Markets
June promises to be momentous for the oilseed market, including canola, and for the future of bio-based diesel and aviation fuel as American lawmakers make several important decisions. The U.S. Environmental Protection Agency last week sent to the White House its final rule regulating biofuel blending for 2023-25. The first public release of the EPA’s […] Read more
Markets
Customer satisfaction: some folks get it and others don’t
Farmers realize they rely upon their customers. They might complain and fret, but they’re unlikely to offend and outrage their buyers, despite the pressure.
High oleic soybean varieties arrive in Canada
New non-GM variety is suited for Ontario and Quebec, but food grade varieties also in the pipeline for Western Canada
“High-oleic soybeans offer an oil profile that is comparable to olive or canola oils. It is considered to have greater oxidative stability, compared to standard soybean oil, resulting in extended shelf life of food products…. (It) has less saturated fat than commodity soybean oil,” Sevita said in a news release.WP livestock report
Hogs The U.S. national live price average for barrows and gilts May 18 was $64.12; on May 12 was $59.05. U.S. hogs averaged $78.98 on a carcass basis May 18, up from $70.89 May 12. The U.S. pork cutout was $83.73 per hundred weight May 18, up from $83.41 May 12. The estimated U.S. weekly […] 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 market remains strong The western Canadian fed market still has wind in its sails but this […] Read more
Brazil’s bin-busting corn crop poised to drive down prices
This will be a momentous year in the corn market, says analyst Todd Hultman. Brazil is poised to export 53 million tonnes of the crop in 2022-23, compared to 45 million tonnes for the United States. “They are easily passing us on the export total, and that’s the first time in history we have seen […] Read more
U.S. corn producers could face hot, dry summer
Arlan Suderman, chief commodities economist with StoneX, said the models could be wrong, but any time there is consensus like that among two major forecasters it is unwise to bet against them.
Italy hungry for Canadian durum
Leif Carlson, director of market intelligence and trade policy with Cereals Canada, said the world’s biggest pasta exporter chews through a lot of the grain every year. Italy’s durum production dropped last year, while Canada had a big rebound in production, so it was the perfect match.
Corn prices fall as supplies expected to increase
Some believe ending stocks will soar to 67 million tonnes by the end of 2023-24, up from 35.98 million tonnes this year
Arlan Suderman, chief commodities economist with StoneX, believes ending stocks will soar to 67 million tonnes by the end of 2023-24, up from 35.98 million tonnes this year.
Territorial changes complicate Ukrainian crop estimates
Production comparisons to previous years must decide if crops in Russian-occupied territory are in Ukraine or Russia
Are the crops in Russian-occupied territories of Ukraine considered the domain of Ukraine or Russia?
