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Summer sticks around south-central Prairies

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tagged Canada prairies temperature weather
Warmer temperatures continued to hang over the south-central Prairies Thursday, as highs climbed to 28 C at WeatherFarm stations around Regina and Moose Jaw, 24 C around Medicine Hat and 23 C around Dauphin, but hit just 14 C around Prince Albert, Peace River and Grande Prairie and 16 C around Edmonton, Calgary, Saskatoon and in far eastern Manitoba. Lows on Thursday dropped to -6 C around Grande Prairie and -2 C around Goodsoil in far northwestern Saskatchewan, but slipped to just +8 C…
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Switzerland to recognize Canada’s organic wine, processed foods

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tagged Canada Organic certification CFIA multi-ingredient organic Switzerland wine
Canada and Switzerland have reached a deal to recognize each other's organic certifications on wine and "multi-ingredient" foods. The two countries on Thursday announced expansions of their previous organic arrangement, which deems their respective certification systems to be equivalent for organic ag commodities and agrifood products. The amended deal takes effect Saturday (Oct. 1). The arrangement now allows certified Canadian organic multi-ingredient processed products to be exported…
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USDA requires meat packers to report online cattle auction deals

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tagged auction results cattle auctions cattle markets cattle prices Fed Cattle Exchange online auctions USDA
Chicago | Reuters -- The U.S. Department of Agriculture said Thursday it will require meat packers to report cattle purchases they make through online auctions to the agency starting next week, a move that stoked traders' hopes for more transparent markets. USDA will begin including transactions from auctions on the Fed Cattle Exchange in pricing reports that top packers, including Cargill and Tyson Foods, use to determine how much they should pay farmers for an increasing…
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Sobeys locks in Atlantic Beef for P.E.I. stores

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tagged ABP Altantic Beef Products Certified Island Beef Co-op Foodland Island View Prince Edward Island Sobeys
Prince Edward Island's long-beleaguered packing plant, Atlantic Beef Products, has now ramped up its slaughter and processing capacity to meet a new commitment from grocery chain Sobeys. The Nova Scotia-based grocery chain on Tuesday announced ABP's Island View Farms is now the "primary" brand for beef sold at the five Sobeys, five Co-op and three Foodland stores the grocery company supplies on Prince Edward Island. The agreement, phased in over the past few weeks, "means P.E.I. customers…
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U.S. livestock: Hogs higher on short-covering after seven-year lows

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tagged cattle futures closing markets CME feeder cattle hog futures lean hogs live cattle USDA
Chicago | Reuters -- U.S. lean hog futures edged higher on Thursday, rebounding from an earlier seven-year low as investors squared positions ahead of a government supply report due on Friday, traders and analysts said. Traders also were cleaning up their books ahead of the last day of the third quarter, with hogs on pace to decline 37 per cent in what would be their worst quarterly performance in records dating back to 1973. Chicago Mercantile Exchange live and feeder cattle…
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Water meeting safety standards after sinkhole leak, Mosaic says

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tagged contaminated water Mosaic phosphate phosphogypsum radioactivity sinkhole waste
Reuters -- Testing of nine wells near a sinkhole at a Mosaic Co. fertilizer facility in Florida, site of a massive leak of contaminated water, shows that water meets safe drinking standards for radioactivity and damage has not spread beyond the site, the company said. A sinkhole 45 feet in diameter and 240 feet deep opened in late August at Mosaic's New Wales phosphate facility 50 km east of Tampa. The retention pond of a phosphogypsum stack, a hill of hazardous waste generated by…
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Louis Dreyfus stems profit slide, but headwinds persist

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tagged agricultural trading commodities exports Louis Dreyfus prices
Paris | Reuters -- Agricultural trading giant Louis Dreyfus Company eked out a small rise in 2016 first-half net profit, saying steady shipped volumes helped it weather another tough period in commodity markets. Louis Dreyfus has been grappling with ample supply, lower prices and slower economic growth that have cut margins, while also going through a leadership shake-up under main shareholder Margarita Louis-Dreyfus. The privately owned company said on Thursday that net income…
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B.C. farm journal under new ownership

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tagged british columbia Cathy Glover Country Life In B.C. Peter Wilding
The monthly paper billed as Canada's oldest independently-owned farm journal has yielded a new owner from its own front office. Cathy Glover, the assistant editor and sales manager for Country Life in B.C., was announced Wednesday as the journal's new owner, taking over from retiring editor/publisher Peter Wilding. British Columbia's commercial farmers and ranchers "have been our bread and butter for a very long time, and that's where we plan to keep our focus," Glover said in a…
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OPEC announcement could boost ag markets, maybe

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tagged Canadian dollar commodities crude oil exports markets OPEC
CNS Canada -- The bearish malaise that has gripped the North American agricultural market shows no sign of breaking soon, and it could take a major disruption, say such as a hike in oil prices, to lead the way higher, according to some industry watchers. "Let's say we go to US$55 (per barrel). That would definitely ripple through all the commodities; crude oil is the lead on commodity prices globally," said Errol Anderson, president of Calgary-based ProMarket…
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U.S. grains: Soybean futures strong, wheat weak

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tagged cbot closing markets corn futures soybean futures USDA wheat futures
Chicago | Reuters -- U.S. soybean futures firmed on Thursday on a mild round of bargain buying and short-covering ahead of a key government report on Friday, traders said. Signs of strong export demand for the oilseed also lent support to soybean futures but gains were kept in check by reports of good yields from fields in the western part of the U.S. Midwest as harvest ramped up. Wheat futures fell on a technical setback amid ample global supplies. Corn futures ended unchanged…
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