Insights and Stories on Crops

Jan. 22, 2010 at 6:48 pm CST

The Supreme Court of Canada’s dismissal of the Canadian Wheat Board’s appeal against a federal “gag order” could open the endgate for Ottawa to order up sweeping changes at the CWB. That’s the interpretation of the pro-deregulation Western Canadian Wheat Growers Association, in response to a decision released Thursday by […]

Jan. 22, 2010 at 4:43 pm CST

Battered by discoveries of a deregistered genetically-modified flax variety in exports to GM-shy Europe, Canada’s flax industry says a plan to require certified seed for export is the “best opportunity” to restore market access. The Winnipeg-based Flax Council of Canada said in a release Thursday that putting a certified seed […]

Jan. 22, 2010 at 4:14 pm CST

A farmers’ group planning to build an oilseed hemp processing plant in Manitoba’s southwestern corner has picked up commitments for over $5 million in public funding. The federal government this week pledged $4.895 million from its Community Adjustment Fund for Farm Genesis Group Marketing Inc. to build a hemp oil […]

Jan. 22, 2010 at 4:00 pm CST

Jan. 22 — The U.S. dollar seems to have powered out as it closed out the day down slightly. The Canadian dollar also ended lower today, as did the Dow Jones and crude oil. Weekly export sales numbers were above expectations for all three grains, which helped to support grains […]

By Brian Wittal

Jan. 22, 2010 at 11:56 am CST

Lower commodity and fertilizer pricing offset a record grain handle to lighten the bottom line for 2009 at Canada’s largest grain company. Viterra on Thursday posted profit of $113.1 million on $6.64 billion in revenues in its fiscal year ending Oct. 31, including 38 days’ contributions from its newly-acquired Australian […]