Crops , Latest & Featured - Canadian Cattlemen

CCGA now accepting upgraded cash advance applications

By GFM Staff June 7, 2019

Farmers can start applying for the new, higher cash advances from the Canadian Canola Growers Association (CCGA), starting Friday (June 7). “It’s three days earlier than we planned, but our team has been working very hard, along with program officials, to get this enhanced service in the hands of the hundreds of farmers who have […] Read more

Emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)

Crops, Markets, Reuters, Spring Wheat

Canadian wheat sales to China hit 14-year high despite dispute

By Karl Plume, Rod Nickel, GFM Network News June 6, 2019

Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more

A+W’s Beyond Meat Burger. (A+W/CNW Group)

Crops, Pulses, Reuters

Beyond Meat sees sales more than doubling in 2019

By Nivedita Balu, Tina Bellon June 6, 2019

Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all figures US$), with break-even earnings, […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets, Weather

Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies

By Phil Franz-Warkentin June 6, 2019

MarketsFarm — Tight old-crop supplies and mounting weather concerns over new-crop production are keeping feed grain prices well supported in Western Canada as end-users work to ration supplies. “We’ve seen a very real weather market emerge in the last few weeks,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., pointing to wet conditions hampering […] Read more

A crenellated walkway on top of the Great Wall of China. (Cia.gov)

Crops, Reuters, Soybeans

Canada frets about potential Chinese crackdown on more exports

By David Ljunggren, Kelsey Johnson June 6, 2019

Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Thursday he was concerned that China could broaden its crackdown on Canada’s exports, and that he might seek a meeting with Chinese President Xi Jinping later this month. China has already blocked imports of Canadian canola seed and looks set to boost customs examinations […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Wheat rebounds on weather abroad

By P.J. Huffstutter June 6, 2019

Chicago | Reuters — Chicago wheat futures rose on Thursday, rebounding after two days of deep losses, with support from dry weather that is expected to reduce yields in Russia and Australia. Traders said they are monitoring wet conditions in the southern U.S. Plains and Midwest that threaten winter wheat quality, as well as the […] Read more

A sunflower crop in Manitoba. (MysticEnergy/Getty Images)

Crops, Markets, Weather

Sunflowers doing well despite drought

By Marlo Glass – MarketsFarm, GFM Network News June 5, 2019

MarketsFarm — Though many producers bemoan current drier-than-normal springtime conditions across the Prairies, sunflower crops are primed for a good year. “As long as there’s enough moisture to germinate, they immediately grow a really deep root system,” said Ben Friesen of Scoular Canada. While Statistics Canada estimated the 2019 sunflower acreage to remain pretty much […] Read more

CBOT July 2019 soybeans (candlestick chart) compared to July 2019 soybeans (orange line chart). (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather, trade wars keep futures volatile

By Marlo Glass – MarketsFarm June 5, 2019

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more

Crops, Markets, Reuters

U.S. grains: Futures plummet on Midwest weather, profit-taking

By P.J. Huffstutter June 5, 2019

Chicago | Reuters — U.S. grain futures plummeted across the board on Wednesday, as fears eased about the potential for rain damage to the wheat crop and forecasts of warmer temperatures in the U.S. Midwest opened a narrow planting window for soybean farmers. The burgeoning U.S.-Mexico trade fight added pressure to corn futures, despite a […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Opportunities ahead for dry beans

By Marlo Glass – MarketsFarm, GFM Network News June 5, 2019

MarketsFarm — Ongoing trade wars between the United States, Europe, and China may open the door to new markets for Canadian edible beans. According to reports, the European Union is bracing for tariffs from the U.S. on billions of euros worth of European goods, adding to the litany of other global trade wars. If trade […] Read more

Daily Network News

U.S. livestock: Feeder cattle rise to new highs on tight supply, strong cash prices

U.S. grains: Soybeans slip on profit-taking, China trade worries

Ample supplies and improved livestock sector to boost Canadian feed sector: FCC

Crops

CCGA now accepting upgraded cash advance applications

Canadian wheat sales to China hit 14-year high despite dispute

Beyond Meat sees sales more than doubling in 2019

Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies

Canada frets about potential Chinese crackdown on more exports

U.S. grains: Wheat rebounds on weather abroad

Sunflowers doing well despite drought

CBOT weekly outlook: Weather, trade wars keep futures volatile

U.S. grains: Futures plummet on Midwest weather, profit-taking

Pulse weekly outlook: Opportunities ahead for dry beans

Canadian Cattlemen Presents: Depth of Field

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