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Crops, Markets, Weather

U.S. corn takes biggest two-day fall since 1996

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Reading Time: 3 minutes Chicago corn tumbled to its biggest two-day drop since mid-1996, touching the lowest price in nine months, as larger-than-expected U.S. stockpiles weighed down the market. Pressured by corn, Chicago wheat also registered its lowest nearby price in nine months, and soybeans touched a nearly three-month low. Chicago Board of Trade May corn fell 53 cents […] Read more
Crops, Weather

Manitoba now trending toward 2009-scale flooding

Reading Time: 2 minutes Manitoba’s provincial flood forecasters now expect “moderate to major” flood risk this year, trending toward the levels seen in 2009 in the province’s Red River Valley and in the Interlake region between Lakes Winnipeg and Manitoba. The provincial Hydrologic Forecast Centre’s second flood outlook for the year, released Tuesday, calls for increased spring flooding potential […] Read more
Crops, Weather

U.S. Plains freeze likely harmed winter wheat crop

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Reading Time: 3 minutes A deep freeze early this week likely harmed some of the hard red winter wheat crop in the southern U.S. Plains, adding to the woes of a lingering drought, crop experts and agricultural meteorologists said on Tuesday. “It (the freeze) was well within the parameters of damage in southwest Kansas, the west Oklahoma Panhandle, far […] Read more
Crops, Machinery, Weather

Extra teeth demanded for rail service bill

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Reading Time: 3 minutes What they describe as the worst rail service in three years has prompted shippers to propose amendments to toughen the federal government’s proposed Fair Rail Freight Service Act. A coalition of shippers laid out proposals Friday for new amendments to the Act, now proposed in federal Bill C-52, in a bid to help balance their […] Read more
Crops, Markets, Weather

U.S. grains ease as crop, supply prospects improve

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Reading Time: 2 minutes U.S. grains edged lower on Monday as crop-friendly snowfall and rains moved across the U.S. Corn Belt and traders squared positions ahead of a major government crop report due later this week. Wheat futures declined from the one-month high notched last week while soybean futures eased for a second straight session, with bumper harvests in […] Read more
Livestock, Markets, Weather

USDA report lifts Chicago live cattle futures

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Reading Time: 2 minutes Chicago Mercantile Exchange (CME) live cattle futures on Monday turned higher on short-covering after Friday’s bullish U.S. Department of Agriculture monthly cattle-on-feed report, analysts and traders said. Friday’s data showed a bigger-than-expected drop in the number of cattle placed in feedlots in February as corn remained at historically-high levels. “The cattle report was good news. […] Read more
Crops, Markets, Weather

U.S.-bound Ont. corn seen over million-tonne mark

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Reading Time: 3 minutes Canadian corn is flowing to U.S. ethanol plants and feed suppliers in larger than usual volumes, with up to one million tonnes expected in 2012-13, as a large Ontario crop backfills demand after last year’s severe U.S. drought. Canada is normally a net importer of corn, feeding Eastern Canada’s pigs and poultry and supplying Ontario […] Read more
Additional funding from the Ontario government is expected to help the HayEast program continue to move donated hay to drought-hit areas of Ontario until the end of May. (OFA.on.ca)
Livestock, Machinery, Weather

HayEast gets Ont. funding through May

Reading Time: 2 minutes Organizers of the HayEast drive to run feed from Western Canada to ranchers in parched areas of Ontario and Quebec have picked up six-figure provincial support which they say will see the program through to June 1. HayEast 2012, a partnership involving farm organizations across Canada and the Winnipeg-based Mennonite Disaster Service, was set up […] Read more

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