Reading Time: 2 minutes Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024
estimates released February 16 by Agriculture and Agri-Food Canada.
Oilseeds
New farm income record set in 2023, estimates suggest
Despite challenges like drought and war, Canadian farms proved resilient
U.S. corn, soybean, wheat yields to rise in 2024/25
More soybean acres; corn and wheat area to drop
Reading Time: 2 minutes Yields for United States soybeans, corn and wheat were projected to increase in 2024/25, according to the Department of Agriculture at its 100th annual Outlook Forum on Feb. 15. Also, the USDA said there’s to be more soybean acres but less for corn and wheat for the coming crop year.
Indian farmers pause protest march to Delhi as government talks continue
Farmers pressing government to set minimum prices for produce ahead of election
Reading Time: 2 minutes Indian farmers demanding higher prices for their crops said they had paused their protest march to New Delhi on Friday until their unions hold another round of talks with government ministers on Sunday.
U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies
U.S. soybean crushings dropped more than expected from a record high
Reading Time: 2 minutes U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
Farm employee, employer’s perceptions differ on worker retention
Ag domestic labour gap will increase 15 per cent by 2030 as older workers retire: CAHRC
Reading Time: 3 minutes Manual labour and long hours may be less of a deterrent to farm workers than farmers think, a new report suggests.
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
Reading Time: < 1 minute The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook
Markets down about 10 per cent this year, traded on lowest levels since late 2020
Reading Time: 2 minutes Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
Reading Time: < 1 minute A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Reading Time: 2 minutes Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
India security forces fire tear gas at protesting farmers on drive to Delhi
Farmers calling for promised higher prices for their produce
Reading Time: 3 minutes Indian security forces fired tear gas at protesting farmers for a second day on Wednesday to stop tens of thousands from marching to the capital New Delhi to demand higher prices for their produce.