MarketsFarm — By the end of July, markets should have a good idea of what will shake out for corn and soybean crops in the U.S., according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Corn and the soy complex on the Chicago Board of Trade (CBOT), as well as the U.S. wheat complex, […] Read more
CBOT weekly outlook: Prices could turn higher by month’s end
U.S. FTC votes to make ‘right to repair’ a priority
Commission also drops 1995 merger policy
Washington | Reuters — The U.S Federal Trade Commission voted Wednesday to make it a priority to address the issue of manufacturers pushing consumers to use licensed dealers to repair items ranging from smartphones to farm equipment, a practice that critics call anti-competitive. The five commissioners, three Democrats and two Republicans, voted unanimously to approve […] Read more
U.S. grains: Winter wheat futures up sixth straight day
MGEX spring wheat falls
Chicago | Reuters — U.S. winter wheat futures rose for the sixth day in a row on Wednesday as adverse weather in key exporting countries raised supply concerns, traders said. Corn futures were steady to firm, with the front-month contract ending flat while new-crop offerings rose on support from dry soils that threatened to hamper […] Read more
New grazing stewardship program for 6,000 Prairie acres
Program has a component to help ranchers adopt multi-paddock grazing and regenerative agriculture
Reading Time: 3 minutes After growing its acres by 20 per cent last year, ALUS has lined up two big sponsors for a new initiative called Grazing Forward that will fund stewardship projects on 6,000 acres of Prairie ranchland. “A&W Canada and Cargill will together provide $1.8 million to support ranchers in Alberta, Saskatchewan and Manitoba as they continue to […] Read more
Marvel or foo-foo dust? No verdict yet on biostimulants
Many products purport to boost plant health and yield but objective evidence needed, says researcher
Reading Time: 3 minutes The jury is still out on biostimulants. “Hopefully in two or three years, we’ll have a better recommendation and strategy for these things, but right now, it feels like there are more questions than answers,” said Mike Gretzinger, research co-ordinator at Farming Smarter. The recent buzz around biostimulants — a variety of products that boost […] Read more
Pulse weekly outlook: Lentil prices seen as too high, sales stalling
'Destination markets are not in desperation mode'
MarketsFarm — Prices for pulses, such as lentils for example, have been approaching the point where they are good for growers but getting too expensive for the destination markets, according to Marcos Mosnaim of Mercaris Commodities. “It’s a kind of an interesting scenario, where you see farmers not selling and prices to farmers keep going […] Read more
‘Time is ticking’ on drought response for beef cattle sector
'We need answers like yesterday'
As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more
Hot, dry weather creates ‘significant uncertainty,’ AAFC says
MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast to decrease due to a […] Read more
U.S. grains: Wheat climbs on deteriorating crop conditions
Corn rises as U.S. crop rating misses consensus
Chicago | Reuters — Chicago wheat futures climbed on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat. Chicago corn gained, as a lower-than-expected weekly crop rating focused attention back to dry conditions in parts of the Midwest. Soybeans rebounded after being pressured by falling crude oil prices […] Read more
Telus, Rabobank ag arms buy into farm data aggregator
Companies join in on deal for Minneapolis-based Conservis
The agriculture arms of one of Canada’s major telecoms providers and a major Dutch bank and financial services firm are taking a stake in a tech firm in the business of gathering on-farm data into a single window. Telus Agriculture and Rabo AgriFinance, which is headquartered in St. Louis and serves U.S. farm customers, announced […] Read more
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