Markets
James Mintert, director of the Center for Commercial Agriculture at Purdue University, said most farmers planted the crop in a timely manner, but it doesn't look that way. He was struck by how late some of the corn looked on a recent crop tour of Indiana.
Markets
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was not available June 2 or June 9. U.S. hogs averaged $85.52 on a carcass basis June 9, up from $81.76 June 2. The U.S. pork cutout was $88.39 per hundredweight June 9, up from $84.72 June 2. The estimated U.S. weekly slaughter to […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s 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 firms Weekly Alberta fed steer prices have firmed $20.76 per hundredweight higher over the past […] Read more
Bunge’s acquisition of Viterra goes ahead
Viterra shareholders will own 30 percent of the combined company following the deal's expected close in mid-2024, and about 33 percent after completion of the repurchase plan.
Foodgrains bank responds to African hunger crisis
A flare up of conflict in Sudan, Somalia and the Democratic Republic of Congo has exacerbated severe hunger caused by erratic weather and economic disruptions in the Horn of Africa.
No worries over wet wheat
China's prime wheat-growing region received a deluge of rain at the end of harvest. Reuters reports that fields of ripe wheat in Henan province were flooded the week ending May 28. That province produced 28 percent of last year's wheat crop.
India likely to harvest record wheat crop
NEW DELHI (Reuters) — India is likely to harvest a record 112.7 million tonnes of wheat in 2023, the farm ministry said May 25, reiterating its previous estimate despite lower crop yields due to unseasonal rains in February and March. Earlier this year, torrential rain and hail hit India’s northern, central and western plains, damaging winter-planted crops […] Read more
Rain improves wheat prospects in Argentina
Argentina is the world’s leading exporter of processed soybeans as well as a major corn and wheat supplier, but its production has been hurt by drought and other severe weather, causing major losses for farmers and the cash-strapped government.
Agricultural trade to resume to Saudi Arabia
Canada has restored diplomatic ties with Saudi Arabia and the two countries will soon appoint new ambassadors, according to Reuters.
Buckwheat prices way up. Will planted acres also rise?
This winter and spring, buyers have been offering farmers more than $24 per bushel to produce buckwheat in Western Canada.
