Chicago | Reuters – Chicago Mercantile Exchange live cattle futures closed higher on Monday after news that New World screwworm, a flesh-eating parasite, was detected 70 miles from the U.S.-Mexico border, analysts said. Analysts believed the news would mean the U.S.-Mexico border will be closed to feeder cattle imports for the foreseeable future. “It’s bullish […] Read more
U.S. livestock: Cattle futures higher on screwworm news
Trade mission heads for Japan as Canada becomes the country’s top pork supplier
Canadian pork industry members are headed to Japan on a trade mission this week as Canada supplants the U.S. as Japan’s top pork supplier.
U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows
Chicago | Reuters – soybeans fell to a six-week low on Monday, as a phone call last week between U.S. President Donald Trump and Chinese President Xi Jinping provided no signs of progress on negotiations over agricultural exports, analysts said. Wheat fell on expectations of plentiful global supplies. Corn also dipped as dealers awaited the […] Read more
Canadian durum samples show damage from wet weather
Canada’s durum crop has been damaged from rainy, damp conditions, with some farmers holding off on harvesting crops in the hopes of drier weather the Canadian Grain Commission said.
Canada could diversify $12 billion in farm and food exports away from U.S. says FCC
Canada could move $12 billion worth of food and beverage exports to non-U.S. markets according to a new report from Farm Credit Canada.
Argentina throws wrench into China-U.S. soybean trade says Cordonnier
In an unexpected move, Argentina has seriously disrupted any possible new crop soybean purchases to be made by China from the United States, said analyst Michael Cordonnier of Soybean and Corn Advisor Inc. in Hinsdale, Ill.
Increased interest-free canola cash advances rolling out
Doubled interest-free advances for canola through the Advance Payments Program are now available says the Canadian Canola Growers Association.
Mexico confirms case of New World screwworm in northern state, USDA says
Mexico confirmed a new case of New World screwworm in Sabinas Hidalgo, Nuevo Leon, less than 70 miles (113 km) from the U.S.-Mexico border, the U.S. Department of Agriculture said.
Proposed dicamba restrictions please expert
Spray expert says proposed dicamba rule change would ban ‘over the top’ use of the herbicide
U.S. livestock: Cattle markets up ahead of report
Cattle futures on the Chicago Mercantile Exchange were stronger on Friday, with positioning ahead of the U.S. Department of Agriculture’s latest cattle on feed report behind much of the activity. The report came out after the markets closed, with placements in August down 10 per cent on the year at 1.78 million head and marketings […] Read more