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(USDA.gov via Flickr)
Corn, Crops, Markets, Reuters

World corn stocks hit record high on cut in China use: USDA

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture unexpectedly revised its global coarse grain supply estimate on Tuesday, saying Chinese feed millers were using feeds other than corn at a higher rate than previously thought over the past three years. Along with an increase in USDA’s 2015 U.S. corn production forecast and cuts to […] Read more
(Co-operator image by Shannon VanRaes)
Livestock, Markets, Reuters

MacAulay favours TPP deal, poised for trade fight with U.S.

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Reading Time: 2 minutes Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. over a long-standing meat-labeling dispute. The Liberal government, elected last month, has not taken a firm position yet on whether it will support TPP, which […] Read more
Agri-Trend CEO Rob Saik. (Jennifer Paige photo)
Crops, Machinery, Weather

Trimble to buy consulting firm Agri-Trend

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Reading Time: 3 minutes GPS and precision farming firm Trimble is set to buy the Canadian operator of North America’s largest network of independent agricultural consultants. Publicly traded, U.S.-based Trimble, which specializes in GPS and other location services, including the collection and management of on-farm data and services for precision farming, announced Tuesday it will buy Red Deer-based, privately-held […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Technical trading, holiday fears sour hog, cattle futures

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Reading Time: 2 minutes Chicago | Reuters –– The Chicago Mercantile Exchange saw all of its live cattle and all but two feeder cattle futures contracts fall by the daily trading limit on Monday, pressured by technical selling and weakening wholesale beef prices, traders and industry analysts said. Meanwhile, CME lean hog contracts continued their slump on Monday, dropping […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets

Klassen: Quality calves support feeder market

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Reading Time: 2 minutes They say a sudden windfall can provide a false expectation of future performance. This is definitely true of the cattle feeding business. Western Canadian feeder cattle prices continued on a mixed volatile tone over the past week, trading $10 lower to as much as $10 higher. Feedlot operators shrugged off the sharply lower live cattle […] Read more
(NSCorp.com)
Crops, Machinery, Reuters

CP said exploring Norfolk Southern takeover

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Reading Time: < 1 minute Reuters — Canadian Pacific Railway (CP) is looking to acquire U.S. peer Norfolk Southern, business news service Bloomberg reported Monday, citing people familiar with the matter. Canada’s second-largest railroad operator has already raised financing and held early-stage merger talks with Norfolk Southern, Bloomberg reported, citing two of the people. Freight carried by major U.S. railroads […] Read more
(Manitoba Co-operator file photo by Laura Rance)
Beef Cattle, Crops, Hogs, Weather

Manitoba extends fertilizing deadline to Saturday

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Reading Time: < 1 minute A warmer-than-usual November has allowed Manitoba’s conservation and water stewardship department to delay its winter fertilizing ban until Saturday (Nov. 14). With soil temperatures not yet at the freezing point, the province announced Monday it would extend its deadline for spreading of phosphorus and/or nitrogen, including synthetic fertilizers and/or manure, to Nov. 14 from Nov. […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Agrium bucks fertilizer sector trend with Q3 profit

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Reading Time: < 1 minute Reuters — Canadian fertilizer and farm retail dealer Agrium on Thursday reported quarterly profit jumped nearly nine per cent, as higher sales volumes and lower costs helped it buck the sector’s trend of weaker earnings. Weaker currencies in fertilizer-buying markets such as Brazil and India are weighing down prices, leading rivals PotashCorp and Mosaic Co. […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lower cash prices again send CME hogs to six-year low

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts drifted to a six-year low for a second straight day on Friday as plentiful seasonal supplies pulled prices for market-ready (cash) hogs lower, traders said. Spot December finished 0.4 cent/lb. lower at 55 cents, and February ended down 0.3 cent at 58.3 cents. Cash hog […] Read more
(Manitoba Co-operator file photo by Laura Rance)
Crops, Weather

Crunch time for Manitoba producers to fertilize

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Reading Time: 2 minutes CNS Canada — The clock is ticking for Manitoba producers who wish to lay down nitrogen or phosphorous on their fields. Wet conditions in many parts of the province are making it tough for farmers to get their machines onto fields, according to Dan Mazier, president of Keystone Agricultural Producers. “We just drove from Winnipeg […] Read more

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