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Russia’s export plan faces setback

Russia has vowed to regain its place among the world’s top grain producers and exporters. However, it might take awhile. The Russian crop was devastated this year by drought and heat, and a ban was imposed on grain exports between Aug. 15 and Dec. 31. However, a leading Russian market analyst said that’s just a minor setback in the country’s ambitious plans to increase production and exports over the next five to 15 years. “A temporary...MORE

Bid for PotashCorp raises concerns

Farm groups and politicians are concerned about the potential takeover of a Saskatchewan fertilizer icon by an Australian multinational. On Aug. 20, BHP Billiton launched a $40 billion US bid to purchase Potash Corporation of Saskatchewan, the world’s largest fertilizer manufacturer. Ian Wishart, president of Manitoba’s Keystone Agricultural Producers, worries about the ramifications for farmers in his province if...MORE

Russian wheat export ban good for Canada

The Russian government did Canadian farmers a big favour when it cut off its wheat exports to the world, say Japanese grain buyers. During a visit to the Canadian International Grains Institute in Winnipeg, Yukio Mitutome, managing director of the Japanese Flour Millers Association, said Russia’s export ban has made Canada’s reliable, high quality supply of grain seem more valuable than ever. “We wish that you...MORE

Western Producer Livestock Report

02/09/2010 12:00:00 AM

U.S. pork prices peaked Aug. 24 but then fell sharply as the demand for Labour Day was...MORE

Canfax Report

02/09/2010 12:00:00 AM

FED CATTLE RISE The Canfax weighted average steer price for the week ending Aug....MORE

Wheat farmers weigh locking in prices or risking the pools

02/09/2010 12:00:00 AM

Farmers are getting headaches wondering what to do about pricing wheat now that prices...MORE

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