Markets
Hogs The U.S. national live price average for barrows and gilts was $66.70 May 24, down from $67.60 May 17. U.S. hogs averaged $86.64 on a carcass basis May 24, down from $88.57 May 17. The U.S. pork cutout was $99.14 per hundredweight May 17, down from $100.85 May 17. The estimated U.S. weekly slaughter […] Read more
Markets
WP livestock report
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed price sets record Weighted average steer prices closed slightly more than $260 per hundredweight last week, […] Read more
India’s high pulse target questioned
SASKATOON — India is unlikely to meet its robust pulse production targets for 2024-25, according to a leading analyst from that country. The proposed target is 29.9 million tonnes of kharif and rabi pulses, up from an estimated 23.44 million tonnes this year, according to a story that ran in the Hindu Business Line. Related […] Read more
VIDEO: Dutch greenhouse seed production aided by technology
World Seed Congress tours greenhouses responsible for developing new tomato, leafy green varieties
Glacier FarmMedia – Glacier FarmMedia’s John Greig is at the World Seed Congress in Rotterdam, the Netherlands. Watch for his coverage in Glacier FarmMedia’s publications. The Netherlands is known for its greenhouses and its seed production. A tour on the third day of the World Seed Congress concentrated on both of those leadership positions for […] Read more
Lower canola exports to increase ending stocks
Agriculture Canada boosts ending stocks estimate, but analysts say it must go higher due to the ‘abysmal’ state of exports
SASKATOON — Agriculture Canada has increased its estimate for 2024-25 canola ending stocks, but analysts think it didn’t go far enough. Carryout was bumped to 2.5 million tonnes in the May outlook, up from 1.65 million tonnes in April. Related stories: That is due in a large part to an increase in carry-in, which is […] Read more
Black Sea region expected to produce more flax
The crop is faring better than others in Russia's drought-hit regions, and acreage is anticipated to be higher than last year
SASKATOON — Black Sea flax growers are hoping for a rebound year. Acreage is expected to be up in Russia, although there are no official numbers yet, said Sergey Pluzhnikov, head of sales for Temporia Capital Company and founder of Russian Pulses Analytics. Related stories: Russian farmers planted 3.46 million acres of the oilseed last […] Read more
Plant-based protein sector learns from recent downturn
Industry officials say they have learned lessons from recent marketing challenges and remain positive about the future
Lessons have been learned from the downturn in the plant-based protein marketplace, including what could have been done differently when it came to marketing, product development and consumer expectations. Attendees heard that message during a panel of industry representatives in the plant-based ingredient space at the recent Agri Tech Venture Forum in Toronto. “The problem […] Read more
New project puts fababeans in the spotlight
Companies sign onto Protein Industries Canada initiative to boost plant protein, and fababeans are one of the stars
Glacier FarmMedia – A new $24.5-million project backed by Protein Industries Canada includes a group of plant protein companies working to tackle some of the sector’s biggest hurdles. The national cluster for protein is teaming up with Roquette, Prairie Fava, BioNeutra and Plant Up to improve innovation, come up with more diversified products and improve […] Read more
U.S. winter wheat crop looks good
Recent tour uncertain if projections will hold to end of the season
SASKATOON — The winter wheat crop in the United States is in better condition than the government is forecasting, according to a recent crop tour. After scouting 449 fields, primarily in Kansas, the tour came up with an average yield of 46.5 bushels per acre. “Our yields came in much higher certainly than I was […] Read more
China’s imports to determine prices
The USDA estimates that China's buying needs will jump by 2034, while a Chinese science academy says they will shrink
SASKATOON — China’s crop imports are forecast to be robust in the year ahead, but the Chinese government is predicting a major contraction over the next decade. The U.S. Department of Agriculture believes China will import a record 109 million tonnes of soybeans in 2024-25. Related stories: Corn imports are forecast at 23 million tonnes, […] Read more
