Australia Archives - Page 17 of 27 - Manitoba Co-operator

Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Favourable growing conditions forecast for major ag regions

By GFM Network News January 23, 2020

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: CBOT wheat surges to five-month high

By GFM Network News, P.J. Huffstutter November 29, 2019

Corrected, Nov. 30 — Chicago | Reuters — Chicago wheat futures exploded to a five-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said. The wheat rally gave support to Chicago corn futures, which hit a three-week high on the

A field is sprinkled with the remnants of cotton after a harvest in Trangie, Australia, September 4, 2019. Drought is weighing on economic growth, and the dire conditions have prompted Australia, a major wheat exporter, to import the grain for the first time in 12 years.

News, Other, Weather

Australia offers drought-ravaged farmers cheap loans

Farm businesses will have access of up to $500,000, interest free for the first two years

By Colin Packham November 19, 2019

Australia will offer farmers hurt by drought up to A$1 billion in cheap loans, Prime Minister Scott Morrison said Nov. 6, as the government seeks to curb rising discontent from rural voters. Farmers across Australia’s east coast have been battling drought conditions for more than three years, wilting agricultural production and leaving some towns on

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Wheat futures climb on short-covering

By GFM Network News, Julie Ingwersen November 19, 2019

Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December

The sun rises over dried up lake Pamamaroo, outside of Menindee, Australia, September 2, 2019. Prolonged drought exacerbated by demands on water resources by irrigators and cities means the Darling River (Barka) is running dry. The towns of Menindee and Wilcannia avoid drinking tap water, relying instead on charity donations of 10-litre boxes of water and rain tank water for potable uses.

News, Weather

Thirst turns to anger Down Under as mighty river runs dry

The Darling River irrigates some of Australia’s richest grazing lands and many crops

By Tracey Nearmy November 6, 2019

Reuters – Reduced to a string of stagnant mustard-coloured pools, fouled in places with pesticide run-off and stinking with the rotting carcasses of cattle and fish, the Darling River is running dry. The parched earth of Australia’s longest waterway, if tributaries are included, is in the grip of the continent’s most severe drought in a

Australia is suffering from a third year of drought, resulting in a deep reduction in agriculture output. Photo: Thinkstock

Crops

Australia drought cuts IGC global wheat crop outlook

By GFM Network News, Nigel Hunt October 25, 2019

London | Reuters – The International Grains Council (IGC) on Thursday trimmed its forecast for global wheat production in the 2019/20 season as the outlook for Australia’s crop dimmed. In its monthly update, the inter-governmental body cut its global wheat production projection by 2 million tonnes to 762 million tonnes. The wheat crop in Australia

Crops, Markets

U.S. grains: Wheat eases in profit-taking setback

By GFM Network News, Karl Plume October 21, 2019

Chicago | Reuters — U.S. wheat futures declined on Monday on profit taking after three sessions of gains, on concerns about weather-reduced Southern Hemisphere crops that had lifted the market to multi-month highs. Soybeans were mixed amid worries about reduced yields and late harvesting, while corn drifted lower on dull demand. Both markets remained in

Crops, Markets

U.S. grains: Wheat hits three-month high on signs of tightening supplies

By GFM Network News, Julie Ingwersen October 18, 2019

Chicago | Reuters — Chicago wheat futures touched a three-month high on Friday, buoyed by rising cash prices and signs of tightening global supplies, analysts said. Soybean futures rose on worries about the size of the U.S. harvest while corn fell on disappointing weekly U.S. export sales. At the Chicago Board of Trade, December soft

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops

Most oilseed estimates down in USDA’s October outlook

By GFM Network News, Glen Hallick - MarketsFarm October 15, 2019

MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global rapeseed production at 68.6 million tonnes, a decline of one million, with the lion’s share of the losses in Canada. Canadian production for 2019-20 was

Crops, Other

Crown pension fund bids for Australian ag firm Webster

By GFM Network News, Reuters October 3, 2019

Reuters — Australian agribusiness company Webster Ltd. said on Thursday it has signed a deal for a A$854 million (C$763.65 million) takeover by shareholder PSP Investments, one of Canada’s biggest pension funds. The walnut, cotton and livestock producer said the A$2 per share offer — a 57.5 per cent premium to Wednesday’s ordinary shares closing

Daily Network News

Canadian agriculture must be seen as growth sector: Blois

Chicken, eggs benefit from demand for economical protein

Spain detects first swine fever cases outside initial Barcelona outbreak zone

Tag Archives Australia

Favourable growing conditions forecast for major ag regions

U.S. grains: CBOT wheat surges to five-month high

Australia offers drought-ravaged farmers cheap loans

U.S. grains: Wheat futures climb on short-covering

Thirst turns to anger Down Under as mighty river runs dry

Australia drought cuts IGC global wheat crop outlook

U.S. grains: Wheat eases in profit-taking setback

U.S. grains: Wheat hits three-month high on signs of tightening supplies

Most oilseed estimates down in USDA’s October outlook

Crown pension fund bids for Australian ag firm Webster

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