MarketsFarm — While recent wet weather on the Prairies has helped bring down prices for feed grains, demand — or a lack thereof — has been another primary factor. “The rains have definitely affected (prices) a bit, but probably not to the extent demand has,” said Erin Harakal, trade manager for Agfinity at Stony Plain, […] Read more
Feed weekly outlook: Rains, demand keep bids down
U.S. grains: Corn, soy plunge on weather, broad commodities sell-off
CBOT wheat follows trend lower
Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more
U.S. livestock: Hogs limit down for second consecutive day
CME August cattle end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell by an exchange-imposed limit for a second consecutive session on Thursday as commodities declined broadly. Selling by index funds fueled losses in markets from hogs to cattle and corn, after the U.S. Federal Reserve signaled it might raise interest rates sooner than expected, […] Read more
Blue Cow comes to Pizza Pizza
Dairy Farmers of Canada branding to go on display
Pizza Pizza is the latest brand to sport Dairy Farmers of Canada’s “Blue Cow” certification-of-origin mark in its marketing, putting an old fight over the pizza chain’s cheese provenance to rest. DFC and Toronto-based, TSX-traded Pizza Pizza — which as of March 31 included 622 Pizza Pizza and 103 Pizza 73 outlets across eight provinces […] Read more
College farms, GFM Discovery Farm to get smarter together
Two Alberta colleges sign on for new CAAIN-backed network
A pair of Alberta college farms and Glacier FarmMedia’s Saskatchewan farm are the first to plug into a national network of “smart farms” to improve the ag sector’s smart technology experience. The Olds College Smart Farm will lead the Pan-Canadian Smart Farm Network, which will also include Glacier FarmMedia Discovery Farm at Langham, Sask. and […] Read more
Clean ag tech adoption fund open for applications
Intake open and ongoing for Agricultural Clean Technology Program
A federal program farmers can use to invest in “cleaner” on-farm equipment — including money specifically for more efficient grain dryers — is now taking applications. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced the $165.7 million Agricultural Clean Technology Program is “now open to applicants.” First launched in 2018 and earmarked for expansion under […] Read more
Second Cup owner to buy Milestones dining chain
Foodtastic plans to expand brand to Quebec
Future growth of the Milestones chain of grill-and-bar restaurants across Canada will take place under different ownership. Vaughan, Ont.-based Recipe Unlimited, owner of fast-casual and dining chains such as Swiss Chalet, The Keg, Harvey’s, St-Hubert and Montana’s, announced Monday it will sell the Milestones chain to Foodtastic, owner of the Second Cup and Nickels Deli […] Read more
BHP delaying decision on Saskatchewan potash project
Jansen mine decision to be delayed by a few months
Melbourne | Reuters — BHP Group expects to present its board with a decision on whether to proceed with its Jansen potash project in Saskatchewan in a few months’ time — rather than mid-year — after choosing between two port options, an executive said on Thursday. The world’s biggest miner has estimated the project at […] Read more
ICE weekly outlook: Weather, soy complex weaken canola
MarketsFarm — Wet weather on the Prairies and U.S. northern Plains has brought downward pressure on ICE Futures canola prices, taking the market off the contract highs hit in early June. Losses in palm oil and soyoil were also bearish. While precipitation, or the potential of it falling over canola-growing areas in Western Canada and […] Read more
CBOT weekly outlook: Weather market expected for rest of month
MarketsFarm — The weather is just one of the factors guiding futures values at the Chicago Board of Trade (CBOT), according to Terry Reilly, grains analyst for Futures International in Chicago. As prices have fluctuated with hot and dry weather interrupted by rain, Reilly noted there’s more to the ebbs and flows than the latest […] Read more
Canadian Cattlemen Presents: Depth of Field
