China’s pork sector continues to grapple with new ASF outbreaks.

African swine fever and China — it’s complicated

Even as the nation’s pork herd rebuilds, new outbreaks are happening and new variants are emerging

China’s efforts to control African swine fever outbreaks among its pig herd remained complicated, with 11 outbreaks officially reported so far this year and new variants of the virus also present, an agriculture ministry official said recently. Beijing has been rebuilding its pig herd after the virus, first detected in China in 2018, slashed pig

Drought takes hold over Manitoba cattle markets

Drought takes hold over Manitoba cattle markets

U.S. cattle are being shipped north for slaughter

As the drought in Manitoba continued to take hold on the province’s cattle industry, Tyler Slawinski, an auctioneer for the Ashern and Gladstone auction marts, noted two important points. One: some producers in the Interlake region have completely dispersed their cattle because of feed shortages and high prices, as well as the lack of water


Canadian Financial Close: C$ edges lower

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The Canadian dollar was slightly weaker at Friday’s close, seeing a modest correction after Thursday’s rally ahead of the weekend. The Canadian dollar closed at US$0.8024 or US$1=C$1.2462 on Friday, which compares with Thursday’s North American close of US$0.8032 or US$1=C$1.2450. Canada’s gross domestic product contracted by 0.3




ICE canola dropping sharply on Friday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The ICE Futures canola market was weaker at midday Thursday, posting large losses as speculators liquidated long positions ahead of the weekend. “I think canola is being ambushed,” said a Winnipeg-based trader on the speculative money flows in the market. He said the relatively thin volumes





ICE canola down ahead of long weekend

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The ICE Futures canola market was weaker Friday morning, continuing the downtrend of the past week as investors liquidated long positions. A move below the 20-day moving average in the nearby November contract was bearish from a chart-standpoint, contributing to the declines. Losses in the Chicago

Global Markets: Canadian economy grows in second quarter

WINNIPEG, July 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the nation’s economy had grown over the fiscal second quarter. In its preliminary estimate, the agency announced that Canada’s gross domestic product (GDP) grew at an annualized rate of