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Pulse weekly outlook: Prices mostly steady ahead of seeding

Reading Time: < 1 minute MarketsFarm — As farmers decide what to plant in 2020, Dale McManus of Johnston’s Grain at Welwyn, Sask. hasn’t seen any significant deviation from what producers normally buy for pulse seed. “Red lentils, green lentils, green and yellow peas,” McManus cited among the pulses being purchased. Also, he noted, prices have remained quite steady in […] Read more


U.S. livestock: Futures surge as investors snap up discounts

June live cattle limit up off Monday's limit-down drop

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures surged on Tuesday — with live cattle futures up to their 4.5-cent expanded limit — as steep discounts in futures prices over the current cash markets wooed investors to buy back in, traders said. Feeder cattle also jumped to their normal trading day limits, as the sector overall […] Read more

Klassen: Feeder market lacks buying interest

Market gives in to pressure from Chicago futures

Reading Time: 2 minutes Compared to last week, western Canadian feeder cattle markets traded $5-$8 lower on average, with yearlings dropping as much as $10-$12 in certain areas. It appears buyers are incorporating a risk discount due to uncertainty in beef demand longer-term. Rising unemployment levels, sluggish consumer confidence and a sharp drop in disposable income are all factors […] Read more

Ontario extends RMP deadlines for crops, livestock

Move won't create coverage gaps, Agricorp says

Reading Time: < 1 minute Ontario grain, oilseed and livestock producers will get extra time to apply for, make changes to or cancel coverage under the provincial Risk Management Program (RMP). Agricorp, the province’s ag program delivery agency, announced Wednesday the new deadline for applications or coverage changes for 2020 will be June 30. The previous deadlines to apply or […] Read more


Canola production paths diverge for Canada, Australia

Issues seen in Canadian crop quality, logistics

Reading Time: 2 minutes MarketsFarm — Canola production is on different paths in Canada and Australia, according to the respective attachés from the U.S. Department of Agriculture (USDA). For the world’s top two canola exporters, the attachés forecast production in Canada to remain steady and project strong gains for Australia. USDA’s Foreign Agricultural Service (FAS) published the reports Monday, […] Read more

U.S. livestock: Live cattle futures drop as pandemic roils markets

Technical buying lifts hogs, feeder cattle

Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures plunged to their daily trading limit on Monday — with prices for the front-month contract hitting the lowest seen since December 2009 — as beef inventories remain robust with much of the U.S. restaurant industry shuttered due to the pandemic. April live cattle were down the 4.5-cent […] Read more

Trade pacts, food policy on AAFC’s agenda for 2020-21

Department also plans to back collaborative research between farmers, scientists

Reading Time: 3 minutes Improving international trade and introducing the new food policy highlight Agriculture and Agri-Food Canada’s (AAFC) plans for the next year. In its 2020-21 departmental plan, which sets priorities for the upcoming year, AAFC says it will “continue to assist the sector to take advantage of market opportunities and maintain or improve access to international markets, […] Read more


Beef demand soars as consumers ‘aggressively’ stock up

Surge in sales accompanied by a jump in people looking online for recipes

Reading Time: < 1 minute Canada’s beef demand has been strong during the pandemic. “Unlike previous disease outbreak issues, COVID-19 has not been about food safety or consumer confidence or issues with food products,” Canada Beef president Michael Young said during a recent online town hall. “Beef demand at retail is up 50 to 70 per cent. Consumers have aggressively […] Read more

Canadian farmland trending less affordable in FCC report

Average values continue rising across board

Reading Time: 3 minutes The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more