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Average CWRS (13.5%) wheat prices were down by C$5 to C$10 per tonne, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average prices ranged from about C$212 per tonne in western Manitoba to as high as C$235 per tonne in southern Alberta. | File photo

Wide range of losses in Western Canadian wheat prices

WINNIPEG, May 21 (MarketsFarm) – Wheat bids in Western Canada were across the board for the week ended May 17. There were losses in Canadian Western Red Spring Wheat (CWRS), while Canada Prairie Red Spring (CPRS) price were mixed and Canadian Western Amber Durum (CWAD) prices were largely steady. Firmness in the Canadian dollar provided […] Read more

U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday. Trudeau is scheduled to speak to reporters on Friday afternoon after he meets with steel workers at Stelco Holding Inc steel mill in Hamilton, Ontario. | Twitter/@FilomenaTassiMP photo

U.S. to remove tariffs on Canadian metals, Mexico deal imminent

WASHINGTON/OTTAWA (Reuters) – The United States and Canada on Friday announced a deal to remove tariffs on Canadian steel and aluminum in exchange for new curbs to keep dumped metals from China and other countries out of the United States, paving the way for a similar pact with Mexico. The quota-free deal will eliminate the […] Read more

Gord Bacon, chief executive officer of Pulse Canada, said companies like Beyond Meat don’t care about size, colour and shape because they are grinding pulses into flour rather than selling them whole or split.
 He said the pulse sector must develop new quality parameters that meet the needs of these alternative-use customers.
 | File photo

Rise of plant-based protein forces pulse quality rethink

The sector says it must develop new quality parameters to meet the needs of customers using pulses for alternative uses

It is time to develop new quality parameters and grading systems for pulses as demand for plant-based proteins takes off, says the head of Pulse Canada. In the past, quality has been defined by three attributes — size, shape and colour. Those are the key traits in traditional markets like India. Buyers want to know […] Read more

One of the problems in trying to determine the extent of Russian wheat exports is that the margin of error in the country’s official statistics tends to be quite large. This wheat field was being harvested last September in Russia’s Krasnoyarsk region.  |  REUTERS/Ilya Naymushin photo

No let-up for Russian wheat exports

The country was expected to run out of wheat for export last year, but it didn’t happen; now another bumper crop looms

Russian wheat exports finally appear to be waning many months after analysts thought the country would be relinquishing its grip on the market. Grain industry gurus had forecast that Russia would run out of wheat by the end of 2018. Some said the government would take steps to curb exports once shipments reached 25 million […] Read more

Durum acres are expected to be down this year.  |  File photo

Durum price recovery seen on the horizon

Demand for the crop has been picking up lately through both Vancouver and Thunder Bay; North Africa is particularly strong

Durum demand is picking up big-time. The crop set weekly export records in weeks 39 and 40 of the 2018-19 crop year, according to Canadian Grain Commission statistics. Grain companies shipped 247,800 tonnes in the week ending April 28, followed by 268,000 tonnes the week ending May 5. “It just demonstrates that there is durum […] Read more

if farmers are designing their operations to be multi-decade factories to produce crops and animals for booming Chinese demand, they need to keep in mind that this booming demand might never appear.  |  REUTERS/Aly Song photo

Chinese assumptions become risk management issue

Does it matter if Chinese demand for what Canadian farmers grow and raise begins slumping 20, 50 or 100 years from now? Over the past two weeks fellow reporter Robert Arnason and I have taken a deep dive into the question of whether or not China’s expected ever-increasing hunger for western Canadian crops, meat and […] Read more

Canada exported 189,650 tonnes of canola to China in March, down from 407,770 tonnes in the same month last year. In the first three months of the calendar year, exports were 630,069 tonnes, down from 1.062 million tonnes in the same period last year.  |  File photo

Canada’s trade prospects with China deteriorate further

Normally a hopeful time of year, this spring seeding season is full of worry because insufficient rain has fallen in much of the Canadian Prairies and markets remain roiled by trade issues with China. The trade picture became more crazy last week with the United States-China trade talks faltering and the U.S. imposing new tariffs […] Read more

The U.S. Department of Agriculture is forecasting 92.8 million acres of U.S. corn, up from 89.1 million acres last year because of the switch out of soybeans, but an analyst thinks it will be more like 91.2 million acres due to delayed seeding and perhaps as low as 89.5 million acres.  |  Robert Arnason photo

U.S. corn troubles may turn market around

Seeding progress is well behind normal in the U.S. corn belt as wet and cold conditions keep farmers off of their fields

The United States corn crop is off to a shaky start and that could result in elevated corn and wheat prices, says a grain market analyst. “That is the one commodity that has potential to change colours the quickest,” said Arlan Suderman, chief commodities economist for INTL FCStone. Seeding progress is well behind normal in […] Read more

Canfax report

This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at Fed price plunges Prices for fed steers fell $5.23 per hundredweight last week to average $155.97, and […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$61.36 per hundredweight May 10, down from $61.94 May 3. U.S. hogs averaged $80.80 on a carcass basis May 10, up from $78.94 May 3. The U.S. pork cutout was $86.16 per cwt. May 10, up from $82.01 May 3. The estimated U.S. […] Read more