Chicago | Reuters — Chicago Mercantile Exchange live hog futures rose to their highest since July 2019 on Tuesday, underpinned by strong demand. Cattle futures weakened for the fourth time in five days, with the most-active April live cattle contract sinking to a one-month low as activity at meat processors picked up with improving weather […] Read more
U.S. livestock: Hog futures rise to highest since July 2019
April cattle dip to below 30-day moving average
Klassen: Feeder cattle demand surges
Cow-calf producers already thinking spring
Compared to last week, western Canadian yearlings sold $3-$5 higher while calves traded $6 to as much as $10 higher. The return of moderate temperatures enhanced buying enthusiasm across the Prairies. Strength in deferred live cattle futures appeared to offset strong feed grain values. Yearling prices were rather soft through January and the first half […] Read more
Canada hails new WTO chief
Trade body names first African, and first female, DG
Canada is lending its support to the World Trade Organization’s (WTO) choice for its new director general. Ngorzi Okonjo-Iweala was chosen Feb. 15 by WTO members as the international trade body’s new head, making her the first woman and the first African to serve in the role. Mary Ng, Canada’s minister of small business, export […] Read more
Arkansas confirms first-ever glufosinate-resistant broadleaf
Researchers find Palmer amaranth strains in two counties
Researchers in the southern U.S. have found what they say is the first broadleaf weed in the world to beat the active ingredient in BASF’s Liberty herbicide. The University of Arkansas last week announced its ag researchers had found glufosinate-resistant Palmer amaranth in crops in two eastern Arkansas counties across the Mississippi River from Memphis. […] Read more
U.S. grains: Wheat, soy, corn futures rise
Still remain below multi-year peaks
Chicago | Reuters — U.S. wheat futures rose on Monday, led by a 2.2 per cent gain in the benchmark Chicago Board of Trade May soft red winter wheat contract, as traders focused on the condition of the crop after severe cold snaps in key growing regions. “Wheat is receiving some support from cold weather […] Read more
U.S. livestock: Live cattle futures fall as supplies seen rising
April lean hogs up from Friday
Chicago | Reuters — U.S. live cattle futures fell on Monday, pressured by expectations of rising supplies as improving weather conditions in the southern U.S. Plains will allow meat processors to increase their slaughter, traders said. A deep freeze last week across Texas and the southern U.S. Plains caused power failures that shut down meat […] Read more
Budget could include new BRM program, ag labour plan
Proposal for 'AgriResilience' program goes to Freeland
A new pre-budget report from the House of Commons’ finance committee is recommending several measures directly related to agriculture — including sought-after tweaks to AgriStability and creation of an entirely new business risk management program. The multipartisan committee heard testimony and received submissions from more than 800 groups and individuals. Mostly-virtual meetings took place in […] Read more
Advisory council named to steer national Food Policy
Development of Canada’s Food Policy is taking a major step forward with the naming Friday of a new advisory council featuring industry, academic and government members tasked with guiding the policy. Public consultations on a “Food Policy for Canada” started in 2017, leading to the release of a 2018 report from Agriculture and Agri-Food Canada […] Read more
U.S. grains: Soybeans rise as USDA projects tight supplies into 2022
Wheat slumps on profit taking, nearby corn also slips
Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more
U.S. livestock: Live cattle end week lower
Hogs down on Olymel's plan to ship Canadian hogs south
Chicago | Reuters — U.S. live cattle futures rose on Friday, but failed to end the week higher as a cold snap across the U.S. Plains and into Texas hampered slaughterhouses and backed up cattle, traders said. “There’s still a big mess,” said Dennis Smith, commodity broker at Archer Financial. “The good news is, the […] Read more
Canadian Cattlemen Presents: Depth of Field
