First off, I must apologize for not producing an update to the last forecast; I had the opportunity to do some backwoods camping, which meant I was off the grid for about five days. I’m back now, and from the weather model runs I’ve been able to check out, this forecast period is going to
Prairie Forecast: Cooler and unsettled
Issued Aug. 9, covering Aug. 9 to 16
U.S. livestock: Cattle up on U.S. supply worries
CME lean hog futures sag
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures strengthened on Wednesday as tight U.S. supplies continued to support the market, analysts said. Feeder cattle futures also advanced, while lean hog futures declined. The live cattle market is largely trading sideways in the most-active contract this week after finishing with strong gains on Friday,
CBOT weekly outlook: Few changes expected in coming U.S. reports
Trade's expectations already factored into prices
MarketsFarm — Soybeans may see significant changes in new-crop carryout numbers when the U.S. Department of Agriculture (USDA) releases several key reports Friday, but corn and wheat estimates will likely stay put for the most part, according to one analyst. USDA releases both its crop production report and its monthly world agricultural supply/demand estimates (WASDE)
U.S. grains: Soy futures rise, wheat drops
Traders adjust positions ahead of USDA report due Friday
Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday on improving U.S. export demand and as the market recovered from a one-month low reached in the previous session, analysts said. Corn and wheat futures declined. Exporters sold 251,000 metric tonnes of U.S. soy to China, the largest buyer of the oilseed,
Pulse weekly outlook: Average yields expected for Manitoba crops
Beans, soy may still benefit if rain comes
MarketsFarm — Pulse crops in Manitoba fared well against the elements which included sporadic rainfall and normal to below-normal temperatures for much of the past month. Provincial pulse specialist Dennis Lange in Altona said field peas should begin harvesting operations next week. “As far as pea acres go, we’re looking at about 145,000 acres. That’s
U.S. grains: Corn, soybean futures firm
Chicago wheat weak on demand view
Chicago | Reuters — U.S. soybean and corn futures edged higher on Tuesday, recovering from early weakness as investors covered short positions ahead of a key U.S. government crop outlook on Friday, traders said. Wheat futures dipped, with concerns about weak demand for U.S. supplies weighing on the market after Egypt booked another deal for
U.S. livestock: CME cattle steady to weak
Hogs mixed with demand in focus
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were steady to weak, while hog futures were mixed on Tuesday, with the market pressured by demand concerns as the end of grilling season nears, traders said. August live cattle futures ended unchanged at 179.7 cents/lb. (all figures US$). Most-active October live cattle fell 0.525 cent,
Anti-ASF funds designated for Manitoba Pork
Three initiatives will be funded through the federal African swine fever preparedness program
The Manitoba Pork Council’s efforts against African swine fever now have almost $1 million in extra financial padding. On Aug. 3, Agriculture and Agri-Food Canada announced $944,340 in funding for Manitoba’s hog farm group. Funds were provided through AAFC’s African Swine Fever Industry Preparedness Program and were slotted for three initiatives: Squeal on Pigs, increased
Discovery Farm Woodstock joins Pan-Canadian Smart Farm Network
The research site joins its Saskatchewan counterpart on the initiative’s roster
Glacier FarmMedia’s eastern Discovery Farm has joined the locations that share data and research through Old’s College’s Pan-Canadian Smart Farm Network. The 330-acre Ontario site is the host of various demonstration research projects and Canada’s Outdoor Farm Show. It was established as the permanent home for the show in 2020. “The objective is to provide
B.C. longshore workers ratify new deal
Minister pledges review of 'how disruption on this scale unfolded'
Longshore workers at British Columbia’s seaports have voted to accept the terms of a new four-year labour deal, ending five weeks of labour outages at Canada’s West Coast. Negotiators with the B.C. Maritime Employers Association (BCMEA) and International Labour and Warehouse Union (ILWU Canada), working with the Canada Industrial Relations Board (CIRB), reached a new