Articles Written by MarketsFarm

Cattle inventories continue to decline, StatsCan says

Canada's hog herd also down on year

By MarketsFarm 14 hours ago

Reading Time: < 1 minute MarketsFarm — Canada’s cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in […] Read more

Crops

Grain vessels backing up at West Coast

By MarketsFarm February 20, 2020

Reading Time: 2 minutes MarketsFarm — Vessels waiting to ship grain off Canada’s West Coast are backing up as blockades across the country slow rail traffic, according to reports tracking grain movement. Railway blockades have sprung up at a number of locations across the country over the past two weeks, as protestors express solidarity with Wet’suwet’en hereditary chiefs opposing […] Read more

Crops, Pulses

Scoular to sell edible bean business

By MarketsFarm February 10, 2020

Reading Time: < 1 minute MarketsFarm — The Scoular Company has made a deal to sell its edible beans business in Manitoba and the northern U.S. to a Michigan edible bean processing and exporting co-op. Cooperative Elevator Co., which is owned by over 1,100 U.S. farmers and operates mainly in Michigan’s “thumb” northeast of Flint, announced Friday it will buy […] Read more

Crops, Markets

Virus fears weigh on global shipping sector

By MarketsFarm February 4, 2020

Reading Time: < 1 minute MarketsFarm — Global shipping rates continue to decline, hitting record lows in some cases, amid declining demand and concerns over the coronavirus outbreak in China. The Baltic Dry Index (BDI), compiled by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea. The BDI has fallen for 13 […] Read more

Crops, Weather, Winter Wheat

U.S. winter wheat conditions mostly fair to good

By MarketsFarm February 3, 2020

Reading Time: 2 minutes MarketsFarm — The condition of the bulk of the U.S. winter wheat crop, taken from data provided by 17 reporting states, was at 29 per cent fair and 48.1 per cent good at the end of January. The rest of those states’ crops stood at 4.2 very poor, 12.1 poor and 7.2 per cent excellent, […] Read more

Crops, Markets

Poor Chinese demand a setback for grain exports

By MarketsFarm January 31, 2020

Reading Time: 2 minutes MarketsFarm — Canadian grain exports from licensed facilities are running well behind the previous year’s pace, due primarily to a sharp reduction in movement to China, according to latest monthly data from the Canadian Grain Commission. Total exports at Dec. 31 of grain, oilseed and pulse crops for the 2019-20 crop year to date came […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Ukraine’s pulse production waning

By MarketsFarm January 29, 2020

Reading Time: 2 minutes MarketsFarm — There has been a marked decline in the amount of pulses grown by farmers in Ukraine over the last couple of years, highlighted in an article written for the Global Pulse Confederation by Sergey Feofilov, director general of UkrAgroConsult. Feofilov noted total pulse production in Ukraine dropped almost 25.9 per cent from 2018 […] Read more

Canola, Crops, Markets

Canadian canola crush sets new monthly record

By MarketsFarm January 25, 2020

Reading Time: < 1 minute MarketsFarm — Canadian oilseed crushers set a new monthly record for processing canola in December 2019, crushing 899,301 tonnes of the crop during the month, according to the latest data from Statistics Canada. The crush pace was up by 70,000 tonnes from November and compares with the previous record of 882,301 tonnes, set just two […] Read more

Crops

Thunder Bay wraps up active shipping season

By MarketsFarm January 15, 2020

Reading Time: < 1 minute MarketsFarm — The last cargo vessel of the year departed the Port of Thunder Bay on Sunday, bringing total cargo shipments through the facility to their highest level in half-a-decade. “Strong shipments of Prairie-grown grain and other dry bulk commodities from Western Canada buoyed the port’s cargo tonnage to 9.3 million metric tonnes, the highest […] Read more

General, Machinery, Weather

NFU paper lays out solutions for climate, farming challenges

By MarketsFarm December 13, 2019

Reading Time: 2 minutes MarketsFarm — The global climate crisis is interlinked with the financial crisis on Canadian farms, according to a new discussion paper from the National Farmers Union (NFU). The paper proposes changes to agriculture practices that could help the sector become part of the solution to both major issues. Compiled by Darrin Qualman in collaboration with […] Read more

U.S. grains: Soybeans bounce, corn stabilizes

U.S. livestock: CME cattle extend losses

Protestors put up new rail, road barricades in wake of arrests

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