Markets
Hogs The U.S. national live price average for barrows and gilts was not available June 9 and June 16. U.S. hogs averaged $85.17 on a carcass basis June 16, down from $85.52 June 9. The U.S. pork cutout was $92.33 per hundredweight June 16, up from $88.39 June 9. The estimated U.S. weekly slaughter to […] Read more
Markets
WP livestock report
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. Bullish fed market The story has been the same for the past month, with higher prices and […] Read more
Sustainable aviation fuel plant proposed for Manitoba
Douglas Cole, who worked in the oil and gas industry for decades before founding True North in 2017, said producing sustainable aviation fuel in Manitoba will help create a "Made in Canada" solution to carbon emissions.
EPA’s renewable fuel rule called ‘missed opportunity’
Clean fuel producers, oilseed processors, fuel distributors and marketers have all made significant investments to grow the industry rapidly over the next several years. "The volumes EPA finalized today are not high enough to support those goals," said Kurt Kovarik, vice president of federal affairs with Clean Fuels Alliance America.
Dryness puts Alta. crops behind the eight ball
Derek Squair, president of Exceed Grain Marketing, recently completed an extensive crop tour of the province. Squair said it is too early to be making any average yield forecasts because conditions can change in a hurry. He will have a much better idea where things are heading by mid-July.
Russian pea export threat takes shape
Stiff competition is expected to put downward pressure on Canadian prices, especially with a huge crop in the works
Canada used to have a stranglehold on the Chinese market, up to and including this year. But that changed when Russia and China signed a phytosanitary agreement in December 2022, paving the way for Russian peas to make inroads into that market.
Canadian canola prices follow European plunge
Imported waste biodiesel is blamed for a significant drop in rapeseed prices in EU, where a benchmark price is often set
Rapeseed oil has become the cheapest of all the vegetable oils in the European Union, which has had an effect on Canadian canola prices. | Reuters/ Valentin Flauraud photo
Strong production, uncertain demand dims lentil outlook
The red lentil market is looking bearish in 2023-24, according to an analyst. Major exporters have big crops on the way and demand could be subsiding in two key markets, said Gaurav Jain, an analyst with AgPulse Analytica. Turkey is expected to import 522,000 tonnes of the crop, down from a whopping 675,000 tonnes this […] Read more
Hog sector urged to help pork loins regain their honour
Turning the consumer from being a buyer who sees pork as cheap and back into one who sees it as yummy and worth paying more for must be the target.
Discounting pork loins is a disgrace. It’s time for pork to regain its honour.
Bison industry expands, becomes mainstream
Industry officials say the sector is starting to recover after struggling with two drought years and the COVID-19 pandemic
The Canadian bison industry has been through difficult times the last few years but is emerging from the doldrums, according to Manitoba Bison Association president Robert Johnson. “Between the two drought years and the COVID-19 pandemic, then high feed prices, probably the last two years have been pretty crappy for bison prices,” he explained. Johnson […] Read more
