MarketsFarm — The further tightening of wheat and barley feed supplies is prompting feedlots to purchase more corn from the U.S., according to an Alberta-based analyst. “We’re nine months away, or almost 10 months away from more inventory coming in. There’s not much there for wheat and barley,” said Mike Fleischhauer of Eagle Commodities at […] Read more
Feed weekly outlook: Wheat, barley supplies tighten, replaced by corn
U.S. EPA proposes biofuel mandate cuts
Proposal seen as boost to pandemic-hit refiners
New York | Reuters — The Biden administration proposed on Tuesday a reduction in the amount of biofuels that U.S. oil refiners were required to blend into their fuel mix since the onset of the COVID-19 pandemic. The long-awaited decision offers some relief to the U.S. refining industry after the health crisis slammed domestic demand […] Read more
U.S. EPA to propose expanding credit eligibility under biofuel program
New York | Reuters — The Biden administration is expected to propose expanding the kinds of renewable fuel production processes that are eligible to receive credits under the U.S. Renewable Fuel Standard program, three sources familiar with the matter said. The move could help increase production of advanced biofuels, which include lower-carbon products such as […] Read more
P.E.I. potato exports to U.S. halted
Canada imposes new rules after potato wart findings
Canada has moved to halt exports of Prince Edward Island potatoes to the United States after findings of potato wart in the province last month — on what federal officials describe as the threat of a U.S. ban. The Canadian Food Inspection Agency said Monday it has “temporarily suspended” exports of fresh potatoes from P.E.I. […] Read more
U.S. border reopens to Canadian land travelers
Travel business sees 'tremendous pent-up demand'
Toronto | Reuters — A steady stream of Canadian visitors, particularly retirees headed to U.S. sun spots, crossed the U.S. border by car on Monday for the first time in 20 months as Washington lifted travel restrictions. Traffic was heavy at times at some U.S. border posts such as Bluewater Bridge, Michigan near Sarnia, Ont., […] Read more
U.S., UAE lead $4-bln effort to help farming adapt to climate change
Johannesburg | Reuters – The United States and the United Arab Emirates on Tuesday used COP26 climate talks to launch efforts to channel funding into making agriculture resilient to climate change, as well as to cut its emissions. The farming industry, a major part of the U.S. economy, is already battling the effects of climate change, including […] Read more
CBOT weekly outlook: Potential U.S.-China trade deal moving markets
Speculation regarding a potential trade deal between the United States and China is sparking movement on the Chicago Board of Trade (CBoT). Ryan Ettner, broker for Allendale Inc. in McHenry, Ill., said there was optimism on the markets last week when trade representatives from both nations restarted talks. With the countries’ current deal expiring at […] Read more
White House heeded pressure to reopen Canada border, U.S. lawmaker says
Washington | Reuters — A U.S. congressman from New York said on Wednesday that political pressure had persuaded the White House to end a historic 19-month closure of its land borders with Canada and Mexico to millions of non-essential foreign visitors. Representative Brian Higgins, a Democrat representing a district along the Canadian border, said: “You […] Read more
Police reopen Ambassador Bridge
Bridge reopened following search for explosives
Updated, Oct. 4 — Toronto | Reuters –– Canadian police reopened a major road bridge between Canada and the U.S. after largely shutting it down for hours on Monday to search for possible explosives in a vehicle, resulting in long delays for truckers at the busiest international crossing in North America. The Canada Border Services […] Read more
U.S. spring wheat crop down sharply in 2021
MarketsFarm — Spring wheat production in the United States was down sharply in 2021, according to the latest annual small grains report from the U.S. Department of Agriculture. Total spring wheat production was pegged at 9.01 million tonnes by the government agency, down 44 per cent from the 15.99 million tonnes grown the previous year. […] Read more
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