Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more
U.S. grains: Corn tops $7 for first time since 2013 in most-active contract
High corn prices are not destroying demand, Bunge CEO says
Mexico’s ban on GMO corn imports won’t apply to feed, U.S. says
Chicago | Reuters — U.S. Agriculture Secretary Tom Vilsack said on Friday that a Mexican plan to ban imports of genetically modified (GMO) corn would apply to grain used for human food products, not livestock feed, based on recent talks he had with Mexican Agriculture Secretary Victor Villalobos Arambula. Vilsack said limiting the ban to […] Read more
USDA plans more pandemic programs for disadvantaged farmers
Review found disparities in farm aid distribution
Chicago | Reuters — The U.S. Department of Agriculture said on Wednesday it will dedicate at least US$6 billion to help smaller-scale and socially disadvantaged farmers who were hurt by the pandemic, along with producers of organic food and other specialty crops. The agency said it would also increase by approximately $5.6 billion payments made […] Read more
Second activist investor buys into Elanco
Reuters — Hedge fund Starboard Value LP has taken a stake in Elanco Animal Health and nominated three directors to the animal healthcare company’s board, the Wall Street Journal reported Wednesday, citing people familiar with the matter. The WSJ report did not mention the size of Starboard’s stake in Elanco, which makes treatments for pets […] Read more
Farmers’ net cash income improves as crop prices soar
Winnipeg | Reuters — Canadian farmers reaped record profits last year and are on track to do the same this year, the federal agriculture ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed […] Read more
U.S. Senate confirms Vilsack as Biden’s ag secretary
Pandemic leaves USDA 'a lot of work to do'
Reuters — The U.S. Senate on Tuesday confirmed Tom Vilsack to head the Department of Agriculture, returning the former Iowa governor to the job he held under ex-President Barack Obama. The 100-member Senate approved Vilsack 92-7. He needed a simple majority in the Democratic-controlled chamber to be confirmed. As secretary of the sprawling department, Vilsack […] Read more
China’s 2020 corn, wheat imports reach record highs
Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world’s top agricultural market, bought a record 11.3 million tonnes of imported corn last year, including 2.25 million tonnes in […] Read more
EU farmers could get cash to curb emissions from belching livestock
Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
U.S. lifts federal protections for gray wolf
Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing […] Read more
If you call them watering troughs, you don’t live in Toronto
Stock tank 'pools' have been a hit during the pandemic for housebound urbanites with tiny backyards
Stock tank ‘pools’ have been a hit during the pandemic for housebound urbanites with tiny backyards
Reading Time: 3 minutes You might think of a stock tank as a way to get water to your thirsty cattle or horses. But these days, city dwellers are seeing watering troughs in a whole new light — stylish little pools that fit into even tiny urban backyards. And they’ve proven to be a pandemic hit, said Jaclyn Kelly, […] Read more