North America Archives - Manitoba Co-operator

BASF halting hybrid wheat seed development in North America

Results 'have not achieved development goals we set'

By GFM Network News, Karl Plume March 2, 2023

Reuters — Global chemicals and crop seeds company BASF is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, the company told Reuters on Wednesday. BASF will instead focus development of the new type of wheat in European markets, aiming to launch the technology there “toward

Pacific Ocean sea surface temperature anomalies (in degrees Celsius) for the week centred on Sept. 14, 2022. (CPC.ncep.noaa.gov)

Weather

La Nina set to continue for third year

Other weather patterns may override temporarily

By GFM Network News, Glen Hallick - MarketsFarm September 20, 2022

MarketsFarm — With fall soon upon North America, there’s nothing overly unusual with the continuation of La Nina, according to Drew Lerner, president of World Weather Inc. at Overland Park, Kansas. Going into its third year, some people might think this is the third consecutive La Nina — but Lerner said it’s the same one,

Livestock

JBS says it paid US$11 million in bitcoin for ransom

Cyberattack disrupted plants in North America, Australia

By GFM Network News, Reuters June 10, 2021

Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its Alberta beef plant for a

Beef cattle, Livestock, Other

JBS Australian, North American servers hacked

By GFM Network News, Reuters June 1, 2021

Melbourne | Reuters –– Australian and North American units of the world’s largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil’s JBS said in a statement. The attack caused its Australian operations to shut down on Monday. The company said it was working to resolve the

A container terminal at the Port of Vancouver. (FangXiaNuo/E+/Canada)

Crops, Markets, Pulses

Logistics, lack of containers hamper pulse crop movement

By GFM Network News, Phil Franz-Warkentin April 17, 2020

MarketsFarm — Logistics disruptions due to COVID-19 are hampering nearby movement of pulses, according to a number of industry participants speaking Thursday on a webinar organized by the Global Pulse Consortium. However, the longer-term impact of the pandemic remains to be seen. “The shipping industry has been hugely impacted by COVID-19,” Chris Oliver, nautical director

Crops, Weather

Mosaic to cut fertilizer production as weather dampens demand

By GFM Network News, Reuters December 19, 2019

Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural companies’ profits have been hammered this year due to an unusually cold and wet weather that has delayed planting season in North America, and lower

Hogs, Livestock, Markets

Strong foreign demand boosts North American hog markets

By GFM Network News December 10, 2019

MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon.

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Lower prices, relative profitability tug at chickpea acres

By GFM Network News April 5, 2019

MarketsFarm — Since chickpea prices fell rapidly during last year’s harvest, the jury is out as to what the chickpea market holds this year. “Acres are going to be down this year because the price isn’t what it was a year ago,” said Melody Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask. Prices

A file photo of hog barns in winter. (SimplyCreativePhotography/iStock/Getty Images)

Hogs, Livestock, Markets

Swine fever in China poses risks, rewards for Canadian pork

By GFM Network News, Phil Franz-Warkentin March 20, 2019

MarketsFarm — Sharp losses in China’s hog herd due to African swine fever (ASF) are underpinning the North American pork market and could create export opportunities for Canada — if this country manages to stay disease-free. ASF does not affect humans, but the highly viral disease is nearly 100 per cent fatal for hogs with

Crops, Markets

Diesel prices soften, but watching U.S. infrastructure plan

By Dave Sims, GFM Network News March 21, 2017

CNS Canada — Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers in 2017, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada you’re going to see numbers

Daily Network News

U.S. livestock: Cattle slip back, hogs gain

U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism

Farm gate milk price to rise in 2026

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