Daily News from Glacier Farm Media Network

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound

By Karl Plume October 7, 2024

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and […] Read more

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, News, Reuters

U.S. Grains: Soybeans ease on South American rain outlook; grain higher

By Karl Plume, Reuters October 7, 2024

Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.

Livestock, Reuters

McDonald’s sues major beef producers in US price-fixing lawsuit

By Mike Scarcella October 7, 2024

Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill […] Read more

General, News

What sustainability lessons can Canada learn from abroad?

By Jonah Grignon October 7, 2024

Panelists at the Canadian Agri-Food Policy Institute (CAPI) Canadian Agri-Food in a Sustainable World conference offered international perspectives on sustainability in the ag industry.

A combine in the Interlake runs against the setting sun on Nov. 1, 2022, in an effort to wrap up harvest. Photo: Greg Berg

General, Markets, News, Weather

Warmer, drier October followed by colder, snowier November

By Glen Hallick - MarketsFarm October 7, 2024

The balance of October is likely to remain warmer than normal across the Canadian Prairies, but the weather could turn colder than normal in November, Weatherlogics chief scientist Scott Kehler explained.

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Markets, News

Malaysia to produce less palm oil – USDA attaché

By Glen Hallick - MarketsFarm October 7, 2024

Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Markets, News, Reuters

Russia says grain harvest hit by Ukraine war, bad weather

By Gleb Bryanski, Reuters October 7, 2024

Russia's grain harvest will be hit by the impact of Ukraine's attacks on grain-producing regions close to the border and by bad weather in many other regions.

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle futures rise on technical buying, economic news

By Renee Hickman October 4, 2024

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures rose and feeder cattle touched a two-month high on Friday on technical trading, with stronger-than-expected September jobs data indicating good consumer demand, analysts said. Hog futures touched their highest level in four months before retreating. Benchmark CME December live cattle futures LCZ24 settled up 0.600 cent at […] Read more

Barley, Canola, Cereals, Crops, News, Oats, Pasture, Peas, Spring Wheat

Alberta harvest well ahead of five-year average

Progress hits 85 per cent complete

By Glen Hallick - MarketsFarm October 4, 2024

Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.

Agriculture and Agri-Food Minister, Lawrence MacAulay. Photo: parl.gc.ca

Crops, News

Eastern Canadian oilseeds to receive funding

By Jonah Grignon October 4, 2024

Minister of Agriculture and Agri-Food Lawrence MacAulay has announced funding up to C$4.3 million over five years to the Eastern Canada Oilseed Development Alliance (ECODA).

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

GFM Network News