Technical selling, fund liquidation and demand concerns drove Chicago Mercantile Exchange cattle futures to multi-month lows on Friday, analysts said.
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U.S. livestock: Cattle futures sink to multi-month lows
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
Ag leader Kim McConnell honoured by Calgary business leaders
Agriculture communications entrepreneur Kim McConnell is being recognized by the University of Calgary's Haskayne School of Business and the Calgary Chamber of Commerce as an inspirational business leader.
Prairie Wheat Weekly: Spring wheat advances, durum lower
Western Canadian spring wheat bids were steady to higher during the week ended April 11, while durum prices fell below the C$400 per tonne mark entirely.
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.
Nearly 55 million people face hunger in West and Central Africa
Soaring prices have helped fuel a food crisis in West and Central Africa, where nearly 55 million people will struggle to feed themselves in the coming months, U.N. humanitarian agencies warned on Friday.
U.S. livestock: Cattle futures turn higher, hog futures rebound
Chicago Mercantile Exchange (CME) cattle futures firmed on Thursday, bolstered by technical trading and anticipated consumer demand going into the grilling season, analysts said.
U.S. grains: Corn futures drop despite lower US supply numbers
Chicago corn futures dipped on Thursday after the U.S. Department of Agriculture projected domestic ending stocks will remain at a five-year high, despite a reduction from last month.
Alberta gets farm family class one driver’s license
Alberta farmers and their family members now have the option to apply for a farm-restricted class one driver’s licence. It would allow them to drive almost any form of motor vehicle to and from the farm. These licenses with be issued with condition code “P” meaning the driver must comply with farmer restrictions. Applicants must […] Read more
USDA holds steady on Brazilian production estimates
Soybean and corn production in Brazil remains uncertain after a pair of conflicting reports released April 11.
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