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Livestock, Markets, Weather

Q+A: Temple Grandin on Zilmax, beta-agonists

Reading Time: 3 minutes Merck and Co. recruited Temple Grandin, an advocate for the humane treatment of livestock, to be on a board that will consult on the company’s Zilmax feed additive, which has been temporarily taken off the U.S. and Canadian markets following animal welfare concerns. Grandin, who frequently works for the meat industry, said she agreed to […] Read more
Crops, Markets, Weather

Rain pulls CBOT soy off two-month high

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Reading Time: 3 minutes Chicago Board of Trade (CBOT) new-crop November soybean futures fell one per cent on Thursday and corn tumbled nearly four per cent as better-than-expected rains in the northern U.S. crop belt eased fears of late-season crop damage. “We picked up some rains overnight in northeast Nebraska and northwest Iowa, with up to two inches in LaMars, […] Read more
Crops, Markets, Weather

ICE outlook: Canola still watching weather

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Reading Time: < 1 minute ICE Futures Canada canola contracts moved higher during the week ended Aug. 21, seeing a further correction from the lows set earlier in the month as oversold price sentiment and gains in CBOT soybeans provided support. Canadian harvest operations are starting to move forward, and the expectations for a large crop may limit the upside […] Read more
Crops, Markets, Weather

CBOT soy rises to two-month high on weather threat to crop

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Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures rose to a two-month high on Wednesday on forecasts for warmer and drier weather that poses a threat to the developing U.S. soybean crop. “Weather models turned drier and even warmer for next week, and that will cause further degradation of soybean conditions,” said Global Commodity Analytics analyst […] Read more
Crops, Markets, Weather

Record StatsCan canola estimate likely larger still

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Reading Time: 2 minutes Canadian canola production will likely end up even larger in 2013-14 than the already record-high estimate from Statistics Canada in its first survey results of the year, according to industry participants. StatsCan on Wednesday pegged canola production in 2013-14 at a record 14.7 million tonnes, which would compare with 13.3 million tonnes the previous year. […] Read more
Crops, Markets, Weather

CBOT corn, soy slip as tour reports potential big crops

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Reading Time: 3 minutes Chicago Board of Trade (CBOT) soybean futures eased on Tuesday after climbing to a two-month high in the previous session, with the market pressured by profit-taking and prospects for a big U.S. soybean harvest. Corn also sagged from a four-week peak on Monday, weighed down by a ProFarmer tour of the Midwest crop belt that […] Read more
Crops, Markets, Weather

Large crops anticipated in StatsCan survey

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Reading Time: 2 minutes Production of Canada’s major grain and oilseed crops in 2013 is generally expected to show an improvement from the previous year, but the extent of the increase for each crop will depend on conditions over the latter half of the growing season. Statistics Canada releases its first survey-based production estimates of the crop year on […] Read more
Crops, Weather

Hail tapers off on Prairies

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Reading Time: < 1 minute Saskatchewan hail claims have slowed over the last two weeks, but some farmers were hit a second or third time this year, according to the Canadian Crop Hail Association. An Aug. 5 storm nailed farmers in southeastern and southwestern Saskatchewan, netting hail claims from many communities, the insurers’ association report noted Monday. Farmers as far […] Read more

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