Weaker dollar limits canola, soybean losses

The ICE Futures canola platform were weaker at market close following soybeans. However, the weaker Canadian dollar limited losses for the market. Chicago Board of Trade (CBOT) soybean, oil and meal contracts were weaker also. Seasonal harvest pressure weighed on the market. It is expected farmer deliveries should slow down soon, however there is concern […] Read more

Weather weighed on 2018 Manitoba crop

Conditions were variable across Manitoba throughout the 2018 growing season, according to the provincial crop report released Oct. 29. As of Oct. 29, provincially 97 percent of the total crop was harvested. Crops completely finished include winter wheat, fall rye, field pea and dry bean. The spring wheat, barley, oat and canola crops are 99 […] Read more

Canola, soybean markets drop slightly

The ICE Futures canola platform were weaker at market close, following the lead of soybean contracts. The market was mostly sideways in trade today, holding range bound. Chicago Board of Trade (CBOT) soybean and oil contracts were down, while meal contracts were mixed. Last week saw heavy farmer selling, Canadian Grain Commission data released on […] Read more


Beans tug on canola as China lower feed protein

Canola was pulled lower by beans. Chicago Board of Trade soybean and oil contracts were down, while meal contracts were mixed. Last week saw heavy farmer selling, Canadian Grain Commission data released on Friday showed 636,500 tonnes of canola deliveries to elevators. We could see more selling this week as farmers look for cash for […] Read more

Chicken product recall investigated

Twenty-five cases of salmonella illness in Canadians are under investigation as of Oct. 26 in connection with consumption of raw, uncooked chicken products, as confirmed by the Public Health Agency of Canada. Two people have been hospitalized but no deaths have been reported in connection with the recent outbreak of the illness. Frozen raw breaded […] Read more


China’s new animal feed standards set to lower soybean consumption

BEIJING, Oct 28 (Reuters) – New standards of protein content in animal feed that China announced on Friday will cut the country’s annual soymeal consumption by 11 million tonnes and soybeans by 14 million tonnes, according to a statement from the agricultural ministry seen on Sunday. China is entering what is typically its top buying […] Read more


Canola prices drop as farmers make progress on harvest

Canola contracts on the ICE Futures exchange fell to their lowest levels of the past year during the week ended Oct. 26, as harvest operations across Western Canada finally neared completion. Farmers in both Alberta and Saskatchewan reported good progress during the week, helping ease concerns over unharvested acres being left out over the winter. […] Read more


Manitoba cattle market better than rest of Prairies

While cattle prices are starting to soften across most of Western Canada, Manitoba is finding itself as the exception. “In Manitoba things aren’t looking too bad. They’ve got some options there, their price has almost been a premium, or some of the strongest in Western Canada,” said Brian Perillat, manager and senior analyst at Canfax. […] Read more

Drought to cut east Australia crop output in half from 20-year average

MELBOURNE – Drought is expected to cut eastern Australia’s crop production this year to less than half the average over the past 20 years, with New South Wales to be worst hit, the country’s agricultural commodities forecaster said on Friday. While some regions are facing the worst conditions in memory, the Australian Bureau of Agricultural […] Read more