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G3 plans two more Prairie elevators

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tagged elevators G3
Prairie grain handler G3 plans to add another 76,000 tonnes of grain handling capacity in southwestern Saskatchewan and eastern Alberta. The Winnipeg company announced Thursday it will start work in early 2020 on new grain elevators at Swift Current, Sask. and Vermilion, Alta. for completion in 2021. Both new elevators are to be built with "high-efficiency features" including a loop track that can "quickly" load a 150-car unit train and capacity to unload a Super B truck in less than five…
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Feed weekly outlook: Grains pressured by lower demand

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tagged alberta barley production feed barley feed grains feed wheat feedlots grain prices saskatchewan statistics canada trucks
MarketsFarm -- Bids for feed grains have backed off previous highs as feedlots in Western Canada are covered into the New Year. "Now they're bidding January and forward," said Allen Pirness of Market Place Commodities in Lethbridge. Bids for feed barley and feed wheat delivered from January to March were around $220 per tonne, according to Pirness. December spot prices ranged from $225 to $230 per tonne. While supply and quality concerns have largely dissipated, logistical…
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U.S. livestock: Hogs firm on fresh hopes for China trade pact

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tagged Beef Cattle cash hogs Cattle China closing markets CME deal in principle feeder cattle futures hogs lean hog live cattle Pork Swine tariffs Trump
Chicago | Reuters -- U.S. lean hog futures closed higher on Thursday on rekindled hopes for a U.S. trade deal with China, the world's top pork consumer, traders said. Recent strength in cash hog markets added support, although prices in the closely watched Iowa and southern Minnesota market fell on Thursday afternoon after rising in six of the last seven days. Chicago Mercantile Exchange (CME) February lean hog futures settled up 0.925 cent at 68.65 cents/lb. (all figures…
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U.S. grains: Corn, wheat, soy rally on China trade hopes

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tagged cbot China closing markets Corn futures Mexico soybean tariffs trade deal Trump Wheat
Chicago | Reuters -- U.S. corn, wheat and soybean futures rose on Thursday on fresh export demand and renewed hopes for a trade agreement with China after U.S. President Donald Trump tweeted that a deal with Beijing was "very close," analysts said. Chicago Board of Trade March corn futures settled up 6-1/2 cents at $3.77-3/4 per bushel, their biggest single-day advance in nearly two weeks (all figures US$). CBOT March wheat ended up 11 cents at $5.30-1/4 a bushel and January…
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Cattle producers get longer phase-in on new transport regs

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tagged Beef Cattle Bibeau bovines calves CCA CFIA Dairy Cattle feed and water humane transportation livestock transport maximum time regulations
New federal livestock transport regulations, due to come into force in February, will now roll out on a longer timeline for the beef and dairy cattle sectors. Federal Agriculture Minister Marie-Claude Bibeau has announced a "two-year transition period" for bovines, which is meant to provide "time to gather more data on effective solutions concerning the transport of cattle, while ensuring the preparedness of the sector in Canada." The Canadian Food Inspection Agency (CFIA) is otherwise…
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Field monitoring systems to cast wider Canadian net

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tagged apps Deere field monitoring Glacier FarmMedia iMetos insect monitoring Internet of Things IOT iScout Metos Canada Pessl sensors software training uMetos weather stations
Farmers will soon get a new entry point in the Internet of Things (IoT) as a new company brings field monitoring tools and services to the Canadian market. Austrian tech firm Pessl Instruments and Winnipeg-based Glacier FarmMedia, the owner of this website, on Wednesday announced a new joint venture, Metos Canada, to market and support digital smart ag services. Pessl makes and sells a roster of wireless sensors and devices, with such applications as remote field monitoring, weather…
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ICE weekly outlook: Canola values could fall further

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tagged Canadian dollar Canola canola contracts canola crop canola futures canola prices ICE Futures statistics canada statscan USDA WASDE
MarketsFarm -- Although canola has continued to be rangebound, one analyst believes prices are due for a downward shift toward the low end of the spectrum. “Gravity is going to pull it back down to the low end of the range, and $10-$15 [per tonne] wouldn’t be surprising,” said David Derwin, an analyst with PI Financial in Winnipeg. Canola has been chopping up and down for the last six months, without any major direction to guide it, he said. While Derwin doesn’t expect…
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Opposition MPs could delay CUSMA deal’s ratification

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tagged aluminum amendments Blanchet Bloc Quebecois Canada CUSMA free trade Freeland NAFTA opposition ratification Trudeau USMCA
Ottawa | Reuters -- Canada's two main opposition parties on Wednesday suggested they could move to delay ratification of a new continental trade pact, accusing the Liberal government of botching revisions to the treaty. Such a move would embarrass Prime Minister Justin Trudeau, who has vowed that Parliament will quickly approve the U.S.-Mexico-Canada Agreement (CUSMA). Senior officials for all three nations formally approved a series of amendments on Tuesday for the pact meant to…
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U.S. grains: Profit-taking pressures soybeans

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tagged Brazil cbot China closing markets Corn futures soybean swine fever tariffs USDA Wheat
Chicago | Reuters -- U.S. soybean futures fell on Wednesday as investors took profits after six days in a row of price increases, while wheat and corn sank on technical selling. Traders shrugged off news of the largest soybean sale to China in more than eight months, in the absence of fresh signs of a potential phase one trade deal between the world's two largest economies. Chinese buyers booked deals to buy 585,000 tonnes of U.S. soybeans, the U.S. Agriculture Department said on…
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