Supplies tighten increasing demand for feed grains

WINNIPEG(CNS) – As supplies tighten Lethbridge feedlots are looking for the cheapest options when it comes to feed. “Supply seems to be tight in general. There’s not a lot of offers on either corn or barley at the moment. And demand is higher than expected coming into March,” said Brandon Motz, sales manager at CorNine […] Read more

Prairie wheat bids rise following lead of most U.S. futures

Winnipeg(CNS Canada) – Wheat bids in Western Canada rose in price for the week ended Feb. 9, which for the most part followed the lead of the United States futures markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices rose in Western Canada by C$7 to C$9, […] Read more

CBOT weekly outlook: USDA report delivers no surprises for traders

WINNIPEG(CNS) – The latest report released from the United States Department of Agriculture (USDA) had no surprises for traders at Chicago Board of Trade (CBOT) leaving the March corn and soybean contracts little changed. “I think that brokers right now are on the phone talking to their customers, probably some co-ops, elevators are also and […] Read more

COPA ends weekly canola and soybean crush reports

WINNIPEG(CNS) – The Canadian Oilseed Processors Association (COPA) announced Friday it will stop publishing its weekly report on member crushings. The report detailed how much canola and soybeans were crushed in Canada. The report was sent out weekly and followed by different industry professionals across the country. Ken Ball of PI Financial in Winnipeg was […] Read more

Weekly feed grains report: Demand shifting at Alberta feedlots

WINNIPEG, Feb. 1 (CNS) – Demand has shifted at Alberta feedlots this year with more forward contracting and less business taking place in the spot market, according to an analyst. “In a lot of years we’ve seen the demand has stayed in the spot market but this year there were more forward purchases that were […] Read more

AGT share price reflects pulse industry challenges

AGT Food and Ingredients has seen its stock go on a roller coaster 
ride in the last few years as crop prices fluctuated

WINNIPEG — Saskatchewan-based AGT Food and Ingredients was riding a high in 2016, when stock prices hit highs above $40 per share in May. However, the story had changed almost a year and half later, when AGT stock hit lows of almost $18 per share — a level not seen since mid-2014. Almost marching lockstep […] Read more

CBOT weekly outlook: Weather affecting U.S. grain markets

WINNIPEG (CNS) – The troublesome weather that gave corn, soybean and wheat contracts at the Chicago Board of Trade (CBOT) a boost over the past week should remain supportive, despite nearby technical setbacks according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with […] Read more

The new TPP good for Canadian ag, according to FCC

WINNIPEG, Jan. 30 (CNS) – The future of trade for the Canadian agriculture industry is looking bright with the recent announcement of the new Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), any time Canada can get less restricted access to markets it is good for agriculture. “We can open up […] Read more

Trump’s anti-trade agenda could be great for Canadian ag

As the U.S. digs itself into a deeper hole trade opportunities for Canada emerge

WINNIPEG (CNS) – As United States President Donald Trump follows his “American first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry, according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve ever […] Read more