World wheat troubles could spark mini-rallies

Farmers should pounce on any weather-related mini-rallies in the spring wheat market this summer, says an analyst. There isn’t much hope that the crop will experience a big rally, so any small blip should be considered a good chance to sell some new crop, said Bruce Burnett, director of markets and weather with Glacier MarketsFarm. […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$62.47 per hundredweight June 22, up from $61.21 June 15. U.S. hogs averaged $79.97 on a carcass basis June 22, down from $82.87 June 15. The U.S. pork cutout was $85.64 per cwt. June 22, up from $84.09 June 15. The estimated U.S. […] 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. Steer price rebounds After three consecutive weeks of lower prices, western Canadian steer prices rebounded $2.50 per […] Read more


The bacon craze is proving to be more than a passing fad.  |  Michael Raine photo illustration

Bacon market remains hot

DES MOINES, Iowa — Everything’s better wrapped in bacon. At least, that’s how the pork market acted last year, pushing pork belly prices high as demand surged. It provided a lot of cash value to the overall pork carcass and gave farmers more dollars in their pockets. Was it just a fad? Has it faded […] Read more

Retail prices for phosphate fertilizer are $730 to $750 per tonne, up from $680 to $700 per tonne in the spring.  |  File photo

Phosphate prices may not drop this summer

Unusually tight inventories have driven up the price of the second most popular fertilizer used on the Prairies

Farmers who buy phosphate fertilizer in the summer or fall could be in for sticker shock. Prices usually drop in the summer, but that is not happening this year because of changing market dynamics, according to a supplier of the product. Brendon Sayers, Canadian sales manager for EuroChem North America, spoke to a customer recently […] Read more


Closed market access because of the discovery of genetically modified wheat plants in Alberta may upend the predictable market cycles on which hedging is based.  |  File photo

Unpredictability makes hedging difficult for producers

There are some things you can count on in the crop and meat markets: Crops are volatile but rise from spring toward August and then sell off as weather worries arise and then dissipate. Pork prices rise into midsummer as barbecuers work their grills, and then sell off. Except when those things don’t happen, like […] Read more

The spring high in new crop November soybeans was reached May 25 and the price has since fallen by almost 12 percent.  |  File photo

China-U.S. trade war gets real as soybean tariffs imposed

A growing trade war between the United States and China is weighing heavily on American soybean prices, which have fallen sharply from the spring highs. However, the value of Canadian canola is hanging on better. The weather in the U.S. Midwest is co-operating and the amount of soybeans in good to excellent shape at 74 […] Read more

Canadian beef demand is positive and consumption is up slightly for the second year in a row.
 | File photo

Beef consumption up slightly in Canada for second year

Record high beef production is expected in the U.S. and demand is holding, but it’s unclear if the growth is slowing

EDMONTON — Global demand for protein remains strong, but a senior analyst for Canfax said it is becoming harder to predict where beef fits in, with so much of the discussion focussing on meat alternatives. Nevertheless, Canadian beef demand is positive and consumption is up slightly for the second year in a row. “Canadians are […] Read more


World wheat woes may kick start market

Wheat markets finally have something to get excited about. Production prospects are falling in many key exporting regions, and that is boosting futures markets. The U.S. Department of Agriculture lowered Russia’s production by 3.5 million tonnes to 68.5 million tonnes in its latest supply and demand report. It is drier than normal in the south, […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$61.21 per hundredweight June 15, up from $56.72 June 8. U.S. hogs averaged $82.87 on a carcass basis June 15, up from $76.48 June 8. The U.S. pork cutout was $84.09 per cwt. June 15, up from $79.47 June 8. The estimated U.S. […] Read more