Brazil's drought is causing farmers there to delay fertilizer purchases for their upcoming corn-planting season, denting sales for global fertilizer suppliers in the world's top corn-exporting country, executives told Reuters.
Brazilian farmers slow fertilizer buys as drought dampens corn-planting plans
Fertilizer companies are already dealing with lower profits as prices sag
U.S. livestock: CME hogs, cattle close at highest levels since November
Gains in the stock market supported livestock futures, analyst says
Chicago | Reuters -- Chicago Mercantile Exchange hog and cattle futures closed at their highest levels since November on Friday as short covering lifted the livestock markets, traders said.
U.S. grains: Soy posts first weekly gain in 1-1/2 months
Traders waited to see whether beneficial rains will arrive in dry areas of Brazil
Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.
AAFC raises canola, wheat ending stocks forecasts
Pea, barley carryout estimates raised, lentils cut in half
Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.
Grocery code will stabilize producer incomes, say fruit and vegetable growers
The code has hit recent speed bumps as grocery giants Loblaw and Walmart have stalled signing on
Canada's proposed grocery code of conduct will usher in a new era of fairness and transparency and stabilize grower incomes, said the Fruit and Vegetable Growers of Canada (FVGC) in a statement Thursday.
Prairie cash wheat: Most Western Canadian cash prices drop
Surge in Canadian dollar weighed on Prairie cash prices
Wheat prices across the Canadian Prairies fell back for Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, while those for Canadian Western Amber Durum were mixed.
Biden backs ethanol industry on low-emission aviation fuel tax credits
Aviation is seen as one of the few routes to increase ethanol demand amid rising electric vehicle sales
Reuters - The Biden administration said on Friday it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for sustainable aviation fuel (SAF), a pivotal win for the politically powerful U.S. corn lobby.
U.S. livestock: CME lean hogs jump following recent slide
Live cattle futures have bounced a bit after sinking last week to a 14-month low
Lean hog futures climbed at Chicago Mercantile Exchange on Thursday as the market rebounded from recent losses amid short covering and hopes that cash prices may have reached a bottom, analysts said.
U.S. grains: Soy futures rise amid US export demand
China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts
Chicago | Reuters -- Chicago Board of Trade soybean futures settled higher on Thursday on steady U.S. export demand and weakness in the dollar, analysts said.
Feed weekly outlook: U.S. corn imports keep lid on Prairie feed grains
Mild Prairie weather contributing to lower feed demand
Glacier FarmMedia – Feed prices for barley and wheat across much of Western Canada are very likely to remain low until the end of winter/the beginning of spring, according to Erin Harakal of Agfinity in Stony Plain, Alta.