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Sask. environmental farm planning options sweetened

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tagged beneficial management practices BMP EFP environmental farm plan Farm Stewardship Program saskatchewan
A list of beneficial management practices (BMPs) for which Saskatchewan farmers and ranchers can get funding through the federal/provincial Farm Stewardship Program has been expanded. The provincial and federal governments on Wednesday announced five new BMPs and "enhancements" to seven already-eligible BMPs available through the program. Among the new BMPs, for example, are rollers for plastic grain bags, allowing producers to better store and manage used bags. If approved as part of a…
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Que. conciliator to meet with striking Olymel staff

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tagged CSN Olymel strike Vallee-Jonction
A conciliator with Quebec's provincial labour ministry is set to meet Friday with striking employees from meat packer Olymel's Beauce-region hog slaughter plant. The Vallee-Jonction plant's 940-odd employees represented by CSN (Confederation des syndicats nationaux) walked off the job on March 18. Union and company officials have been in talks with the provincial conciliator, Jean Nolin, since March 26, the company said. Nolin has submitted his report to the executive committee for…
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California orders 25 per cent reduction in water usage

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tagged california drought water restrictions
Reuters -- California Governor Jerry Brown, acting in the face of a devastating multiyear drought, ordered the first statewide mandatory water restrictions on Wednesday, directing cities and communities to reduce usage by 25 per cent. The cutbacks, to be implemented by state and local water agencies, will affect consumers and businesses throughout the most populous U.S. state, but farmers, who are already making do with less water for irrigation, will be exempt. "We're standing…
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U.S. CFTC sues Kraft, Mondelez over alleged wheat price manipulation

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tagged CFTC Kraft Mondelez wheat futures
Reuters -- The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group and Mondelez International with manipulation of prices of wheat used in products such as Oreo and Chips Ahoy cookies. The regulator alleged that Kraft and Mondelez bought $90 million of wheat futures, or a six-month supply, but never intended to take delivery of the grain (all figures US$). The two then earned more than $5.4 million in profits as a result of market shifts in reaction…
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ICE weekly outlook: Canola moving into choppy spring pattern

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tagged canola futures ICE Futures Canada spring seeding
CNS Canada -- The ICE Futures Canada canola market saw some large price swings during the week ended Wednesday, but ended relatively steady compared to prices seven days earlier. The market is starting to move into a nervous spring trading pattern, which kept prices relatively rangebound and should continue for the next three to four weeks. "Everything is really choppy right now, we have no direction whatsoever in these markets. It's typical spring trading," said Ken Ball of PI…
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CBOT weekly: Corn, soy look to test post-report floors, ceilings

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tagged cbot corn futures soybean futures
CNS Canada -- Chicago Board of Trade corn and soybean futures saw choppy activity over the past week as traders had spent much of the period positioning themselves ahead of the release of the U.S. Department of Agriculture's prospective plantings report. That choppiness is expected to continue as the market digests the report's data and turns its attention to actual seeding conditions. USDA on Tuesday pegged 2015-16 U.S. corn area at 89.2 million acres in its report; pre-report…
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Diesel prices expected to see pressure in second quarter

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tagged crude oil diesel diesel prices
CNS Canada -- The spring thaw may bring lower diesel prices to farmers in North America, according to a New Jersey-based oil expert. "A lot of new refining, worldwide, is coming on for diesel," said Tom Kloza, chief oil analyst at the Oil Price Information Service. Compared to other fuels such as gasoline or jet fuel, diesel is the most likely to drop during the next two quarters (April to September), he said, because the main season for diesel is over, as much of it is used for…
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U.S. grains: Soy extends rally sparked by plantings report

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tagged cbot corn futures soybean futures USDA wheat futures
Chicago | Reuters -- U.S. soybean futures jumped 1.6 per cent on Wednesday, their third straight day of gains, as the U.S. government's forecast for smaller-than-expected plantings of the oilseed continued to fuel buying. Corn and wheat also rose, rebounding from sharp losses on Tuesday as bargain buyers stepped in despite huge global supplies. A round of short covering also lent support. Soybeans hit their highest in nearly three weeks. "We are still digesting the report a…
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U.S. livestock: CME live cattle futures mixed

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tagged cattle futures CME hog futures
Chicago | Reuters -- Chicago Mercantile Exchange front-month live cattle closed higher on Wednesday, supported by the anticipation of steady to higher cash trade later this week, traders said. April closed 0.5 cents per pound higher at 161.825 cents and June closed 0.05 cent lower at 152.275 cents (all figures US$). Last week, cash cattle traded $2 higher at $165 to $166 per hundredweight (cwt) in the U.S. Plains. "In the cash market, the show list size hasn't changed and…
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Manitoba lifts fertilizing ban early

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tagged fertilizer application manitoba manure application runoff
Manitoba farmers are cleared to apply spring fertilizer and manure on their fields, now that the ban which was supposed to last for another week and a half has been lifted. Soil temperatures across the province have risen to the point that the restriction -- otherwise in effect each year between Nov. 10 and the following April 10 inclusive -- is lifted effective immediately, Manitoba Conservation and Water Stewardship said Wednesday. The annual ban specifically applies to nutrient…
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