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Tag Archives Production — page 2

Crops, Markets, Weather

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

Estimates don't include impact of recent Midwest storm

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Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest
Pumpjacks sit idle near Williston, N.D.
Farmit Manitoba, News

North Dakota: What rebound?

REGION | Our next-door neighbour is in an economic crunch as COVID-19 batters oil, agriculture

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Reuters — When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted. Now, it is making sweeping cuts to state agencies in a bid to stem the financial bleeding from a historic oil price collapse sparked by the coronavirus pandemic, and a
Crops, Markets

CBOT weekly outlook: WASDE largely neutral for soy, corn

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MarketsFarm — The world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) had a “benign effect” on the Chicago Board of Trade (CBOT), according to one trader. That’s mainly because U.S. production estimates for corn, wheat, and soybeans were largely unchanged. The U.S. soybean production estimate for 2020-21 was unchanged
Livestock, Markets

COVID concerns weigh on chicken farmers, processors

Sales crashed on lack of foodservice business

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Ottawa — Chicken Farmers of Canada say they’ve faced a “sharp decline” in sales as a result of a significant drop in food services, which represents roughly 40 per cent of their market. CFC chair Benoît Fontaine warned federal MPs as much during a virtual meeting of the Commons standing committee on agriculture and agri-food
Crops, Markets

U.S. corn production expected way up in USDA’s May WASDE

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MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA). The department issued its latest world agricultural supply and demand estimates (WASDE) on Tuesday. U.S. soybean planted acres and
Crops, Markets

Pandemic to delay StatsCan’s agriculture reports

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MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is

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