For the week ending March 7, Western Canadian feeder cattle markets traded $5-$10/cwt lower compared to seven days earlier. The market held value on Monday and Tuesday but then softened in the latter part of the week. Strength in the feed grains complex along with weaker deferred live cattle futures set a negative tone. Feedlot
About 3,800 JBS meatpacking workers in Greeley, Colorado, plan to go on strike starting on March 16, the workers’ union said on Monday, crippling production at one of the largest U.S. beef plants as consumers face record-high prices.
RB Global, the parent of Canadian auction firm Ritchie Bros., is further expanding its reach into the online farm auction market with a deal for Nebraska-based BigIron Auction Co.
Any chance of crude oil prices skyrocketing higher became less likely on March 9, said Phil Flynn, senior market analyst at the Price Futures Group in Chicago. Flynn based that on the assumption that Iran’s military capabilities are declining quickly.
Sipcam Agro announced a new commercial agreement that gives the company the exclusive rights to sell and distribute Sencor 75 DF and Sencor 480 F herbicides in Canada. The transition was completed in partnership with Sumitomo Corporation, who acquired Sencor from Bayer in 24 countries including Canada.
Wall Street opened lower Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates around the globe, while investors desperate for liquidity fled to the U.S. dollar.
The multiple roles women play on the farm can lead to complex blend of health and safety hazards said speakers in a Canadian Agricultural Safety Association webinar.