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        1. Glacier FarmMedia COVID-19 & the Farm

          » Daily news

          U.S. livestock: Lean hog futures retreat from 11-month high

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          tagged beef Cattle China closing markets CME COVID-19 exports feeder cattle futures hogs lean hog live cattle Pork Swine
          Chicago | Reuters -- U.S. lean hog futures ended lower on Friday on profit-taking and disappointment over export demand, after prices climbed to the highest level in 11 months. Strong domestic demand for pork continues to underpin hog futures, analysts said, with the most-active December contract surging 39 per cent on the Chicago Mercantile Exchange since August. CME December lean hogs finished 0.075 cent lower at 69.8 cents/lb., after touching its highest since Nov. 29, 2019…
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          Grain, oilseed exports running ahead of average

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          tagged Barley Canada Canola CGC exports grains Oilseeds tonnes Wheat
          MarketsFarm -- Canadian grain and oilseed exports have left the country at a rapid pace during the first 10 weeks of the 2020-21 crop year, with canola, wheat,and barley movement-to-date all up substantially on the year. Total exports of Canada's major grains and oilseeds as of Sunday came in at 9.57 million tonnes, according to Canadian Grain Commission (CGC) data. That's up roughly two million tonnes from the same time the previous year, and compares with the five-year average of…
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          Prairie cash wheat: Prices up on sharp rises in U.S. wheat

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          tagged alberta Canadian dollar cash wheat cbot CPSR CWRS durum K.C. wheat manitoba MGEX prices saskatchewan U.S. futures Wheat wheat bids
          MarketsFarm -- Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 per cent protein) wheat prices were up $3-$8 per tonne, according to price quotes from a cross-section of delivery…
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          South African white farmers, Black protesters face off over farm murder

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          tagged apartheid Black protestors EFF murders South Africa white farmers
          Senekal | Reuters -- White South African farmers and Black protesters hurled abuse and threats at each other on Friday during a court hearing in a murder case that has exposed still simmering racial tensions 26 years after the end of apartheid. The killing of Brendan Horner, a white man whose body was found tied to a pole at his farm in Free State province, sparked riots at the start of this month, and prompted President Cyril Ramaphosa to appeal to South Africans to "resist…
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          U.S. grains: CBOT wheat hits 2014 high on global crop concerns

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          tagged argentina Black Sea Brazil cbot China closing markets Corn drought futures Mexico soybean supplies USDA Wheat
          Chicago | Reuters -- U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also slumped. Traders are keeping a close eye on wheat fields as dryness threatens production in Argentina, the U.S. Plains and the Black Sea region. Buying by commodity funds helped support…
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          China denies ‘coercive’ diplomacy with Canada

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          tagged arrests Canada Canola China Cong Peiwu diplomacy Hong Kong Huawei Justin Trudeau Meng Wanzhou
          Ottawa | Reuters -- China on Thursday denied it had taken two Canadian men hostage, and repeated a call for the release of a Huawei Technologies executive held in Canada who faces extradition to the United States amid a long-running diplomatic dispute. Huawei chief financial officer Meng Wanzhou, a Chinese citizen, was arrested in Vancouver in late 2018 on a bank fraud warrant issued by U.S. authorities. Meng has said she is innocent and is fighting extradition in a Canadian…
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          Canary seed supplies tighten

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          tagged canary seed prices statistics canada stocks supplies yields
          MarketsFarm -- Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year's crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a "hidden inventory over the last four to five years," never reported to Statistics Canada, that was used to meet demand. "We were under-producing every year and this hidden stock was gradually seeping into the market, and allowed us to ship 150,000 tonnes every…
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          Manitoba cattle sector gets COVID-19 AgriRecovery

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          tagged agrirecovery Cattle COVID-19 fed cattle feed assistance feeder cattle feedlots manitoba pandemic payments
          Manitoba cattle producers whose usual markets for finished cattle were temporarily out of reach this spring and summer may now be able to offset some of the resulting extra feed bills. Federal Agriculture Minister Marie-Claude Bibeau and her Manitoba counterpart, Blaine Pedersen, on Thursday announced the 2020 Canada-Manitoba Finished Cattle Feed Assistance Program, an AgriRecovery plan budgeted for up to $2.5 million in federal funds. Applications are [Read more]

          Feed weekly outlook: Demand keeps Canadian barley well supported

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          tagged Barley bids Corn feed barley feed grain feed wheat feedlots per tonne prices Rye western canada
          MarketsFarm -- Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. "Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots," said Jim Beusekom of MarketPlace Commodities in Lethbridge, adding "the competition is brisk." Feed barley is currently…
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          U.S. grains: Wheat soars to five-year high

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          tagged argentina cbot closing markets Corn Dalian corn drought exports frost futures Russia soybean USDA Wheat
          Chicago | Reuters -- Chicago wheat futures rallied to five-year highs on Thursday, as cuts to Argentina's wheat outlook brought into focus the potential global supply damage possible due to dryness in top wheat producing countries, trader said. Corn followed wheat, climbing to 14-month highs and soybeans ended higher as exports continue. The most-active wheat contract on the Chicago Board of Trade added 21-1/2 cents to $6.18-1/4 per bushel, the highest since Dec. 29, 2014 (all…
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