Statistics Canada released its estimates for 2012 year-end crop stocks today. As of December 31, total stocks of most principal field crops were down compared with the same date in 2011. Corn is the big exception — record yields in 2012 have boosted on-farm stocks. Canola stocks are estimated at 7.4 million tonnes, a 23.6% drop from December 31, 2011. It… Read More
Category: News
RealAgriculture.com is pleased to announce journalist and journalism instructor Owen Roberts of the University of Guelph begins a new weekly column this week, entitled “Real Talk, Real Action.” Each Thursday, Owen’s column will feature a new call to action for the agriculture community, related to a current agriculture event or news story. This new feature… Read More
CME Group (www.cmegroup.com) today announced it will transition open outcry trading of Kansas City Board of Trade (KCBT) hard red winter (HRW) wheat futures and options to its Chicago trading floor beginning Monday, July 1, 2013, pending CFTC review. The company’s release says this transition will accelerate efficiencies and trading opportunities for customers trading both… Read More
Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast today announced the Government of Canada has reached an agreement with Japan to expand market access to Canadian beef from animals under 30 months of age (UTM). This is an improvement over the current requirement which only permits beef exports from animals under 21 months… Read More
JANA Partners LLC, an investment group holding just over 6% of Agrium’s shares, is rallying Agrium’s other stockholders in an effort to put serious pressure on the company to change the way it operates. In an interesting turn, Jana has devoted an entire website to its cause — see it here — and has gone… Read More
Saskatchewan forage industry members will work together to develop and implement a strategy to improve the sector’s competitiveness and to ensure its long-term prosperity with the help of federal government funding announced this week. Federal agriculture minister Gerry Ritz was on hand this week to announce a $148,000 investment to help the Saskatchewan Forage Council… Read More
Last week, Dow AgroSciences announced that the launch of its corn lines carrying the Enlist trait would not be available for planting in 2013 in the U.S., as the U.S. regulatory approvals have not been obtained for the trait in corn, nor has the herbicide Enlist Duo received approval. The company is confident approvals will… Read More
Cargill has announced that they will be shutting down its Plainview, Texas Cattle slaughter plant. Cargill cited a shrinking cattle supply as one of the reasons for the decision. Is this a big surprise, not really in terms of the excess capacity that is in North America. For Canada, the near term impact is a… Read More