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tagged Canada CoCoRaHS prairies temperature weather WeatherFarm
Data and maps from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the [Read more]

Barilla to buy second-largest Italian pasta plant

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tagged Barilla Italy pasta pasta plant Pasta Zara processing
Milan | Reuters -- Food group Barilla said on Wednesday it had presented an offer to buy the second-largest pasta plant in Italy from domestic rival Pasta Zara to boost its production capacity. Family-owned Pasta Zara has started court proceedings to get creditor protection after its debt spiralled out of control. The factory, which is located near Tieste, in northern Italy, can produce up to 280,000 tonnes of pasta a year, according to one source close to the matter. "The…
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Pulse weekly outlook: India seen becoming a pulse buyer again

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tagged Black Sea chickpeas duties imports india lentils peas pulse crops pulses red lentil tariffs
CNS Canada -- After a year that saw India drop off the map as a pulse importer, some industry officials expect we could soon see India re-enter the market. "Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start seeing some good demand coming out of India," Farhan Adam, CEO of Marina Commodities, said Wednesday during the pulses outlook panel at Grain World in Winnipeg. [Read more]

Canada’s malt barley courts two different buyers

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tagged beer China craft beer Grain World malt malt barley malting barley protein levels varieties
CNS Canada -- The rising North American craft beer sector and strong demand out of China are both good news stories for Canada's malt barley sector. However, those two customers have different needs which can also create some challenges, said industry officials speaking Tuesday at the annual Grain World conference in Winnipeg. Lorelle Selinger, North American supply chain manager with Cargill Malt, and Peter Watts, managing director of the Canadian Malting Barley Technical…
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Pot firm Canopy’s loss widens as spending surges

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tagged cannabis Canopy Growth Constellation Brands expenses legalization marijuana net loss quarterly
Reuters -- Canadian cannabis producer Canopy Growth posted a bigger-than-expected quarterly net loss on Wednesday as it ramped up spending in the run up to the legalization of recreational use of pot in mid-October, sending its shares down nine per cent. Marijuana companies in Canada have been pouring cash into their businesses to both fend off competition and open stores as the list of medical and recreational approvals for marijuana use globally grows. In the reported quarter,…
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U.S. livestock: Live cattle slip on weak cash outlook, lower beef

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tagged cash cattle closing markets CME feeder cattle hogs lean hog live cattle Thanksgiving
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures eased on Wednesday as a weak tone to the cash cattle market and lower beef prices anchored futures, traders said. Lower equities markets also cast a shadow over cattle futures as the Dow Jones Industrial Average fell for a fourth consecutive day, raising concerns about slowing restaurant traffic as consumers curb spending. Futures traders are awaiting more active cash cattle trade at U.S. Plains markets, where…
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U.S. grains: Soybeans higher on slow harvest pace

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tagged cbot China closing markets corn futures harvest soybean futures soybeans Trump USDA wheat futures
Chicago | Reuters -- U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up 5-1/4 cents at $8.83-1/2 per bushel (all figures US$). CBOT December wheat ended down 4-3/4 cents at $5.03 a bushel and December corn…
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La Coop federee’s Ontario grain play cleared

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tagged Agromart Agronomy Co. cargill Competition Bureau Coop federee crop input grain handling La Coop Sollio South West Ag
La Coop federee's plans to expand into southern Ontario's grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill's Ontario grain and ag retail outlets and its joint-venture stake in South West Ag Partners go to La Coop for an undisclosed sum. For the deal, which was [Read more]

Trends stand out in StatsCan crop data: report

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tagged canola crop estimates preliminary production reports statistics canada statscan survey trends wheat
CNS Canada -- Second-guessing Statistics Canada's crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to the March intentions report every year, according to the…
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JBS posts narrower-than-expected quarterly loss

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tagged beef Brazil chicken earnings EBITDA JBS meats sales Seara
Sao Paulo | Reuters -- Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion reais (C$1.72 billion) last quarter, a nine per cent rise from a year earlier, as a result of higher sales prices both domestically and in export markets, JBS said in a securities…
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