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Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.


Darren Bond talks at St. Jean Farm Days

VIDEO: Finding profit on your farm in 2025

With the amount of financial risk farmers are exposed to in any given growing year, paying close attention to operating costs to remain profitable is essential. At St. Jean Farm Days on Jan. 9, Darren Bond, farm management specialist with Manitoba Agriculture, delivered a presentation entitled, ‘Finding profit in 2025.’ In his presentation, Bond spoke

The May feeder cattle futures have developed a pattern. The market rallies and then consolidates for nearly a month before making another leg higher. This pattern is expected to continue.	SOURCE: DTNPROPHETX

Feedlot margins boost feeder cattle market

Feedlots are expected to bid up the price of feeder cattle so that margins in the deferred positions cover variable costs

For the week ending Jan. 11, western Canadian feeder cattle prices were up $15-$20 per hundredweight compared to the week ending Dec. 21. In eastern Saskatchewan and Manitoba, quality packages of steers 800 pounds and heavier traded $20-$25 per cwt. higher compared to three weeks earlier. Alberta packers were buying fed cattle on a dressed