harvest Archives | Canadian Cattlemen

Zimbabwe says grain stocks running out after drought

By Reuters 2 days ago

Harare | Reuters — Zimbabwe has only 100,000 tonnes of grain in its strategic reserves, enough to last just over a month, as the southern African nation suffers the effects of a severe drought, according to the agriculture minister. More than half the country’s population faces food shortages after maize harvests halved last year. The […] Read more

Crops, Machinery, Weather

Green Party backs grain drying exemption from carbon tax

By GFM Staff 5 days ago

One of the federal opposition parties in full favour of carbon pricing is lending its support to calls by farm groups for a carbon tax break for grain drying. Vancouver Island MP Paul Manly, the Green Party’s caucus critic for agriculture, announced the party’s position Monday. “We support the grain producers of Canada in their […] Read more

Crops, Machinery, Weather

Prairie provinces react to Bibeau’s questions on carbon price impact

By D.C. Fraser January 9, 2020

Ottawa — The Saskatchewan and Manitoba governments continue attempts to convince the federal government’s carbon pricing program puts farmers at a disadvantage. Federal Agriculture Minister Marie-Claude Bibeau recently suggested the carbon pricing system may not be disadvantaging farmers, questioning the impact of carbon pricing on agriculture, but saying she will continue to seek out more […] Read more

Crops, Markets, Reuters

U.S. grains: Prices narrowly mixed as traders assess Mideast risk

By P.J. Huffstutter January 8, 2020

Chicago | Reuters — Chicago soybean and grain futures were narrowly mixed on Wednesday as traders’ jitters eased after Iran and the United States signalled a de-escalation of tensions after an Iranian missile attack against U.S. forces in Iraq. Investors also continued to square positions ahead of a key U.S. Department of Agriculture (USDA) crop […] 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

Crops, Markets, Pulses

Pulse weekly outlook: Balance sheet tightening

By Phil Franz-Warkentin December 9, 2019

MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government […] 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

Canola, Crops, Markets

ICE weekly outlook: Canola steady, awaits news

By Phil Franz-Warkentin December 4, 2019

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 deadline that will see the […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat futures drop sharply

By Mark Weinraub December 3, 2019

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in […] Read more

Crops, Reuters

CBOT weekly outlook: Impeachment process stifles markets

By Marlo Glass – MarketsFarm November 20, 2019

MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more

Bargain hunters fire up rally in cannabis stocks

Roundup cancer trial postponed to continue settlement talks

Canadian canola crush sets new monthly record

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