The 40th edition of Canada’s Farm Progress Show has kicked off in Regina. Eight innovations entered in the show’s annual competition received special awards at the opening ceremony. TankFull, a division of Duck Mountain Environmental, received a gold award for its septic tank level monitoring system. It uses ultrasonic technology to automatically send a signal […] Read more
News
Rain welcome across most of Manitoba
WINNIPEG — All regions of Manitoba received rainfall, ranging from 15 to 55 millimetres, during the week ended June 19, with the moisture generally beneficial for crops, according to the latest provincial crop report. However, cool weather has slowed corn and soybean growth. Crops in most areas have received one herbicide application with fungicides starting […] Read more
NAFTA agriculture ministers see ‘few’ differences over trade
GARDEN CITY, Ga., June 20 (Reuters) – The United States, Canada and Mexico have “relatively few” differences on agricultural trade, the three countries’ agriculture ministers said after meeting on Tuesday to discuss the renegotiation of the North American Free Trade Agreement. There are some “irritants” for each country, however, in the run-up to NAFTA renegotiations, […] Read more
Spring wheat rallies again, but oilseeds fall
Canola futures fell Tuesday on weaker soy oil and beneficial weather in Western Canada. But Minneapolis spring wheat futures resumed their climb after the USDA weekly crop condition report. July Minneapolis spring wheat closed at US$6.56 ¼ per bushel, up 16 ¾ cents or 2.6 percent. December was $6.58 ½, up 15 ¼ cents. The […] Read more
Hog prices top expectations but need exports to sustain them
June 20 (CNS Canada) – The recent rally in U.S. hog futures offers hedging opportunities and attractive cash prices, but Tyler Fulton at Hams Marketing tempers optimism for the longer term outlook. The CME July lean hog futures settled at 85.00 cents per pound on June 20, marking the highest point for the front month […] Read more
Brazilian meatpacker JBS unveils $1.8 billion divestment plan
SAO PAULO/CHICAGO, June 20 (Reuters) – A feedlot in Alberta could be affected by Brazilian meatpacker’s JBS SA plan to sell assets to cut debt after a corruption scandal raised concerns about its financing cos The total value of all the assets up for sale is US$1.8 billion and includes dairy, poultry and cattle feeding […] Read more
Canadian dairy looks to protect domestic market ahead of NAFTA talks
WINNIPEG — The head of Canada’s dairy industry group highlighted the role of Canadian dairy producers in the domestic market as the potential for trade agreement renegotiations loom. U.S. President Donald Trump said earlier in the year he was considering pulling the U.S. from the North American Free Trade Agreement, but later shifted his position […] Read more
Spring wheat slips after recent rally
Chicago corn fell more than two percent Monday and spring wheat dipped slightly after strong gains last week. Minneapolis July hard red spring wheat fell 3.25 cents on hopes that last week’s rain helped the American crop. “There are expectations that spring wheat (crop condition) numbers could improve a bit,” said Ken Ball, a broker […] Read more
Weather drives spring wheat up 6.7 pct this week
Wheat futures rose again Friday, supported by concerns about the U.S. spring wheat crop, pockets of production problems around the world and short covering. Like Thursday it was the Chicago contract that led the way higher with July up more than 2.5 percent with funds covering short positions. The Minneapolis spring wheat July contact closed […] Read more
U.S., EU trade deal mired
DES MOINES, Iowa — In early June, U.S. Commerce Secretary Wilbur Ross said he’s open to restarting free trade talks with the European Union. Those talks have been stalled since last fall, when Americans elected Donald Trump as president. Ross may be willing to resume negotiations, but the National Pork Producers Council in the United […] Read more
