After a softer tone during the third week of April, western Canadian feeder cattle values stabilized trading steady to $5 higher on average this past week. Notable gains were noted […] Read more
Markets/Business
Klassen: Rejuvenated interest stabilizes feeder market
Maple Leaf results improve as Toronto plant shuts
Maple Leaf Foods booked improved sales and margins for its first fiscal quarter as the last of its further-processing plants slated for closure in 2011 completed its last production run. […] Read more
Declining canola crush margins start to be felt
CNS Canada –– Declining canola crush margins are finally starting to be felt in the Canadian processing sector. The weekly crush pace took a hit, in the latest report from […] Read more
Canadian beef again moving to China
Federal inspectors are again issuing certificates for exports of Canadian beef to China, as Beijing’s temporary ban on the Canadian product comes to an end. The Chinese government in late […] Read more
Strong new-crop prices could entice more pea, lentil area
CNS Canada — Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released […] Read more
U.S. livestock: Profit-taking snaps hogs’ six-day streak
Chicago | Reuters — Chicago Mercantile Exchange lean hogs settled lower on Friday, pressured by profit-taking before the weekend that snuffed their six-session rally, traders said. May closed 0.95 cents […] Read more
U.S. grains: Corn falls to lowest since October on rapid plantings
Chicago | Reuters –– U.S. grains shed as much as one per cent on Friday as investors sold off positions on the first day of May amid bearish headwinds of […] Read more
China pledges $11B to support grain farmers
Beijing | Reuters –– China will give a total of 57.8 billion yuan (C$11.26 billion) to grain farmers as part of efforts to deepen rural reform, promote modern agriculture and […] Read more
Farm business tax credits on tap in Manitoba budget
Expansions and extensions for tax credits of use to Manitoba farmers and small agribusinesses were laid out Thursday in the province’s latest budget. Finance Minister Greg Dewar’s plan calls for […] Read more
Russian wheat price may rise when tax removed
Moscow | Reuters — Russian wheat prices may rise in coming weeks when the government removes an export tax, set earlier this year to cool food inflation, SovEcon agriculture analysts […] Read more
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