Beef cattle prices have trended above the five-year average, but low numbers of replacement heifers and beef cows suggests producers aren't ready to grow cattle herds.
For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.
Chicago wheat futures dipped from three-month highs on Monday on profit taking following the previous week's rally sparked by crop concerns in Europe and escalating tensions between Russia and Ukraine, traders said.
Farmers who plan to hunt geese and ducks this fall should take biosecurity measures to ensure they don't transmit high path avian influenza (bird flu) to their flocks and herds.
Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
A U.S. judge has dismissed a lawsuit accusing agriculture giants Bayer, Corteva, Syngenta and others of conspiring with wholesalers and retail outlets to fix prices for seeds and crop protection chemicals, causing farmers to pay higher prices
The Canadian Food Inspection Agency recommends that farmers do not take dairy or beef cattle to shows or agricultural exhibitions in the United States to reduce the risk of spreading avian influenza (bird flu) to Canadian herds.
Hot and dry weather saw crop conditions decline across much of Western Canada over the past month, with the latest model-based production estimates from Statistics Canada showing downward revisions in both canola and wheat production from the August report.