Canadian wheat bids mixed despite continued U.S. losses — July 22, 2014

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Average bids for Canadian Western Red Spring (CWRS) wheat weakened slightly during week ended July 21 at a cross section of delivery points across Western Canada. However, Canadian bids lagged the U.S. futures to the downside and basis improvements were seen at many locations. On July 21, average spot bids for 13.5% CWRS across Manitoba, […]


China food scandal drags in Starbucks, Burger King and McDonalds — July 22, 2014

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Shanghai/Reuters — The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks , Burger King Worldwide Inc and others, as well as McDonald’s products as far away as Japan. McDonald’s Corp and KFC’s parent Yum Brands Inc apologized to Chinese customers on Monday after it emerged that Shanghai Husi Food […]



LIVESTOCK: Beef price surge extends CME live cattle advances — July 21, 2014

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Chicago Mercantile Exchange live cattle futures gained for a third straight session, fuelled by sharply higher wholesale beef prices, traders said. August live cattle finished 1.325 cents per lb higher at 152.950 cents, and October 0.925 cent higher at 155.250. Monday morning’s wholesale price for choice beef jumped $2.02 per cwt from Friday to $250.47. […]


Klassen: Strong domestic demand to curb feeder cattle exports — July 21, 2014

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Fed cattle prices in Alberta reached record highs last week trading the range of $164/cwt to $165/cwt. Feedlot margins surged into positive territory, once again reinforcing the price structure for feeder cattle. It appears the fed cattle market is incorporating a risk premium due to the uncertainty in production. For the week ending July 18, […]


GRAINS: Wheat futures fall a day after Ukraine crash price spike — July 18, 2014

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Reuters — U.S. wheat futures fell 3.4 per cent on Friday, erasing gains posted a day earlier following the downing of a Malaysian commercial airliner over eastern Ukraine, while Chicago Board of Trade corn futures also declined and soybeans were mostly lower. Investors were worried an escalation of the conflict between Ukraine and Russia, both […]


Beef producers: reading this may lower your blood pressure — July 18, 2014

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Penn State University researchers say that contrary to conventional wisdom, a growing body of evidence shows that eating lean beef can reduce risk factors for heart disease. “This research adds to the significant evidence, including work previously done in our lab, that supports lean beef’s role in a heart-healthy diet,” Penny M. Kris-Etherton, distinguished professor […]


Whether to spray for fusarium: flowering period is key — July 18, 2014

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Wet weather in eastern Saskatchewan and much of Manitoba means farmers likely have fusarium head blight risk on their minds. But cereal grades are only at stake risk if environmental risks match up with flowering, a crop pathologist says. Vikram Bisht, field crop pathologist with Manitoba Agriculture, Food and Rural Development, says two or three […]



Mink Producers granted more time to repay cash advances — July 17, 2014

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Canada’s 233 mink farmers have been granted more time to repay cash advances under the Advance Payments Program (APP). They now have until June 1, 2015 to repay their 2013 advance in full. An Agriculture Canada release said the price of mink fur has dropped significantly this past year and mink producers may be unable […]