Reuters — The U.S. Department of Commerce said Tuesday it would set preliminary duties on phosphate fertilizer imports from Russia and Morocco, after launching an investigation to determine if producers in these countries were receiving unfair subsidies. The department set preliminary duties of 23.46 per cent on imports from Morocco’s OCP Group and other producers […] Read more
U.S. puts duties on phosphate from Morocco, Russia
Klassen: Feeder market incorporates risk discount
Compared to last week, western Canadian yearling prices were unchanged; however, calves weighing 550 to 800 lbs. traded $3-$5 lower. The market for calves under 550 lbs. traded $5 lower to $3 higher. Early in the week, prices were showing some strength in the lighter weight categories but buying enthusiasm waned from Wednesday through Friday. […] Read more
U.S. livestock: Live cattle futures up two per cent
U.S. feedlot data, beef prices supportive
Chicago | Reuters — U.S. cattle futures closed higher on Monday, buoyed by Friday’s supportive monthly Cattle on Feed report, rising wholesale beef prices and strength on Wall Street tied to hopes for a COVID-19 vaccine, traders said. “All of the above (suggest) optimism for the meat market,” said Jason Roose, analyst and broker with […] Read more
Farmers retrieve beans from Global Grain
That will cut the amount of security money needed to cover what farmers are owed
The Canadian Grain Commission (CGC) is still tallying how much farmers are owed by Global Grain Canada Ltd. at Plum Coulee, Man. for dry beans they delivered to the firm but weren’t paid for. However, the potential for farmers not getting what they are owed has been reduced, CGC spokesman Remi Gosselin said in an […] Read more
Buhler pulls Farm King manufacturing back to Canada
Work to halt at Minnesota plant early next year
Winnipeg farm equipment maker Buhler Industries is relocating its Farm King manufacturing work back to Canada from the U.S. this winter. After consolidating its U.S. manufacturing this summer into one plant at Willmar, Minn., about 140 km west of Minneapolis, the company said Thursday it will also halt production at Willmar in early 2021. Buhler, […] Read more
Atlantic bubble disintegrates as COVID-19 cases rise
Toronto | Reuters — The “bubble” pact between Canada’s four Atlantic provinces has disintegrated in the face of rising COVID-19 cases across the country, as premiers in Prince Edward Island and Newfoundland and Labrador announced quarantine requirements for all travelers from outside their provinces on Monday. The two provinces joined in a so-called “bubble” with […] Read more
U.S. grains: Soy touches US$12 mark on Brazil weather
CBOT March corn, wheat also up
Chicago | Reuters — U.S. soybean futures climbed to US$12 a bushel on Monday for the first time in four years as dry conditions in parts of Brazil and Argentina stoked concerns about supplies of the oilseed, analysts said. Corn advanced, also lifted by worries about dryness in South America, and wheat futures followed the […] Read more
Most of Prairies already covered in snow
MarketsFarm — Most of the Canadian Prairies were already blanked in snow by late November, with the deepest snowpack in Alberta and Saskatchewan, according to data compiled by Environment Canada and the U.S. National Oceanic and Atmospheric Administration (NOAA). Aside from the Rocky Mountains and some areas around the Great Lakes, the U.S. was largely […] Read more
Britain, Canada agree on post-Brexit rollover trade deal
Tailor-made comprehensive pact expected to follow
London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
Prairie cash wheat: Bids post small gains across most of West
MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. Average CWRS (13.5 per cent […] Read more
Canadian Cattlemen Presents: Depth of Field
