Glacier FarmMedia – Imagine being able to run to the lake without worrying about water trough levels for grazing cattle. That’s the scenario that drove Katlin and his brother Dustin Lang, of Vibank, Sask., to found a company to provide a water trough monitoring system. Designed for troughs that are connected to solar systems out
At Ag in Motion: Water trough monitoring made easier
U.S. Grains: wheat futures drop, corn weak, soybeans mixed
Market going "from forecast to forecast" says expert
Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more rain and cooler temperatures in
U.S. Livestock: cattle futures fall, supplies remain tight
USDA says farmers raising the fewest number of beef cows since 1971
Chicago | Reuters – Chicago Mercantile Exchange Group live cattle futures weakened on Friday but remained near all-time highs hit a day earlier as traders squared positions ahead of key government supply reports. Traders said that the market faced pressure from profit-taking but weakness in the corn market helped limit the decline. August live cattle futures
Federal and provincial ag ministers meet in Fredericton
Environmental issues remain a hot topic for provincial agriculture ministers. That and sustainable agriculture dominated discussions during the recent federal, provincial and territorial (FPT) agriculture ministers meeting in Fredericton, N.B. The annual conference was held from July 19-21. The focus on sustainable agriculture tracks, as this is the first time the ministers have met since
Fund position flips to net long in canola
The last time the market was showing a net long position was the first week of January
MarketsFarm – The managed money position in canola flipped from a net short to a net long for the first time in six months during the week ended July 18, as fund traders covered short positions and put on new bullish bets, according to the latest Commitments of Traders report from the United States Commodity
AAFC lowers Canadian wheat ending stocks estimates
Drop in estimated oats carryout another notable adjustment
MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected. Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC,
Rain in China’s northeast brings relief for corn, drought risk remains
An oversupply of hogs, weak demand are pressuring pork prices
Beijing | Reuters – Recent rainfall in China’s northeastern breadbasket has relieved drought across most of the region, an agriculture ministry official said Friday, but risks remain with the El Nino weather pattern potentially bringing more extreme weather this summer. China is the world’s second-biggest corn producer and about 40 per cent of its crop
Russian diplomat accuses Ukraine of using Black Sea grain corridor for attacks
Russia says it's negotiating exports of food to countries most in need
Moscow | Reuters – Russian Deputy Foreign Minister Sergei Vershinin on Friday accused Ukraine of using a grain export corridor in the Black Sea to launch “terrorist attacks” against Russian interests, including one this week on the Crimean Bridge. Vershinin was addressing a briefing about Russia’s decision on Monday to quit the year-old Black Sea
At Ag in Motion: ‘Small iron’ revolution brings bikes to farms
There’s a “small iron revolution” happening on farms across Canada. Even though most farmers and people in agriculture probably see “fat bikes” and “e-bikes” as urban phenomena, these new versions of bicycles are leaping into the farmyards and farm fields in hundreds of places. “I have some farm friends who have e-bikes (or) big fat
At Ag in Motion: World may face wheat shortage this year
An analyst says millers should be getting antsy
Wheat is finally becoming a “sexy” crop after years of being the ugly duckling, an analyst says. Stephen Nicholson, global grains and oilseeds strategist for Rabobank, said a series of supply-side threats is making things exciting. Canada’s crops are withering in the fields. MarketsFarm is forecasting 30.4 million tonnes of all-wheat production, well below the
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