Insights and Stories of Rod Nickel

Mar. 4, 2016 at 4:45 pm CST

Winnipeg/Reuters – U.S. soybean futures jumped nearly 2 per cent on Friday as investors covered short positions due to strong export demand, registering their biggest weekly gain since mid-December. Chicago wheat edged higher, and registered a big weekly gain on concerns over dry weather in parts of the U.S. Plains. […]

By Rod Nickel

Mar. 2, 2016 at 7:24 pm CST

Winnipeg | Reuters — Crop handler Paterson Grain will take a more cautious approach to selling canola to Chinese buyers for the near term, after China said it would toughen its standard on canola shipments from Canada, the CEO of parent Paterson GlobalFoods said. China’s quarantine authority, AQSIQ, told Ottawa […]

By Rod Nickel

Feb. 26, 2016 at 5:30 pm CST

Reuters — Canadian farmers are cashing in on the highest vegetable prices in years, helped by the country’s weak currency and soaring costs of U.S. imports that have made them unexpected winners in a bearish commodity world. Soft wheat and canola prices may diminish Canadian farm incomes by nine per […]

By Nia Williams, Rod Nickel

Feb. 25, 2016 at 4:06 pm CST

Reuters — A “scientific disagreement” between Canada and China over the risk of transmitting the blackleg fungus is behind China’s move to raise its standard for Canadian canola imports, an industry official involved in discussions said. But some traders say the real reason for a higher standard that may slow […]

By Niu Shuping, Rod Nickel

Feb. 25, 2016 at 3:50 pm CST

Reuters — Quebec-based La Coop Federee, one of Canada’s biggest farmer co-operatives, is offering for sale up to 49 per cent of pork processor Olymel, to help fund expansion in Western Canada, CEO Gaetan Desroches said in an interview. La Co-op would retain control of Olymel, which along with Maple […]

By Rod Nickel