Two-and-a-half years after acquiring Red Deer-based farm consulting company Agri-Trend, Trimble is changing the way it works with the independent agronomy and grain marketing advisors that make up the Agri-Trend network. The company is focusing on providing its new digital platform to Agri-Trend’s affiliated “coaches,” while no longer offering administrative services, such as pricing and… Read More

Canola supplies could be tight this year, as the market awaits Statistics Canada’s new crop production estimates on Tuesday (Dec. 6.) The canola number, which is expected to fall somewhere between 18.2 and 19.7 million tonnes, will have to be interpreted with the timing of StatsCan’s survey in mind. The agency surveyed farmers from Oct. 21… Read More

Haven’t we seen this before? Traders and analysts were expecting Statistics Canada to peg the 2015 canola crop at around 15.6 million tonnes in the agency’s latest production report released Friday morning. Pre-report guesses ranged between 14.5 and 16.4 million. Most farmers reported better than expected canola yields at harvest, so everybody was expecting the… Read More

Wheat futures have dropped sharply this week after spiking earlier this month, as the rising U.S. dollar is once again weighing on American commodities. The currency effect is also being noticed in the oilseed complex, as Canadian canola futures have climbed while soybean values in Chicago have fallen over the last few weeks. Get the latest prices on the Commodity Futures… Read More

Traders and analysts were taken aback by some of the key numbers in the crop production report from Statistics Canada released on Thursday morning. While the market was expecting a higher canola production estimate, it was not anticipating the major increase from the StatsCan estimate of 14.1 million metric tonnes in October to 15.6 million in… Read More

A three-year deal still needs to be ratified by workers, but Canadian National (CN) railway reports today that a tentative deal has been struck with the Teamsters union and a rail strike has been averted. The threatened strike would have crippled an already severely taxed logistics system trying to move the huge 2013 crop. As… Read More