Daily News from Glacier Farm Media Network

Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

By Tom Polansek June 13, 2024

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures backpedaled on Thursday from a one-week high reached during the previous session, while live cattle futures strengthened. Hog futures eased after wholesale U.S. pork prices pulled back from a jump on Tuesday. The U.S. Department of Agriculture priced the pork carcass cutout at $97.02 per […] Read more

Crops, Markets, Reuters

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

By Tom Polansek June 13, 2024

Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more

Though the spread of avian influenza in dairy farms is increasing, the Centers for Disease Control in the U.S. said the risk to humans remains low. Photo: File

Dairy Cattle, News

Bird flu continues to spread in U.S. dairy farms

By Glen Hallick - MarketsFarm June 13, 2024

The number of dairy farms in the United States that have reported bird flu among their livestock increased to 94 in a dozen states, according to reports. Meanwhile, the Centers for Disease Control said the risk to humans remains low. The CDC noted it’s monitoring more than 500 people with 45 tested for bird flu. […] Read more

Crops, News

Saskatchewan spring planting virtually complete

By Glen Hallick - MarketsFarm June 13, 2024

At 98 per cent complete, spring planting in Saskatchewan has essentially wrapped up for 2024, although for rain has delayed farmers’ last rounds in the northeast and east-central regions of the province. For the week ended June 10, it was the northeast that received the most precipitation in Saskatchewan. The province’s latest crop report noted […] Read more

The federal government has invested over $5 million to spur growth and resilience in the barley sector. Photo: InnaTarasenko/iStock/Getty Images Plus

Barley, News

Funding boost announced for barley research in Western Canada

By Miranda Leybourne June 13, 2024

The federal government has invested over $5 million into the barley sector, aimed at creating more resilient varieties that can handle climate change. Federal Agriculture and Agri-Food Minister Lawrence MacAulay on June 12 announced $5,257,073 earmarked for the Canadian Barley Research Coalition. The funding echoes similar announcements for research clusters dedicated to commodities like canola […] Read more

New crop pricing for barley is becoming available at levels lower than old crop prices, says grain broker Agfinity. Photo: File

Barley, Corn, Markets

Feed weekly: Prairie barley market steady with good new crop projections

By Phil Franz-Warkentin June 13, 2024

Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought fears had encouraged some demand earlier in the year, but “now that those fears have been alleviated, (buyers) are starting to dig in,” according to […] Read more

Cereals, Reuters

Strategie Grains cuts EU wheat crop forecast as harvesting starts

By Gus Trompiz June 13, 2024

Paris | Reuters – Strategie Grains lowered its monthly forecast for this year’s soft wheat crop in the European Union, confirming its expectation for a four-year low in production as harvesting gets under way. The consultancy now sees 2024/25 soft wheat production in the 27-country bloc at 121.8 million metric tons, 1.7 million tons less […] Read more

Test tubes labelled “Bird Flu” and eggs are seen in this picture illustration, January 14, 2023.
Photo: REUTERS/Dado Ruvic/Illustration/File

Livestock, Reuters

Two dozen companies working to find bird flu vaccine for cows, US agriculture secretary says

By Leah Douglas June 13, 2024

Reuters – Twenty-four companies are working to develop an avian flu vaccine for cattle, as the virus spreads among U.S. dairy herds, Agriculture Secretary Tom Vilsack told Reuters on Wednesday. Bird flu has infected 90 dairy herds across 12 states since late March, according to the U.S. Department of Agriculture (USDA). Three dairy farm workers […] Read more

In its latest WASDE report, the USDA held its 2023/24 production numbers for corn with Brazil at 122 million tonnes and Argentina at 53 million. Photo: Thinkstock

Markets

June Supply and Demand report has little effect on grain markets

By Glen Hallick - MarketsFarm June 13, 2024

To broker Ryan Ettner of Allendale Inc. the June supply and demand reports from the United States Department of Agriculture has little impact on the markets for June 12. “Given the fact we didn’t miss expectations by much in any category, I would say we continue to trade as we have been trading,” Ettner said. […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

By Julie Ingwersen June 12, 2024

Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more

GFM Network News

CFIA says regulatory changes will cut agricultural red tape

U.S. livestock: Feeder cattle hit record high on tight supply, strong cash prices

ICE Canada Weekly: Canola poised to slip below C$600/tonne

Daily news

U.S. livestock: Lean hog futures retreat as wholesale US pork prices sag

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

Bird flu continues to spread in U.S. dairy farms

Saskatchewan spring planting virtually complete

Funding boost announced for barley research in Western Canada

Feed weekly: Prairie barley market steady with good new crop projections

Strategie Grains cuts EU wheat crop forecast as harvesting starts

Two dozen companies working to find bird flu vaccine for cows, US agriculture secretary says

June Supply and Demand report has little effect on grain markets

U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

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