While there’s more to be done, Saskatchewan premier Scott Moe says he’s hopeful trade relations with China can be mended. “I’ll give credit to prime minister Carney for the engagement that he has undertaken,” Moe said in an interview at the recent Ag in Motion farm show near Saskatoon. “Far be it for me to […] Read more
Markets

‘I am hopeful,’ Saskatchewan premier says about Chinese trade
Tariffs, trade top of mind at recent Agriculture in Motion show

Canfax livestock report – July 24
Alberta cow prices have been moving lower over the past month
Alberta cow prices have been moving lower

Manitoba crops still in good shape
Rain ranges from nothing to 41 mm
Manitoba cereals, oilseeds and pulses continue to develop nicely, the province’s latest crop report said.

U.S. grains: Corn, soybeans extend losses as Midwest weather looks crop-friendly
Chicago Board of Trade corn futures extended session losses on Tuesday, weighed down by forecasts for crop-friendly rain in U.S. grain belts this week.

U.S. livestock: Feeder cattle hit fresh peaks on shrinking supplies, strong cash prices
Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.

Saskatchewan, Manitoba sign Arctic Gateway deal
The memorandum of understanding will see the two provinces help support a northern trade corridor
Saskatchewan, Manitoba and Arctic Gateway Group have signed an MOU to strengthen trade through the Port of Churchill.

Pulse Weekly: AAFC revises data for largest pulse crops
Prairie cash prices stand pat
As pulse crops across the country continue to develop, Agriculture and Agri-Food Canada updated its estimates for dry peas and lentils. AAFC issued its July supply and demand report on July 21.

France’s wheat harvest rises 30 per cent but falls short of past average levels, Argus says
This year’s soft wheat crop in France, the European Union’s biggest producer, is expected to rise to 33.40 million metric tons, up 30 per cent from a rain-hit harvest last year, Argus Media said on Tuesday.

Klassen: Lower feed grain prices set to enhance feeder cattle prices
For the week ending July 19, Western Canadian feeder cattle markets were unchanged from the previous week, although volumes were limited.

U.S. livestock: Cattle hit fresh highs, hogs inch upward
Chicago cattle futures hit fresh highs on Monday while hogs made small gains.