Farm Credit Canada (FCC) pledged up to $60 million to Glengarry Farm Finance Corporation to provide financial backing to farmers with credit issues, the firms announced yesterday.
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Farm Credit Canada funds alternative lending company
Rising CBOT soybeans facing resistance
Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.
Agriculture groups urge White House to avert U.S. East Coast port disruption
Dozens of groups including the American Farm Bureau Federation, Renewable Fuels Association and American Chemistry Council said "the time has come for the U.S. government to intervene and ensure port operations do not stop" in order to prevent damage to U.S. agriculture and the economy.
BASF targets partial listing of agriculture division
BASF is planning a partial listing of its agricultural business because the stock market is underestimating the unit's earnings prospects within the group, the German chemicals giant's new CEO told staff on Wednesday.
U.S. port strike threatens vital trade arteries
Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks ahead of the nation's presidential election.
Prairie forecast: Cooler, but still warmer than average
Forecast issued Sept. 25, covering Sept. 25 to Oct. 2, 2024
Despite a fairly unsettled pattern over the last forecast period, the weather models did a pretty good job of the forecast. For this forecast period, things should settle down a bit with a ridge of high pressure starting off our forecast. That doesn't mean that we won’t see any areas of low pressure, but unsurprisingly, the weather pattern is slowly shifting towards more of a fall pattern. That means quicker moving systems.
U.S. livestock: CME cattle end mostly higher as Wall Street climbs
Benchmark December live cattle futures LCZ24 on the Chicago Mercantile Exchange climbed to their highest in nearly two months on Tuesday, supported by technical buying and a rosy outlook for beef demand tied to strength in Wall Street equity markets, analysts said.
U.S. grains: Soybeans hit 2-month high before paring gains; corn, wheat sag
U.S. soybean and corn futures climbed to two-month highs on Tuesday, following broad gains in commodity and equity markets after China unveiled economic stimulus measures, but pared gains as forecasts called for improved crop weather in South America, analysts said.
Pulse weekly: Wide-ranging yields for Manitoba dry beans, peas
Yields for Manitoba dry beans and peas vary depending on where you are in the province, according to the Manitoba government's pulse specialist.
Exports could take a hit as Vancouver grain terminals workers strike
While producers could feel the pinch of a strike at the Port of Vancouver's grain terminals within a week, the markets won't feel much of a hit unless the strike continues for three or four weeks, analysts said.
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