Three suspended pulse and special crop handling and processing companies are again licensed to move Canadian grain — but not to buy any. The Canadian Grain Commission announced Monday it has reinstated the licences for Globeways Canada Inc. and its subsidiaries: Canpulse Foods Ltd., a pulse and canary seed processor at Kindersley, Sask., and Global […] Read more
Suspended pulse crop handlers partly reinstated
Companies can't buy or receive more grain from growers
Klassen: Feeder market stabilizes on demand hopes
Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier; however, market reports were quite variable depending on the region and weight category. In most cases, prices for calves under 550 lbs. were $2 to as much as $10 higher while values in the heavier weight categories were $3 lower to $3 […] Read more
Seasonal forecast calls for more snow
MarketsFarm — Most of Canada should see above-normal snowfall over the next three months, according to updated seasonal forecasts released Monday from Environment Canada. Weather maps show a 40 to 60 per cent probability of more precipitation than normal across much of the country from December through February, with the heaviest accumulations expected in Quebec. […] Read more
U.S. fuel industry frazzled as EPA misses biofuel volumes deadline
COVID-19 fallout complicates process
New York | Reuters — The U.S. Environmental Protection Agency was set to miss a deadline Monday to announce how much renewable fuel the nation’s refiners must blend into their fuel mix next year, raising uncertainty in the fuel market and prompting one biofuel association to threaten to take the agency to court. Under federal […] Read more
StatsCan report to provide clarity on 2020 crop production
MarketsFarm — Market participants and producers will be looking to Statistics Canada’s principal field crop report, due out Thursday, for clarity regarding 2020 crop yields. “We’re looking to see how severely the heat damaged the crop, and how yield estimates were tempered later in the growing season,” said Jerry Klassen, an analyst in Winnipeg. Klassen […] Read more
U.S. grains: Wheat slides on Russian export prospects
Soybean, corn futures also dip
Chicago | Reuters — U.S. wheat futures fell more than three per cent on Monday on prospects that Russia, the world’s top supplier of the food grain, may raise its export quota, analysts said, along with long liquidation at the end of the month. Soybean and corn futures dipped as rains fell on parts of […] Read more
U.S. livestock: Lean hog futures gain on strong pork demand
Weak beef exports drag on live cattle futures
Chicago | Reuters — Lean hog futures gained on Monday as demand for pork keeps pace with strong production, traders said. Chicago Mercantile Exchange’s benchmark February lean hog futures contract settled 1.325 cents higher at 68.575 cents/lb. (all figures US$). “Demand must be good,” said Alan Brugler, president of Brugler Marketing. “Cold storage stocks continue […] Read more
India’s Modi refuses to back down on farm reforms despite protests
New Delhi | Reuters — Indian Prime Minister Narendra Modi on Monday resisted calls for the repeal of farm reforms that have ignited the biggest protests by farmers in years around the national capital, saying they were being misled and that deregulation would benefit them. Thousands of people from the big farming state of Punjab […] Read more
CNH to work with Microsoft, Accenture on ‘smart’ vehicles
Milan | Reuters — CNH Industrial has set up a five-year collaboration with Microsoft and Accenture to help it to develop “smart” and connected industrial vehicles, the Italian-American vehicle and equipment maker said on Monday. The programme, part of CNH Industrial’s digital transformation plans, is expected to help the group “achieve significant revenue growth,” the […] Read more
Tighter timeline set for dairy farmers’ trade pact compensation
Feather sector compensation pledged with $691 million in programs
Compensation to Canada’s supply-managed farmers, to offset domestic market share dealt away in two recent free trade pacts, will now move more quickly to dairy farmers — and will take the form of new programs for feather sectors. Federal Agriculture Minister Marie-Claude Bibeau on Saturday announced $1.405 billion in compensation, as pledged in August last […] Read more
Canadian Cattlemen Presents: Depth of Field
