Markets
Russia has been slowing the pace of Ukrainian grain exports allowed under an agreement that expires later this month
Ukraine’s spring seeding is underway and the pace of corn and barley planting is below previous years because of persistent rains, the loss of some territory to Russia and the lingering uncertainty over exports.
Markets
Water management is another form of risk management
With climate change, the potential and need for water management has grown dramatically, but we’re still a long way away from making most of these water management and risk reduction potentials a reality.
Worry about recession weighs down commodity markets
It seems markets have got into a funk worrying about the potential for a recession and are betting that demand for commodities, including crops, will be restrained. Crop markets have also replaced the panic caused by Russia invading Ukraine with a more calm assessment. Prices for most major crops have returned to levels similar to […] Read more
Mustard acres expected to increase this year
Analysts say the market could experience over-supply problems if the anticipated acreage produces even an average crop
Scott Cunningham, general manager of Schlüter & Maack Canada, thinks a safer bet is around 600,000 acres, which is still a healthy increase over last year’s 555,000 acres.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 sizzles The western Canadian fed market has exceeded expectations as prices continue to set new […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $54.70 May 5. It was not available for April 28. U.S. hogs averaged $70.89 on a carcass basis May 5, down from $$71.67 April 28. The U.S. pork cutout was $81.87 per hundredweight May 5, up from $81.32 April 28. The estimated U.S. […] Read more
U.S. Plains farmers brace for historically poor winter wheat harvest
CHICAGO (Reuters) – Production prospects for the U.S. winter wheat crop are the worst in recent memory in core areas of the Great Plains following a three-year drought, farmers and crop experts said. “I don’t know how to put it into words how bad it is,” said farmer Gary Millershaski in southwest Kansas, among the […] Read more
Ukrainian grain corridor remains uncertain
The biggest factor affecting grain markets today is the uncertainty surrounding Ukraine’s grain corridor, says an analyst. The United Nations-brokered Black Sea Grain Initiative expires May 18 and there are mounting concerns it may not be renewed. Even under the current agreement, the corridor is not being used to its full capabilities, because of Russia […] Read more
Mustard acres expected to increase this year
Topsoil conditions are the best they have been in for four or five years in many the traditional mustard growing areas of Saskatchewan and Alberta.
Canada fills Ukrainian grain gap
Exporters rediscover customers in Asia for Canadian wheat as Ukraine’s grain exports are reduced by ‘difficult logistics’
Ukraine exported 8.4 million tonnes of wheat through the first half of 2022-23 versus 15.9 million tonnes for the same period one year ago, according to an analysis by Christina Serebryakova, head of analytics at Atria Brokers.
