Daily News from Glacier Farm Media Network

U.S. grains: CBOT soybeans gain ground as canola tumbles on Chinese import probe

By P.J. Huffstutter September 3, 2024

Chicago | Reuters – Chicago Board of Trade soybean futures turned higher on Tuesday, at one point reaching a near four-week high, bolstered by export demand, crop condition concerns and news that China plans to launch an anti-dumping investigation into imports of Canadian canola, traders said. The ICE canola contract for November delivery RSX4 dropped […] Read more

Hail in a yard west of Somerset, Manitoba, June 12, 2024. Photo: Alexis Stockford/File

Crops

August storms yield hail claims on Prairie crops

By Janelle Rudolph September 3, 2024

Saskatchewan bore the brunt of Aug. 12-18 storms that racked up hail claims from Alberta to Manitoba.

Crops, News

Australian crop production estimates rising: ABARES

By Phil Franz-Warkentin September 3, 2024

Australian wheat and barley production in 2024/25 is expected to be larger than earlier estimates and well above what was grown the previous crop year, according to updated estimates from the Australia’s agriculture department (ABARES). Wheat production was forecast at 31.8 million tonnes in the September ABARES report, which would be up by 2.7 million […] Read more

Markets, Pulses

Pulse Weekly: Australian chickpea crop sees major expansion

By Adam Peleshaty September 3, 2024

Australia will see its largest chickpea crop in nearly a decade, according to winter crop production estimates released by the Australian Bureau of Agricultural and Resource Economics (ABARES) on Sept. 3. The agency forecasted 1.333 million tonnes of chickpea production over a seeded area of 1.900 million acres for the 2024-25 crop year, 70 per […] Read more

Cereals, Markets, Reuters

Ukraine 2024/25 wheat exports to be capped

By Pavel Polityuk September 3, 2024

Kyiv | Reuters – Ukraine’s farm ministry has agreed with traders and agriculture associations to limit wheat exports in the 2024/25 July-June season to 16.2 million metric tons, the ministry said on Tuesday. The government and traders annually sign a memorandum in which officials promise to maintain the existing terms of trade and not restrict […] Read more

Beef Cattle, Cow-Calf, Livestock, Markets

Klassen: Feeder cattle market stabilizes

By Jerry Klassen September 3, 2024

For the week ending August 31, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. Finishing feedlots are exuding a cautious sentiment. While order buyers had a full deck, there were upside limits. Pen-sized strings of quality yearlings traded at a premium to average values. Alberta packers were buying fed cattle […] Read more

Canola, Reuters

China hits Canada with anti-dumping probe on canola imports in response to EV tariffs

By Mei Mei Chu September 3, 2024

Beijing | Reuters – China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the United States and European Union, and announced […] Read more

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

Markets, Reuters

U.S. grains: Wheat rises on European supply issues, corn and soy on greater demand

By Renee Hickman, Reuters August 30, 2024

Chicago wheat rose on Friday, and registered its biggest weekly gain in more than three months on concerns over lower production in Europe.

Markets, Reuters

U.S. livestock: Live hog prices tick up, seasonal dip less sharp than expected

By Renee Hickman, Reuters August 30, 2024

Chicago Mercantile Exchange (CME) lean hog prices ended up slightly on Friday as analysts said a seasonal drop in pork prices toward the end of summer looked less drastic than expected.

Cattle graze north of Deerwood in September 2023. PHOTO: ALEXIS STOCKFORD

Livestock

Federal government opens bids for foot and mouth vaccine bank providers

By Alexis Stockford August 30, 2024

Canadian government opens bids for foot and mouth vaccine bank providers.

GFM Network News

Arlene Dickinson says recent trip to Asia opened her eyes to new trade opportunities

Association of Equipment Manufacturers sets up lobby in Ottawa

Corteva to split seeds, pesticide units into separate listed companies

Daily news