WINNIPEG(CNS) – The late winter snowstorm which hit Western Canada the first weekend in March caused auction marts across Manitoba to cancel sales. “I don’t think anybody sold anything until (Thursday). We had no cattle at all, either sale. And Brandon had no cattle, Killarney had no cattle,” said Robin Hill of Heartland Livestock Services […] Read more
Ashley Robinson
Stories by Ashley Robinson
Prairie wheat bids rise as dollar falls
Winnipeg(CNS Canada) – Most wheat bids in Western Canada rose over the week ended March 2, following the lead of the United States futures and taking strength from a weak Canadian dollar. Depending on the location, average Canada Western Red Spring (13.5 percent protein CWRS) wheat prices rose in Western Canada by C$1 to C$5, […] Read more
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
Pulse report: Prairie farmers selling before road bans hit
WINNIPEG, Feb. 6 (CNS) – Demand is picking up as pulse crop producers in Western Canada look to sell what’s left of last year’s crop before spring. “(Farmers) need to get some cash flow going. They’ve got payments probably in February and March and then they want to beat the road bans,” said Allan Johnston […] 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 moreCBOT 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
