Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky […] Read more
Klassen: Calves jump on corn outlook
Softer barley values underpin yearling market
Early USDA forecast points to record-large 2022 soybean crop
MarketsFarm — Farmers in the U.S. could grow a record-large soybean crop in 2022, according to early predictions from the U.S. Department of Agriculture released at their annual Agricultural Outlook Forum (AOF) on Thursday. The government agency forecast soybean plantings in the country at 88 million acres, which would be up by 800,000 from the […] Read more
U.S. agriculture official calls trade tensions with China ‘new normal’
Buenos Aires | Reuters — The United States and China are still in the early stages of their trade war and tensions that arise from it should be considered the “new normal,” a U.S. Department of Agriculture official said on Wednesday. Washington has tried to hold China accountable for its trade practices and not sought […] Read more
FAO, OECD see swine fever in China among risks to food markets
Paris | Reuters — The spread of a deadly pig disease in China that has disrupted the world’s biggest pork market is one of the major risks to a well-supplied global agricultural sector, the FAO and OECD said on Monday. African swine fever was highlighted in the annual agricultural outlook for 2019-2028 from the Food […] Read more
Food commodity prices seen stable over next decade
Paris | Reuters –– Higher agricultural productivity and slightly larger crop areas in the coming decade will cover rises in food demand, leading to stable prices and a period of more restrained agricultural markets, the FAO and OECD said Monday. In their annual Agricultural Outlook report, the Food and Agriculture Organization and the Organisation for […] Read more
USDA sees reduced U.S. plantings of corn, soy, wheat in 2015-16
Washington | Reuters –– U.S. farmers will plant fewer acres of soybeans, corn, wheat and cotton in the 2015-16 marketing year in response to falling prices, the U.S. Department of Agriculture said on Thursday. At its annual Agricultural Outlook conference, USDA forecast lower prices for most major U.S. crops following bumper harvests in 2014-15. “Consecutive […] Read more
Cyber-Savvy Farmer
