Markets Publishing Week of 2008-05-08
Rising input costs erode profits Farmers claim rising input costs are eating away at their potential profits for the coming crop year and that appears to be the case based on break- even calculations. Rising initial payments spark overpayments on contracts Volatile grain markets have put the Canadian Wheat Board in the embarrassing position of having to claw back $29 million from prairie farmers. Barley price hinges on livestock recovery On the surface, it appears the barley market can be summed up by one word: down. Grain prices well off winter peaks - Market Watch The panic over the cost of food has put grain prices on the front page. Farm leaders criticize Colombian trade deal Farm representatives say Canadian agricultural exporters would benefit significantly if Canada negotiated a good free trade deal with Colombia. Western Producer Livestock Report Fed cattle rise Markets Publishing Week of 2008-05-01
Durum PRO reflects larger global acreage A potential jump in world durum supplies has prompted the Canadian Wheat Board to lower its new crop Pool Return Outlook by 55 cents per bushel. StatsCan hog report shows numbers declining The carnage in the hog industry is clear in Statistics Canada's numbers released April 24. U.S. scrutinizes futures market If nothing else, it's always good to be heard. Oil prices fuel inflation - Market Watch Oil prices were flirting with $120 per barrel early this week and several prominent analysts released forecasts last week predicting a barrel could cost $150 this summer. Western Producer Livestock Report Fed prices rise Markets Publishing Week of 2008-04-24
Farmers plan more wheat, less barley Wheat may soon reclaim its crown, because Canadian farmers are expected to plant significantly more of it this spring. Pea acres up, chickpeas take dive Canadian farmers plan to grow a record crop of peas in 2008. Egyptian wheat plans in doubt Plunged into chaos by a rapid rise in prices, Egypt is determined to harvest more wheat this year. Exports, cull will regain hog profitability - Market Watch Hog prices are recovering from their mid March lows, but they need to climb a lot higher to cover the increased costs of production. Western Producer Livestock Report Fed values rise Markets Publishing Week of 2008-04-17
Man. flood aid extended Persistence does pay off. Chinese demand for canola seen easing Chinese demand for canola hasn't materialized as anticipated, which means growers sitting on old crop might not see the end-of-season price hike they hoped for. Drought expected to have shrunk Turkish lentil crop There are no reliable statistics about the impact a drought in Turkey is having on the lentil crop but it is safe to say it won't be a huge harvest, says the largest lentil splitter in the Americas. Hog recovery possible in '09 When Manitoba Pork Council chair Karl Kynoch took the podium last week, he didn't sugar-coat the message. Initials rise Large increases to Canadian Wheat Board initial payments have been approved by the federal government, effective April 17. Lack of water threatens China's food supply - Market Watch Despite weather challenges this year, China expects to harvest 102.6 million tonnes of wheat, about the same as last year. Western Producer Livestock Report Fed cattle edge higher
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