Must Reads

Markets at a glance

Copyright © 2018. All market data is provided by Barchart Market Data Solutions. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

explore

Stories from our other publications


Shutting down small hog operations in China and moving production to large corporate farms could result in a herd reduction that is the equivalent of almost the entire herd in the United States, This would drastically affect supply in the Asian country and in markets such as this one in Beijing.  | REUTERS/Jason Lee photo

Hog disease may change everything

Analysts think African swine fever could decimate China’s hog herd, forcing it to significantly increase meat imports

African swine fever is about to unleash the most profound changes in meat and feedgrain markets that farmers will see in their lifetime, says a market analyst. Shawn Hackett, president of Hackett Financial Advisors, said a “pandemic of infection” in China is going to lead to surging demand and prices for North American meat products. […] Read more

The Americans’ recent bungling of trade files means their country is far behind Canada, which must make the most of these new-found opportunities.  |  File photo

U.S. trade mess is Canada’s chance to gain advantage

So, what now? With the U.S. midterm elections done, we have more certainty about who has the power and influence in Washington for the next two years. Unfortunately, that doesn’t provide a lot of certainty for trade. Will the U.S. approve NAFTA2? Will the U.S. attempt to get back into the new Trans-Pacific Partnership? Most […] Read more

The forecast for U.S. year-end soybean stocks is ballooning to a record high because of that country’s trade war with China.  |  File photo

U.S. soy stocks rise while China swims in ocean of corn

There are several take-away messages from the November monthly supply and demand report from the U.S. Department of Agriculture. If you take China’s stocks out of the totals, global corn and wheat year-end stocks should shrink this year compared to last, providing support for grain prices. The November estimate of the U.S. soybean crop is […] Read more


Decline in U.S. soybean acres expected to continue for years

Like many analysts, those at the U.S. Department of Agriculture are predicting a steep drop in U.S. soybean acres next spring. Unlike many analysts, they are not forecasting a rebound in those acres in the years that follow. In its base line projections used for budgeting purposes, the USDA is forecasting 82.5 million acres of […] 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 www.canfax.ca. Small rise for fed cattle Weighted average steer and heifer prices closed last week at $148.45 and […] Read more


WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$42.79 per hundredweight Nov. 9, down from $45.01 Nov. 2. U.S. hogs averaged $53.35 on a carcass basis Nov. 9, down from $57.58 Nov. 2. The U.S. pork cutout was $70.27 per cwt. Nov. 9, down from $75.07 Nov. 2. The estimated U.S. […] Read more

After a year that saw India drop off the map as a pulse importer, some industry officials expect that we could see India re-enter the pulse buying market soon. | File photo

India expected to become a pulse buyer again

After a year that saw India drop off the map as a pulse importer, some industry officials expect that we could see India re-enter the pulse buying market soon. “Seeding is going down, the monsoons are weak. So definitely they will need to import. I see that in the next few months we will start […] Read more

Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. | File photo

Canola futures hit 15-month low

Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies. The weekly Canadian […] Read more


Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. | File photo

Prairie wheat bids down with U.S. futures

Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down slightly, falling by less than a dollar to C$2 per tonne, according to price quotes from a cross-section of delivery points […] Read more

Export estimates for U.S. soybeans were lowered to 1.9 billion, down 160 million bushels. This was due primarily to there being less expected exports to China. | File photo

CBOT soybeans recover after dismal USDA data

The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, Ill. It had […] Read more