Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.
U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter
Lean hogs ended slightly up after early plunge
ICE weekly outlook: Virtually no upside for canola
Forthcoming South American soybean harvest a bearish influence
With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg.
CBOT weekly outlook: USDA estimates, weather pulling prices down
Shipping costs due to re-routing away from embattled Red Sea also affecting markets
Corn and soybean contracts hit new lows, while wheat saw its weakest prices in nearly two months on the Chicago Board of Trade (CBOT) during the week ended Jan. 17.
What is war fatigue?
If the West is 'tired' of the war in Ukraine, consider the reality of Ukrainians
As we approached the end of December, my mood, like that of most Ukrainians, was not at all Christmassy. The heroic achievement of 2022, when our lives hung in the balance and our defenders managed to repel the enemy, was replaced by the bloody routine of 2023.
Philippines bans poultry imports from California, Ohio to prevent bird flu spread
The country recently halted imports from Belgium, France on disease concerns
The Philippines' farm ministry said on Wednesday it has banned poultry imports from California and Ohio in the United States because of several outbreaks there of highly pathogenic avian influenza.
Bulk ocean freight rates fall from highs despite uncertainty
Container rates have climbed higher as Houthi attacks in the Red Sea have caused diversions
The Baltic Dry Index (BDI), a major indicator of bulk shipping rates, has dropped sharply over the past month after hitting 18-month highs in early December. Meanwhile, container rates have climbed higher over the same period as attacks by Houthi militants in the Red Sea have caused many shipping companies to divert their vessels.
Prairie forecast: More typical mid-winter weather
Issued Jan. 17, covering Jan. 17 to 24
For this forecast period it looks like it'll simply be winter--not bone chilling cold, but not springtime warm. The general pattern that appears to be developing across the prairies is showing warm air trying to push northeastwards out of the western U.S., but with a northwesterly flow across the prairies, it looks like there will be a parade of cold, arctic high-pressure systems dropping southeastwards every few of days. The question is, just how far north will the warm air push, or for far south will the arctic air push?
U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts
Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.
Share concerns, build relationships with MPs, lobbyist says
Stay informed and hold representatives to account regardless of affiliation, farmers hear
“Meet with your member of Parliament annually. That’s how you inform politicians. That’s where you can gain some real momentum and leverage. It only takes one MP to stand up at caucus and say I visited my constituents and this is the big issue,” said Dave Carey.
USDA confirms larger U.S. lentil/pea/chickpea crops
Edible bean production down slightly with lower seeded area, yield
Final production estimates for the past growing season from the United States Department of Agriculture confirmed larger lentil, dry pea and chickpea crops in the country in 2023/24 compared to the previous year, as yields improved for all three crops. However, edible bean production was down slightly as both yields and seeded area were down for the crop.
Cyber-Savvy Farmer
