Markets
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. Good fed demand Alberta direct cattle sales saw moderate volume cash trade last week, with dressed prices […] Read more
Markets
Canfax report
Canola, wheat big winners in seeding report
Lentils might be the biggest surprise, plunging to 3.67 million acres, a 7.7 percent drop from March expectations and well below the lowest trade forecast. It is the smallest lentil acreage since 2014.
Argentine bean crop suffers amid fourth year of drought
Production losses could be severe for one of Canada’s main competitors as a lack of rain and potential frost risk threaten crops.
Canada imports high levels of grain from U.S.
Imports are down 29 percent from last year through the first eight months of 2022-23, but they remain at high levels.
New tool to track wheat progress
Cereals Canada has a new tool to help customers keep track of what is happening with Canada’s wheat crop. The Growing Season Progress Report published on the organization’s website provides buyers with timely updates on the 2023 crop. “We encourage you to check back every couple weeks to see how Canada’s wheat crop is growing,” […] Read more
Sunflower acres down; demand strong
John Sandbakken, executive director of the National Sunflower Association, said U.S. sunflower production jumped last year because of the war in Ukraine. Russia and Ukraine are major producers of sunflowers and the war pushed prices through the roof in the spring of 2022.
U.S. corn crop hits headwinds as dry conditions persist
Observers say the crop looks in rough shape with emergence issues and ‘spotty stands’ despite being planted on time
James Mintert, director of the Center for Commercial Agriculture at Purdue University, said most farmers planted the crop in a timely manner, but it doesn’t look that way. He was struck by how late some of the corn looked on a recent crop tour of Indiana.
Spread grows between producer, retail prices
Data shows the cattle producer’s share of the retail beef dollar has dropped from 64 percent in 1970 to 41 percent in 2022
The overarching goals of the ongoing project are to trace beef pricing throughout the supply chain, increase transparency for ranchers’ benefit, provide data to boost advocacy and “ensure that the proportion of the beef dollar that ranchers receive increases from year to year and does not shrink.”
Borders are significant — in both good and bad ways
Borders matter. They can work well. When they’re used like they are at Emerson-Pembina to limit the spread of disease, dangerous people and illegal goods, they can help trade flourish. But when they’re used to chop up trade and business, they can become a human-made nightmare.
Good ’22 crop leaves Canada rolling in potatoes
Another strong season expected because of high seeded acres and nearly ideal planting conditions in country’s spud regions
Last year, potato growers across Canada produced an average yield of 322 hundredweight per acre, the highest on record. Seeded acres were also the highest since 2007, so Canada produced a massive crop in 2022.
