Markets Archives | Page 2 of 1057 | Alberta Farmer Express

U.S. livestock: CME hogs book biggest one-week climb since April

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but traders see supplies starting to […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Weather threatens India’s crops

By Marlo Glass 5 days ago

MarketsFarm — India is experiencing abnormal rain and weather patterns that have resulted in almost half of the country receiving drastically less rain than usual. In total, the entire country is experiencing about 12 per cent less precipitation than is normally expected. Particularly, provinces in India’s key pulse-growing region are experiencing significant droughts during a […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn tops three-week high on heat wave

By Tom Polansek 5 days ago

Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing in farmers’ fields. Traders focused on worries about hot, dry conditions after heavy rains and flooding caused unprecedented delays in corn planting this spring. The […] Read more

General, Markets

Agriculture foreign workers get new path to residency

By John Greig 5 days ago

Updated, July 15 — The federal government has announced a pilot program that will make it easier for farms and food companies to maintain workers they recruit from around the world. Ahmed Hussen, minister for immigration, refugees and citizenship, announced the program Friday at Maple Leaf Foods in Mississauga. Why it matters: There’s a labour […] Read more

Global markets

Global Markets: Barry to test Louisiana flood defences

By GFM Network News 5 days ago

By MarketsFarm WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tropical Storm Barry will put Louisiana’s post-Katrina flood defences to the test this weekend, in particular those of New Orleans. As of Friday, Barry was forecast to bring winds in excess of 80 […] Read more

Livestock, Markets, Reuters

U.S. livestock: Lean hogs end lower

By Julie Ingwersen 6 days ago

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at 79.175 cents/lb., one day after […] Read more

General, Markets, Reuters

USMCA dispute panel fix must be ‘across the board,’ Mexico says

By Reuters 6 days ago

Mexico City | Reuters — Mexico sees a push to close a dispute resolution loophole in the Canada-U.S.-Mexico trade deal as a way to protect its interests as well as helping satisfy demands by U.S. Democrats that the deal contain stricter labour measures, a senior official said on Thursday. Reuters reported last week that Mexico […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat hits one-week top after USDA report

By Barbara Smith 6 days ago

Chicago | Reuters — U.S. wheat futures climbed to their highest in more than a week after the U.S. Department of Agriculture (USDA) lowered its forecast of global wheat production in a monthly supply and demand report on Thursday. Corn and soybeans followed the firm trend in wheat. Chicago Board of Trade September wheat settled […] Read more

Crops, Markets

CBOT weekly outlook: World wheat output seen lower than expected

By Marlo Glass 6 days ago

MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, released Thursday, USDA significantly cut production volumes in Canada, Australia, Russia and Ukraine. In total, global wheat production was down 9.4 million tonnes, and stocks […] Read more

General, Markets, Reuters, Weather

Cargill quarterly profit drops on trade tensions, U.S. floods

By Karl Plume 6 days ago

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more

U.S. to move BLM headquarters to Colorado

Ocean freight index hits five-and-a-half year highs

U.S. grains: Corn, soy slip on rains, crop ratings

GFM Network News