1st Island-wide PEI Potato Social!

August 9 from 11-3pm at Monaghan Farms on Route 2 in Norboro.

The PEI Potato growers want to say thank you to our Island friends and neighbours for all the support we’ve received in the past year! Join the PEI Potato farm families in a FREE public BBQ with lots of potato treats! Visit our page on facebook to get more information HERE or REGISTER now!  We look forward to seeing you all there!

 

Local, Regional, Canadian News

 

PEI Grain Elevators Update – July 30

Soybean contracts are now at $ 380 / mt   fob PEI Elevators. Price subject to confirmation at time of call.

The PEI Grain Elevators year end is July 31st and we are closed Monday,August 3 for inventory counting.

Its been a solid volume year with the three elevators handling just shy of 70,000 MT . 90% of which is shipped by truck ( roughly 2000 truck loads ) off PEI to the EU, Ontario, Quebec, New Brunswick , Nova Scotia and NFLD. $10 Million worth of Soybeans were exported to Belgium during a difficult harvest last fall.The large dryers and cleaners where well utilized last year and proved their worth by saving lots of off spec product.

Markets

The Weather market is shifting focus.Next week the market will likely increasingly shift to the August 12th USDA crop report, which will contain revised acreage figures, and the first surveyed yield estimate. Funds are in & out of the market trying to balance their positions before the report.Volatility is the name of game. Overall the US appears to have a fairly good Soybean crop underway, and combined with huge SA supplies, total bean supplies still appear to be very ample.There is lots of Wheat & Corn in the world , but closer to home ( Canada ) there is plenty of quality / yield issues that may support prices depending on how the growing and harvest season proceeds.

Have safe and productive harvest.

Neil Campbell
General Manager

PEI Grain Elevator Corp

Kensington , PE

902-836-8942

 

Prince Edward Island Potato Farmers host PEI Potato Social

On Sunday, August 9th, 2015, the potato growers of Prince Edward Island are hosting the first ever Prince Edward Island Potato Social to thank fellow Islanders and potato-loving visitors for their support in the past year. MORE

 

Latest potato pin incident different, say RCMP, marketing board

‘Not every object has been ruled as tampering,’ says RCMP Sgt. Leanne Butler MORE

 

Trans-Pacific Partnership worries dairy producers

Trans-Pacific Partnership negotiations underway in Hawaii MORE

 

Canada’s frustrating dairy hardball could slow TPP talks, says New Zealand envoy

Other parties around the bargaining table are growing exasperated with Canada for stonewalling their demands to pry open its dairy market as part of a major global free-trade deal. MORE

 

Minister Ritz Calls for Outright Repeal of United States Country of Origin Labelling (COOL)

“Senators Hoeven and Stabenow’s proposal in no way reflects Canada’s voluntary labelling regime – any suggestion of this is blatantly false. ‎A voluntary regime as they propose does not require legislation.” MORE

 

Livestock

 

U.S. livestock: CME live cattle futures finish mostly weak; hogs lower

Most Chicago Mercantile Exchange live cattle contracts ended weak on Thursday, after investors sold deferred months and bought August led by near-term bullish fundamentals, traders said. MORE

 

CME: Export Numbers Look Supportive for US Pork Market

The weekly USDA numbers have been released and they were supportive of the pork market (with some big caveats) but they continued to show a notable slowdown in beef shipments, write Steve Meyer and Len Steiner. MORE

 

Nothing to Dampen Australian Beef Markets

There is no reason why the current boom in Australian cattle prices should falter, according to market analysts at Meat and Livestock Australia. MORE

 

PED Lessons Learned Cause for Future Optimism

The executive director of the National Swine Health Information Centre says US successes in dealing with Porcine Epidemic Diarrhoea (PED) are cause for cautious optimism in the ability of producers to address disease issues, writes Bruce Cochrane. MORE

 

Farm, Consumer and Competition Groups Oppose JBS-Cargill Pork Merger

The American Antitrust Institute, Food & Water Watch, Iowa Farmers Union, Missouri Rural Crisis Center and National Farmers Union have demanded that the US Department of Justice (DOJ) investigate the proposed JBS-Cargill pork packing acquisition, arguing that the deal would concentrate buyer and seller power in the pork industry. MORE

 

Going Antibiotic Free Can Be Done

Beef producers can go antibiotic free and some consumers are willing to pay for it. MORE

 

Crops

 

North American grain/oilseed review: Canola up, but settles below C$500/tonne

Canola contracts on the ICE Futures Canada trading platform ended higher on Thursday, underpinned by rumours that China made a fresh purchase of Canadian canola earlier this week, analysts said. MORE

 

GRAINS-Wheat firms, still set for biggest monthly loss in 4 years

U.S. wheat rose more than 0.5 percent on Friday, rebounding from a five-week low, though the grain is poised to record its biggest one-month fall in more than four years as ample global supply weighs on the market. MORE

 

U.S. grains: Soybeans rise on strong exports, corn firm, wheat weak

Old-crop export sales total over 416 tonnes in the latest week MORE

 

More downside possible for canola

ICE Futures Canada canola contracts moved sharply lower during the week ended July 29, and more downside is possible for the market in coming weeks. MORE

 

29 varieties to be removed from CWRS and CPSR classes

The list includes formerly popular varieties such as Katepwa, Harvest and Kane MORE

 

New in winter cereal crops

A few tough years for winter wheat have led to some great new opportunities MORE

 

New partnership to advance global potato genomics

The International Potato Center (CIP) is partnering with Novogene Bioinformatics Technology Co., Ltd. to advance potato genome research. MORE

 

General Interest

 

Don’t Kill Your Crops With Sloppy Sprayer Maintenance

When it comes to your crops and sprayers, very small amounts of chemical residues can cause big problems. MORE

 

Megatrends versus Canada’s farms

Can your farm thrive over the next decade? MORE

 

Regular Updates

 

Weekly Michigan Potato Report – July 29 HERE

Rayglen Market Comments – July 29 HERE

Ontario Farm Market Summary – Wednesday, July 29 HERE

Ontario Cattlemen’s Association Market Report – Thursday, July 30 HERE

ICE Futures Canada Thursday: Canola futures prices higher, barley unchanged HERE

AM markets: grains rise as benign weather idea loses polishHERE

Grain Farmers of Ontario – Daily Commodity Report HERE

USDA – Daily National Potato and Onion Report HERE

More Futures Prices – HERE and HERE

AgWeather Atlantic HERE

Today’s Local Weather – HERE

 

Meetings and Events

 

Farmers Helping Farmers – Celebrating 35 Years – Annual Beef Barbeque

August 8th 4:00 – 6:30 – Harrington Research Station – 1200 Brackley Pt. Rd.

$30.00 Adult and $10.00 for children 12 yo and under. Tickets available at PEIFA office and Riverview Mrket.

 

19th Annual Golf Tournament

August 12 – Countryview Golf Course MORE

 

PEI Organic Hemp Seed Field Day

August 17, Various locations

Hosted by the PEI Certified Organic Producers Cooperative (COPC), will include presentations from the main buyer in eastern Canada (eastern Quebec),  a plant breeder from Ontario who is working on Island-adapted varieties, a successful Saskatchewan organic hemp farmer, and on collaborative trials at the AAFC Harrington Research Station. There will also be a visit to a 10 acre field trial in one of our members’ fields. Free to attend and all are welcome! See HERE for more details and to confirm your participation.

 

First Aid and CPR courses

The PEIFA is offering First Aid and CPR courses through Island First Aid Services for $70+hst. The courses are 2 days in length and are good for 3 years. If you have several people needing training in your workplace courses can also be arranged at the farm for a minimum of 8 people. For further information on these courses or any other training opportunities please contact Charlotte at the PEIFA office 902-368-7289.

Dates for August:

5th and 6th- Summerside       8th and 9th – Stratford

11th and 12th – Stratford       22nd and 23rd – Summerside

27th and 28th – Stratford

Dates for September:

12th and 13th – Stratford       14th and 15th – Stratford