Insights and Stories of Rod Nickel

Feb. 6, 2014 at 4:26 pm CST

Reuters — Canada’s largest dairy producer Saputo Inc., which recently won control of Australian dairy Warrnambool Cheese and Butter Factory Co., is hungry for further acquisitions in that country, as well as in New Zealand, Brazil and the U.S., CEO Lino Saputo Jr. said on Thursday. Saputo gave no indication […]

By Rod Nickel

Jan. 30, 2014 at 4:19 pm CST

Reuters — PotashCorp, the world’s biggest fertilizer company, on Thursday reported its smallest quarterly profit in four years and produced 2014 forecasts that were well below Wall Street expectations. The Saskatoon-based company’s disappointing outlook shows the global potash market has far to go to recover from a slide in prices, […]

By Rod Nickel

Jan. 23, 2014 at 7:57 pm CST

Winnipeg | Reuters — Wheat futures rose on Thursday to an eight-day high as cold weather across the U.S. grain belt raised fears of crop damage and major importers returned to the market following a recent drop in prices to a 3-1/2-year low. Corn followed wheat higher, but soybeans finished […]

By Rod Nickel

Jan. 20, 2014 at 3:35 pm CST

Canada and South Korea are having “tremendous discussions” toward a free-trade agreement, said Canada’s Agriculture Minister Gerry Ritz — a deal that could increase trade in meat and autos. Talks began in 2005, but were later hung up over disputes such as a delay in South Korea scrapping its ban […]

By Rod Nickel

Dec. 27, 2013 at 4:58 pm CST

U.S. grains and soybeans rose on Friday, clawing back some of their earlier losses during the holiday-shortened week. Soybeans gained the most, climbing one per cent on technical buying ahead of the expiry of options and bargain buying, traders said. The oilseed also got a boost from the U.S. Department […]

By Rod Nickel