Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, following last Friday’s cash prices that fell short of expectations and worries over potential consumer response to news about a possible tie to red meat and cancer risk, traders said. The World Health Organization (WHO) warned that eating processed meats can […] Read more

U.S. livestock: CME live cattle, hogs sag while digesting meat warnings
Indonesia’s president says country intends to join TPP
Washington | Reuters –– Indonesian President Joko Widodo, speaking after a meeting with U.S. President Barack Obama on Monday, said his country intends to join the Trans-Pacific Partnership trade deal the U.S. has forged with Canada and 10 other countries. “We are the largest economy in Southeast Asia,” Widodo said through a translator. “And Indonesia […] Read more

U.S. grains: Wheat jumps more than four per cent on weather concerns
Chicago | Reuters — U.S. wheat futures surged more than four per cent on Monday as recent floods in parts of Texas and forecasts for continued dry weather in the U.S. Plains buoyed the market that had been falling in recent weeks. Futures prices for corn crept higher as U.S. farmers continued to cling to […] Read more
Feed: U.S. cattle on feed edge up
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Monday, Oct. 26. • CBOT corn futures were stronger on Monday, with the December contract quoted at US$3.845 per bushel, as a rally in wheat provided spillover support. However, the advancing US harvest and generally improving yield prospects […] Read more

Global markets: WHO research
CNS Canada — The following is a glance at the news moving markets globally. PROCESSED MEAT CAUSES CANCER, WHO SAYS — Eating processed meat can cause bowel cancer, the World Health Organization (WHO) said Monday. The WHO added processed meats, such as hot dogs and ham, to its group one list, which also includes items […] Read more

Alta. names new deputy ag minister
A former assistant deputy minister in municipal affairs is now Alberta’s chief agricultural bureaucrat. Beverly Yee was named Thursday as the new deputy minister for agriculture and forestry, replacing Jason Krips. Yee, who has worked for the province since 1994, has held several executive management positions, the province said. Her most recent posting was as […] Read more

Sept. U.S. feedlot cattle placements near 20-year low
Chicago | Reuters — The number of cattle moved into U.S. feedlots in September fell to its lowest since the government began compiling the data in 1996, a U.S. Department of Agriculture report showed on Friday. Last month’s placement results were nearly in line with analysts’ forecasts, mostly based on the fall in prices for […] Read more

Monsanto clears USDA regulatory hurdle for new GM corn
Chicago | Reuters — The U.S. Department of Agriculture on Friday signed off on a new genetically modified type of corn developed by Monsanto after a review concluded it posed no significant threat to agricultural crops, other plants or the environment. USDA’s Animal and Plant Health Inspection Service (APHIS) announced it would deregulate Monsanto’s MON […] Read more

Mosaic lays off staff at Sask. potash mine
Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and reduced demand in key markets. […] Read more

Court rejects Ont. growers’ bid for stay on neonic regs
The association for Ontario corn and soybean growers is “evaluating several options” after its request for a stay of the province’s new limits on neonicotinoid seed treatments was rejected. The Ontario Superior Court denied the request from Grain Farmers of Ontario (GFO) for a stay and interpretation on the neonic regulations, which became law in […] Read more