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U.S. wheat futures rose more than one per cent on Wednesday as signs of a hardening conflict between Ukraine and Russia and worries about dryness in China appeared to spark a round of short-covering, analysts said.

As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.

China and Brazil are to further solidify their positions as the world's number two and three corn producers, according to attache reports from the United States Department of Agriculture.

Farmers Business Network is responding to strong demand for generic agricultural chemicals by expanding its Canadian operations.

A petition calling for greater federal support of the organic sector was presented in Parliament this Tuesday. “The petitioners are calling upon the Government of Canada to give Canadians better and more affordable access to the foods they want by establishing bold policies and programs that would encourage growth in the domestic supply of organic,” said B.C. MP Alistair MacGregor, who tabled the petition.

Grain futures fell on the Chicago Board of Trade last week with more uncertainty waiting in the wings.

With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.

Live and feeder cattle futures on the Chicago Mercantile Exchange were stronger Wednesday, as rising beef prices underpinned the markets.

Chicago Board of Trade soybean futures hit their highest level in more than a week on Thursday as technical buying helped the market recover from a three-month low reached on Monday, analysts said.

The Canadian Federation of Agriculture says new Prime Minister Mark Carney's removal of the consumer carbon tax will provide much-needed relief for farmers.