The USDA sent the oilseed market soaring on Tuesday with the release of its May supply/demand report, which included the first estimates for 2016-17 ending stocks. Old and new crop soybean futures spiked more than 50 cents/bushel, with the nearby July contract hitting the daily limit of 65 cents at one point. Soymeal futures finished... Read More
Category: Eastern Canada
News of the growth and success of the Canadian Dairy XPO helped attract a number of international companies to the Stratford, Ontario industry showcase. CDX, which for 2016 moved from its traditional February dates to April 6 and 7, attracted 14,900 visitors over two days. Farmers visiting the new WeCover Cow Coliseum discovered a hub... Read More
Early last week, leaders from the Canadian Roundtable for Sustainable Beef (CRSB) met with Earls Restaurants to discuss sustainable sourcing. By mid-week, the company announced it had made a mistake. "I think it was unfortunate that it happened in the first place," Fawn Jackson, executive director of the CRSB, told Shaun Haney in an interview,... Read More
"Innovation" is a buzzword in today's world, often associated with technology, but it's not necessarily about gadgets, as our guest for this episode in the Mind Your Farm Business series points out. "Innovation really is about grabbing ideas from other parts of the planet or other ideas you see people doing and bringing that back... Read More
The federal agriculture minister has launched online consultations on what Growing Forward 3 — or whatever name the Liberals give the next agricultural policy framework — should look like. Growing Forward 2, which encompasses most federal and provincial programs for agricultural research, market development and business risk management, expires on April 1st, 2018. Lawrence MacAulay,... Read More
There's no doubt concerns around antimicrobial resistance (AMR) are growing. According the Centers for Disease Control and Prevention, the States sees at least "2 million people become infected with bacteria resistant to antibiotics and at least 23,000 people die each year as a direct result of these infections." In response to these concerns, the federal... Read More
Team success hinges on all members adhering to a credo embedded deep in their psyche. You know some of them: There’s no “I” in team; one dream, one team; we are family, and so on. Pork producer Vincent Breton is a believer in that team mentality. He’s the third generation of a very successful pork... Read More
I said last month that I should start giving credit to more companies that do the right thing. I’m happy to say I can already do that. Thank you Earls. If you’ve been under a rock for the last few weeks (or at least not run into a Canadian beef farmer steaming with an opinion... Read More
Grain markets rode the roller coaster this week as a myriad of factors played into movements across the complex. Currencies, oil prices, weather forecasts, and money flow played a part in helping the market maintain or increase elevated levels. The oilseed market had a strong finish into the close of trading for the week, as... Read More
Retailers are enjoying this part of the beef cycle. Producers? Not so much. Cattle futures put in some new lows last week, as Anne Wasko of Gateway Livestock joins us for another Beef Market Update. With slaughter levels in the U.S. up around 10 percent for the last two weeks of April, there's been a... Read More