Spring wheat bids in Western Canada continued to trend lower during the week ended Jan. 18, as a move to contract lows in the United States futures weighed on values and countered support from a weaker Canadian dollar.
Western Canadian wheat bids trend down with U.S. futures
Canadian dollar weakened relative to U.S. counterpart
Feds disburse funds on community food security projects
Since 2019 the Local Food Infrastructure Fund has committed $64.8 million to such projects
Wednesday, federal agriculture minister Lawrence MacAulay announced up to $9.98 million in funding for community food projects through the fifth phase of the Local Food Infrastructure Fund, an outworking of the Food Policy for Canada.
Ag minister talks Proposition 12, VCOOL with the U.S.’s Vilsack
The trip marks MacAulay's first ministerial visit to the U.S. since regaining the role
Proposition 12 and voluntary country of origin labelling (VCOOL) were among topics raised during federal Ag Minister Lawrence MacAulay's first ministerial trip to to the U.S. after being appointed to the portfolio late last year.
France could face nationwide farmer protests as anger mounts
Farmers cite fuel taxes, excessive restrictions and red tape among grievances
France's largest farm union FNSEA is considering nationwide protests in the coming weeks, a spokesperson said on Friday, potentially expanding action by farmers in the southwest who have blocked a highway and dumped manure on public buildings.
U.S. livestock: Follow-through buying carries CME cattle to eight-week highs
Cattle lighter after severe winter weather traders say
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.
U.S. grains: Soy, corn futures end higher after setting multi-year lows
Beneficial rains have eased concerns about crop damage in Brazil from drought
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.
Western Canadian feed market cold, but quiet
General trend in barley pricing flat to lower
Extreme cold temperatures in Western Canada have done little to move the needle on feed grain markets as corn continues to come up from the United States and end users appear well covered for the time being.
China’s embrace of GMO crops gains momentum with new import, planting approvals
GMO corn, soybeans, cotton recently approved for domestic production in China
China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.
Red Sea crisis cutting farm exports from Ukraine, minister says
Wheat shipments via Suez plunge amid Red Sea attacks: WTO
The situation in the Red Sea has led to a slowdown in Ukrainian agricultural exports in January, agriculture minister Mykola Solsky said on Thursday.
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
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