WASHINGTON (Reuters) — U.S. pork producers on Monday hailed “significant progress” in Asia-Pacific regional trade talks and joined other farm groups in urging lawmakers to give the White House authority to fast-track trade deals, a sign that a deadlock with Japan may be softening. An impasse between the United States and Japan, the two biggest […] Read more
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U.S. pig farmers see ‘significant progress’ in Pacific trade pact
Regulatory requirements keep diesel prices high: analyst
Winnipeg, Jan. 26 – Diesel prices in North America are unlikely to fall to the levels of gasoline anytime soon, according to an analyst. “It’s probably going to trade at a premium to gasoline for some time,” said Phil Flynn, energy market analyst for Price Futures Group in Chicago, Illinois. He said emissions requirements are […] Read more
Improve poor farming practice with behavioural science, Bank says
ROME, Jan 27 (Thomson Reuters Foundation) – Traditional economics – assuming people are rational actors who respond to prices and subsidies to maximize their own interests – could use a rethink, a senior World Bank official said on Wednesday during a discussion on global food policy. Anne Fruttero, a senior World Bank economist, relayed a […] Read more
CME hogs break 5-day stretch of 2-year lows, cattle down
By Theopolis Waters CHICAGO, Jan 26 (Reuters) – Chicago Mercantile Exchange lean hogs ended higher on Monday on short-covering, and the wholesale pork price bounce that helped snap futures’ five-day streak of 2-year lows, traders said. February closed 1.525 cents per pound higher at 70.825 cents, and April up 2.000 cents to 72.650 cents. CME […] Read more
Canada resident tests positive for H7N9 avian flu virus
VANCOUVER, Jan 26 (Reuters) – A resident of the Canadian province of British Columbia has tested positive for the H7N9 avian flu virus in the first documented case of the infection in a human in North America, the federal government said on Monday. The person had returned to Canada from China and is recovering from […] Read more
Sask. cattlemen elect new chair
Bill Jameson of Moose Jaw has been elected chair of the Saskatchewan Cattlemen’s Association. Jameson represents the Saskatchewan Cattle Feeders Association on the SCA board. Ryan Beierbach, the SCA District 1 director from Whitewood, is the new vice-chair and Rick Toney of Gull Lake, District 4, is the finance chair. The member at large is […] Read more
U.S. CBO estimates fewer corn acres, more soy in 2015
CHICAGO, Jan 26 (Reuters) – U.S. farmers will plant fewer corn acres and more soybeans in 2015, with crop production seen down for both from last year’s record highs, according to the latest U.S. Congressional Budget Office projections on Monday. CBO forecast a corn crop of 13.496 billion bushels, down from the record high of […] Read more
Saskatchewan eyes tougher rules on investor farm buys
(Reuters) — Saskatchewan is likely to tighten what are already some of North America’s strictest rules for purchasing farmland as the Western Canadian province looks to fend off big money managers hungry for what they see as a winning investment. The province has become the latest front in a global battle between investors keen to […] Read more
Railways still falling short of grain shipper demands
Grain shippers have released their first weekly report on rail performance and the picture it paints isn’t pretty. “Railways, CN and CP combined, have fallen short of shipper demand by slightly more than 11,000 hopper cars and approximately 200 box cars,” said Milt Poirier, partner in QGI Consulting and author of the report. The exact […] Read more
Severe La Nina weather events in Pacific may double due to warming
OSLO, Jan 26 (Reuters) – Extreme “La Nina” weather events that cool the Pacific Ocean and can disrupt weather worldwide will paradoxically happen almost twice as often in a warming world, an international team of scientists said on Monday. Severe La Ninas, linked to both floods and droughts as well as more landfalls by Atlantic […] Read more
