Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle ended two cents lower at […] Read more
U.S. livestock: Cattle futures step back on demand uncertainty
February lean hog futures lower
Peru farm protests grip country, turn deadly
'There are no harvests, there is nothing'
Lima | Reuters — Protests by farm workers demanding better wages in Peru raged on for a fourth day Thursday, spreading north into key agricultural areas of the Andean nation, derailing harvests of some crops, snarling transport of produce and leaving at least one dead. Peruvian interim President Francisco Sagasti called the death of a […] Read more
U.S. grains: Soybeans up one per cent as soyoil climbs
Corn up; wheat declines on global supply outlooks
Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more
Thunder Bay port on pace for largest season in over 20 years
MarketsFarm — Shipping activity through the Port of Thunder Bay remained strong during November, with just over a million tonnes of grain moving through the facility on the northern shore of Lake Superior. Increased demand for Canadian grain in Europe, the Middle East and Africa has led the port to a 20-year high for cargo […] Read more
Canada’s canola harvest smallest in five years
Wheat crop a bin-buster, StatsCan report finds
Winnipeg | Reuters — Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year. Canola production looked set to reach 18.7 million tonnes, down 4.5 per cent from last year and below trade expectations. It was a […] Read more
Expansion underway on Brandon fertilizer terminal
More storage to be added at three-year-old facility
Federated Co-operatives (FCL) has started expansion work at its next-to-new fertilizer terminal in western Manitoba, to boost its capacity by almost a third. FCL announced Monday it has budgeted $5 million to add 9,000 tonnes of capacity at the Co-op Fertilizer Terminal at Brandon, bringing its maximum storage to 36,500 tonnes. Work began at the […] Read more
U.S. transport regulators reject ’emotional support animal’ status
Service dog status still protected; 'support' goats, turkeys, others up to airlines
Washington | Reuters — Only trained dogs qualify as service animals on U.S. airlines, as regulators rejected requests to extend legal protections to miniature horses, pigs, turkeys and other species, under final U.S. Transportation Department rules issued Wednesday. Airlines can still choose which other species to allow on board, but the rules issued on Wednesday […] Read more
Four-way Seeds Canada merger approved
Four organizations to amalgamate in February without CSGA on board
A merger of four Canadian seed industry organizations has been cleared to proceed without its fifth partner. Members of the Canadian Plant Technology Agency (CPTA), Commercial Seed Analysts Association of Canada (CSAAC), Canadian Seed Institute (CSI) and Canadian Seed Trade Association (CSTA) have voted in favour of amalgamation, the groups announced Wednesday. An inaugural board […] Read more
U.S. livestock: Live cattle futures gain on strong cash trade
CME lean hogs down off six-week high
Chicago | Reuetrs — Live cattle futures gained on Wednesday, supported by a firming cash cattle market as traders eye the consumer demand picture. Chicago Mercantile Exchange February live cattle futures added 0.75 cent to settle at 113.925 cents/lb. (all figures US$). Tighter cattle supplies could begin pushing cash markets higher, whittling away at historically […] Read more
U.S. grains: Soy futures sag on improving Brazil weather
CBOT March wheat rallies
Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of long liquidation and profit-taking, traders said. Wheat futures rose, rebounding on bargain buying a day after the benchmark Chicago Board of Trade (CBOT) March contract […] Read more
Canadian Cattlemen Presents: Depth of Field
