Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped on Monday as profit-taking dragged prices down after the market set new contract highs, traders said. CME June live cattle ended down 0.9 cent at 161.225 cents/lb., after reaching a high of 162.525 cents/lb. (all figures US$). That exceeded Friday’s high of 162.175 cents/lb. […] Read more
U.S. livestock: CME live cattle down off highs on profit-taking
Hogs continue mixed on U.S. farrowing intentions
Prairie cash wheat: Reds higher, durum dips
U.S. wheat futures up on the week
MarketsFarm — Wheat prices on the Canadian Prairies saw modest increases in the red spring varieties during the week ended Thursday, while durum stepped back. Significant gains in the U.S. wheat complex spilled over into Canadian cash prices, but stronger Canadian dollar tempered further increases. Ongoing concerns about dry conditions in the U.S., especially the […] Read more
Continuous tie-stall housing to be phased out in new dairy code of practice
Producer, animal welfare groups praise new code; some drawbacks were noted
New guidelines for dairy cattle care will improve animal welfare while also potentially increasing farm productivity, Dairy Farmers of Canada says. “I think that we’ve come to a very solid revised code,” David Wiens, DFC’s vice-president, said in an interview. The National Farm Animal Care Council (NFACC) on Thursday released its revised Code of Practice […] Read more
U.S. grains: Soybeans climb on supportive USDA data
Corn mixed; May wheat unchanged on day
Chicago | Reuters — U.S. soybean futures rose 2.1 per cent on Friday, climbing back above US$15 a bushel for the first time since mid-March after the U.S. Department of Agriculture’s forecast for 2023 plantings and its March 1 soy stockpiles estimate both came in at the low end of trade expectations. Corn futures ended […] Read more
U.S. livestock: CME hogs up in deferred months
USDA report fuels supply uncertainty; cattle up on cash strength
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose in deferred contracts on Friday on U.S. producers’ plans for fewer sows to farrow, analysts said. Producers intend to have 2.93 million sows farrow, or give birth, from March to May, down one per cent from actual farrowings a year earlier, the U.S. Department […] Read more
U.S. farmers aim to plant more corn, soy in 2023, but delays likely
Chicago | Reuters — U.S. farmers are aiming to expand plantings of corn, wheat and soybeans this year, the U.S. Department of Agriculture (USDA) said in a prospective plantings report on Friday, as the ongoing war in Ukraine keeps global supplies tight. But adverse planting conditions are likely to trim back the expansion in some […] Read more
‘Keep it Clean’ program aims for more than just good advice
Program seen as 'one stop shop' for ensuring marketability of grains
As farmers plan for the upcoming season, they need to do their part to make certain their grain will be ready for market, come harvest time. “Market access issues in general are becoming a bigger issue globally,” said Ian Epp, an agronomy specialist and lead on market access and pesticides with the Canola Council of […] Read more
Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP
Dairy sector calls for 'vigilant' enforcement on British imports
Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
CNH to buy Outback Guidance’s parent firm
Case IH, New Holland maker to pay US$175 million for Hemisphere
CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH announced Thursday it will pay $175 million for Hemisphere, which has been owned since […] Read more
Ford hikes electric F-150’s price again to battle high costs
Reuters — Ford Motor Co. has raised the base price of its popular F-150 Lightning electric pickup truck again, the automaker’s website showed on Thursday, the latest in a series of price hikes aimed at offsetting high costs. The base variant of Ford’s electric F-150 truck now starts at $59,974, excluding shipping and taxes, up […] Read more
Canadian Cattlemen Presents: Depth of Field
