Daily news Archive | Page 2 of 1877

Hog market at seasonal lows, turnaround expected

MarketsFarm — The Canadian hog market may be at its seasonal lows, but tightening worldwide supplies should underpin values over the next few months. “We’re at a seasonal time of year when prices move lower,” said Brad Marceniuk, livestock economist with Saskatchewan Agriculture, pointing to higher U.S. slaughter numbers and a slowdown in North American […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Pea harvest nearly complete

By Marlo Glass 2 days ago

MarketsFarm — Canada’s pea crop is almost totally off the fields, but quality remains a question. “Farmers are wrapped up with harvesting right now, so we haven’t received many samples,” said Marcos Mosnaim of Globeways Inc. in Missisauga. The few samples the company has seen have shown good conditions, but it’s not a large enough […] Read more

General, Markets

Food, farming not expected to be big election issues

By John Greig 2 days ago

Canadians don’t think that food and agriculture will be a significant issue in the current federal election. A survey conducted Sept. 9 and released Tuesday by Angus Reid Global with the support of Dalhousie University’s Agri-Food Analytics Lab shows 31 per cent of Canadians believe food and agriculture will be a prime electoral issue during […] Read more

Crops, Markets, Reuters

U.S. grains: Corn sinks on weather, retreating crude oil

By Karl Plume 2 days ago

Chicago | Reuters — U.S. corn futures fell on Tuesday for the first time in four sessions on better-than-expected U.S. crop conditions and as crude oil prices, which fuelled the prior session’s rally, retreated. Soybeans also declined, despite the announcement of more sales to top importer China, as forecasts for continued warm weather across much […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs fall from gains as cash prices ease

By Tom Polansek 2 days ago

Chicago | Reuters — U.S. lean hog futures tumbled on Tuesday, with the most-active contract dropping by the daily maximum, due to weak cash prices and technical selling, traders said. Pork cutout values eased for carcasses, loins, bellies and other products, according to U.S. Department of Agriculture estimates. December lean hog futures dropped the daily […] Read more

Crops, Markets, Weather

Manitoba sunflowers not calling it quits just yet

By Phil Franz-Warkentin 3 days ago

MarketsFarm — Manitoba farmers may have seeded the smallest sunflower acres in eight years this spring, but the crop is in reasonably good shape heading into the harvest later in the fall. “I do expect to see better crops this year than last year,” said Cody Burton, purchasing manager with Nestibo Agra at Deloraine, Man. […] Read more

Crops, Machinery, Markets

Canada’s fuel prices to rise after attack in Saudi Arabia

By Marlo Glass 3 days ago

MarketsFarm — Following an attack on two major oil facilities in Saudi Arabia, consumers can expect a small rise in fuel prices in the days to come. The attacks on Saturday hindered the production of about 5.7 million barrels of oil per day. On Monday morning, crude oil prices were up by about 10 per […] Read more

Canola, Crops, Markets

Funds’ canola short position up, for now

By Phil Franz-Warkentin 3 days ago

MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), 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 came in Tuesday at 73,025, an increase of about 7,000 […] Read more

Crops, Reuters

Trump backs plan boosting biofuel quotas 10 per cent in 2020

By Jarrett Renshaw, Stephanie Kelly 3 days ago

New York | Reuters — U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. The plan is intended to […] Read more

Crops, Markets, Reuters

U.S. grains: Corn firms as oil rally offsets Midwest weather

By Karl Plume 3 days ago

Chicago | Reuters — U.S. corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs of easing U.S.-China trade tensions also buoyed the market after confirmation on Monday of more Chinese purchases of U.S. soybeans that triggered a rally last […] Read more

Soybean cyst nematode confirmed in Manitoba

Safety advocates sound alarm over new U.S. hog slaughter rules

Tim Hortons retreats from Beyond

GFM Network News