shut it down," CFGA chair and Irricana, Alta., rancher Doug Wray, told the association annual meeting here Nov. 19. Pidskalny, who took on the job as part of his consulting business,…
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