acres Archives | Canadian Cattlemen

CBOT weekly outlook: Trade optimistic ahead of Phase One signing

By Marlo Glass – MarketsFarm January 2, 2020

MarketsFarm — Agriculture commodities on the Chicago Board of Trade started the decade on a high note, thanks to general optimism regarding an impending trade deal between the U.S. and China. Phase One of the trade deal between the two countries is set to be signed at the White House on Jan. 15, according to […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade awaits solid details on ‘Phase One’

By Glen Hallick - MarketsFarm December 18, 2019

MarketsFarm — While optimism towards the ‘Phase One’ trade deal between the U.S. and China has continued, its initial impact on the Chicago Board of Trade (CBOT) has diminished, according to one trader. “I think the biggest thing is everyone is on hold wondering, is it real? The actual terms of this [agreement] are still […] Read more

Corn, Crops, Soybeans, Weather

StatsCan shows corn, soy output down across board

By GFM Staff December 9, 2019

Despite increases in Ontario’s harvested acres for both soybeans and corn, the province’s production of both crops in 2019 followed the rest of Canada’s lower in Statistics Canada’s latest estimates. StatsCan’s November estimates for production of principal field crops, released Friday, dropped Canada’s production of soybeans to six million tonnes, down 18.5 per cent from […] Read more

Crops, Markets, Weather

StatsCan report puts canola production at lowest since 2015

By Marlo Glass – MarketsFarm December 6, 2019

MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased […] Read more

Crops, Markets, Reuters

U.S. grains: CBOT wheat surges to five-month high

By P.J. Huffstutter November 29, 2019

Corrected, Nov. 30 — Chicago | Reuters — Chicago wheat futures exploded to a five-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said. The wheat rally gave support to Chicago corn futures, which hit a three-week high on the […] Read more

Canola, Crops, Reuters, Weather

Millions of acres of canola freeze, compound ‘harvest from hell’

By Rod Nickel November 15, 2019

Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable […] Read more

Corn, Crops, Markets, Weather

Corn harvest a struggle for three U.S. states

By Glen Hallick - MarketsFarm November 13, 2019

MarketsFarm — With a significant amount of corn still in the fields on the U.S. northern Plains, the harvest may be grinding to a halt, according to MarketsFarm analyst Bruce Burnett. In particular, Burnett noted, the corn harvest has been further slowed by a propane shortage, which has caused issues for farmers trying to acquire […] Read more

Crops, Markets, Weather

Manitoba sunflowers not calling it quits just yet

By Phil Franz-Warkentin September 16, 2019

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

Barley, Crops, Markets, Weather

As harvest drags on, malt barley quality uncertain

By Phil Franz-Warkentin September 11, 2019

MarketsFarm — The quality of Canada’s 2019-20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the Canadian […] Read more

Crops, Potatoes

McCain to dial up fry production in New Brunswick

By GFM Staff September 8, 2019

The company behind about a quarter of the world’s frozen French fries plans to ramp up demand from New Brunswick potato growers with a line capacity upgrade at its recently expanded plant there. McCain Foods announced Aug. 27 it will put up another $12 million to add capacity to its Florenceville, N.B. plant’s French fry […] Read more

Starbucks to add more plant-based food in latest green push

U.S. grains: Corn, soy fall as traders await Chinese buying

U.S. livestock: Hogs, cattle ease amid uncertain Chinese demand

GFM Network News