California plan for water tunnels violates environmental rules: EPA — August 29, 2014


Reuters — A California plan to bore two massive water tunnels under the fragile Sacramento-San Joaquin Delta hit a barrier this week when the U.S. Environmental Protection Agency said the plan could violate the federal Clean Water Act and further degrade the delta’s ecosystem. The decision is the latest in a series of setbacks for […]

U.S. livestock: CME live cattle supported by higher cash trade — August 29, 2014


Chicago | Reuters – Chicago Mercantile Exchange live cattle futures settled up on Friday boosted by higher prices in the cash cattle market, traders said. Cash cattle, or market-ready cattle, sold in the U.S. Plains at $155 to $156 per hundredweight (cwt), traders said (all figures US$). Last week, cash cattle in Kansas and Nebraska […]

U.S. grains: Rain forecast weighs on corn, soy, wheat futures — August 29, 2014


Chicago | Reuters — U.S. corn and soybeans closed lower on Friday, flirting with contract lows on forecasts for rain that boosted confidence of bumper harvests for both crops this fall. The weather outlook, which called for rains across broad stretches of U.S. growing areas, also weighed on wheat futures as farmers prepared for seeding […]


EMI payments close to $63 million on 985,000 acres too wet to seed

The deadline for selecting fields for Excess Moisture Insurance coverage in 2015 is this Nov. 30

Manitoba farmers were paid almost $63 million under Excess Moisture Insurance (EMI) on 985,000 acres reported as too wet to seed this spring. “It’s a little less than what we were estimating before we had all the data keyed in and got the actual calculations done,” Craig Thomson, Manitoba Agricultural Services Corporation’s (MASC) vice-president of […]

Jamaica re-opens to Canadian beef — August 28, 2014


Canadian beef producers have scored access to a long-closed market as Jamaica will again take Canadian product. Agriculture Minister Gerry Ritz and Trade Minister Ed Fast announced Monday that Jamaica has approved all imports of beef from Canada, effective immediately. The country closed its ports to Canadian beef in 2003 after the discovery of Canada’s […]

Agrium crop input arm buys fertilizer additive maker — August 28, 2014


A Texas company making biochemical additives for the crop fertilizer market has become an arm of Agrium’s Loveland crop input business. Loveland Products announced Tuesday it’s bought a controlling stake in Agricen, the Dallas-area firm that makes Loveland’s Accomplish LM and Titan PBA products. Both products, sold in the U.S., include “biochemical-based” ingredients used to […]

Recently-seeded Argentine wheat threatened by rain — August 28, 2014


Buenos Aires | Reuters – Heavy rains in Argentina’s farm belt over recent days have increased the risk of wheat crop loss, the Buenos Aires Grains Exchange said in its weekly crop progress report Thursday. Wheat in the South American grains powerhouse is planted mostly in May through July and harvested November through January. The […]

U.S. livestock: Cash price optimism rallies CME live cattle — August 28, 2014


Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned up sharply on Thursday in anticipation of steady-to-better prices for market-ready or cash cattle this week, traders said. Futures drew more support from their discounts to last week’s cash cattle returns. August live cattle, which will expire on Friday, ended up 1.45 cent per […]

U.S. grains: Wheat rallies on rising concerns about Black Sea exporters — August 28, 2014


Chicago | Reuters — U.S. wheat futures rose 1.7 per cent to a three-week high on Thursday, supported by concerns that escalating tensions between Ukraine and Russia would curtail shipments from those two key grain exporters, traders said. “The grains were reasonably stable overnight, until it was reported this morning that Russian troops were launching […]

FCC again extends loan plan for young farmers — August 28, 2014


Canada’s federal farm lending agency has held over its Young Farmer Loan program for a third year and again boosted the program’s budget commitment. Farm Credit Canada said Thursday it will continue the program, which grants loans to eligible producers under age 40 for up to $500,000 to buy or improve farmland and buildings. The […]