Chicago | Reuters — U.S. live and feeder cattle futures fell on Tuesday in a round of profit-taking ahead of an uncertain U.S. presidential election, analysts said. Chicago Mercantile Exchange December live cattle futures settled 0.725 cent lower at 107.825 cents/lb., after rising in each the last five sessions (all figures US$). CME feeder cattle […] Read more
Tag Archives election — page 4
U.S. livestock: Cattle futures trim back on election uncertainty
Pork fundamentals still bearish on hogs
U.S. grains: Soybean futures climb on export optimism
'No matter who's president, China still needs to feed their hog herd'
Chicago | Reuters — Chicago soybean futures climbed on Tuesday on export optimism and a slower-than-expected U.S. harvest pace, traders said. Wheat firmed as traders monitored dryness in U.S. and Russian growing belts, while corn traded higher on continued hopes of China buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled […] Read more
Trump subsidies make up a third of U.S. farm income
Administration has used trade wars, COVID-19 as reasons to boost subsidies
Reuters – U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, Ohio, Iowa […] Read more
ICE weekly outlook: Canola’s top likely in for 2020
MarketsFarm — The shine has officially come off the ICE Futures canola market, with prices dropping well below their multi-year highs during the last week of October. The most active January contract hit an overnight low of $514 per tonne on Wednesday, but managed to settle at $535.60. That compares with the contract high of […] Read more
Saskatchewan agriculture minister cruises to election win
NDP's ag critic trailing, with mail-in votes still to come
Another incumbent agriculture minister easily held his seat as Saskatchewan’s governing Saskatchewan Party scored another decisive majority in Monday’s provincial election. David Marit, MLA for the southwestern riding of Wood River since 2016, held his seat by a spread of 5,177 votes over the New Democrats’ challenger, teacher Roger Morgan, with 459 mail-in ballots remaining […] Read more
B.C. ag minister, critic expected to win re-election
NDP projected to form majority government
British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening […] Read more
Trump’s payments to farmers hit all-time high ahead of election
Canadian growers seek level playing field
Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, […] Read more
Rookie MLA named New Brunswick ag minister
Blaine Higgs' Tories sworn in as majority government
A politically-active retired New Brunswick schoolteacher is the province’s new minister for agriculture, aquaculture and fisheries. Premier Blaine Higgs, whose new Progressive Conservative cabinet was sworn in Tuesday in Fredericton, appointed Margaret Johnson, the newly elected MLA for the northwestern electoral district of Carleton-Victoria, to handle the ag and fisheries files. In last month’s provincial […] Read more
New Brunswick returns ag minister, ag critic in election
Liberals' former ag minister among casualties
New Brunswick’s incumbent agriculture minister and opposition ag critic are among those returning to the legislative assembly as the provincial Tories locked in a governing majority. As of 9 p.m. CT Monday, incumbent Premier Blaine Higgs’ Progressive Conservatives, who went into the vote with a 22-seat minority government, were elected in 27 of 49 ridings. […] Read more
Trump’s EPA sides with farmers over refiners on biofuel waivers
New York | Reuters — The Trump administration said on Monday it rejected scores of requests from U.S. oil refiners for waivers that would have retroactively spared them from their obligation to blend biofuels like ethanol into their fuel, delivering a win for farmers and a blow to the oil industry just ahead of the […] Read more
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