President-elect Donald Trump is expected to offer former U.S. Senator Kelly Loeffler the agriculture secretary job in his administration, CNN reported on Friday.
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Trump expected to offer Loeffler agriculture secretary role
Bitcoin at record highs, sets sights on $100,000
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
Prairie Wheat Weekly: Spring wheat rises, durum falls back
Spring wheat cash prices were higher for the week ended Nov. 21, but those from amber durum stepped back. Support came from higher United States wheat futures, that were pushed upward by heightened tensions in the Russia-Ukraine war. However, Prairie prices also felt the weight of a stronger Canadian dollar.
Wheat yields in Western Australia are better than expected, industry body says
Western Australia should produce 420,000 tonnes more wheat this year than was projected a month ago, an industry group said Friday, adding to expectations that Australia's national crop will be larger than pre-harvest estimates.
U.S. grains: Soy hits fresh lows on South America weather, Brazil-China deals
Chicago corn futures weakened on Thursday and soybeans struck fresh contract lows as Brazil and China came together for significant agricultural trade deals and weather in South America remained beneficial for both crops, analysts said.
U.S. livestock: Live cattle fall, feeder cattle rise ahead of USDA report
Chicago Mercantile Exchange live cattle futures fell for a second day on Thursday after reaching three-week highs earlier in the week, as traders awaited the results of the U.S. Department of Agriculture's next Cattle on Feed report, due on Friday.
Canadian farm equipment sales projected to slump in 2025
Farm machinery sales are forecast to decline for the remainder of the year and into the next. New equipment sales are expected to be soft as farmers face low commodity prices, high equipment prices and lower profits, though the decline in 2025 is expected to be less severe than in 2024. Sales of 4WD tractors are projected to stay above the five-year average.
Feed Grain Weekly: Prices ‘percolating sideways’
Transportation issues push up barley prices
As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
Flour millers face supply crunch as wheat farmers tighten grip on stocks
Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and millers say, leaving flour makers with dwindling supplies and vulnerable to any potential upswing in prices.
IGC cuts global wheat crop outlook on poor EU harvest
The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.