General, Agriculture News & Resources

Hail claims pile up in Manitoba and Saskatchewan

By Canadian Crop Hail Association July 23, 2012

Reading Time: 2 minutes There are already more crop hail claims in Manitoba than were filed for the entire 2011 growing season. At nearly 1,800, Manitoba claim numbers have surpassed the number filed to date in Alberta, despite a much smaller cropped acreage in Manitoba. The majority of the claims come from a storm system that followed the U.S. […] Read more

General, Livestock

Cargill recalls us ground beef after salmonella outbreak

By Reuters July 23, 2012

Reading Time: < 1 minute Nearly 15 tons of ground beef have been recalled by a unit of agriculture conglomerate Cargill Inc in connection with a seven-state outbreak of salmonella across the northeast and Virginia, the United States Department of Agriculture said. Cargill Meat Solutions, based in Wichita, Kansas, voluntarily recalled 29,339 pounds of fresh ground beef products produced at […] Read more

Crops, General

CWB wheat/barley marketing programs ready, canola in works

By Dwayne Klassen July 23, 2012

Reading Time: 2 minutes The Canadian Wheat Board’s marketing programs for wheat, durum and barley are ready to be launched with the start of the 2012/13 (Aug/Jul) crop year, according to an official with the CWB. Pool programs for canola were also in the works. "There is no question that the CWB is ready to take on its new […] Read more

Crops, General, Markets, Weather

Corn and soybeans pull back from peaks

By Sam Nelson July 23, 2012

Reading Time: 3 minutes U.S. corn slid more than 1 per cent from record highs on Monday and soy tumbled more than 3 per cent from its peaks, due to forecasts for rain in drought-plagued U.S. crop regions, tumbling equities and a stronger dollar. "Forecasts are a little wetter than they were last week, the rains will help some […] Read more

General

Harper names new deputy agriculture minister

July 20, 2012

Reading Time: 2 minutes A senior federal official with over 20 years’ experience in the agriculture and international trade policy portfolios will become Canada’s top ag bureaucrat this fall. Suzanne Vinet, who’s now president of the Economic Development Agency of Canada for the Regions of Quebec, was named Friday by Prime Minister Stephen Harper to replace John Knubley as […] Read more

General, Weather

USDA’s Vilsack warns on food prices, prays for rain

By Russell Blinch July 18, 2012

Reading Time: 2 minutes U.S. Agriculture Secretary Tom Vilsack said he was on his knees every day, praying for rain in the Midwest, where a prolonged drought is withering crops in the fields and will likely push up food prices later this year and next. Vilsack urged Congress to work with the Obama administration to improve aid to farmers […] Read more

General, Markets

U.S. regulator admits failure in PFG oversight

By Alexandra Alper, Sarah N Lynch July 17, 2012

Reading Time: 3 minutes The U.S. futures regulator acknowledged on Tuesday the regulatory system had failed to protect the customers of PFGBest, which collapsed last week as its founder admitted to a US$100 million fraud spanning two decades. In testimony before the U.S. Senate’s agriculture committee, Commodity Futures Trading Commission chairman Gary Gensler was also expected to outline his […] Read more

General, Markets

Ego too big to fail, PFG founder admits 20-year fraud

By P.J. Huffstutter, Tom Polansek July 14, 2012

Reading Time: 5 minutes Russell Wasendorf Sr., arrested on Friday, confessed to a 20-year fraud at his now-bankrupt Iowa brokerage, saying business troubles and his "big" ego left him no choice: "So I cheated." In the dramatic conclusion to a week-long saga that has shaken trader confidence in the trillion-dollar U.S. futures markets, authorities released parts of a detailed […] Read more

General, Markets

Farmed food prices seen on upward trend in next decade

By Catherine Hornby July 11, 2012

Reading Time: 3 minutes World farm commodity prices will edge higher in the next decade, and oilseeds are set to outperform wheat and other cereals, both trends fuelled by demand in emerging economies, the OECD said Wednesday, presenting a joint report with the United Nations food agency. Prices have eased from record highs hit in February last year and […] Read more

Crops, General

USDA jolts traders with sharp cut to corn estimate

By Charles Abbott July 11, 2012

Reading Time: 2 minutes The worst Midwest drought in a quarter century is doing more damage to U.S. crops than widely believed, already shrinking corn yields to the lowest in nearly a decade, the government said on Wednesday. In a report that reignited a near-record rally in grain prices, the U.S. Department of Agriculture said the crop will average […] Read more

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General

Hail claims pile up in Manitoba and Saskatchewan

Cargill recalls us ground beef after salmonella outbreak

CWB wheat/barley marketing programs ready, canola in works

Corn and soybeans pull back from peaks

Harper names new deputy agriculture minister

USDA’s Vilsack warns on food prices, prays for rain

U.S. regulator admits failure in PFG oversight

Ego too big to fail, PFG founder admits 20-year fraud

Farmed food prices seen on upward trend in next decade

USDA jolts traders with sharp cut to corn estimate

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