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Saskatchewan’s harvest 90 per cent complete

MarketsFarm — Excellent weather over the week ended Monday saw Saskatchewan farmers make good harvest progress, with 90 per cent of the province’s crops off the field, according to the latest provincial report. Harvest progress was up from 81 per cent the previous week — and from the five-year average of 82 per cent. While


File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)

Conagra tops profit, sales estimates even as consumers turn thrifty

Reuters — Conagra Brands beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender’s and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation. Global food companies have been increasing prices over the past year to shield profit margins, which have been squeezed by

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh


CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soy rise on broad commodities strength

Chicago December wheat dips

Chicago | Reuters — U.S. corn and soybean futures closed higher on Tuesday, following broad strength in commodity and equity markets tied to easing concerns about the global economy, traders said. The dollar index retreated from two-decade highs set last week, softening after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike. The




There have been two notable exceptions when fertilizer prices spiked to extremely wide levels over crop prices.

The grain-fertilizer balancing act

There’s a strong correlation between grain and fertilizer prices

Every business is an economic equation balancing input costs with output prices, expenses and revenues to achieve the all-important profit margin number. For many businesses, the price of those inputs and outputs are relatively stable. In farming, where outputs are volatile agricultural commodities and inputs are made from equally volatile energy, mineral and metal commodities, managing both sides


Quebec’s Agriculture Minister Andre Lamontagne speaks to the CAQ’s annual meeting in Drummondville in late May 2022. (Andre Lamontagne video screengrab via Facebook)

Quebec ag minister cruises to re-election

Legault's CAQ scores bigger second majority

Quebec’s incumbent agriculture, food and fisheries minister will be returning to the province’s legislature as part of an even larger government caucus. Preliminary results in Monday’s provincial election put Francois Legault’s Coalition avenir Quebec (CAQ) in a solid majority government position with 90 of 125 seats, followed by Dominique Anglade’s Liberals, remaining in official opposition

(Ozo Foods video screeengrab via YouTube)

Meatpacker JBS to close U.S. plant-based foods business

Chicago | Reuters — Brazilian meatpacker JBS is closing its U.S. plant-based foods business, Planterra Foods, after about two years, the company said on Monday. The closure signals increasing troubles in the plant-based protein sector, where U.S. sales are flattening. Colorado-based Planterra sold fake meat under the Ozo brand, but JBS will now focus on