Markets
SASKATOON — Growing conditions have improved in parts of North Africa and there should be more help on the way in the new year, says a meteorologist. Much-needed rain fell in northeast Algeria and northern Tunisia during the week ending Nov. 26, a region that had been particularly parched. But the rain missed Morocco, which […] Read more
Markets
Stock dogs show off their skills at Agribition
Stock dogs that are properly trained and used can reduce anxiety levels in cattle so fewer employees are needed
Cattle ranchers and livestock producers had a chance to check out a solution to looming labour shortages while attending Canadian Western Agribition last week. Dogs and their handlers competed at the seventh annual Cattle Dog Futurity and Maturity competitions and the International Stock Dog Trials held Nov. 22. Other Agribition coverage: VIDEO: Simmental, Hereford top […] Read moreWP livestock report
Hogs The U.S. national live price average for barrows and gilts Nov. 27 was $46.49; on Nov. 20 it was $49.78. U.S. hogs averaged $58.85 on a carcass basis Nov. 27, down from $67.01 on Nov. 20. The U.S. pork cutout was $ 88.75 per hundredweight Nov. 27, up from $86.09 on Nov. 20. The […] 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. Lower fed prices Alberta fed prices trended lower last week on waning cash market leverage. The bulk […] Read more
Will India drop pea import restrictions this year?
SASKATOON — Analysts disagree on whether this will be the year that India drops its yellow pea import restrictions. There are some early-season concerns for India’s chickpea and lentil crops. “The acreage will be the same (as last year) but the production will be less because things are not good in India on the climate […] Read more
World-wheat stocks to fall
SASKATOON — A lot of ink has been spilled about wheat production this year but not much has been written about the other side of the ledger. Global wheat consumption is forecast at 804 million tonnes in 2023-24, an increase of nine million tonnes over last year. Meanwhile, production is estimated to have fallen to […] Read more
Feed barley short but prices still fall
Feed barley prices have been drifting lower despite limited supplies of the crop. Agriculture Canada estimated total supply for 2023-24 at 8.75 million tonnes, down 17 percent from the previous year. Yet prices have tumbled by about $100 per tonne since the start of the calendar year. “There are a number of factors which have […] Read more
Canadian peas hold their own despite Russian sales
Trade data confirms what analysts had been forecasting: China is buying a lot of Russian peas. The country imported 427,600 tonnes of Russian product during the first four months of the 2023-24 crop year (July to October). That is just slightly less than the 465,940 tonnes bought from Canada. Russia is swiftly moving into a […] Read more
!["The rapid emergence of Brazil as a [wheat] exporter in Indonesia and other foreign markets has been remarkable," the U.S. Department of Agriculture stated in its recent Grain: World Markets and Trade report. | File photo](https://static.producer.com/wp-content/uploads/2023/11/23111515/wheat-MR_DSC3036-660x420.jpg)
Brazil muscles its way into global wheat market
SASKATOON — Canadian wheat exporters are facing a new competitor in their second biggest market. “The rapid emergence of Brazil as an exporter in Indonesia and other foreign markets has been remarkable,” the U.S. Department of Agriculture said in its recent Grain: World Markets and Trade report. Indonesia bought 2.14 million tonnes of bulk wheat […] Read more
Global crop projections increased
WINNIPEG (MarketsFarm) — The International Grains Council has raised its projections for worldwide wheat, corn and soybean production in 2023-24. The projects include better-than-expected corn yields in the United States and larger Black Sea wheat crops. Total world wheat production in 2023-24 was pegged at 787 million tonnes by the IGC, which would be up […] Read more
