Markets
As India grows, could it take over from China as the leading importer of crops and meat?
Markets
Eggs are a good example of catering to consumer demand
Eggs offer a stunning plethora of choices for consumers while still offering one of the cheapest, nutrient-rich proteins. Eggs aren’t just eggs anymore.
Flax area expected to be smallest since 1950
Statistics Canada expects 689,000 acres of the crop will be planted this spring, an 11.6 percent drop from a year earlier
Greg Sundquist, chair of the Saskatchewan Flax Development Commission (SaskFlax), said flax is disease resistant compared to canola, as well as cheaper to grow and can be quite profitable. He said the lack of flax acres will become a temporary setback.
‘Verdict is still out’ on lentil prices this season
Marlene Boersch, managing partner with Mercantile Consulting Ventures, said she would be reluctant to pencil in anything other than average yields for Canada, because it is far too early to forecast a bumper crop.
Credit agency monitors grain shipments
In a commentary released May 17, DBRS Morningstar said it didn't believe the current fires would disrupt movement too much.
U.S. EPA finalizes biofuel blending mandate
Under the December proposal, oil refiners would be required to add 20.82 billion gallons of biofuels to their fuel in 2023, 21.87 billion gallons in 2024, and 22.68 billion gallons in 2025.
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 firm Alberta direct cattle sales saw moderate volume trade last week, with prices steady to […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts May 12 was $59.05, up from $54.70 May 5. U.S. hogs averaged $74.36 on a carcass basis May 12, up from $70.89 May 5. The U.S. pork cutout was $83.41 per hundredweight May 12, up from $81.87 May 5. The estimated U.S. weekly slaughter […] Read more
Russian wheat exports set torrid pace this year
Sergiy Kyslytsya, Ukraine's permanent representative to the United Nations, recently told a meeting of the UN Security Council that Russia is blackmailing the world by disrupting the Black Sea Grain Initiative and pretending to suffer from its existence, while in fact its grain exports are soaring.
High oleic soybeans come to Canada
Sevita plans to release more high-oleic varieties in the future to take advantage of the massive global market for vegetable oils.
