A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
Soybean acres may soon stabilize in Manitoba
Volatile yields, acres and weather have kept soy on a roller-coaster since 2017
There's an emerging consensus in Manitoba that soybean acres in the province could soon stabilize at around 1.5 to 1.9 million.
US is ’18 months or so’ away from finding bird flu vaccine, says agriculture secretary
USDA plans to discuss poultry vaccinations with trading partners amid trade restriction concerns
The U.S. Department of Agriculture is "18 months or so" away from identifying a vaccine for the current strain of bird flu and is developing a process to distribute it, said Agriculture Secretary Tom Vilsack on Wednesday.
US agriculture secretary sees ‘chaos’ in meat market without congressional action on Prop 12
Canadian sector worried state-specific regulations will cause severe complications for producers selling into U.S.
There will be chaos in the U.S. meat marketplace without congressional action on California's Prop 12 law that tightened animal welfare requirements for pork products sold in the state, Agriculture Secretary Tom Vilsack said during a congressional hearing on Wednesday.
India security forces fire tear gas at protesting farmers on drive to Delhi
Farmers calling for promised higher prices for their produce
Indian security forces fired tear gas at protesting farmers for a second day on Wednesday to stop tens of thousands from marching to the capital New Delhi to demand higher prices for their produce.
Prairie forecast: Dry and mild west, seasonal east
Issued Feb. 14, covering Feb 14 to 21, 2024
If you haven’t noticed, it has been an unusual winter, and that unusualness is causing all sorts of headaches with weather forecasting. In particular, cloud cover. In the last forecast period, it looked as if high pressure would dominate the weather bringing plenty of clear skies along with more seasonable temperatures.
New Holland’s T9 tractor picks up speed, and more
It’s big, blue and likely to get the attention of farmers if they’re eyeing up a new tractor in 2024. At a National Farm Machinery Show pre-show media event in Louisville, Kentucky, on Feb. 13, New Holland product reps were on hand to show what the blue brand has in store for growers and show-goers
U.S. grains: Soybeans and corn continue to be pressured by global supplies
Wheat futures weighed by falling Russian prices
Chicago Board of Trade (CBOT) corn futures firmed slightly on Tuesday on technical trading, but still hovered near three-year lows as ample global supplies, improving South American crop prospects, and intense export competition weighed over the market.
U.S. livestock: Livestock futures turn lower on pressure from equity markets
Strong U.S. dollar adds pressure to cattle, hog futures
Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.
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