CME to Buy Kansas City Board of Trade

According to Dow Jones Newswires, CME Group has agreed to buy the Kansas City Board of Trade for US$126 million. CME already owns the Chicago Board of Trade (CBOT). By purchasing Kansas City, CME would then offer wheat contracts for both soft and hard wheats, along with several other agriculture commodity contracts. While it’s not… Read more »

Soybean School – How to Properly Test For Soybean Cyst Nematode

Fall is a great time to do a few things: soil test, research soybean varieties for next year and test for soybean cyst nematode (SCN). The three tasks can actually be done simultaneously. As Albert Tenuta, field crop plant pathologist with OMAFRA, explains in this video, now is a great time to test for SCN…. Read more »

Canfax Cattle on Feed Report Confirms a Slow Fall Feeder Cattle Run

The 2012 fall feeder run seems to be moving at a very slow pace. Last weeks Canfax Cattle on Feed report would definitely confirm that. All things considered, the slow feeder run may be a blessing in disguise as many of the cattle liners are busy shipping cattle south due to the XL Foods closure… Read more »

How do You Plan to Deal with Canola Volunteers?

It was the bumper crop that almost was. Late in the summer, farmers watched helplessly as ripe canola ready for swathing or swaths waiting for the combine were tossed around and blown into trees, shattering on to the ground bushel after bushel of seed. Some estimate that as much as 10 bushels an acre was… Read more »

Canola Council Asks Gov’t to Keep Trade Program

According to the Canola Council of Canada’s press release, president Patti Miller has urged the Standing Committee on Finance to “sustain the momentum of Canada’s canola industry by supporting strategic investments and policy direction in three priority areas – research, market development and market access.” Her comments are in regards to up-coming potential changes to… Read more »

Real Leaders Ep 2 – Greg Stewart on Agriculture’s Image Today

In this second episode of the Real Leaders series, Kim McConnell asks Greg Stewart, Farm Credit Canada’s CEO, about farmers’ own perceptions of agriculture and how that impacts another generation of farmers. What’s more, Stewart shares his insight into what, as an industry, agriculture must teach the public and the future generation about farming and… Read more »

Beef Market Update – XL Foods Plant Shutdown Creates Significant Basis Risk

With less cattle slaughter capacity in Canada, many ranchers and feedyards are concerned about the possibility for the feeder cattle and live basis to significantly widen.  A basis that gets too wide makes the current Canadian model unworkable. Currently the live cattle basis sites at 16-18 which is the same as last year at this… Read more »