Insights and Stories of Rod Nickel

Sep. 21, 2016 at 2:59 pm CDT

Reuters — One of Canada’s biggest cattle feeding operations, Western Feedlots, said Wednesday it will close feeding operations after marketing the cattle it currently owns, due to poor market conditions. Closure of Western’s feeding operations, likely early in 2017 once its current cattle are sold, will make it more difficult […]

By Rod Nickel

Sep. 20, 2016 at 5:58 pm CDT

Reuters — Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market’s weakness makes it the right time to merge leading farm input suppliers, the CEO of Agrium said on Tuesday, making his pitch to skeptical investors for a US$26 billion union with PotashCorp. “Are […]

By Rod Nickel

Sep. 19, 2016 at 4:00 pm CDT

Reuters — U.S. soybeans rose on Monday for a third straight session, boosted by strength in vegetable oil markets and technical buying. Corn turned higher on chart-based buying and Chicago wheat finished mixed, held in check by an ongoing disruption in Egyptian wheat imports. Chicago November soybean futures climbed 6-1/2 […]

By Rod Nickel

Sep. 17, 2016 at 2:07 am CDT

Reuters — A sinkhole spanning 45 feet in diameter opened at a Mosaic Co. phosphate fertilizer facility in Florida, leaking 215 million gallons of “slightly radioactive water,” a company spokesman said Friday. Mosaic said the monitoring system at its New Wales facility at Mulberry, Florida, showed a decline in water […]

By Rod Nickel

Sep. 7, 2016 at 11:34 am CDT

Winnipeg/Ottawa | Reuters — Canadian canola and wheat stockpiles were sharply lower in midsummer from a year earlier, the smallest in three years, but bigger than expected, a Statistics Canada report showed on Wednesday. StatsCan pegged all-wheat stocks as of July 31 at 5.2 million tonnes, down 27 per cent […]

By Kaven Baker-Voakes, Rod Nickel