Crops , Latest & Featured - Canadian Cattlemen

StatsCan confirms smaller canola crop

By Phil Franz-Warkentin August 28, 2019

MarketsFarm — Statistics Canada’s first production estimates for the 2019-20 crop, released Wednesday, were generally in line with expectations, although upward revisions are likely in subsequent reports. The agency’s production of principal field crops report was “bang on with expectations across the board,” according to Ken Ball of PI Financial in Winnipeg. While both the […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpeas appear OK, but prices soft

By Phil Franz-Warkentin, GFM Network News August 27, 2019

MarketsFarm — Canada’s chickpea crop has likely beaten earlier expectations — but poor prices may limit farmer sales come harvest. “We planted the crop in drought conditions” and were preparing for the worst, said Colin Young of Midwest Grain at Moose Jaw, Sask., pointing to the lack of subsoil moisture in key chickpea-growing regions of […] Read more

Crops, Markets, Reuters

U.S. grains: Soy slumps on improved crop rating

By Tom Polansek, GFM Network News August 27, 2019

Chicago | Reuters –– U.S. soybean futures retreated on Tuesday on improving crop prospects and a lack of progress in trade talks with China, the world’s top importer of the oilseed, traders said. Prices took a hit after soybeans climbed on Monday on short covering and hopes for easing tensions in the trade war between […] Read more

File photo of a Richardson Pioneer concrete elevator. (Dave Bedard photo)

Crops

Richardson to replace northernmost grain elevator

By GFM Staff August 27, 2019

Grain handler Richardson Pioneer plans to replace the northernmost grain elevator in its Prairie network by next fall. The arm of Winnipeg’s Richardson International said Monday it has started construction on a new elevator at High Level in northwestern Alberta, about 200 km south of the province’s border with the Northwest Territories. The new facility, […] Read more

Crops, Machinery

Manitoba Tories pledge to pump up biofuel content

By GFM Staff August 27, 2019

Manitoba’s incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province’s farmers. The party noted its biofuel promise […] Read more

Crops, Markets, Weather

Hemp yield uncertain ahead of harvest

By Marlo Glass – MarketsFarm August 27, 2019

MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that were licensed,” said Ted Haney, […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybean futures rise as trade tensions ease

By Tom Polansek August 26, 2019

Chicago | Reuters — U.S. soybean futures rose on Monday as President Donald Trump predicted a trade deal with China, cooling fears about escalating tensions with the top importer of the oilseed. Traders grew hopeful that the world’s two largest economies could move toward an agreement to end their trade war as Trump said he […] Read more

Canola, Crops, Markets

Bearish bets decline in canola

By Phil Franz-Warkentin August 26, 2019

MarketsFarm — While speculators were increasing bearish bets for Chicago soybeans and corn during the week ended Tuesday, canola traders were taking back some of their large net short positions. According to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC), the net managed money short position in canola […] Read more

KFC is test-marketing plant-based nuggets and wings at one of its U.S. outlets in Altanta. (Global.kfc.com)

Crops, Poultry/Eggs, Reuters

KFC to test plant-based nuggets, wings

By Reuters August 26, 2019

Reuters –– Yum Brands said on Monday it will be testing plant-based nuggets and boneless wings at an Atlanta KFC restaurant, the latest fast-food chain trying new options to attract vegan diners. The quick-service fried chicken restaurant will nationally roll out the vegan menu items, produced by U.S. processor Beyond Meat, based on the customer […] Read more

An aerial view of Orangeline Farms. (CNW Group/Mucci Farms)

Crops, Fruit/Vegetables

Grower of Zing peppers under new ownership

By GFM Staff August 25, 2019

A major greenhouse vegetable grower in southernmost southern Ontario is expanding its reach in the region. Mucci Farms, based at Kingsville, just west of Leamington, announced Wednesday it has bought a controlling stake in Leamington-based Orangeline Farms, the grower of Zing Healthy Foods greenhouse peppers. Financial details weren’t disclosed in Mucci’s release Wednesday, but CBC […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Daily Network News