MarketsFarm — The chickpea market in Western Canada is undergoing a correction, according to the manager of a pulse buying and processing company in Saskatchewan. With the exception of Desi chickpeas, all varieties of the pulse have seen prices go down two to five cents per pound over the past month, according to Prairie Ag […] Read more
Pulse weekly outlook: Chickpea prices reverse direction
Markets correcting lower, buyer says
Highs may be in on flax as attention turns to new crop
MarketsFarm — The highs may be in for flaxseed bids in Western Canada, with end-users covered for the time being as attention turns to the 2022 crop. “(Canadian flax) is expensive relative to other markets,” said analyst Marlene Boersch of Mercantile Consulting, speaking via Zoom in Winnipeg on Tuesday to the annual Crop Production Week […] Read more
Taliban increase payment in wheat as economic crisis deepens
Kabul | Reuters — Afghanistan’s Taliban administration said on Tuesday it was expanding its ‘food for work’ program, in which it uses donated wheat to pay thousands of public sector employees instead of cash as a financial crisis intensifies. Wheat, largely donated by India to the previous U.S.-backed Kabul government, is being used to pay […] Read more
Klassen: Feeder markets start 2022 with a roar
Compared to late December, western Canadian yearling prices were quoted $6-$8 higher on average; however, fancier, lower flesh packages in the 850- to 900-lb. category were $10-$12 higher. Calf markets were quite variable. Early in the week, calf prices were relatively unchanged but markets were up $3-$6 by Friday. Ontario buyers were extremely aggressive last […] Read more
U.S. livestock: Cattle, hogs sag on Wall Street woes, worker shortages
Chicago | Reuters — Chicago Mercantile Exchange lean hog and live cattle futures closed lower on Monday, pressured by declines on Wall Street along with slowdowns at slaughterhouses due to worker shortages, traders said. CME February live cattle futures settled down 1.075 cents at 136.25 cents/lb., while March feeder cattle futures ended down 1.325 cents […] Read more
India to allow imports of U.S. pork and products
Washington | Reuters — India has agreed to allow imports of U.S. pork and pork products into India, removing a longstanding barrier to U.S. agricultural trade, U.S. Trade Representative Katherine Tai and Agriculture Secretary Tom Vilsack said on Monday. “India’s agreement to allow U.S. pork imports for the first time is great news for U.S. […] Read more
Maryland man recovering after ‘breakthrough’ pig-heart transplant
Hog's genes edited to reduce rejection risk
Chicago | Reuters — A U.S. man with terminal heart disease was implanted with a genetically modified pig heart in a first-of-its-kind surgery, and three days later the patient is doing well, his doctors reported on Monday. The surgery, performed by a team at the University of Maryland Medicine, is among the first to demonstrate […] Read more
U.S. aims to double cover crop planting to address climate change
Farmers in 11 states to be eligible for program
Chicago | Reuters — The United States aims to double the country’s cover crop plantings to 30 million acres by 2030 under a new Department of Agriculture (USDA) conservation program launched on Monday. The agency’s Natural Resources Conservation Service (NRCS) will spend US$38 million to help farmers in 11 states plant crops at a time […] Read more
U.S. grains: Soy, corn sag on South American weather outlooks
Wheat firms
Chicago | Reuters — U.S. soybean and corn futures fell on Monday on forecasts calling for much-needed rains in dry areas of South America, along with long liquidation ahead of several key U.S. government reports due at mid-week, analysts said. Wheat futures firmed on short-covering and the unwinding of inter-market spreads. Chicago Board of Trade […] Read more
Yara to stop buying potash from Belarus due to sanctions
Fertilizer firm buys 10-15 per cent of country's potash output
Oslo | Reuters — Norwegian fertilizer maker Yara said on Monday it will wind down purchases of potash from Belarus by April 1 as international sanctions made it impossible to continue the trade. Yara estimates that it buys 10-15 per cent of the annual output of state-owned Belaruskali, one of the world’s largest producers of […] Read more
Canadian Cattlemen Presents: Depth of Field
