Farmers will often appear to have few stocks until the price rises.  |  Michael Raine photo

Canaryseed stocks annually unpredictable

MONTREAL — If anybody wants to enjoy a mystery in the western Canadian grain business, look no further than canaryseed stocks. No one ever really knows how much is out there. “The actual supply is a perpetual mystery,” said Neil Townsend of Farmlink Marketing in a market outlook presentation during the Pulse and Special Crops […] Read more

The Canadian dollar fell about two cents this week.

Cdn dollar likely to remain stable: RBC Capital analyst

Winnipeg (MarketsFarm) – The Canadian dollar remains within a relatively stable range despite uncertainty in the global financial markets. “Even though there’s been a lot happening globally… the (Canadian) currency itself has been very well behaved,” said Mark Chandler, head of Canadian fixed income and currency strategy at RBC Capital Markets. “It’s been trapped in […] 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 Pressure on fed Fed cattle prices have been under extra pressure since the fire at a major […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was US$44.39 per cwt. Aug 30, down from $48.98 Aug 23. U.S. hogs averaged $55.78 on a carcass basis Aug 30, down from $64.55 Aug 23. The U.S. pork cutout was $72.31 per cwt. Aug 30, down from $79.65 Aug 23. The estimated U.S. […] Read more

Customers buy pulses at a wholesale market in Kolkata, India. Many observers believe recent Indian government policy that has restricted Canadian pulse access to the Asian country is based on a sincere desire to improve the nutritional quality of its poorer citizens’ diets.  |  REUTERS/Parth Sanyal

Pulse sector optimistic about India

Access to the Asian giant’s market is still restricted, but exporters say they are starting to notice a softening in tone

MONTREAL — The Canadian pulse industry is feeling better about the situation with India. Not much of substance has changed, but the tone has improved, pulse players were saying during the Pulse and Special Crops Convention held Aug. 21-22. “They’ve opened the door to us,” Cindy Brown, president of the Global Pulse Confederation, said in […] Read more

Many prairie farmers will face harvest challenges this year because parts of their crops are fully mature well before other parts of the crop are done.  |  Jeannette Greaves photo

Crop development variability causes harvest challenges

MONTREAL — Many western Canadian crops look great. But many are late and some have a wide range of maturities, as this summer’s mixed bag of weather conditions delayed and mixed up crop development. “Most people (in my area) are saying the crops are at least a nine out of 10,” said Allison Ammeter, a […] Read more

Sylvain Charlebois of Dalhousie University, left, Chris Marinangeli of Pulse Canada and Samara Foisy of Loblaws talk about the booming popularity of plant-based protein during the recent Pulse and Special Crops Convention in Montreal.  |  Ed White photo

Plant-based protein not a fad, say analysts

Food that mimics the taste and texture of meat has exploded in popularity in grocery stores and fast-food chains

MONTREAL — The stunning growth in the plant-based protein market isn’t ending any time soon. That was the message of two food industry experts who told the Pulse and Special Crops Convention that pulses are experiencing a food phenomenon that is reaching throughout the developed world. “Why not plant-based?” said Samara Foisy, director of product […] Read more

Comfortable supplies in the last year have sent wheat prices sliding, but late crops in Canada and the United States face an autumn that might be cooler than normal, raising the risk of frost damage.  |   REUTERS/Dan Koeck photo

Global wheat production recovers but frost is a danger

Weak canola prices caused by the trade problems with China dominate market headlines, but wheat values in percentage terms have fallen further compared to this time last year. Cash prices in Canada for canola are down eight to nine percent compared to the same point a year ago but hard red spring wheat is down […] Read more

The U.S.-China trade war is getting the most attention these days, but Stefane Marion of the National Bank of Canada says the free trade environment of the last 20 years is under threat around the world.  |  Reuters/Ng Han Guan photo

Trade disputes called threat to global economy

MONTREAL — Hearing all the grim talk about slowing global growth and seeing alarming signs from the bond market, it’s understandable that many believe the world is fated to fall into recession soon, acknowledges the chief economist of National Bank of Canada. But unless some wild cards get played, the actual chances of a nearby recession […] Read more

World corn production will rise from the new crop, 2019/20, says the ICG.  |  Michael Raine photo

IGC raises forecast for world corn production

LONDON (Reuters) – The International Grains Council (IGC) on Thursday raised its forecast for global corn production in the 2019/2020 season, mainly reflecting an improved outlook for the U.S. crop. In its monthly update, the inter-governmental body increased its global corn crop forecast by 8 million tonnes to 1.1 billion tonnes. The U.S. crop was […] Read more