Chicago soybean and corn futures settled lower on Tuesday as brisk U.S. harvest progress and forecasts for rain in drought-hit Brazilian crop belts bolstered expectations of abundant global supplies, traders said.
Daily news
U.S. grains: Soy, corn end lower on harvest pressure, expected Brazil rain
Canadian Grain Commission releases August export report
The Canadian Grain Commission's monthly report on grain exports for August 2024 - the first month of the 2024/25 marketing year.
Pulse Weekly: Yellow peas slip as India pauses levy cut
Yellow pea bids in Western Canada are coming under pressure, while green pea prices hold steady.
Federal government pledges more than $13 million to animal health, disease readiness
National animal health and disease preparedness has received an influx of more than $13 million in federal cash. The money will be split between AHC's three divisions: Emergency Management, the National Farm Animal Care Council (NFACC) and the Canadian Animal Health Surveillance System.
Land values continue to rise: FCC
Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year.
Recent solar flare has little impact on farmers
A precision ag expert says a massive solar flare that occurred late last week may not end up causing too many problems after all. Matt Yanick, owner of My Precision Ag Ltd., says the flare that various space weather monitoring stations detected Oct. 3 doesn't seem to have too caused many issues at all.
EU deforestation law delay brings losses to most vigilant companies
Companies that have paid to source agricultural produce that complies with the European Union's anti-deforestation law would lose out if the EU decides to delay implementing the legislation by a year, industry groups and traders said.
Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says
Decrease in available palm oil would be ‘catastrophic’ for global consumers, analyst says
Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Indonesia currently has a mandatory 35 per cent blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40 per cent palm oil to cut its energy imports.
Canada posts sixth straight monthly trade deficit in August
Farm, fishing and intermediate food product exports rose
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Klassen: Feeder markets experience stronger demand
For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
Cyber-Savvy Farmer
