Depending on whom one has spoken with, there are differing views as to grain exports to China other than canola. | File photo

Views differ on exports to China other than canola

WINNIPEG – Depending on whom one has spoken with, there are differing views as to grain exports to China other than canola. The federal government stated there have been no export issues outside of canola. “The current actions taken by China are limited to canola seed, and we have not received any indication of broader […] Read more

A vendor with a pane of vegetable rolls and samosas, a traditional snack, walks past the sacks of grain and lentils at wholesale market in Karachi, Pakistan, April 2. It once bought 15 percent as much of Canadian pulses as India, now it buys 50 percent due to its neighbour’s reduced purchases. | REUTERS/Akhtar Soomro photo

India remains top lentil customer

High domestic prices in the Asian country mean foreign purchases can make sense even with 33 percent duties

Who was the top importer of Canadian lentils through the first half of the 2018-19 marketing campaign? Was it the United Arab Emirates? Nope. How about Egypt? Wrong again. It was India. You know, the country that has a 33 percent import duty on Canadian lentils. Despite that duty, India purchased 195,000 tonnes of lentils […] Read more

Market observers estimate that it will be five to seven years before China can rebuild its hog herd and restore the traditional import balance.  |  Reuters photo

African swine fever to upend markets

China is expected to import far fewer soybeans in the future as the pork sector declines and purchase much more meat

African swine fever will “shake up the basket” of global agricultural trade for years to come, says an industry analyst. Arlan Suderman, chief commodities analyst with INTL FCStone, said his contacts in China tell him hog feeding is down 40 percent. The contacts include INTL FCStone staff on the ground as well as Chinese feed […] Read more

Farmers shouldn’t worry about thinking strategically when marketing their canola this year until they price at least some of their crop.  |  File photo

Timing is tough when marketing around a trade dispute

A farmer who gets the timing right on the end of the China-Canada canola dispute could make a lot of money. After all, any resolution of the lingering and worsening crisis could see canola prices pop dozens of dollars per tonne, rising a couple of bucks a bushel. When China began shutting off its market […] Read more

Canada’s proposed Clean Fuel Standard is considered to be a major way that biodiesel demand could be expanded in Canada.  |  File photo

Biodiesel sector offers to take more canola

The renewable fuel industry says a stronger domestic market would ease challenges caused by export volatility

China’s canola export ban helps make the case for expanding consumption of domestically produced biodiesel and there are plenty of opportunities to do so, says an advocate of the alternative fuel. “The current situation underlines, unfortunately in a rather acute way, the benefits of a domestic biofuel industry that isn’t at risk from trade action,” […] Read more

Strong feeding sector helps push down barley stocks

Canadian barley carryout is forecast to be the lowest in six decades. Agriculture Canada estimates 900,000 tonnes of carryout. Index Mundi has charted ending stocks going back to 1960 and they have never been lower. Neil Townsend, senior market analyst with FarmLink Marketing Solutions, said the low stocks are the result of a combination of […] Read more

Prairie producers need wider range of profitable crops

Our trade troubles with China and India highlight the need not only to diversify markets but to also diversify the prairie portfolio of profitable crops. Canola is celebrated as the bill payer in Western Canada, the one major crop that usually generates a healthy profit while others are grown only as a necessary part of […] 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 Alberta fed cattle traded steady for the week of April 1, and dressed sales were equal to […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$58.62 per hundredweight April 5, up from $55.34 March 29. U.S. hogs averaged $75.79 on a carcass basis April 5, up from $74.89 March 29. The U.S. pork cutout was $81.84 per cwt. April 5, up from $81.33 March 29. The estimated U.S. […] Read more