WINNIPEG,(MarketsFarm) – With the markets largely range-bound since the end of June, the United States Department of Agriculture (USDA) released its long-awaited supply and demand report late Monday morning. The initial reaction on the markets was bearish, with corn prices being hit very hard, down 25 U.S. cents per bushel for the September and December […] Read more
News
August supply and demand report hits markets hard
USDA forecasts bigger-than-expected U.S. corn crop
CHICAGO, Aug. 12, (Reuters) – The U.S. corn harvest will be bigger than previously forecast, the U.S. Department of Agriculture said on Monday, as the government issued a surprise boost to its yield estimate despite ongoing concerns in the country about a wet spring and dry summer limiting production. For the 2019/20 crop year, the […] Read more
Dreyfus sees Brazil, Argentina soy flows surging on U.S.-China dispute
SAO PAULO, Aug 12 (Reuters) – Global commodities trader Luis Dreyfus Co is prepared for another unusually strong second half for Brazil’s soy exports to Asia as the U.S.-China trade war drags on, with Argentina poised to profit as well this year, a senior executive told Reuters. Dreyfus benefited the most from last year’s surprise […] Read more
Western Cdn wheat prices regain strength
WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada were generally up for the week ended August 8. There were gains in Canadian Western Red Spring Wheat (CWRS) and Canada Prairie Red Spring (CPRS) in all locations. Canadian Western Amber Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by […] Read more
Manitoba producers facing hay, feed shortage
Wanted: hay and feed for purchase. Hundreds of livestock producers in Manitoba are facing hay and feed shortages because a two-year drought has cut forage production by half or worse this summer. To help producers who are short on feed, the Keystone Agricultural Producers and the Manitoba Beef Producers are urging farmers to publicly list […] Read more
Sask. potash mines cut production
Poor demand for fertilizer caused by unprecedented wet weather in the American Midwest has prompted American fertilizer giant Mosaic to temporarily suspend potash production at its mine near Colonsay, Sask. The Minnesota-based company announced plans earlier this week (Aug. 7) to temporarily curtail production at Colonsay, effective Sept. 10. The decision means that close to […] Read more
Farmers warned about mid-season spraying
CARBERRY, Man. — In the middle of summer, most people want their yard to look neat, tidy and orderly. Many growers feel the same way. They can’t tolerate weeds poking up through the crop in July, tainting the look of what should be a clean field of soybeans or canola. Spraying glyphosate or another weed […] Read more
Ranch rodeo
Ranches from across Western Canada competed in the Nanton Ranch Rodeo July 19-20, which was held in Nanton, Alta. | Mike Sturk photos
Ranches from across Western Canada competed in the Nanton Ranch Rodeo July 19-20, which was held in Nanton, Alta. | Mike Sturk photos
Cargill targets greenhouse gas
Cargill launched an initiative July 24 to reduce the environmental impact of its beef production across the supply chain. “BeefUp Sustainability” has a target year of 2030 in which to achieve a 30 percent greenhouse gas intensity reduction across the company’s North American beef operations from cow-calf through end product. “It’s a 30 percent reduction […] Read more
Senators offer value-added vision for food
New report supports rules-based trade, ‘Canada Brand’ program and reduced barriers to interprovincial trade
The Senate wants Canada to process and export more food. At the same time, senators say the government should maintain the supply management system for poultry and dairy products. That contradiction was just one part of a comprehensive report from the Senate committee on agriculture and forestry, released in July. The report, Made in Canada: […] Read more
