Despite temperatures exceeding 30 degrees Celsius on the Prairies and a weakened Canadian dollar, Western Canadian spring wheat prices were mixed and those for durum were lower during the week ended July 25.
Daily news
Prairie Wheat Weekly: Weather, weak loonie fail to lift prices
U.S. livestock: Live cattle futures surge on cash market, GDP data
Chicago | Reuters – Chicago Mercantile Exchange (CME) cattle futures climbed on Thursday, as prices in the cash market rose and signs of strength appeared in the U.S. economy, market analysts said. At one point during the session, the most-active October live cattle futures contract LCV24 surged up to 189.050 cents per pound – the highest price […] Read more
Light shed on bird flu spread in mammals
Researchers from Cornell University have determined how cows infected with H5N1 bird flu were able to spread the virus to other cows and mammals. In the study published in the journal Nature on July 24, scientists used genomic data, computer modeling, and data about the virus’s spread to show how infected cows from Texas spread bird flu […] Read more
U.S. grains: Corn and soybeans rise on hot, dry weather concerns
Chicago | Reuters – Chicago soybeans and corn strengthened on Thursday as worries about the August weather forecast in the central U.S. took centre stage. Meanwhile, slow demand and cheap Russian exports pressured wheat as a crop tour in North Dakota forecast high spring yields in the United States, according to analysts. Hot, dry weather […] Read more
Feed Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Back to normal for cereal leaf disease in Saskatchewan
Precipitation has more or less returned to normal in Saskatchewan, but that also means cereal growers need to be more aware of leaf and other diseases, says a plant pathologist.
Oilseed crush, grain deliveries up year-by-year
The amounts of Canadian oilseeds crushed, as well as those for grains delivered, saw slight increases compared to the year before, according to Statistics Canada (StatCan). Domestic producers crushed 861,671 tonnes of oilseeds last June, more than the 821,292 crushed in June 2023. The June canola crush was reported to be 776,354 tonnes, with 334,909 […] Read more
Brazil beef output to hit record in 2024, Conab says
Sao Paulo | Reuters – Brazil’s beef production is expected to reach a record 10.19 million metric tons in 2024, national crop agency Conab said on Thursday, a 7.1 per cent year-on-year increase that would eclipse the current all-time high set in 2006. Beef exports from the South American country are seen reaching 3.44 million […] Read more
Crop tour forecasts record wheat yields in parts of North Dakota
Devils Lake, North Dakota | Reuters – U.S. spring wheat crops in northwest and north-central North Dakota are expected to produce the highest yields since at least 1994, the Wheat Quality Council said on an annual tour on Wednesday. Crop scouts estimated the average hard red spring wheat yield at 53.7 bushels per acre, up […] Read more
U.S. livestock: Lean hog futures firm on technical trade; cattle futures mixed
Chicago Mercantile Exchange (CME) lean hog futures ticked up on technical trading on Wednesday, while cattle futures were mixed to lower, analysts said.
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