Activity at the Chicago Board of Trade during the last week of November was slowing down as traders moved to the sidelines ahead of the U.S. Thanksgiving holiday, with attention expected to focus on trade talks when activity picks up in December. | File photo

CBOT soybeans/corn stuck waiting on trade news

Winnipeg (MarketsFarm) – Soybean and corn futures at the Chicago Board of Trade remain in a holding pattern, waiting for concrete news on ongoing negotiations between the United States and China. Activity during the last week of November was slowing down as traders moved to the sidelines ahead of the U.S. Thanksgiving holiday, with attention […] Read more

A tentative deal has been reached to end a strike between Teamsters Canada and Canadian National Railway. | File photo

CN, union reach deal to end strike

MONTREAL (Reuters) — Teamsters Canada and Canadian National Railway say they reached a tentative deal to end a strike at the country’s largest railroad that had entered its eighth day, disrupting supply chains across the country. “We have a deal,” a CN spokesman said. The union said normal operations will resume tomorrow morning across Canada. […] Read more

Prices in southern Alberta are about $200 per tonne. That is down from the summer peak of $290 per tonne, which was expected because this is the post-harvest low period. However, it is well above the $170 per tonne that feed barley was selling for this time two years ago.
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Strong feed barley exports lift price

The new CPTPP trade deal and production troubles in Australia help prices in Western Canada buck a global trend

Feed barley prices are holding up nicely in Western Canada despite a global glut of the crop, say industry officials. Prices in southern Alberta are about $200 per tonne. That is down from the summer peak of $290 per tonne, which was expected because this is the post-harvest low period. However, it is well above […] Read more


The U.S. Department of Agriculture predicts 94 million tonnes of world soybean ending stocks, which one analyst says is far too low.  |  File photo

Analyst sounds alarm over soybean carryout estimate

USDA accused of overestimating soymeal demand in China, which when eventually corrected could lower oilseed prices

Soybeans and related oilseeds could eventually be in for a big downward price adjustment because of an accounting error, says an industry analyst. Arlan Suderman, chief commodities economist with INTL FCStone, believes the U.S. Department of Agriculture’s world ending stocks estimate for the crop is way too low. The USDA is forecasting 95 million tonnes […] Read more

An increase in demand for plant protein burgers, such as this McDonald’s PLT burger with a Beyond Meat plant-based patty, is prompting food manufacturers to move into the market, but some Canadian businesses are doing so in the United States.  |  REUTERS/Moe Doiron photo

Bold action needed to revive food processing sector

Excitement rippled through Western Canada’s agricultural industry in recent years as pulse processing plants were announced and construction proceeded. But when it comes to high-value product manufacturing using pulse protein, such as veggie burgers, the investment has been mostly in the United States. This could be a further example of how Canada’s business, regulatory and […] Read more


Western Producer reporter Ed White conducted a poll on Twitter last week asking farmers why they often ignore expert advice.  |  Twitter/@edwhitemarkets photo

Farmers have many reasons for ignoring expert advice

Why do farmers often ignore expert advice? That’s a question that buzzes around in many experts’ minds as they spend years and decades urging farmers to follow various types of well-informed, well-grounded advice and then see farmers generally not follow that advice. You hear it occasionally in crop marketing and hedging circles, where advisers and […] Read more

China’s vegetable oil stocks on the decline

The significant decrease could help canola prices, but analysts warn producers not to expect too big of a jump

Rapidly declining vegetable oil stocks in China could eventually lead to a canola rally but don’t expect a big price pop, say analysts. The United States Department of Agriculture is forecasting 1.46 million tonnes of rapeseed, soybean and palm oil stocks in China at the end of 2019-20. That would be a 69 percent reduction […] Read more

Analysts are also forecasting 31.12 million acres of U.S. winter wheat, a slight drop from last year’s 31.16 million acres, which would be the smallest crop in 110 years.  |  REUTERS/Jim Young photo

Black Sea wheat crop faces potential problems

Grain markets are warned to pay close attention to the questionable start to the 2019-20 crop in Russia and Ukraine

There are mixed reports on the condition of this year’s Black Sea winter wheat crop. “The soils in parts of Russia and Ukraine have been really fairly dry in the planting season,” said Bruce Burnett, analyst with MarketsFarm. That is causing concern over crop establishment in the premier winter wheat growing region of the world. […] Read more


WP livestock report

Hogs The U.S. national live price average for barrows and gilts was $34.35 per cwt. Nov. 15, down from $36.69 Nov. 8. U.S. hogs averaged $42.73 on a carcass basis Nov. 15, down from $44.85 Nov. 8. The U.S. pork cutout was $88.13 per cwt. Nov. 15, up from $82.67 Nov. 8. The estimated U.S. […] 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. Feds sent south Active Alberta cash trade was reported last week, and average prices surged over $4 […] Read more