Crops , Latest & Featured - Canadian Cattlemen

CBOT September 2019 corn (candlesticks) and MGEX September 2019 wheat (orange line). (Barchart)

CBOT weekly outlook: USDA’s acreage report could push up prices

By Glen Hallick June 26, 2019

MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures International in Chicago. Trade expectations […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn down on improved weather

By Barbara Smith June 26, 2019

Chicago | Reuters — U.S. corn futures fell for the first time in three sessions and soybeans fell for a second straight day on Wednesday, with prices weighed down by forecasts of dry weather in parts of the U.S. Midwest that lifted hopes for improved crop conditions. “This short-term warm weather can lead to a […] Read more

Crops, Markets, Weather

StatsCan: Less canola and durum, more barley and oats

By Phil Franz-Warkentin June 26, 2019

MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea market remains stable

By Marlo Glass – MarketsFarm, GFM Network News June 25, 2019

MarketsFarm — Chickpea prices have remained steady in Canada, despite inclement growing conditions in key chickpea-growing regions. The stability is mainly due to a global supply glut, with large carryout volumes from previous years combined with high acreage numbers in Canada, the U.S. and Australia. Statistics Canada estimated Canadian producers will dedicate just over 300,000 […] Read more

Crops, Markets, Reuters

U.S. grains: Corn up as crop ratings ease

By Barbara Smith, GFM Network News June 25, 2019

Chicago | Reuters — Chicago corn futures rose for a second straight day on Tuesday after the U.S. Department of Agriculture said the condition of U.S. crops deteriorated last week following rain, although gains were pared late in the session on improving weather. Soybeans turned lower on forecasts for a window of warmer and drier […] Read more

Crops, Markets, Reuters

U.S. CFTC awards nearly US$2.5 million to Cargill whistleblower

By Reuters June 25, 2019

Chicago | Reuters — The U.S. Commodity Futures Trading Commission has awarded about US$2.5 million to a whistleblower in a 2017 case against global grain trader Cargill over alleged violations in how it handled trades, the agency said Tuesday. The award, while significant in size, was reduced “because of the whistleblower’s delay in reporting” the […] Read more

Crops, Pasture, Reuters, Weather

Rain gives farmers relief, for now, from three-year drought

By Rod Nickel June 25, 2019

Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. Long-awaited rains that swept the […] Read more

Canadian chain Pizza Pizza has added two plant-based options to its roster of pizza toppings. (CNW Group/Pizza Pizza Ltd.)

Crops

Pizza Pizza steps into plant-based proteins

By GFM Staff June 25, 2019

A Canadian pizza chain offering up vegan cheese and vegan crust options is now adding plant-based sausage substitutes to its menu. Toronto-based Pizza Pizza on Monday launched its Super Plant Pizza, billed as “the first plant-based protein topping recipe available on the menu.” The company said it partnered with Yves Veggie Cuisine and Greenleaf Foods’ […] Read more

Ardent Mills’ baking mix plant at Burlington, between Toronto and Hamilton, is now part of Michigan-based baking ingredient firm Dawn Foods. (ArdentMills.com)

Cereals, Crops

Ardent Mills sells Ontario bakery ingredient plant

By GFM Staff June 25, 2019

Flour miller Ardent Mills plans to push off further from the sweet baking ingredient business, with a deal to sell its southern Ontario ingredient mix plant. Denver-based Ardent said Monday it closed a deal the previous Friday to sell its Burlington, Ont. plant to U.S. bakery ingredient processor Dawn Foods. The deal’s financial terms weren’t […] Read more

Crops, Markets, Weather

Flexibility available for farmers on FCC loan payments

By GFM Staff June 24, 2019

Farm Credit Canada says it remains willing to work around the various forces majeures standing between its farmer clients and their cash flows this year. The Crown lending agency reiterated Monday it will work with customers “to come up with solutions for their operations on a case-by-case basis” in view of this spring’s weather worries […] 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

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