wheat field in St. Andrews, Manitoba in 2018

USDA’s Canadian wheat carryout much lower

No matter the estimate, whether from Canada or the U.S., it is still a significant increase over last year’s ending stocks

USDA is forecasting a much Canadian wheat carryout than Agriculture Canada is predicting.





wheat

U.S. wheat sales to Indonesia about to rise significantly

Canada’s second-biggest wheat customer locks in to buy two million tonnes of U.S. wheat per year for five years

U.S. wheat sales to Indonesia are set to rise following a trade agreement between the two countries, but not necessarily at the expense of Canadian wheat.


Photo: Kat72/Getty Images Plus

Klassen: Feeder market remains firm

For the week ending February 21, Western Canadian markets for yearlings or backgrounded cattle traded steady to $10/cwt higher. The calf market was mixed with values quoted $5 higher to $10/cwt lower. Feedlot margins appear to be improving in the short-term which supported the yearling market. Extremely cold temperatures across most of Alberta may have […] Read more