Harvest Problems With Argentine Soy

Heavy rain last week in Argentina improved the condition of some 2009-10 soybeans, but flooded fields mean other crops will be lost, the Agriculture Ministry said in a crop report Feb. 19. Argentina is the world’s No. 3 soy exporter and the top global supplier of its oil and meal. The Buenos Aires Grains Exchange

New Rules For Cattle, Sheep And Goat Imports

New federal rules will more easily allow healthy breeding cattle to enter Canada from the U. S. if one or some of their herdmates test positive for anaplasmosis. The Canadian Food Inspection Agency has revised its import rules to bring the handling of “non-negative” U. S. animals more in line with the regulations that govern


The Year Of The Tiger

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Editor’s note: Don Bousquet’s “It’s Your Business” column is not available this week. ICE Futures Canada’s canola contracts trended higher for most of the week ended Feb. 12, before dropping on Friday to end slightly lower. Profit-taking ahead of the

Low-Quality Feed Puts Hogs Off

Apoor-quality 2009 U. S. corn crop is putting hogs in the Midwest off their feed, slowing growth and contributing to higher pork prices for consumers. Average hog weights are down only slightly from a year ago. But producers and analysts say hogs are taking a longer time to reach market weight due to low-quality feed.


Canola Outpacing Soybeans

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Canola contracts traded on the ICE Futures Canada platform managed to move higher during the week ended Feb. 5, but not before setting fresh contract lows to start the week. The downtrend over most of January finally persuaded farmers to

It’s A Buyers’ Market — But Changing

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 29 lower. Canola was pressured down by losses in the U. S. soy complex, bearish technical signals and steady farmer selling as producers have


U. S. Cattle Herd At 51-Year Low

The cattle herd in the United States is at the smallest since 1959, a government report said Jan. 29, but the number was higher than trade estimates and still could weigh on prices. The U. S. Department of Agriculture’s semi-annual cattle inventory report pegged the U. S. herd at 93.7 million head as of Jan.

Wheat Likely To See Some Strength Long Term

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 22 mixed, with canola higher and Western barley lower. Canola was supported by steady demand, as exports continue to


U. S. Feedlot Cattle Supply Dips To Seven-Year Low

The number of cattle being fattened for the dining table on U. S. feedlots fell to their lowest level in seven years, but higher beef prices are still unlikely amid the sluggish economy, analysts said Jan. 22. The number of cattle placed at these feedlots in December fell to an 11-year low due to winter

Smaller World Wheat Crop In 2010

World wheat production looks set to fall this year following a sharp drop in plantings in the United States but the crop should still be the third highest on record, the International Grains Council said Jan. 21. The London-based IGC, in a monthly report, forecast world wheat production in 2010 at 653 million tonnes, down