Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
Phil Franz-Warkentin
Stories by Phil Franz-Warkentin
U.S. livestock: Cattle at fresh highs, hogs weaken
Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
Alberta harvest wrapping up: report
Harvest operations advanced to 96 per cent complete in Alberta as of Oct. 7, with only a few late-seeded cereal and canola fields remaining, according to the latest provincial crop report.
Canadian agriculture minister MacDonald headed to Mexico
Canadian Minister of Agriculture and Agri-Food, Heath MacDonald, will lead a ministerial mission to Mexico next week, Oct. 14-17.
Ample supplies and improved livestock sector to boost Canadian feed sector: FCC
Abundant feed grain supplies and improved profitability for the livestock sector should support strong feed demand and sales through the winter, says a new report from Farm Credit Canada.
Saskatchewan harvest nearing completion: Report
Saskatchewan farmers made good harvest progress during the first week of October, only seven per cent of crops still in the field as of Oct. 6, according to the latest provincial report. Dry conditions over the past few weeks allowed harvest to catch up to seasonal averages.
VIDEO: Catch up with the Western Producer Markets Desk
New YouTube market commentary released
The Western Producer Markets Desk provides daily updates on agricultural markets, with recent video commentary including looks into canola, wheat, cattle and feed grains.
CBOT weekly: Soybeans/corn showing strength amidst harvest
Corn and soybean futures at the Chicago Board of Trade were showing some strength during the first week of October, despite seasonal harvest pressure keeping a lid on the upside.
Farm market reports have come a long way since days of radio
The prominence of broadcast radio has faded over the years, but the market information in old recorded reports remains as essential as ever.
‘Nothing bullish’ for sliding oats market
Oats futures at the Chicago Board of Trade have trended steadily lower for the past three months, with cash bids in Western Canada seeing a similar trend.
