WP livestock report

Hogs slide The United States national live price average for barrows and gilts was US$39.06 per hundredweight March 30, down from $42.61 March 23. U.S. hogs averaged $48.49 on a carcass basis March 30, down from $52.96 March 23. The U.S. pork cutout was $70.62 per cwt. March 30, down from $72.64 March 23. The […] 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 www.canfax.ca. Fed cattle under pressure The fed cattle market is under pressure, and this week’s weighted average fed […] Read more


Soybeans’ trade war fallout uncertain

Some analysts believe Canada would benefit if China targeted U.S. soybeans in brewing trade war; others not so sure


A brewing trade war between the United States and China could create turbulence for Canada’s soybean sector, says an industry executive. U.S. President Donald Trump has directed the U.S. trade representative to apply tariffs on about US$50 billion of Chinese imports in response to what he claims is intellectual property theft by China. China recently […] Read more



2017 dryness cuts into fababean acres

Fababean acres may be down this spring, but the prognosis is much better in the two-to-five-year time frame, says a promoter of the crop. Brad Goudy, owner of Proactive Producers Ltd., the largest provider of zero-tannin fababeans in Western Canada, expects some farmers will be abandoning the crop after disappointing results in 2017. “Guys who […] Read more


Canada-EU trade deal more important than ever

A couple years ago, when Canada was working hard to complete the Canada-European Union trade deal, a lot of people within farming and agriculture were skeptical. After all, everybody knew that the Europeans were never going to accept two-way trade, so we were probably just getting played for fools, said many skeptics. A couple of […] Read more



Trade war might not boost hog prices for Canada

U.S. President Donald Trump’s trade war with China threatens to crimp U.S. pork exports and has already weakened U.S. prices. While Canada might sell more to China because of the tit-for-tat scrapping, prices to producers are likely to be disappointing. “You people need to stop following the U.S. market,” said Iowa State University agricultural economist […] Read more


Market struggles to identify size of China’s corn stockpile

More questions are being asked about the size of China’s usable corn stocks and how quickly they will be drawn down. The big story in the past two years was the Chinese government’s decisions to: stop price supports and move to a market orientation stop government buying and stockpiling create a 10 percent ethanol content […] 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 www.canfax.ca. Fed prices low Alberta fed steer prices established new annual lows last week, while Ontario prices traded […] Read more



WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$42.61 per hundredweight March 23, down from $47.18 March 16. U.S. hogs averaged $52.96 on a carcass basis March 23, down from $57.26 March 16. The U.S. pork cutout was $72.64 per cwt. March 23, down from $74.30 March 16. The estimated U.S. […] Read more


Chinese corn shortage could cause rally

Analysts believe demand is outstripping supply, which could deplete the country’s reserves and boost grain prices


China’s corn market has shifted from surplus to deficit, which is drawing down the government’s stockpile and could eventually lead to a sustained price rally for corn and other grains, say analysts. According to the Dim Sums web blog, futures markets analysts in China estimate there will be a supply-demand corn deficit of 48 million […] Read more