GFM Network News Archives | Manitoba Co-operator

U.S. livestock: Cattle set multi-month lows as virus fears hit markets

Chicago | Reuters — U.S. live and feeder cattle futures touched their lowest prices in months on Friday as traders booked profits amid fears about the spread of a new virus from China. Broad selling also hit hog futures, along with equities and crude oil as investors moved into safe-haven assets. Developments in the spread

Crops, Markets

U.S. grains: Soybeans hit six-week low as China virus sparks selling

By GFM Network News, Tom Polansek 13 hours ago

Chicago | Reuters — U.S. soybean futures sank to their lowest level in more than six weeks on Friday as fears over the coronavirus spreading from China triggered broad-based selling. Corn and wheat futures also weakened as the U.S. Centers for Disease Control and Prevention confirmed a second U.S. case of the new virus in

Crops

Nestle to source plant proteins from Winnipeg

By GFM Network News, Rod Nickel 16 hours ago

Winnipeg/Zurich | Reuters — Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops. Meat substitutes from plants in burgers, nuggets and many other foods are a fast-growing industry, driving up

Crops, Markets

AAFC forecasts more wheat, less canola seeded in spring

By GFM Network News, Phil Franz-warkentin 1 day ago

MarketsFarm — Canada’s farmers will seed more wheat and less canola in the 2020 growing season, according to the first supply/demand estimates for the 2020-21 marketing year, released Thursday by Agriculture and Agri-Food Canada. Total seeded wheat area is forecast to rise to 25.77 million acres, from 25.02 million the previous year. Production is forecast

Crops, Markets

Feed weekly outlook: Temperatures rise, Prairie bids cool down

By GFM Network News, Phil Franz-warkentin 1 day ago

MarketsFarm — Feed grain bids in southern Alberta are cooling down as temperatures warm up after a bitter cold spell earlier in the month. After dealing with temperatures in the -20 C to -34 C range over much of the week ended Jan. 17, conditions in the key Lethbridge feeding area have flipped the other

Crops, Markets

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

By GFM Network News, Glen Hallick - MarketsFarm 2 days ago

MarketsFarm — ICE Futures canola traders have been keeping a close eye on this week’s extradition hearings for Huawei executive Meng Wanzhou in Vancouver. The hearing is to determine whether Meng will be extradited to the U.S., which requested her arrest by Canadian authorities in December 2018. China, in the wake of that arrest, detained

Markets

Rising protein demand expected in 2020

Canada able to serve both plant- and animal-based protein markets

By GFM Network News 2 days ago

MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by

Crops, Weather

Favourable growing conditions forecast for major ag regions

By GFM Network News 2 days ago

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather

Livestock, Markets

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Lean hogs follow cutout values higher

By GFM Network News, Tom Polansek 2 days ago

Chicago | Reuters — U.S. live and feeder cattle futures dropped to their lowest prices in about two months on Thursday as traders adjusted positions before a government report that is expected to show an increase in supplies. Hog futures, meanwhile, advanced to their highest prices in about two weeks. The U.S. Department of Agriculture

Crops, Markets

U.S. grains: Corn futures hit three-month high on export demand

Profit-taking sparks pullback in CBOT wheat

By GFM Network News, Tom Polansek 2 days ago

Chicago | Reuters — U.S. corn futures topped a three-month high on Thursday on improved export demand, while wheat futures traded near a 1-1/2 year high reached a session earlier. Soybeans eased to a one-month low as traders awaited signs of Chinese purchases of U.S. crops in the wake of last week’s initial trade agreement

U.S. livestock: Cattle set multi-month lows as virus fears hit markets

U.S. grains: Soybeans hit six-week low as China virus sparks selling

Nestle to source plant proteins from Winnipeg

GFM Network News

U.S. livestock: Cattle set multi-month lows as virus fears hit markets

U.S. grains: Soybeans hit six-week low as China virus sparks selling

Nestle to source plant proteins from Winnipeg

Author Archives GFM Network News

U.S. livestock: Cattle set multi-month lows as virus fears hit markets

U.S. grains: Soybeans hit six-week low as China virus sparks selling

Nestle to source plant proteins from Winnipeg

AAFC forecasts more wheat, less canola seeded in spring

Feed weekly outlook: Temperatures rise, Prairie bids cool down

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

Rising protein demand expected in 2020

Favourable growing conditions forecast for major ag regions

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

U.S. grains: Corn futures hit three-month high on export demand

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