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Crops, Markets, Weather

Chicago grains rebound on bargain buying

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Reading Time: 3 minutes Chicago Board of Trade (CBOT) grains and soy complex futures rebounded with equities and gold markets on Tuesday after a sell-off in the previous session triggered by concerns raised by weaker-than-expected economic data from China. New York gold futures rebounded more than $25 per ounce on Tuesday, the Dow was up about 125 points and […] Read more
Livestock, Weather

Brazil may fine beef producers buying Amazon cattle

Reading Time: 2 minutes Brazilian prosecutors are seeking to fine 26 beef producers a total of US$282 million for buying cattle raised in illegally deforested Amazon areas or on indigenous reservations, the federal prosecution service said Monday. The list included one major Brazilian food producer — Brasil Foods — which faces fines totaling 17.6 million ($8.9 million), over accusations […] Read more
Livestock, Markets, Weather

U.S. hog, cattle futures fall with other commodities

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Reading Time: 2 minutes Chicago Mercantile Exchange (CME) hog futures dropped on Monday as Chinese economic worries sparked active selling in that market as well in a vast number of other commodities, analysts and traders said. Gold led losers, its worst two-day setback in 30 years, in response to weaker-than-expected data out of China that sparked concerns about the […] Read more
Crops, Markets, Weather

Pearce: Round table yields positive recommendations on soil health

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Reading Time: 3 minutes As farmers’ attentions turn to the prospect of spring planting, a report released in late March has a long-term perspective on something near and dear to every farmer in Ontario, if not the world: the soil. The report, “Investing in soils for a sustainable future,” released by Ontario’s environmental commissioner, Gord Miller, is an attempt […] Read more
Crops, Machinery, Weather

Sask. launches Growing Forward sequel’s programs

Reading Time: 3 minutes Saskatchewan has become the fourth province to sign on for its share of funding in the Growing Forward 2 (GF2) ag policy funding framework, with $388 million to put toward programs other than business risk management (BRM) over the next five years. Provincial Agriculture Minister Lyle Stewart and his federal counterpart Gerry Ritz announced the […] Read more
Crops, Markets, Weather

Chicago wheat rallies on demand, cold temperatures

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Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat futures rose 2.4 per cent on Friday, rallying through key technical resistance amid signs of good export demand and worries about the health of the U.S. crop, traders said. Soybean and corn futures also rose, with corn posting its fifth straight positive session and soybeans hitting a two-week high […] Read more
Crops, Markets, Weather

Weather premiums building in U.S. wheat futures

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Reading Time: 2 minutes Adverse weather conditions for both winter wheat in the southern U.S. Plains and spring wheat in the north are helping U.S. wheat futures show signs of turning higher, after drifting down for most of the winter, said a North Dakota-based analyst. Many winter wheat areas saw good amounts of precipitation over the past few months, […] Read more
Crops, Weather

Prairie floods seen crimping fertilizer flow to farms

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Reading Time: 3 minutes Fertilizer makers may be hard-pressed this spring to move their yield-boosting products to western Canadian farmers during a shortened planting season, as the potential for major flooding grows. Cold weather has delayed the melt of heavy snowpack in Manitoba, Saskatchewan and Alberta, raising the risk that floods in late April and May will keep farmers […] Read more
Crops, Markets, Weather

Old-crop U.S. corn, soy firm on tight supplies

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Reading Time: 2 minutes Front-month Chicago Board of Trade (CBOT) soybean futures rose on Thursday due to strong nearby demand for physical supplies from U.S. crushers, traders said. “It is all bull spreading right now,” said Chad Henderson, grain market adviser with Prime Agricultural Consultants. “It really has to do with the stronger cash basis on beans. The old […] Read more
Crops, Weather

Wet Prairies could help some insects thrive

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Reading Time: 2 minutes Western Canadian farmers should be on the lookout for a number of insect species this growing season, as the wet spring conditions may cause some populations to thrive, specialists in the three Prairie provinces said. One insect that thrives in wetter weather, and thus could impact growers this season, is the wheat midge. Insect specialists […] Read more

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