Analysts on opposite ends of canaryseed outlook

An analyst says there could be fireworks in the canaryseed market this winter, while one exporter forecasts something more akin to a flickering candle. Canadian canaryseed prices have experienced an “enormous uptrend” over the past dozen years until 2015 arrived and there was a downward correction, said Harold Davis, author of Prairie Crop Charts. It’s […] Read more

Oats posts harvest low, movement frees bin space

Most Prairie oat growers appear to be relatively satisfied as they grind their way through a dull oat market. Prices might not be good, but the crop has been moving and yields have been making up for soft prices. “People are buying it and using it,” said Neil Townsend of FarmLink Marketing. “It’s providing cash […] Read more

Expect lower U.S. winter wheat acres despite high yields

The pace of winter wheat seeding in the United States is much slower than normal, particularly in the key state of Kansas. Nationally, winter wheat seeding as of Oct. 22 was 75 percent done compared to the five-year average of 80 percent. In Kansas, only 67 percent was in the ground, down from the average […] Read more

More cattle moving into U.S. feedyards

CHICAGO (Reuters) — The number of cattle placed in U.S. feedlots in September was up 13.5 percent over last year at the same time, topping analysts’ average forecasts and hitting the highest level for the month in six years. September placements were 2.15 million head, the U.S. Department of Agriculture cattle on feed report said […] Read more

WP livestock report

Hogs rise The hog cash market continued to rise on stronger demand as two slaughter plants, the Seaboard Triumph Foods in Sioux City, Iowa, and Clemens Food in Coldwater, Michigan, have recently opened in the United States and packer margins have been attractive. Buying for October Pork Month in the U.S. is coming to a […] 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 steers up slightly The Canfax fed steer average was $137.69 per hundredweight, up only 15 cents […] Read more

VIDEO: Canada’s agricultural markets update – October 25, 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.

Low pulse exports create market anxiety

Sluggish pulse sales to India have some analysts forecasting bourgeoning carryout while others believe there is no cause for alarm. Bulk pea sales are 35 percent below last year’s pace, while bulk lentil shipments are 42 percent behind, according to Canadian Grain Commission statistics. “We’ve been getting rather used to being very front-end loaded where […] Read more

China’s policy change bad for soybean imports

The adage is that big crops get bigger but that does not appear to be the case in U.S. soybeans this year. The trade last week expected the United States Department of Agriculture to raise its yield forecasts for corn and soybeans in its monthly report. It did raise the corn yield, but it lowered […] Read more

China’s pig herd shrinks at fastest pace since early 2016

The government’s tough new pollution standards ban livestock production near water sources or high populated areas

(Reuters) — China’s pig herd shrank last month at the fastest pace in almost two years, the Ministry of Agriculture said, the latest sign sweeping government steps to curb pollution have accelerated cuts in one of the nation’s critical farm sectors. The hog herd in the world’s top pork consumer fell by 6.1 percent from […] Read more