Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.
U.S. livestock: Livestock futures turn lower on pressure from equity markets
Strong U.S. dollar adds pressure to cattle, hog futures
Carbon exemption amendments costly to farmers: PBO
Financial analysis finds carbon tax relief will be significantly lower after changes
Amendments to Bill C-234 will cost Canadian farmers nearly $90 million a year, according to a report by the Parliamentary Budget Officer (PBO) released February 13.
Dairy sector set to stabilize in 2024: FCC
Feed prices, butter stocks, retail demand and inflation top trends to watch
The dairy sector seems set to stabilize in 2024 amidst high processor demand and leveling-off input costs, Farm Credit Canada says.
Pulse weekly outlook: Lentil demand, prices on the rise
Reduced production in India, tariff elimination driving demand
The increasing demand for lentils, especially green lentils, is raising prices while Canadian stocks are also tighter than they were a year ago.
Number of US farms falls and size increases, census shows
Number of acres in production falls by 20 million
Farms in the U.S. continued to get larger and the number of farms fell between 2017 and 2022, new data released by the U.S. Department of Agriculture showed on Tuesday.
Head of French farmers union says protests could resume
Government in talks with farmers over prices, regulation and bureaucracy but union says its not doing enough
The head of France's biggest farming union - the FNSEA - said on Tuesday that protests that hit the sector last month could resume if the government does not do more to meet their demands for better pay and working conditions.
Klassen: Feeder market continues to climb
Canadian values appear to be one week behind the U.S. market
For the week ending February 10, Western Canadian the market for yearlings over 800 pounds was $3/cwt to $6/cwt compared to a week earlier. Feeder cattle suited for grass and calves were up $8/cwt to as much as $25/cwt in some cases compared to the week prior. Quality steers averaging 600 pounds were readily trading in the range of $410-$425 up from the range of $380-$395 last week.
U.S. livestock: Feeders firm, live cattle futures ease
Lean hogs also finish lower amid demand questions
Chicago Mercantile Exchange feeder cattle futures posted solid gains on Monday, on weakness in the corn market and amid market signals that feed lots may be interested in holding their herds back from slaughter, traders said.
U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows
Market keeps eye on South American weather
Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.
Early application window open for 2024 cash advances
The Advance Payments Program is a federal loan program administered by CCGA
Western-Canadian farmers can apply for a 2024 spring cash advance through the Canadian Canola Growers Association starting today.
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