The Svalbard Global Seed Vault, storing food crop seeds from around the world in man-made caves on a remote Norwegian Arctic island will receive more than 14,000 new samples on Tuesday, a custodian of the facility said.
Arctic doomsday seed vault gets more than 14,000 new samples
Trump says Canada, Mexico tariffs on schedule despite border, fentanyl efforts
President Donald Trump said on Monday that tariffs on Canadian and Mexican imports are "on time and on schedule" despite efforts by the countries to beef up border security and halt the flow of fentanyl into the U.S. ahead of a March 4 deadline.
UK rules out trade deals which undercut food standards
Britain says it will not sign trade deals with potential suppliers such as the U.S. that open the way for food imports that are produced in a way that would be illegal for the country's farmers.
Klassen: Feedlot operators anticipate lower feeder cattle supplies for spring
Feedlot Operators Anticipate Lower Feeder Cattle Supplies in Spring
For the week ending February 22, Western Canadian feeder cattle markets traded steady to $5 higher on average compared to seven days earlier. Positive feeding margins along with improving weather enhanced demand from Alberta and Ontario feedlot operators. Many feedlot operators have shrugged off the tariff threat and are carrying on business as normal. Auction market scouts, who are sourcing for cattle, report that many cow calf producers sold cattle earlier in December or January. It appears that there will be a sharp drop in available numbers in Western Canada during March and April. This sentiment appears to have spurred on larger operations to secure ownership of feeder cattle in the short-term
At the Lloydminster sale, larger frame lower flesh Simmental based steers weighing 950 pounds sold for $363. South of Edmonton, larger frame mixed steers on barley and corn silage ration with full processing records averaging 903 pounds traded for $370. North of Calgary, Limousin mixed heifers carrying lighter butter averaging 910 pounds supposedly traded for $335.
At the St Rose Auction in Manitoba, medium to larger frame red steers evaluated at 800 pounds notched the board at $395. At the same sale, larger frame black heifers on the card at 809 pounds were valued at $357. The Prince Alberta auction market report had black steers weighing 742 pounds trading for $400. In Central Alberta, a smaller string of 705-pounds Angus blended steers on light barley and silage diet with full processing data were last bid at $432. In Southern Alberta, red Simmental based heifers averaging a hair over 700 pounds reportedly moved at $374.
The Lloydminster Auction Market Report had black mixed steers evaluated at 604 pounds selling for $486. In central Saskatchewan, run-of-the-mill mixed heifers scaled at 610 pounds apparently sold for $408. In Manitoba, Simmental cross steers weighing a hair over 600 pounds were quoted at $479. In central Alberta, pre-conditioned Charolais heifers weighing 625 pounds on hay and silage diet were valued at $433.
The Prince Albert Market Report had 500-pound black steers selling for $560. In southern Alberta, Charolais based steers averaging 510 pounds were quoted at $570. In Manitoba, a smaller package of Charolais heifers weighing 505 pounds reportedly sold for $469.
U.S. feedlot placements during January were 1.822 million head, up 2% or 31,000 head from the January 2024 figure of 1.791 million. In the U.S., we’re seeing a build-up of market-ready fed cattle supplies. The opposite is occurring in Western Canada. Market-ready fed cattle supplies in Alberta and Saskatchewan are extremely tight. The function of the Western Canadian feeder cattle market is to ration demand by trading at a premium to U.S. values.
It appears that there will be a sharp drop in available numbers in Western Canada during March and April. This sentiment appears to have spurred on larger operations to secure ownership of feeder cattle in the short-term.
U.S. grains: Corn slips from multi-month top on profit-taking; soy, wheat follow
U.S. corn futures fell 1.6 per cent on Monday, retreating from multi-month highs set last week, pressured by profit-taking and improving weather forecasts for South America, analysts said.
U.S. livestock: Live, feeder cattle climb; hogs fall back
Chicago Mercantile Exchange cattle futures climbed on Monday while hogs fell back.
Net long position hits new record in canola futures
Funds put on new bullish bets, cover shorts
Heavy amounts of fund buying coupled with speculators covering short positions saw the net long position in canola futures hit a new record during the week ended Feb. 18.
Federal government funds Port of Trois-Rivières update
Grain shipping hub to be relocated, rebuilt at St. Lawrence Seaway port
The federal government pledged up to $87.1 million to update the Port of Trois-Rivières, Québec, which is a shipping hub for grains and aluminum.
Russian winter crops should withstand late frosts, weather forecasters say
Late winter frosts in Russia's southern breadbasket regions are unlikely to inflict significant damage on winter crops, the state weather forecasting agency said on Monday in a forecast for the end of February.
China’s pork consumption has no more room to grow, says researcher
There is no more room for growth in Chinese pork consumption in the near future, Zhu Zengyong, a researcher with the state-backed Chinese Academy of Agricultural Sciences said on Monday.
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