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Wheat protein spreads widen

Protein spreads for spring wheat are raising eyebrows. “They’re awfully wide,” said Brian Voth, president of IntelliFARM Inc. “They’re wider than what we’ve ever seen as long as I can remember, even under the (Canadian) Wheat Board days.” The discount for 12 percent protein is about $1 per bushel below the price paid for 13.5 […] Read more

Lighter carcasses offset cattle slaughter numbers

The Canadian cattle industry is in that sweetest of spots — all sectors are making money. How long that will last is tricky to predict, market analyst Anne Wasko told those at a Nov. 15 Cow-Calfenomics session organized by Alberta Agriculture. The fall calf run was better than expected, feeders are doing well after a […] Read more

StatsCan seeks alternatives to phone surveys

Agency listens to farmers annoyed by phone calls and pursues other data sources, but analysts worry about frequency of reports

If farmers are annoyed by Statistics Canada’s requests to answer surveys, they might be happier in future. But some analysts urge StatsCan to move cautiously if it intends to do fewer farmer surveys. “In terms of making markets work and making price discovery, we have to be very cautious about changing reporting structures and things […] Read more

Crop yields to rise even with climate change

Benefits of higher carbon dioxide levels will offset impact of global warming, an American speaker says at Grain World

Some people peer closely at crop statistics. Others get down on their hands and knees to figure out exactly how many cobs and kernels of corn or heads and kernels of wheat are in a square yard of farmland. Kurt Ahrens does both, and the fanatical crop tour participant gave good news to Grain World’s […] Read more

Chinese protein needs hurt canola

Canada’s canola industry needs to dial back its ambitions for exports to China because there’s little chance they will be as large as many hope. That was a repeated message from Felix Muller, head of global soft seeds for Chinese crop trading giant COFCO International. “Demand in China is highly price sensitive,” Muller said at […] Read more

Canfax report

This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at FED CATTLE LOWER The Canfax weighted average fed steer price was $147.46 per hundredweight, down $1.78, and […] Read more

WP livestock report

HOGS DOWN U.S. hog prices fell as packers slowed buying in advance of a short week because of U.S. Thanksgiving. The U.S. national live price average for barrows and gilts was US$45.69 per cwt. Nov. 17, down from $46.91 Nov. 9. U.S. hogs averaged $56.96 on a carcass basis Nov. 17, down from $59.90 Nov. […] Read more

VIDEO: Canada’s agricultural markets update – November 22, 2017

D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts a market video about crops. The video is designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered.

U.S. corn and DDGS producers court Alberta feedlots

Feed barley prices are being kept in check by an abundance of U.S. corn, says a trader. Barley is selling for $215 per tonne delivered into a Lethbridge feedlot, up from about $170 per tonne a year ago. That is a hefty 26 percent increase, but it won’t likely drift much higher because U.S. corn […] Read more

USDA proposes pork grading focus on flavour, texture

If adopted, the grading system would once again play up pork as a red meat and drop the white meat comparison

Pork is getting closer to becoming “the other steak” and backing away from being “the other white meat,” says a taste-focused pig genetics company. And it believes that’s the best news the pork market has had in years. “I think it’ll create an evolution. The premium will be for hard marbling, darker meat, closer to […] Read more