Markets
CHICAGO (Reuters) – Hundreds of cattle died in Iowa from extreme heat and humidity in late July, the state and livestock producers said, as the world recorded its hottest month ever. The deaths show the toll of severe weather on farm animals and food production. The losses further trim the U.S. cattle herd, which is […] Read more
Markets
WP livestock report
HOGS The U.S. national live price average for barrows and gilts was not available July 21 or July 14. U.S. hogs averaged $101.03 on a carcass basis July 21, up from $99.91 July 14. The U.S. pork cutout was $115.25 per hundredweight July 21, down from $115.55 July 14. The estimated U.S. weekly slaughter to […] Read more
Canfax report
Fed prices soften Western Canadian fed cattle prices continued to soften in the dog days of summer. This is not unusual. Between June and August, fed steer prices have softened in seven of the last 10 years and 13 of the last 20 years. Steers eased $1.50 per hundredweight lower to $238.47 per cwt., and […] Read more
Mostly moderate temperatures lessen impact of dryness
In a summer when all the headlines have been about heat waves around the world, it is a blessing that the main grain and oilseed producing areas of North America have mostly avoided extreme heat. The news items about the record number of days that Phoenix, Arizona, had highs above 43 C and the vicious […] Read more
Better understanding of marketing can unlock more value
When will farmers finally learn everything they need to know about marketing their crops? At what point has every farmer learned everything they need to know, or decided they’re just not going to bother with it? Surely there must be a saturation point at which the marketing gurus, advisers, instructors and columnists can just move […] Read more
Push for ‘glyphosate-free’ causes market risks
Glyphosate is registered for pre-harvest weed control in many Canadian crops. But with public and food industry attention on the herbicide, applying it to a crop in August is still a major market risk for farmers and Canada’s grain trade. For instance, it can be sprayed on pulse crops to control weeds, because maximum residue […] Read more
New tentative deal reached at west coast ports
(Reuters) — West coast dockworkers in Canada and their employers’ association have reached a settlement agreement, the parties said, as they look to end a dispute that risked further disruptions at the country’s busiest ports. Both the International Longshore and Warehouse Canada Union (ILWU) and the British Columbia Maritime Employers Association (BCMEA) are recommending the […] Read more
China resumes purchasing flax from Canada
High prices for Canadian crop had lost domestic produces considerable market share in China to the Black Sea region Canadian flax is moving to China after a two-year hiatus. Nine thousand tonnes of flax was exported out of the Port of Vancouver during week 50 of the 2022-23 marketing campaign, according to the Canadian Grain […] Read more
Pulse sector lowers targets on new-use demand
Industry had originally wanted to create two million tonnes of North American demand for whole split pulses by 2025
Pulse Canada is revamping its market development targets after falling short of its previous goals. In 2018, the organization announced its 25 by 2025 program, a crop-specific strategy for creating demand in new use categories for 25 percent of Canada’s pulses. The goal was to create two million tonnes of new North American demand for […] Read more
Chemical, fertilizer price slides may be near bottom
Prices of a couple of key farm inputs have tumbled in recent months, but that may be coming to an end, according to industry officials. Farmers Business Network’s Smoke generic glyphosate is selling for $6.50 to $7 per litre, down from $12 the same time last year. “That’s the difference a year makes,” said Breen […] Read more
