Compared to last week, western Canadian yearling markets traded $4 higher to as much as $6 lower. Strength was noted in the eastern Prairie regions while the market was softer in Alberta. Western Canadian calves were extremely volatile, trading $5 higher to as much as $10 lower in some cases. It’s not uncommon for markets […] Read more
Klassen: Demand fears cause feeder cattle market volatility
Barley values continue upward
More penguins dying of avian flu at Cape Town colony
Visitors urged to disinfect shoes to prevent virus' spread elsewhere
Cape Town | Reuters — More penguins have died from avian flu at the colony at Cape Town’s Boulders beach, a popular tourist attraction and an important breeding site in South Africa, raising concerns for the species and for other seabirds. David Roberts, a clinical veterinarian at the South African Foundation For The Conservation Of […] Read more
U.S. livestock: CME lean hogs, live cattle retreat on technical selling
Funds net long in hogs, cattle
Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, which firmed as fears eased […] Read more
Egypt’s private sector wheat imports stall due to dollar shortage
"We are in the red zone"
Cairo | Reuters — The price of wheat and flour used to make unsubsidized bread has spiked in Egypt as importers struggle to pay for wheat stuck at ports amid a dollar shortage, traders and the country’s chamber of cereals told Reuters this week. Around 700,000 tonnes of wheat haven’t been released from customs, causing […] Read more
U.S. barge backlog swells on parched Mississippi River
Chicago | Reuters –– Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said. The supply chain snarl comes just as harvesting of corn and soybeans, the largest U.S. cash […] Read more
U.S. grains: Corn, soy rise on broad commodities strength
Chicago December wheat dips
Chicago | Reuters — U.S. corn and soybean futures closed higher on Tuesday, following broad strength in commodity and equity markets tied to easing concerns about the global economy, traders said. The dollar index retreated from two-decade highs set last week, softening after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike. The […] Read more
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more
Russia says annual grain harvest to grow thanks to ‘new territories’
London | Reuters — Russia’s grain harvest is set to grow by about five million tonnes a year thanks to its incorporation of four Ukrainian territories, Agriculture Minister Dmitry Patrushev said Tuesday. “Considering the arable land that exists there, I think at least five million tonnes of grain will be added to the Russian savings […] Read more
Quebec ag minister cruises to re-election
Legault's CAQ scores bigger second majority
Quebec’s incumbent agriculture, food and fisheries minister will be returning to the province’s legislature as part of an even larger government caucus. Preliminary results in Monday’s provincial election put Francois Legault’s Coalition avenir Quebec (CAQ) in a solid majority government position with 90 of 125 seats, followed by Dominique Anglade’s Liberals, remaining in official opposition […] Read more
Dairy commission fills board vacancy
Green tech CEO named to commissioner spot on CDC board
Concerns that the Canadian Dairy Commission could be caught short at its board table have been resolved with a new appointment to a vacant commissioner’s chair. Federal Agriculture Minister Marie-Claude Bibeau on Sept. 27 announced Shikha Jain will be the CDC’s commissioner for a four-year term effective Sept. 15. Jain, who lives at Guelph, is […] Read more
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