Revived TPP threatens U.S. wheat sales

The United States is likely to lose lucrative market share of wheat in Japan, the U.S. Department of Agriculture is warning the American agriculture industry. The reason: other nations’ embrace of free trade deals. “The current market preference for (Canadian spring wheat) over (American spring wheat) may be compounded in the coming years by the […] Read more

Where will shrinking pulse acreage go in 2018?

Canadian pulse seeded area will likely be down significantly in 2018 because neither prices nor demand are likely to improve soon. That raises the question of where the former pulse acres go. For many, it will likely mean more canola area, and that raises worries about disease pressure. Pulse area surged in the past few […] Read more

New plants ease hog market worries

Farmers should get a year of strong packer demand and aggressive cash prices — unless U.S. President Donald Trump blows up the North American pork market. That’s how Hams Marketing’s director of risk management, Tyler Fulton, looks at 2018. “I’m pretty optimistic that these new plants will shake up the dynamic enough that we will […] Read more

Canola higher but outlook still bearish

WINNIPEG — ICE Futures Canada canola contracts moved higher during the first trading week of 2018 as speculators covered short positions and the market saw a modest recovery off of the late-December lows. Bitterly cold temperatures across much of Western Canada and the resulting slow-down in country movement was also supportive, although the latest grain […] Read more

Canola market doldrums need cautious risk management

First, canola futures slid from $520 per tonne to lower than $490. Then prices bounced back $10 to almost $500. How do you get a sense of the price range from that? What does the slide mean? What does the bounce-back mean? Lots of farmers and marketers are pondering that after December’s drama. The same […] Read more

WP livestock report

Hogs rise The U.S. national live price average for barrows and gilts was US$47.57 per cwt. Jan. 5, up from $45.14 Dec. 28. U.S. hogs averaged $64.01 on a carcass basis Jan. 5, up from $57.95 Dec. 28. The U.S. pork cutout was $79.07 per cwt. Jan. 5, up from $78.03 Dec. 28. The estimated […] Read more

U.S. winter wheat faces significant risk from cold snap

It was a decidedly unhappy New Year for many hard red winter wheat growers in the United States. Temperatures plunged as low as -40 C Jan. 1 in portions of the country’s winter wheat growing areas, causing what some weather analysts believe is widespread winterkill. Nick Vita, meteorologist with Commodity Weather Group, said the winterkill […] Read more

India urged to better explain import duties to its suppliers

Pulse Canada says exporters need more information from India so they have an idea how to plan for the upcoming year

It is time for the global pulse industry to move beyond expressing concern about India’s actions and to focus on ideas and solutions, says the head of Pulse Canada. India’s recently announced duties and fumigation fees have brought trade to a “near halt” with the world’s top buyer of peas, lentils and other pulses. Gord […] 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 market stable The Canfax weighted average prices for fed steers and heifers were unchanged this week […] Read more

Pulse prices unmoved by latest Indian import tariffs

India’s announcement that it was slapping duties on lentils and chickpeas had little impact on prices that were already “in the doldrums,” says an analyst. “The whole thing was anticipated,” said Brian Clancey, editor of Stat Publishing. “Canadian lentil exports to India had already plunged. The market had died for us.” India announced on Dec. […] Read more