Markets
WINNIPEG — Canadian beekeepers have a problem in Japan. A percentage of Canadian honey contains trace amounts of quinclorac, a herbicide used to control cleavers in canola. Related story: Honey obtains halal certification Japanese buyers have adopted a stringent residue limit for quinclorac in honey of 0.01 parts per million. As a result, less product […] Read more
Markets
Canada-U.K. free trade talks remain comatose
Upcoming election in the United Kingdom may explain why little short-term hope remains on the trade agreement front
WINNIPEG — One year ago, British Prime Minister Rishi Sunak published an open letter to farmers in his country. The letter, released May 16, 2023, focused on agricultural trade and British government priorities for future free trade deals. Sunak listed six principles, which he says will protect and assist British farmers. Principle No. 4 was […] Read more
Pork market strong despite weak U.S. futures
Glacier FarmMedia – Fears over avian flu spreading to pigs in the United States and greater hog slaughter are causing lean hog prices at the Chicago Mercantile Exchange to fall to three-month lows, according to a livestock economist. “There are unknowns if (avian flu) would be found in U.S. meat. I think that did scare […] Read more
Feds bungle announcement of new chief commissioner
It could have been a demonstration of respect for farmers, the celebration of an institution sworn to protect farmers, an acknowledgement that farm reality happens outside the Nepean sandstone walls and marble hallways of the national and provincial capitals. It would have been great to see it announced at a farm conference this winter, or […] Read more
Canola exports need strong finish to reach forecast goal
Canola exports in the week ending May 12 finally showed life, with 322,800 tonnes shipped, the most in a single week this year, according to Canadian Grain Commission figures. Exports of the oilseed will need additional strong showings in the remaining 11 weeks of the crop year to avoid falling short of the forecast for […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed market strengthens The Alberta fed market was active, and for the first time this year sold […] Read more
WP livestock report
The U.S. national live price average for barrows and gilts May 17 was $67.60. It was $69.17 May 10. U.S. hogs averaged $88.57 on a carcass basis May 10, up from $88.41 May 10. The U.S. pork cutout was $100.85 per hundredweight May 17, up from $99.77 May 10. The estimated U.S. weekly slaughter to […] Read more
Canadian durum looks good but troubles lurk elsewhere
All eyes are on crop conditions in Turkey, which has turned into a powerhouse recently in the global durum market
SASKATOON — Canada’s durum crop is off to a good start, but there are problems in many other regions, says an analyst. Farmers in southwestern Saskatchewan and southeastern Alberta received much-needed rainfall this spring. Related stories: “They think this is the best start they’ve had in five or six years,” said Neil Townsend, chief analyst […] Read more
U.S. wheat acres stop downward slide
American production has been falling for the last 40 years but it's not certain that this has benefited Canadian growers
SASKATOON — The freefall in U.S. wheat acres appears to have bottomed out. Farmers in that country are expected to plant 47.5 million acres of the crop this year, which is where acres have been since 2017. Related stories: However, it is a far cry from the peak of 88.25 million acres achieved in 1981. […] Read more
GM wheat seed sales begin in Argentina
NEW YORK, (Reuters) — Bioceres Crop Solutions has begun sales of genetically modified wheat seeds in Argentina, the first time the technology has been commercially available to farmers anywhere in the world. After years of tests followed by planting under pilot agreements between Bioceres and a small number of farmers, the company has started distributing […] Read more
