Insights and Stories of Rod Nickel

Jan. 21, 2016 at 6:24 pm CST

Reuters — PotashCorp’s decision this week to suspend production at its last New Brunswick mine may lead it to shelve plans to build a new West Coast shipping terminal with partners Mosaic Co. and Agrium, CEO Jochen Tilk said on Thursday. Canpotex Ltd., owned by the three companies, has been considering […]

By Rod Nickel

Jan. 8, 2016 at 9:51 am CST

Winnipeg | Reuters –– The U.S. Food and Drug Administration (FDA) halted a shipment of canola meal on Dec. 1 from a Bunge plant in Hamilton, Ont. because it appeared to contain salmonella bacteria, FDA records show. Salmonella can cause food-borne illness in humans. However, canola meal is mainly shipped […]

By Rod Nickel

Dec. 30, 2015 at 3:49 pm CST

Reuters — Chicago corn and wheat slipped on Wednesday, as concerns about potential damage to winter wheat crops moved to the background in light year-end trading. Soybeans rose on technical buying, despite forecasts for much-needed rains in parts of Brazil next week. With a lack of fresh bullish news for […]

By Rod Nickel

Dec. 22, 2015 at 3:03 pm CST

Reuters — U.S. grain and soybean prices fell on Tuesday, weighed by technical selling and abundant global supplies. Soybeans and wheat gave up earlier gains that were based on weather concerns for developing crops, while corn led the way down in choppy trading ahead of Friday’s Christmas holiday. “There’s no […]

By Michael Hirtzer, Rod Nickel

Dec. 21, 2015 at 5:36 pm CST

Reuters — Prices for U.S. grains and soybeans dipped on Monday, giving up slight early advances in thin, choppy trade that focused on plentiful global supplies. The markets declined despite favourable weakness in the U.S. dollar and concerns about insufficient rains curbing Brazil’s soybean production. Price movements and volumes were […]

By Rod Nickel