Crops

Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods, announced today the expansion of its canola processing complex in Yorkton, Saskatchewan, Canada, reinforcing its capacity to supply food, feed and energy customers. “This investment supports the Group’s strategic growth plans by reinforcing core merchandizing activities, in this case with additional capacity […]

We won’t know until the end of April at the earliest, what will become of Winnipeg pea- and canola-based protein processor Merit Functional Foods. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership on March 1st. According to the […]

A CN train loaded with grain derailed near Edmonton last week. The derailment occurred early Wednesday morning, just east of Sherwood Park. In all, seventeen cars derailed, and all were carrying grain. If all 17 derailed cars spilled all their grain, that’s about 64,328 bushels of wheat or 77,197 bushels of canola. Trains starting to move through […]

Canada is poised to play a big role in global food production as climate change makes farming more difficult and the world’s food supply chain is rendered fragile by political and economic uncertainty. That’s according to Nutrien CEO Ken Seitz. He says climate change is redrawing the map of global food production and Canada has […]

CN and CP Rail supplied a combined 93% of hopper cars ordered in grain week 34, an improvement from the previous week’s 91% and the best performance seen for the two railways combined since week 5 in late August. It reflects an improvement in performance for CN while CP performance was unchanged from the prior […]

The Global Pulse Confederation says that chickpeas are expected to be in short supply around the world over the next six months. Hot and dry weather in India cut production prospects for that country’s kabuli chickpea crop. Production out of Mexico also failed to meet expectations. As a result, the world kabuli market is out […]

According to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission, managed money fund traders are finally covering their bearish bets, after hitting the largest speculative short position in canola on record. As of March 28th, the net managed money short position in canola futures came in at 63,005 contracts, a decline […]

Farmers need to do their part to make sure their grain will be ready for market, come harvest time. And the reality is that the onus of that increased scrutiny falls directly into the laps of farmers. The Keep it Clean program is designed to help farmers deal with that burden. It’s a joint initiative of the Canola […]

The US Department of Agriculture released its prospective plantings report on Friday.  It says U.S. farmers are aiming to expand plantings of corn, wheat and soybeans this year, as the ongoing war in Ukraine keeps global supplies tight. But analysts say adverse planting conditions are likely to trim back the expansion in some northern U.S. states as […]

Global grain trader Viterra’s management team in Russia plans to create an independent Russian grain exporter once the company ceases export activities in the country. Viterra — whose owners include mining and trading giant Glencore and the investment management firm for the Canada Pension Plan — has decided not to continue its origination and export […]