Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.
Commodity Classic: ‘Strong evidence’ for old crop price rally says economist
Booming renewable diesel industry seen as a positive
Olymel parent company posts profit after plant closures
The company closed plants in Ontario, Quebec, and slowed production in the west in 2023
Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.
Commodity Classic: U.S. fighting for market share says Vilsack
Competitive advantages from superior U.S. transportation have all but evaporated
U.S. agriculture secretary Tom Vilsack says the United States is trying to regain its competitive edge in world agricultural markets.
Poland urges EU sanctions on Russian, Belarusian farm products
Polish farmers have been protesting EU environmental regulation, competition from Ukrainian imports
Poland plans to ask the European Union to put sanctions on Russian and Belarusian agricultural products as it seeks to meet the needs of protesting farmers, Prime Minister Donald Tusk said on Monday during a visit to the Lithuanian capital Vilnius.
Indian farmers plan to enter New Delhi to intensify protests
Thousands of demonstrating farmers with tractors are stuck at police barricades
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
Prairie forecast: Storm system heads for southern Prairies
Updates forecast issued Feb. 29, covering Feb. 29 to March 6, 2024
The weather models have come into fairly good agreement for the storm system forecasted to impact much of the southern prairies over the next 24 to 48 hours. An area of low pressure is developing over Wyoming with an inverted trough stretching northwestwards.
U.S. livestock: Livestock futures rally on technical trading, wholesale pricing
Pork cutout prices firmed, particularly for bellies
Chicago Mercantile Exchange cattle futures rebounded on Friday, capping a volatile week of trading with a flurry of technical moves amid signs that consumer demand for beef remains strong.
U.S. grains: Soybeans off 3-year low, but gain limited by global supplies
Slowing Chinese demand also weighs on prices
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.
Wine sector support program extended
Program must continue to help Canadian wineries compete with imports, sector says
A program that pays grants to Canadian wineries to help them adapt to industry and competitiveness challenges has been extended to 2027, the federal government announced today.
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
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