Australia Archives - Page 15 of 24

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

U.S. grains: Corn ends firm, farmer selling pares gains

By GFM Network News May 15, 2019

Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more

File photo of idled equipment in drought conditions on a farm in New South Wales, Australia. (f.ield_of_vision/iStock/Getty Images)

Crops, Reuters, Spring Wheat, Weather

Australia to import first wheat in 12 years as drought bites

By GFM Network News May 15, 2019

Sydney | Reuters — Australia will import its first shipment of wheat in more than a decade as a drought across the country’s east coast wilts supply in the world’s fourth largest exporter of the staple grain. Australia’s Department of Agriculture and Water Resources said late on Tuesday that it has approved an import permit […] Read more

Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

Crops, Reuters

Suitor quits bid for Australia’s GrainCorp

By Reuters, GFM Network News May 7, 2019

Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 per cent at the open of trade on Tuesday to hit close to where it stood preceding […] Read more

Barley. (Photo courtesy Canada Beef Inc.)

Barley, Crops, Markets

Feed weekly outlook: Barley acreage buoyed despite current prices

By GFM Network News April 18, 2019

MarketsFarm — International demand for Canadian feed barley has been strong thanks to a 2018 growing season drought in Australia that limited exportable supplies. China purchased nearly 950,000 tonnes of Canadian barley in the first seven months of the 2018-19 year, significantly above the five-year average. However, feed markets in general are quite sluggish ahead […] Read more

Harvest weather so far this fall may cost barley end-users seeking malting-grade product this year, the CMBTC warns. (Dave Bedard photo)

Barley, Crops, Markets

Malt barley acreage predicted to increase

By GFM Network News April 1, 2019

MarketsFarm — Industry experts expect malt barley acreage in Western Canada to increase by about five per cent this year, supported by strong prices for both feed and malt. “All indications suggest we’ll see an increase in malt barley, as well as feed,” confirmed Peter Watts of the Canadian Malting Barley Technical Centre. In light […] Read more

In this swath grazing experiment, yearlings working their way  across a paddock where Phalaris was swathed while it was growing,  with some green regrowth as well.

Cattleman’s Corner, Livestock

Testing swath grazing in Australia

The climate is totally different, but the season is the same

By Kim Nielsen March 5, 2019

Editor’s Note: Keep in mind seasons in Australia are reversed: spring — September to November; summer — December to February; autumn — March to May, and winter — June to August. Most graziers, at least in Western Canada, equate swath grazing to images of cows with snow on their back line and with frozen muzzle […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets, Reuters

Barley ‘price war’ seen sparked by China, Saudi demand drop

By Reuters, GFM Network News February 14, 2019

Paris | Reuters — A drop in demand from China and Saudi Arabia sent barley prices tumbling in recent weeks, despite low global supply, and price pressure may continue if harvest prospects for next season remain good, analysts at Strategie Grains said. The barley market rallied earlier in the 2018-19 season with weather-hit crops in […] Read more

Australia’s electronic marketing system appears convenient and reliable even when making deals an ocean away.

Beef Cattle, Cattleman’s Corner, Livestock

Cattle marketing across the miles

In the Aussie system, agents handle E-auction

By Kim Nielsen February 6, 2019

Editor’s Note: Keep in mind seasons in Australia are reversed: spring — September to November; summer — December to February; autumn — March to May and winter — June to August. At our grazing operation, Alcheringa Pastoral in Victoria, Australia, we have generally purchased cattle in late spring, after I arrive in October, and sell […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soy end lower on technical selling

By Julie Ingwersen, GFM Network News February 1, 2019

Chicago | Reuters — U.S. corn futures fell more than one per cent on Thursday on a rising estimate of Argentina’s crop and chart-based selling, analysts said, while soybeans and wheat also declined. Chicago Board of Trade (CBOT) March corn settled down 4-3/4 cents at $3.76-1/2 a bushel (all figures US$). March soybeans ended down […] Read more

Barley, Crops, Markets, Winter Wheat

Feed weekly outlook: Tight supplies, good demand support barley

By Phil Franz-Warkentin, GFM Network News January 24, 2019

Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] 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