Chicago soybean, corn and wheat futures rallied on Tuesday on short-covering and concerns over weather conditions in South America and Russia, market analysts said.
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U.S. grains: Chicago soy, grain futures settle up, but fall for the year
What are atmospheric rivers and why do they cause flooding?
Atmospheric rivers are storms akin to rivers in the sky that dump massive amounts of rain and can cause flooding, trigger mudslides and result in loss of life and enormous property damage.
Prairie forecast: Colder weather moving in with the New Year
Forecast issued Dec. 31, covering Dec. 31 to January 8, 2025
For this forecast period, it looks like the quiet weather pattern will continue as the weather models are not showing any big storm systems impacting the Prairies. We should continue our slow cooldown with temperatures during most of this forecast period looking to be near to below average.
Klassen: Feeder market has many factors to digest in 2025
For the week ending December 28, there were no feeder cattle sales in Western Canada; however, that didn’t stop cattle producers from emailing or calling me over the holidays inquiring about market direction. I thought it would be an opportune time to discuss a couple factors that will influence the market direction over the next couple of months.
China approves more GM crops to boost yields, ensure food security
China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.
ADM shareholder presses CEO to resign as criminal probe continues
A shareholder of agribusiness Archer-Daniels-Midland is pressing the company's CEO to resign for failing to clearly tell investors about problems with its internal accounting practices that have sparked a criminal investigation first reported by Reuters.
U.S. livestock: Lean hog futures fall on domestic, export demand uncertainty
Chicago Mercantile Exchange (CME) lean hog futures fell to two-month lows on Monday, hit by profit-taking and growing uncertainty over domestic and export demand in the coming months, market analysts said.
U.S. grains: Corn falls on profit-taking after reaching 6-month high
Chicago Board of Trade corn futures turned lower on profit-taking after the benchmark contract Cv1 hit a six-month high in choppy trade ahead of the year's end, market analysts said.
Food and beverage sector sees softening demand for workers
Job vacancies in food and beverage manufacturing fell to 2019 levels this year, but softening demand for workers isn’t necessarily a positive sign says Farm Credit Canada.
Russia extends quota on ‘unfriendly’ country seed imports, Interfax reports
Russia on Monday extended quotas on the import of certain types of seed from countries designated as "unfriendly", the Interfax news agency reported, citing the Russian government's press service.