Markets
The American dollar has gained ground on most of the world’s other currencies, a situation that hurts its ability to export crops, which in turn puts downward pressure on crop futures prices. It is a two-edged sword for Canadian crop exporters. It could give Canadian exports a competitive advantage, but it also drives up the […] Read more
Markets
Canaryseed producers optimistic about 2024
Producers haven’t been contracting much production, which could mean they are anticipating higher prices this year
Glacier FarmMedia – WINNIPEG — Despite declines in production and exports during the current year, canaryseed may bounce back in 2024-25. David Nobbs, chair of the Canary Seed Development Commission of Saskatchewan and pulse merchant for Purely Canada Foods, said exports are on pace for 110,000 to 120,000 tonnes in 2023-24, compared to 150,000 to […] Read moreCanfax 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. Spring rally continues Alberta fed prices continued their spring rally. Last week, fed steers and heifers traded […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $67.09 April 19. It was not available April 12. U.S. hogs averaged $88.49 on a carcass basis April 19, up from $86.60 April 12. The U.S. pork cutout was $100.09 per hundredweight April 19, down from $101.20 April 12. The estimated U.S. weekly […] Read more
EU aims to sell more food to China
SHANGHAI, China (Reuters) — On a visit to China this week, European Union Agriculture Commissioner Janusz Wojciechowski said his focus will be on increasing agri-food exports to the world’s second largest economy and keeping food above the fray of rising tensions in China-EU trade. “In the food trade, there are no barriers for Chinese imports,” […] Read more
Turkey, Russia to remain strong players in durum market
SASKATOON — A country that emerged as a surprise competitor to Canadian durum growers last year will likely be at it again in 2024-25. The U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) is forecasting that Turkey will produce 4.4 million tonnes of the crop, a 10 percent increase over last year. Related stories: Adequate […] Read more
Plentiful barley supplies may pressure prices
SASKATOON — Canadian barley supplies are likely to be burdensome in 2024-25, according to a market outlook published by the Saskatchewan Barley Development Commission. Supplies are forecast to be in the range of 10.7 to 11.7 million tonnes. Related stories: “This is well above the 2023-24 supplies at 9.65 million tonnes and the five-year average […] Read more
Delicious pork at odds with outdated cooking instructions
The pork was sweet and succulent. It made three teenagers and a spouse happy, was easy to cook, and provided lots of leftovers — all for $21. This particular product, which came in four-packs for $7 each of “pork loin centre-cut chops” prepared in a Montreal steak spice sauce, came from my local Wal Mart. […] Read more
Renewable natural gas a new market for damaged grain
Renewable natural gas is among the newest low- or no-carbon fuels made from agricultural products that are generating attention from power utilities, investors and governments. Actually, capturing and using methane, or biogas, produced from anaerobic digestion in livestock manure ponds has been around for a long time in Europe and developing countries In the early […] Read more
VIDEO: Hog producers face challenges in the upcoming year
Changing diseases, new rules in export markets and relatively high feedgrain prices create headwinds for the industry
Hog producers are hunkered down for a tough year as reduced margins combine with trade chaos to create a cloudy outlook. Yet beneath those stormy skies, hog farms continue to invest in open housing systems. They are building new barns, successfully tackling tough disease issues and setting bold targets for further improvements. That was the message as the province’s […] Read more
