Canadian egg production reached record highs between June of last year and this May as the industry recovered from an avian flu outbreak according to Farm Credit Canada analysis.
Cash wheat prices for Canada Prairie Red Spring Wheat, Canadian Western Red Spring Wheat, and Canadian Western Amber Durum were mixed for the week ended Aug. 15. The futures market in the United States saw gains in Minneapolis spring wheat and losses for Chicago and Kansas City winter wheat.
Ukraine has completed the 2024 wheat harvest, threshing 21.7 million metric tons of wheat from about 4.8 million hectares, the agriculture ministry said on Friday.
Chicago Mercantile Exchange (CME) live and feeder cattle futures eased on Thursday, as generally quiet cash market and a strengthening U.S. dollar left cattle futures in a range-bound trade, traders said.
Chicago Board of Trade wheat futures ended lower on Thursday as cheap Black Sea exports kept weighing on the market, which had risen overnight on a rally sparked by a Russian attack on Ukrainian port infrastructure.
Pasture conditions in much of Saskatchewan were diminishing due to the hot and dry conditions. While sporadic rainfall in north and east parts of the province will benefit later seeded crops as they mature, but came too late for early seeded crops.
An ongoing lack of demand has forced feed grain prices to drop back recently, according to Darcy Haley, vice-president of AgValue Brokers in Lethbridge.
Deere & Co beat analysts' expectations for third-quarter profit on Thursday, as stronger pricing and cost control measures protected its margins from sluggish demand for its farm equipment.