Western Canadian feeder cattle prices experienced a week-over-week decline of $8-$12 on average while isolated sales dropped nearly $20. The sharp fall in the fed cattle market was the main reason for the deteriorating buying interest. Just when feedlots thought the worst was over, the market gave them another dose of reality. The retail market […] Read more
Klassen: Large beef supplies weigh on feeder market
U.S. grains: Soy climbs on uncertain weather, strong exports
Chicago | Reuters — U.S. soybean futures rose on Monday, retracing a portion of last week’s heavy declines, as attention turned to weather risks and strong export demand ahead of closely watched U.S. government crop reports, analysts said. Wheat futures sank on harvest reports of large U.S. yields at a time of ample world stocks, […] Read more
Pearce: Ontario corn, soy look good despite dryness
One part of Ontario is wilting under the absence of moisture, another part is… managing. As farmers in eastern Ontario look to the skies and the long-term forecasts for rainfall and relief, their colleagues in some parts of southern Ontario are doing a little better — concerned, but making do. Regions north of Toronto and […] Read more
U.S. grains: Soy, corn drop on Brexit fallout
Chicago | Reuters — U.S. corn and soybeans fell on Friday, caught up in a broad commodity sell-off as investors shed risky assets following Britain’s vote to leave the European Union. Wheat was mixed, with the front-month Chicago Board of Trade soft red winter wheat contract eking out a small gain on short-covering while deferred […] Read more
Pearce: Eastern Ontario weather challenges corn, soybeans
Times are tough for corn and soybean growers across parts of Ontario, with reports of wrapped leaves and low moisture levels. Hardest hit are the areas north of Toronto, through parts of Niagara and across eastern Ontario, where moisture levels in some locations are less than half of normal levels for May through to late […] Read more
U.S. grains: Corn weakens as weather improves
Chicago | Reuters — U.S. corn futures sank 1.4 per cent to a six-week low on Thursday, under pressure from improving weather forecasts across the U.S. Midwest as the crop nears key developmental phases, analysts said. The weather outlook also weighed on soybeans, which eased to a three-week low. Wheat also weakened, dragged down by […] Read more
CBOT weekly outlook: Corn, soy both watching weather, funds
CNS Canada — Chicago Board of Trade soybeans recorded losses during the week ended Wednesday. The market felt pressure from wet weather in the U.S. Midwest, which is expected to mitigate some of the damage caused by hot and dry conditions. As well, traders liquidated many of their long-term contracts. “We’re going to watch the […] Read more
U.S. grains: Corn to one-month low as rains spur long liquidation
Chicago | Reuters — U.S. corn futures fell on Wednesday, after plunging nearly 6 percent the previous day, as improving weather in the Midwest continued to stimulate long liquidation by commodity funds, traders said. Soybeans bounced on talk of fresh export demand for U.S. supplies while wheat closed nearly unchanged, struggling to rebound a day […] Read more
Schoepp: The short and sweet of who we are and what we eat
A survey of eating habits shows that tastes differ across the country, but food brings us together
Reading Time: 3 minutes We have a saying in our home that breakfast is the most important meal of the day — you should always make it home for breakfast. (When I was in my teens it was to make it home for breakfast and for the 3 a.m. milking!) Canadians do love to eat breakfast, especially in Quebec […] Read more
U.S. grains: Corn falls most in three years on crop prospects
Chicago | Reuters — U.S. corn futures tumbled nearly six per cent on Tuesday, the biggest one-day slide in three years, as forecasts for less-threatening weather in the Midwest prompted funds to liquidate long positions, traders said. Soybeans and wheat followed corn’s lead. K.C. hard red winter wheat futures hit contract lows. At the Chicago […] Read more
Cyber-Savvy Farmer
