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Source: World Meteorological Organization
Reuters, Weather

US forecaster says La Niña conditions present, could persist through Feb-April

By Reuters January 9, 2025
La Niña conditions are present and there is a 59 per cent chance of it persisting through February-April 2025, with a 60 per cent chance of transition to ENSO-neutral conditions during March-May 2025, a U.S. government forecaster said on Thursday.

(File photo)
Livestock, Markets, Reuters

USDA says it has not set Jan. 20 as date to resume Mexican cattle imports

By Reuters January 9, 2025
The U.S. Department of Agriculture has not established Jan. 20 as a date to resume cattle imports from Mexico, the agency said on Wednesday, after it blocked shipments in November over the discovery of the New World screwworm pest in Mexico.


2019 file photo: (VerdientFoodsInc.com)
News

Vanscoy, Sask. plant protein processor closes

By Geralyn Wichers January 8, 2025
Ingredion Inc. has closed its plant protein and flour processing facility at Vanscoy, Sask., effective January 6, according to filings with the U.S. Securities and Exchange Commission.

 Photo: Canada Beef
Markets, Reuters

U.S. livestock: CME cattle futures fall; lean hogs make slight gains

By Geralyn Wichers January 8, 2025
Most active February live cattle futures settled at 193.700 cents per pound, down 1.875 cents a pound from Tuesday. March live cattle futures fell 2.025 cents per pound to 266.025 cents a pound.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. livestock: Chicago grains, soy fall on dollar gains as traders await USDA data

By Renee Hickman, Reuters January 8, 2025
Chicago corn, soy and wheat futures dipped on Wednesday as the dollar jumped on uncertainty over U.S. President-elect Donald Trump's tariff plans, and as investors squared positions and awaited supply and demand data from the U.S. Department of Agriculture.

“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg
Canola, Markets, Soybeans

ICE Weekly: No news means no canola price movement

By Adam Peleshaty January 8, 2025
A lack of significant news has prevented canola prices at the Intercontinental Exchange to break out of its recent trading range to start 2025.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

CBOT weekly: Chicago soybeans/corn looking for direction

By Phil Franz-Warkentin January 8, 2025
South American weather forecasts, positioning ahead of the Jan. 10 United States Department of Agriculture supply/demand report and uncertainty over trade policies under the incoming Trump administration were all influencing the Chicago grain and oilseed markets during the first days of 2025.

Photo: branex/iStock/Getty Images
Livestock, News, Reuters

US to build new stockpile of bird flu vaccine for poultry

By Leah Douglas, Reuters January 8, 2025
The U.S. will rebuild its stockpile of bird flu vaccines for poultry matched to the current strain of the virus circulating among commercial flocks and wild birds, the Department of Agriculture said on Wednesday.


Long-grain white rice. (Honeyville.com)
News, Reuters

In first, Cuba leases farmland to foreign firm

By Marc Frank, Reuters January 8, 2025
Cuba said on Wednesday it had leased farmland to a Vietnamese company to grow rice, a first since the 1959 revolution which kicked all foreign landowners out.

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Markets, Reuters

Dry spell puts southern Brazil soy farmers on alert as rains pound central regions

By Reuters, roberto-samora January 8, 2025
Dry weather is limiting soybean development in Brazil's southernmost state, putting farmers on alert there at the same time as excessive rain is set to disrupt early harvest work in central areas of the country, according to meteorologists.


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