Reading Time: 5 minutes Satara/Singapore/London | Reuters — In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed strawberries to cows. It’s not a treat. They can either feed their crops to animals or let them spoil. And other farmers are doing just that […] Read more
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Strong global protein market drives meat production expansion
Strong demand continues for beef around the world, along with other proteins. That’s kept prices decent globally despite growing supplies.…
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Australia’s wheat crop troubled
MarketsFarm – Australia’s wheat crop is not looking good for 2019-20 and it’s more than the ongoing drought that’s to…
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Canadian dollar cushioning soy, corn prices
Ontario wheat, corn and soybean prices are relatively unchanged, compared to two weeks ago. It’s that time of year where…
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Community and economy meet at Hoards Station
Sales barns like Hoards Station Community Livestock Exchange continue to provide a key service to livestock farmers, both in selling…
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U.S.-China deal could be bad news for Ontario soybeans
The Ontario wheat market remains firm due to tight old crop stocks and uncertainty in new crop production in Europe,…
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Global export taxes affecting soybean markets
The United States Department of Agriculture and the department’s attaché in Buenos Aires differ widely on predictions for Argentina’s 2019-20…
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Stories from our other publications
How COVID-19 is upending global food supply chains
Cows fed strawberries in India, watermelons rot in U.S., okra not reaching Canada
Kraft Heinz cuts output at three plants, adds mac and cheese shifts
Reading Time: < 1 minute Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods such as macaroni and cheese. Speaking in a video presentation hosted […] Read more
China yet to resume all canola imports from Canada, officials say
No correction measures yet shown, Chinese foreign ministry says
Reading Time: < 1 minute Beijing | Reuters — China has yet to resume all canola imports from Canada, the foreign ministry said on Friday, after suspensions were imposed on some suppliers last year. Canola imports from some Canadian exporters were suspended by China because of quality reports and it has not received any correction measures, so imports have not […] Read more
U.S. livestock: Hog futures hit 17-1/2-year low
Cattle also sink as virus measures disrupt markets
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures fell on Friday to the lowest point since late 2002 on tumbling pork prices and slowing slaughter rates as measures to control the COVID-19 coronavirus pandemic shuttered schools and restaurants and sent U.S. unemployment rates soaring. Cattle futures also dropped as wholesale beef and cash feedlot cattle prices […] Read more
Funds covering shorts in canola
Traders also move to net long in Chicago soybeans
Reading Time: < 1 minute MarketsFarm — Fund traders covered short positions in canola and moved to a net long position in Chicago soybeans during the week ended Wednesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Wednesday at […] Read more
U.S. grains: Wheat firms after four-day slide
Corn hits 3-1/2-year low
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday, bouncing after a four-day slide, as traders weighed the threat of a deep economic downturn due to the coronavirus epidemic against supply tensions in some exporting countries. Corn extended a six-day drop, with May futures hitting the lowest for a most-active contract since September 2016, […] Read more
Canada’s pork sector up to speed, aware of challenges
Processing plants enhancing biosecurity; producers being urged to watch their stress levels
Reading Time: 2 minutes They’re adding protective plexiglass shields, bringing in trailers to separate groups of workers, and boosting communication on biosecurity. It’s all part of an ongoing effort to ensure pork processing plants aren’t disrupted by COVID-19. “I’m very impressed by our packers, and for the workers for coming to work every day and being there and realizing […] Read more
Prairie cash wheat: Prices a mixed bag
U.S. futures, loonie down on week
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada saw gains and losses for the week ended Thursday, due to declines in U.S. markets and a lower Canadian dollar. Canada Western Red Spring (CWRS) wheat was mixed with some losses, but prices steady to higher in six of the Prairie regions. Canada Prairie Spring Red (CPSR) was […] Read more
Feed weekly outlook: Barley, wheat remain firm
Feed corn values follow U.S. ethanol lower
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have firmed up across the Prairies amid the COVID-19 pandemic, said trader Allen Pirness of Market Place Commodities in Lethbridge. However, he also noted corn prices have fallen due to the steep decline in the U.S. ethanol industry. The Saudi Arabia/Russia crude oil price war put enormous […] Read more
U.S. livestock: Hog futures drop to 3-1/2 year low
Cattle also limit down on coronavirus pandemic
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures dropped to a 3-1/2 year low on Thursday while cattle tumbled as recession concerns and surging U.S. unemployment due to the coronavirus pandemic triggered broad liquidation across the battered livestock markets. Both live and feeder cattle and lean hogs dropped by their daily trading limits for a second […] Read more
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