Markets
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.
Markets
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.
Corn prices fall as supplies expected to increase
"It looks like we're heading back to the environment where corn supplies are going to be easily available again," said DTN lead analyst Todd Hultman. "Instead of $6 prices, we're going to be looking at prices below $5."
Territorial changes complicate Ukrainian crop estimates
Are the crops in Russian-occupied territories of Ukraine considered the domain of Ukraine or Russia?
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.
EU likely in market for Canadian durum
The European Union expects to grow a below average durum crop this year, but opinions differ about the size of the carryout.
Wheat market’s reaction to U.S. rain baffles grain sector
Industry officials are flummoxed by recent wheat market behaviour. Hard Red Winter Wheat (HRWW) July futures tumbled 16 percent between April 18 and May 2. The freefall was due in part to a two-day rain during the last week of April that delivered up to 100 millimetres of moisture to parts of the southern U.S. […] Read more
