Chicago soybean futures on Thursday plummeted from the previous session's 10-month high, pressured by a sharp drop in soyoil caused by concerns over U.S. biofuel targets, traders said.
Daily News
U.S. grains: Soybeans drop from 10-month high as biofuel guidance pressures soyoil
New agriculture minister hopes to engage farmers
Heath MacDonald says interprovincial trade and Pest Management Regulatory Agency reform are among his priorities
New federal agriculture minister Heath MacDonald hopes to engage farmers across Canada on the issues that matter most.
Feed Grain Weekly: Barley still in demand at feedlots
Barley prices to stay put for now: trader
Feed barley is still in demand at feedlots in Lethbridge, but prices will remain steady for the time being, according to a Saskatoon-area trader.
Seeding at halfway mark in Saskatchewan
Good weather aids planting
Favourable weather has allowed Saskatchewan farmers to make good seeding progress, with 49 per cent of intended acres in the ground as of May 12, according to the latest provincial report. That's up from 31 per cent the previous week and compares with the five-year average of 32 per cent.
Deere tops second-quarter estimates, trims annual profit forecast
Shares up five per cent
Deere & Co cut the lower end of its annual profit forecast on Thursday but topped Wall Street expectations for second-quarter results aided by cost-saving measures and inventory management, sending its shares up five per cent.
New ag minister named for Newfoundland and Labrador
Hogan appoints Labrador MHA Lisa Dempster to post
Lisa Dempster, the MHA for the southeastern Labrador riding of Cartwright-L'Anse au Clair, was sworn in on May 9 as the province's minister for fisheries, forestry and agriculture.
Anthrax found in Saskatchewan cattle
Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
Lab results have confirmed that cattle in northwestern Saskatchewan died of anthrax.
U.S. livestock: CME cattle futures backtrack from record highs
Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.
Industry welcomes Heath MacDonald as new agriculture minister
Agriculture groups across Canada are congratulating Heath MacDonald on his new role as federal agriculture minister.
ICE canola weekly outlook: Biofuel optimism provides boost
Futures hit 18-month highs
ICE Futures canola contracts climbed higher during the week ended May 14, hitting their best levels in 18 months as proposed changes to biofuel policies in the United States lent support.
Canadian Cattlemen Presents: Depth of Field
