Reading Time: < 1 minute Deere & Co forecast an annual profit below estimates on Wednesday, pressured by tariff impacts and weaker margins from its large tractors, sending the farm-equipment maker’s shares down nearly five per cent.
Deere forecasts weak annual profit on tariff hit
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Prairie Wheat Weekly: Spring prices vary as durum nudges up
Reading Time: 2 minutes Spring wheat cash prices varied across the Prairies for the week ended Nov. 25, while those for durum were slightly higher. Losses in the United States wheat complex weighed on prices north of the border, while support came from a weaker Canadian dollar.
Prairie forecast: Winter temperatures moving in
Reading Time: 3 minutes After several weeks of mild weather across the Prairies, it looks like true winter conditions are finally set to arrive.
U.S. livestock: Chicago cattle futures mixed ahead of Thanksgiving holiday
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange’s live cattle futures were mixed on Tuesday, with nearby contracts extending the previous session’s losses that saw contracts drop by the daily trading limit, analysts said. Feeder cattle futures turned higher, rebounding from Monday’s sharp limit-down losses, as traders began to adjust positions ahead of the U.S. Thanksgiving […] Read more
Pulse Weekly: Looking for trade deal to benefit Canadian growers
Reading Time: 2 minutes As trade talks between Canada and India are soon to restart, Pulse Canada said it’s looking for any deal arising out of those talks to be beneficial for Canadian pulse growers.
U.S. grains: CBOT soybeans firm as traders hope for more Chinese buying
Reading Time: 2 minutes Chicago Board of Trade soybean futures ended higher on Tuesday in a day of range-bound trading after comments by President Donald Trump’s administration bolstered expectations of further Chinese purchases under a bilateral trade truce, market analysts said.
South Korea raises African Swine Fever alert after outbreak at pig farm
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Reading Time: < 1 minute South Korea said on Tuesday there had been an outbreak of African Swine Fever (ASF) at a pig farm in the country’s largest pig-breeding region, prompting authorities to raise the national alert level to “serious”.
Klassen: Feedlots scale down cattle purchases
Reading Time: 2 minutes For the week ending November 22, Western Canadian feeder cattle prices were steady to $10/cwt lower on average. Earlier in the week, the heavier weight categories came under pressure while cattle under 700 pounds held value. However, by Friday, all weight ranges exhibited a softer tone. Feedlots are coming to the realization that the fed […] Read more
Wet grain, Russian attacks on railways hit Ukrainian corn exports, union says
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Reading Time: < 1 minute High grain moisture content and logistical woes caused by Russian attacks have slashed Ukraine’s corn exports from Black Sea ports in November and may do so again in December, farmers’ union UAC said on Tuesday.
Feds pause update on food from cloned livestock
Reading Time: 2 minutes Health Canada has indefinitely suspended a proposed update to the novel food policy governing foods derived from cloned cattle and swine, as well as their progeny.
A message from April Stewart, Country Guide's Associate Editor
