Markets
We are into harvest in North America and so it is not unusual for crop prices to weaken as deliveries from the combine increase. The question is: are these the seasonal lows and will prices firm into autumn, or could prices fall? There are no issues I see that will force changes to the current […] Read more
Markets
From politicians, sometimes silence is golden
When it comes to markets, sometimes it’s good when politicians talk. And sometimes it’s good when they keep their traps shut. Often it’s best when one says the right things and everybody else shuts up. We’ve seen examples of this recently, with our leaders saying the right things about international trade and the wrong things […] Read more
Who won dairy dispute? Depends on who you ask
The dispute settlement panel for the CPTPP recently ruled on how Canada manages its Tariff Rate Quotas
The Dairy Farmers of Canada and the Government of Canada have different takes on a recent decision regarding dairy imports. The Dairy Farmers says it’s a disappointment. The feds say it’s a win for Canada’s dairy industry. Earlier in September, the dispute settlement panel for the Comprehensive and Progressive Trans-Pacific Partnership ruled on how Canada […] Read moreWP livestock report
Hogs The U.S. national live price average for barrows and gilts Sep 8 was $58.43; on Aug 31 was $52.94. U.S. hogs averaged was $79.14 on a carcass basis Sep 8, It was not available on Aug 31. The U.S. pork cutout was $97.80 per hundred weight Sep 8, up from $92.22 on Aug 31. […] 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. Fed prices steady Canadian fed prices have trended mostly steady over the past month, averaging in the […] Read more
World food price index back at two-year low despite rice surge – FAO
PARIS, France (Reuters) — The United Nations food agency’s world price index fell in August to a new two-year low, reversing a rebound seen the previous month, as a decline in most food commodities offset increases for rice and sugar. The Food and Agriculture Organization’s price index, which tracks the most globally traded food commodities, […] Read more
Just say ‘no’ to Britain
Red meat groups push Ottawa to keep U.K. out of trade deal
Canada’s beef and red meat industry is asking the public for help to prevent the United Kingdom from joining a trade deal. The Canadian Cattle Association, Canadian Meat Council and National Cattle Feeders’ Association launched a campaign Sept. 12 called Say No To a Bad Deal. Their goal is to pressure the federal government so […] Read more
Strong world wheat demand expected
A robust export program could be in the cards for Canadian farmers as the European Union faces serious quality problems
North America’s spring wheat could be in high demand this year due to crop quality problems overseas. “There is going to be a good market for solid CWRS (Canadian Western red spring) 13, 14 and even 15 (percent protein),” said Neil Townsend, chief analyst with GrainFox. He has heard about serious quality problems in the […] Read more
Ukraine expected to harvest record canola crop
The big harvest is likely to translate into a strong export program with much of the crop destined for European markets
Ukraine is harvesting what analysts expect will be a record crop of canola. Svitlana Kupreeva, oilseed market analyst with UkrAgroConsult, said farmers planted record acreage of the crop and final yields should also set a new high. The firm is forecasting 4.2 million tonnes of production, shattering last year’s record of 3.5 million tonnes. Kupreeva […] Read more
India’s food inflation battle brightens pea, lentil outlook
Mike Jubinville is bullish peas and lentils despite what he believes is an underestimated Canadian crop. “I don’t feel farmers need to be in an aggressive stance of doing sales right now,” said the MarketsFarm analyst. India has had a disappointing monsoon season. The government has placed export restrictions on rice and wheat, and pulse […] Read more
