Chicago | Reuters – U.S. farm technology firm Indigo Agriculture on Wednesday said its carbon farming program has produced 20,000 tonnes in soil carbon credits that it will sell as emissions offsets to buyers including JPMorgan Chase JPM.N, Barclays BARC.L and The North Face. They are the first agricultural soil carbon credits to be verified
Indigo Ag to roll out first tranche of farm soil carbon credits
U.S. livestock: Live cattle mixed on seasonal slump, domestic demand worries
Chicago | Reuters – Chicago Mercantile Exchange spot live cattle futures rose on Tuesday, as the northern cash market continued to trade at a record premium over the south amid drought-hit grazing grounds, traders said. But CME’s benchmark August live cattle futures LCQ2 and deferred contracts slipped on worries about the health of the U.S. economy, and
U.S. grains: Chicago grains rally on crop ratings, China quarantine rules relaxing
Chicago | Reuters – Chicago corn futures bounced higher on Tuesday, after a U.S. government crop conditions report showed good-to-excellent ratings for corn fell more than expected, raising concerns about the Midwest crop as it heads toward a key pollination phase of development. Wheat futures rallied on short-covering and bargain buying after three straight sessions
Pulse weekly outlook: SaskPulse head hoping for “normal” in 2022
MarketsFarm – Following variable conditions over the first few weeks of the growing season, there has now been a marked improvement over the last, according to Carl Potts, executive director of Saskatchewan Pulse Growers (SaskPulse). Potts said while western parts of the province had little precipitation and eastern parts saw seeding delayed due to above-normal
Mustard prices down amid rising prospects
MarketsFarm – The most popular variety of mustard seed in Canada is seeing a recent downturn in price. While the prices of mustard in Western Canada are still much higher than last year, they have been steady to lower over the past month. According to Prairie Ag Hotwire, the high-delivered bid for yellow mustard is
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Poland says EU goal for Ukraine grain movement not feasible by July
Warsaw | Reuters – The European Union’s goal to move 20 million tons of grain out of Ukraine by the end of July is not feasible amid little progress in implementing EU and U.S. initiatives to ease logistics problems, the Polish agriculture minister said on Tuesday. Speaking to Reuters in an interview, Henryk Kowalczyk accused
Klassen: Feeder cattle trend higher, favourable beef outlook
Compared to last week, Western Canadian yearlings traded $8 to as much as $12 higher; mid-weight feeders in the range of 700-800 pounds were also $8-10 higher. Calves under 700 pounds were unchanged to $6 higher. The feeder market took a fortuitous bounce last week. Major feedlots were extremely aggressive on yearlings while supplies were
U.S. grains: Wheat futures hit lowest price since February; corn down, soy up
Chicago | Reuters – U.S. wheat futures fell to their lowest price since February on Monday, pressured by the expanding harvest of winter wheat in the northern hemisphere and a lack of demand for U.S. supplies, traders said. Corn futures also fell, led by deferred contracts representing the 2022 harvest. But soybeans rose as soyoil
U.S. Supreme Court again nixes Bayer challenge to weedkiller suits
Washington | Reuters – The U.S. Supreme Court on Monday rejected another Bayer AG BAYGn.DE bid to dismiss litigation alleging that its Roundup weedkiller causes cancer as the German pharmaceutical and chemical giant tries to avoid potentially billions of dollars in damages. The justices turned away a Bayer appeal and left in place a lower