Daily News from Glacier Farm Media Network

Prairie forecast: Midwinter cold settles in

Forecast issued February 5, covering Feb. 5 to Feb. 12, 2025

By Daniel Bezte February 5, 2025

We start this forecast period off with plenty of cold air in place, which is a 180-degree change from a week ago. Saskatchewan and Manitoba will also have to deal with a disturbance on Wednesday and Thursday that may bring upwards of 15 cm of fluffy snow.

General, News, Poultry/Eggs

Bird flu spurs diner chain Waffle House to add 50-cent fee per egg

Temporary hike a reponse to rising egg prices

By Reuters, Waylon Cunningham February 4, 2025

U.S. diner chain Waffle House has added a 50-cent surcharge for every egg in a customer's order, the company said in a statement posted in its restaurants on Monday.

Beef Cattle, Hogs, Livestock, Markets

U.S. livestock: Cattle continue downward, hogs turnaround

U.S.,China impose tariffs on each other

By Glen Hallick - MarketsFarm February 4, 2025

Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Tuesday as the selloff continued.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Corn, Markets, Reuters, Soybeans, Winter Wheat

U.S. Grains: Soybeans climb to highest since July as tariff worries ease

By Reuters, Tom Polansek February 4, 2025

Chicago Board of Trade soybean futures jumped to their highest level since July on Tuesday as concerns eased that trade disputes will disrupt U.S. agricultural exports, analysts said.

The crisis line is available at 1-866-FARMS01 (1-866-327-6701) to provide confidential assistance to those in need (Photo: Andrii Zorii/Getty Images)

General, News

Launching National Farmer Crisis Line

Crisis line is available at 1-866-FARMS01 (1-866-327-6701)

By Glen Hallick - MarketsFarm February 4, 2025

As farming gleans stress from a variety of sources, the Canadian Centre for Agricultural Wellbeing announced on Feb. 4 that it has set up the National Farmer Wellness Network. The crisis line is available free of charge and was designed specifically for the mental health challenges faced by Canadian farmers, their families as well as […] Read more

Markets, Pulses

Pulse Weekly: Pulse Canada asks for ‘predictable, fair and equitable’ trade

Cherewyk gives reminder of Canada-U.S. relationship

By Adam Peleshaty February 4, 2025

Pulse Canada president Greg Cherewyk said his organization will promote fair trade with its U.S. counterparts despite lingering tariffs.

Beef Cattle, Livestock, Markets

Klassen: Western Canadian feeder markets set fresh high amid tariff threat

By Jerry Klassen February 4, 2025

For the week ending February 1, Western Canadian feeder cattle markets traded steady to $8 per hundredweight higher compared to seven days earlier. In some cases, larger packages of quality genetics were up as much $15/cwt from the prior week.

General, News

U.S. Fertilizer group calls for tariff exemption

Canadian and American fertilizer groups oppose tariffs

By Jonah Grignon February 4, 2025

Fertilizer industry representatives on both sides of the border are upset with U.S. President Donald Trump's tariffs, which have recently been postponed.

Photo: Piotr Swat/SOPA Images via Reuters Connect

Machinery, News, Reuters

CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales

By Abhinav Parmar February 4, 2025

Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets in 2025, sending its shares down 3.7 per cent before the bell. The Basildon, UK-based company expects 2025 adjusted earnings to be in the range […] Read more

News, Reuters

ADM quarterly profit falls on weak crush margins, announces layoffs

By Karl Plume February 4, 2025

Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. Chicago-based ADM said it aimed to cut costs by $500 million to $750 […] Read more

GFM Network News

Women who fed a nation

U.S. grains: Soybeans rise on China demand hopes; corn and wheat rebound

U.S. livestock: Hogs rebound, cattle hit upward limits

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