Markets
As we look toward 2024-25 markets, it would be helpful to have a crystal ball to see into the future and learn who will win the American presidential election in November. As it stands, the race is tight and the prospect of Donald Trump returning to the White House is possible. In the world of […] Read more
Markets
Inability to measure sustainability hinders action: McCain
Maple Leaf Foods president says farmers and corporations frustrated over the inability to measure sustainable farming
OTTAWA — Farmers hear a lot of talk about sustainability but that’s often all they witness — talk, but not much walk. It’s a frustration not only for farmers but also the commercial powers that see potential in sustainable agriculture but an inability to get it recognized. To Maple Leaf Foods’ president and chief executive officer […] Read more
European farmers have not embraced green policies
International trade observer points out complex relationship between the EU and its national governments and producers
REGINA — The push for more sustainable agriculture policies in Europe is accentuating the complex relationship between member states and the European Commission, said a trade expert based in Brussels. Christina Kaul from Trade-Up, a network of international trade experts, said North Americans might view the EU as one big block but there is tremendous […] Read more
Brazil sends rare soybean shipments to U.S.
REUTERS — At least three U.S.-bound cargo ships are preparing to load with soybeans at two ports in northern Brazil in the first such bulk shipments since last summer, according to shipping data seen by Reuters. The unusual shipments from Brazil, the top global soy supplier, to the United States, the No. 2 exporter, are […] Read more
Hot summer looms as El Nino moves to La Nina
HOUSTON, Texas — John Baranick has the unenviable task of coming up with a weather forecast for the United States during a period of uncertainty. The world will be transitioning from a super El Nino weather event to a La Nina event this spring and summer. Related stories: Volcanoes can have complex effect on weather […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $58.71 March 1. It was $56.50 Feb. 23. U.S. hogs averaged $72.67 on a carcass basis March 1, up from $71.49 Feb. 23. The U.S. pork cutout was $94.45 per hundredweight March 1, up from $91.16 Feb. 23. The estimated U.S. weekly slaughter-March […] Read more
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 prices rally The market is past peak yearling numbers, and supplies will now moderate. Fed prices […] Read more
Rising U.S.-Chinese tensions raise concerns about trade
HOUSTON, Texas — The trade relationship between China and the United States is deteriorating and poses a threat for U.S. farmers, say analysts. “They are shifting away from the United States rather than sending their money here,” StoneX chief economist Arlan Suderman said during a live taping of the U.S. Farm Report at the 2024 […] Read more
Corn, soy futures may have bottomed out
HOUSTON, Texas — Grain analysts believe corn and soybean futures prices have bottomed out. DTN lead analyst Todd Hultman told growers attending the 2024 Commodity Classic conference that corn ending stocks in the United States are forecast to be about the same level they were in the 2015-20 period. Related stories: Corn and soybean prices […] Read more
Corn and soybean prices may be ready to rally
An analyst points to 'strong evidence' for higher old crop prices; booming renewable diesel industry seen as a positive
HOUSTON, Texas — Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist. That would also be good for Canadian grain and oilseed prices if it happens. The highest corn prices so far this year occurred during the first two days of January, and they […] Read more
