Winnipeg,(MarketsFarm) – Through reducing emissions and investing in offsetting projects, Maple Leaf Foods Inc. has become the first major food company in the world to become carbon neutral, the company announced Nov. 7. “Given the impact that climate change is having on our planet, our vision is one that calls us to strive for continuous […] Read more
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Maple Leaf Foods goes carbon neutral
ICE Canola Weekly Outlook: Steady market stuck in a rut
Winnipeg (MarketsFarm) – ICE canola futures held within a narrow range during the week ended Nov. 13, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable […] Read more
CWRS bids edge lower with Minneapolis futures, CPSR up
Winnipeg (MarketsFarm) – Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned Canada Prairie Spring Red […] Read more
Barley and feed wheat at par in southern Alberta
Winnipeg (MarketsFarm) – Feed barley prices in southern Alberta’s feedlot alley moved higher over the past few weeks, but the price rise will likely slow down as barley trades at par with feed wheat. Feed barley and feed wheat are both currently trading at around C$225 per tonne delivered into Lethbridge, Alta. “That’s a sell […] Read more
Green/yellow pea price spread to widen
Winnipeg (MarketsFarm) – Quality issues with Canada’s green pea crop are starting to show up in the cash market, with a widening spread between green and yellow peas expected going forward. Top end green pea bids have risen by more than a dollar per bushel over the past month, while yellow peas have only increased […] Read more
Weekly Manitoba Cattle Report
Winnipeg (MarketsFarm) – Cattle auction yards were busy across Manitoba during the last week of October, with the fall run in full swing. “We’re busy, I think every barn is full (across the province),” said Robin Hill, of Heartland Livestock Services in Virden. “The volumes in Western Canada really cranked up over the past week, […] Read more
Canadian canola crush pace running well ahead of average
Winnipeg, Nov. 1 (MarketsFarm) – Canada’s canola crush pace is running well above average, with demand from domestic processors more than making up for any issues on the export front, according to the latest grain handling data. The Canadian Grain Commission reported total domestic usage of canola during the first 12 weeks of the 2019/20 […] Read more
Manitoba beef sector facing tight feed situation
Winnipeg, Oct. 22 (MarketsFarm) – An early snowstorm may have been the last straw for Manitoba livestock producers looking to put up feed ahead of winter. While the foot or more of heavy snow that blanketed much of the province over the Thanksgiving weekend has melted, saturated fields continue to limit the corn silage harvest […] Read more
Canola crush margins double year-ago level
Winnipeg, Oct. 22 (MarketsFarm) – Canola crush margins have shown considerable improvement in recent weeks, which is a sign that the commodity is looking cheap compared to its product values. As of Oct. 21, 2019, the Canola Board Crush Margin calculated by ICE Futures U.S. was about C$100 above the November contract, which was up […] Read more
Canadian canola deliveries hit weekly record
Winnipeg (MarketsFarm) – Canadian farmers made record deliveries of canola into the commercial pipeline during the second week of October, according to the latest Canadian Grain Commission data. Wet weather, including heavy snow in some regions, continued to keep farmers off of their fields across much of Western Canada, but producers were actively delivering canola […] Read more
