Chicago | Reuters — Profit-taking weighed on Chicago Mercantile Exchange lean hog futures on Tuesday after prices leapt to their highest price this month, traders said. Most-active June lean hogs settled down 1.075 cents at 121.325 cents/lb. (all figures US$). The contract is up eight per cent since nearing a one-month low on April 5 […] Read more
U.S. livestock: CME hog futures backpedal off April high
Chicago cattle futures up
U.S. grains: Corn pulls back after reaching decade high
Wheat also gives up gains amid profit-taking, traders say
Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday, consolidating below a decade high reached earlier, as traders assessed risks to global supply from the war in Ukraine and a slow start to planting in the U.S. Wheat futures also weakened, with profit-taking pressuring the markets, traders said. The July […] Read more
Pulse weekly outlook: No worries about delayed planting in Manitoba
'Farmers can get stuff in pretty quick'
MarketsFarm — Despite an influx of snow across southern Manitoba, with more precipitation in the forecast for this week, a provincial pulse specialist isn’t too concerned about the potential for late planting of pulse crops. “The moisture is welcome, but it’s not the weather we would like to see at this time of the year. […] Read more
Farming behind the lines: Ukraine’s farmers sow amidst wreckage
Despite their best efforts, however, famine looms as war rages
In early April, Ukrainian soldiers expelled the Russian invaders from the northern regions of Ukraine: Kyiv, Chernihiv and Sumy regions. The wounded enemy left, leaving behind burned-out war machines and the unburied corpses of his soldiers. However, the invaders managed to do a lot of damage. Many of you are probably aware of the atrocities […] Read more
Ukraine grain storage shortage adds to farmers’ woes
Zurich | Reuters — Ukraine has insufficient storage capacity even for its reduced 2022 grain harvest, the United Nations’ World Food Programme said Tuesday, with the country struggling to export existing stocks during the invasion by Russia. Jakob Kern, the World Food Programme’s emergency co-ordinator in Ukraine, cited estimates that 20 per cent of planted […] Read more
Argentina grains truck activity rebounds after strike lifted
Buenos Aires | Reuters — Argentine grains trucking activity has rebounded to near normal levels after a major strike last week, according to transport data and port sources, a relief to exporters in the world’s No. 1 shipper of processed soy and No. 2 for corn. Truckers agreed late last week to end a strike […] Read more
Brazil’s changing conditions threaten corn crop
MarketsFarm — Over the last three to four weeks growing conditions in Brazil have pulled a complete reversal — and that poses a serious threat to the country’s corn crop, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. The southern half of the country is now faced with wet conditions, while the […] Read more
U.S. grains: Corn futures above $8 on supply concerns
Ukraine war continues disrupting Black Sea grain exports
Chicago | Reuters — Chicago Board of Trade corn futures topped US$8 a bushel and reached their highest price in nearly a decade on Monday on concerns over unfavourable U.S. weather slowing plantings and the Ukraine war disrupting grain exports. Traders worry chilly weather hampering plantings this spring could potentially contribute to lower yields come […] Read more
U.S. livestock: CME hog futures top two-week high
Chicago cattle futures ease
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied to their highest price in more than two weeks on Monday, while live cattle and feeder cattle futures weakened. Hopes for increased domestic demand from summertime grilling and cookouts helped lift hog futures, analysts said. They added that surging grain and soybean futures raised […] Read more
Avian flu arrives in Saskatchewan poultry
More outbreaks also confirmed in Alberta, Ontario, Quebec
Highly pathogenic avian influenza has been confirmed in a poultry flock and a non-commercial flock in separate areas of Saskatchewan. The Canadian Food Inspection Agency said it confirmed high-path avian flu on Thursday in a small non-commercial flock in the RM of Moose Mountain, near Carlyle in the province’s southeast, and on Saturday in a […] Read more
Canadian Cattlemen Presents: Depth of Field
