Exports of Prince Edward Island table stock potatoes are again officially allowed to enter the mainland United States, after new U.S. entry rules regarding potato wart were published Friday. Canada’s federal Agriculture Minister Marie-Claude Bibeau said on Twitter that officials with the Canadian Food Inspection Agency (CFIA) are now preparing to certify exports of eligible […] Read more
P.E.I. table stock potato exports to U.S. now allowed
New U.S. order replaces previous requirements; seed potatoes still blocked
Putin ally warns agriculture supplies could be limited to ‘friends’
Reuters — One of Russian President Vladimir Putin’s allies warned on Friday that Russia, a major global wheat exporter, could limit supplies of agriculture products to “friendly” countries only, amid Western sanctions imposed on Moscow over the Ukraine crisis. Dmitry Medvedev, who served as president from 2008 to 2012 and is now deputy secretary of […] Read more
Prairie cash wheat: Peace talks, USDA report pull on wheat futures
MarketsFarm — While peace prospects in Ukraine brought pressure onto wheat futures early on, a U.S. Department of Agriculture report caused the prices for two major western Canadian wheat varieties to close at different levels for the week ended Thursday. On the Chicago Board of Trade (CBOT), wheat futures declined when talks between Russia and […] Read more
U.S. grains: Soy extends slide, corn mixed
CBOT wheat continues lower
Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago […] Read more
U.S. livestock: CME hogs, cattle ease on profit-taking
Rising corn values pressure feeder cattle
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange fell on Friday on follow-through technical selling one day after the benchmark June contract closed lower in a huge reversal from a life-of-contract high. CME benchmark June lean hogs settled down 0.175 cent at 120.40 cents/lb., retreating farther from the contract high set […] Read more
CP disputes TSB’s conclusions on fatal grain train crash
Safety board urges automatic parking brakes, 'enhanced' brake testing for conditions
The federal Transportation Safety Board’s report into the fatal derailment of a Canadian Pacific Railway (CP) grain train in the Rocky Mountains in 2019 calls for changes to train braking systems and maintenance. CP, however, is questioning the TSB’s conclusions about the braking performance of the train involved, saying those conclusions are “based on inappropriate […] Read more
Top court affirms hefty fine for man behind Quebec maple syrup heist
Back to prison if fine not paid in 10 years
Reuters — The man behind a decade-old maple syrup heist in Quebec will have to pay a $9 million fine, Canada’s top court said on Thursday, upholding an earlier ruling by a lower court. A group of people in Quebec siphoned off maple syrup worth over $18 million from a reservoir and replaced it with […] Read more
U.S. livestock: CME lean hogs retreat off contract highs
Corn's climb drags on cattle futures
Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange closed lower on Thursday, shrugging off early support from a bullish U.S. government hog inventory report as traders appeared to focus instead on profit-taking at the end of the quarter and disappointing wholesale pork prices, traders said. CME benchmark June lean hogs settled […] Read more
U.S. grains: Soybeans hit one-month low on record acreage view
Chicago corn futures, MGEX wheat up
Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Thursday after the U.S. Department of Agriculture (USDA) projected farmers would plant the most acres on record to the oilseed this spring while reducing corn acres. Corn futures rose on the acreage outlook, with the Chicago Board of Trade (CBOT) […] Read more
Feed weekly outlook: Corn prices steady, growers watch weather
MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set […] Read more
Canadian Cattlemen Presents: Depth of Field
