Australia Archives - Page 14 of 24

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat hits three-month high on signs of tightening supplies

By GFM Network News October 18, 2019

Chicago | Reuters — Chicago wheat futures touched a three-month high on Friday, buoyed by rising cash prices and signs of tightening global supplies, analysts said. Soybean futures rose on worries about the size of the U.S. harvest while corn fell on disappointing weekly U.S. export sales. At the Chicago Board of Trade, December soft […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Canola, Crops, Soybeans

Most oilseed estimates down in USDA’s October outlook

By GFM Network News October 15, 2019

MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global rapeseed production at 68.6 million tonnes, a decline of one million, with the lion’s share of the losses in Canada. Canadian production for 2019-20 was […] Read more

Crops, Reuters

Crown pension fund bids for Australian ag firm Webster

By Reuters, GFM Network News October 3, 2019

Reuters — Australian agribusiness company Webster Ltd. said on Thursday it has signed a deal for a A$854 million (C$763.65 million) takeover by shareholder PSP Investments, one of Canada’s biggest pension funds. The walnut, cotton and livestock producer said the A$2 per share offer — a 57.5 per cent premium to Wednesday’s ordinary shares closing […] Read more

CBOT December 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soybean futures ease

By GFM Network News September 27, 2019

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce […] Read more

Barley, Crops, Markets

Ample world malt barley supply to limit export prices

By GFM Network News September 13, 2019

MarketsFarm — Canadian malt barley growers may be dealing with adverse harvest conditions that could lead to quality downgrades in some areas — while world supplies of the key beer ingredient remain more than sufficient to meet global demand. “There’s no real indication at this time that we’ll see a significant up move (in price),” […] Read more

Crops, Markets, Reuters

U.S. grains: Crop condition rating lifts corn

By GFM Network News September 10, 2019

Chicago | Reuters — U.S. corn futures rebounded on Tuesday from four-month lows struck in the previous session after the U.S. Department of Agriculture said the U.S. crop’s condition unexpectedly declined over the past week. Soybeans followed corn higher despite steady crop condition ratings, as worries about lower yields in the late-developing crop underpinned prices. […] Read more

Craig and Woody  Oliver farm with their sons, Lee and Lachlan.

Features, Livestock

Meet your farming neighbours: Craig and Woody Oliver

Craig and Woody Oliver and their sons farm in Victoria, Australia

By Kim Nielsen September 10, 2019

Every farm has its own story. No two farms (or farmers) are exactly alike. Everyone got started in a different way, and every farm has a different combination of family and hired staff who make the decisions and keep things running. But, in general, even after you consider all of the details, farmers are more alike than different, even when they’re on […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Harvest weighs on Saskatchewan bids

By GFM Network News September 3, 2019

MarketsFarm — Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada — but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered, […] Read more

Barley, Crops, Markets

Malt barley prices remain stable

By GFM Network News July 9, 2019

MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more

FarmLife

Is a trip to Australia in your future?

If so, here’s some helpful tips you’ll  want to know about

By Dwayne Leslie June 7, 2019

Australia is a country that should be on every farmer’s bucket list to visit. Nowhere in the world can you find farming, (and farmers) that most imitate what we see in our own Prairie towns yet with a unique British flair. Getting ideas Careful planning and research will make for a safe, enjoyable and rewarding […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News