Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.
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U.S. grains: Corn and soy futures rise on new Brazilian tax rule
U.S. livestock: Cattle futures down amid oversupply, weak retail demand
Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Altin Kalo, economist at Steiner Group, said.
Biosecurity bill draws questions from Senate ag committee
Some senators said the bill should cover everyone who enters a livestock operation because anyone can pose a biosecurity threat
Senate scrutiny has begun on Bill C-275, the private member's bill to amend the Health of Animals Act, which would increase fines for those who unlawfully enter livestock barns and processing facilities.
Feed Grain Weekly: Prices drift down as seeding nears completion
The recent influx of moisture across the Prairies put pressure on feed grain prices, according to an Alberta-based trader.
Planting in Saskatchewan on the verge of completion
Spring planting in Saskatchewan moved into its final days as it advanced 17 points at 94 per cent complete as of June 3. Saskatchewan Agriculture noted that despite the speed seeding has been going it was a shade behind the five and 10-year averages of 97 per cent finished.
Strong Thunder Bay grain movement through May
The Port of Thunder Bay continues to see strong grain movement during the 2024 shipping season, with 923,700 tonnes moved in May, according to a report. That marked the second highest monthly grain total of the past two years and compares with 899,100 tonnes in May 2023.
Bird flu outbreak reported in Minnesota dairy herd, the state’s first
The ongoing U.S. outbreak of avian flu in dairy cattle reached Minnesota on Thursday as the state announced its first infected herd.
Soil should be a strategic national asset: Senate committee
The two-year study of Canada’s soils is now complete and recognizes that while conservation efforts over recent decades have been tremendous there is still more to be done
The Critical Ground: Why Soil is Essential to Canada’s Economic, Environmental, Human and Social Health report said Canada requires an overarching strategy to collect better data. It says a national soils institute database that shares information with provinces, academics and producers should be established.
Crop woes may lead Russia to narrow grain exports
Russian government says it may declare a nationwide emergency as frost, drought affects crop
Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB board member Vitaly Sergeуchuk said.
Cows infected with bird flu have died in five US states
Dairy cows infected with avian flu in five U.S. states have died or been slaughtered by farmers because they did not recover, state officials and academics told Reuters.
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