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Crops, Markets, Weather

Weather puts Black Sea on course to restore grain output

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Reading Time: 3 minutes Favourable weather is likely to help the Black Sea region’s three top grain producers — Russia, Ukraine and Kazakhstan — restore grain output this year after a shattering fall in 2012, analysts and officials said. Russia, usually one of the world’s top wheat exporters, was hit by drought last year, which slashed the grain harvest […] Read more
Livestock, Markets, Weather

U.S. live cattle futures hit month peak as beef trimmed

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Reading Time: 3 minutes Chicago Mercantile Exchange (CME) live cattle futures rose for the fifth consecutive trading session on Wednesday, gaining nearly one per cent to a month high on reduced beef tonnage following winter storms in the U.S. Plains that slashed feedlot cattle weight gains, traders and analysts said. "They’re thinking cash cattle will be higher this week […] Read more
Livestock, Markets, Weather

U.S. live cattle futures up as storm trims beef

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Reading Time: 3 minutes Chicago Mercantile Exchange (CME) live cattle futures were higher on Tuesday with a major snowstorm slamming into the U.S. Plains’ cattle-feeding states, slashing fed cattle weights and slowing livestock movement, analysts and traders said. "This is the second big storm in five days so there is no doubt we are taking some serious weight, some serious […] Read more
Crops, Weather

Man. crop insurance to expand areas for heat-loving crops

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Reading Time: 3 minutes Manitoba’s crop insurance program will expand provincewide on a test basis this year in its coverage of soybeans, corn, open-pollinated corn, edible beans, sunflowers and lentils. Until now, those crops were only insurable in areas deemed to be warm enough, and with enough frost-free days. However, farmers from outside those areas have been asking for […] Read more
Crops, Markets, Weather

U.S. wheat falls as crop conditions improve

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Reading Time: 2 minutes U.S. wheat futures fell on Monday, with the benchmark Chicago Board of Trade (CBOT) contract shedding 2.3 per cent to drop below US$7 a bushel for the first time since June, as storms in the U.S. Plains boosted harvest prospects. Snow and a snow-rain mix was blanketing nearly all of the U.S. Plains hard red […] Read more
Crops, Machinery, Markets, Weather

Canada to end biofuel subsidy in 2017, report says

Reading Time: 2 minutes The Canadian government plans to end its subsidy for production of biofuels when its current program ends in 2017, a newspaper reported on Saturday. The Globe and Mail quoted a letter from Natural Resources Minister Joe Oliver to the biofuels industry on Thursday explaining that Ottawa needed to cut spending to tame its deficit. Oliver […] Read more
Crops, Markets, Weather

U.S. wheat skids as snow blankets dry Plains

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Reading Time: 2 minutes U.S. wheat futures slid to an eight-month low and corn closed at a six-week low on Thursday as a winter snowstorm dumped moisture on key growing areas that have struggled with dryness for months. Nearly a foot or more of snow fell across Oklahoma and Kansas in the last 24 hours, and more was expected. […] Read more
Crops, Weather

Soybeans expanding into Saskatchewan

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Reading Time: < 1 minute Soybeans are making further inroads into Saskatchewan, as promises of good returns have more producers looking into a crop that has traditionally not been grown in the province. Actual acreage data is scarce, given the relative newness of planting soybeans in Saskatchewan, but Dale Risula, a special crops specialist with Saskatchewan’s agriculture ministry in Regina, […] Read more
Crops, Markets, Weather

U.S. soy posts third day of gains on supply worries

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Reading Time: 3 minutes U.S. soybeans rose nearly one per cent on Wednesday, posting the biggest three-day gain in seven months, on concerns about shrinking old-crop stocks as Argentine harvest prospects wane and brisk exports of U.S. soy draw down razor-thin supplies. Soybeans withstood an across-the-board selloff in commodities triggered by rumours that a troubled hedge fund was selling […] Read more

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