Traders work on the floor of the New York Stock Exchange Oct. 24. It’s too early to know if the recent drop in the stock market will boost farm commodities, but the U.S.-China trade war is dragging all sectors down. |  REUTERS/Brendan McDermid photo

Equity selloff unlikely to help agricultural commodities

Stock markets tumbled sharply over the last few weeks as traders took profits from the run up earlier this year and positioned themselves for the possibility of weaker economic growth and corporate profits in coming months. Some market theorists believe that when money comes out of equities it sometimes flows into commodities as investors look […] Read more

A farm crisis in India is being blamed on government mishandling of its minimum support price program.  |  REUTERS/Danish Ismai photo

India’s pricing threatens imports

There is a crisis brewing in rural India, and that doesn’t bode well for a resumption of pulse trade to that country, says an Indian broker. Vivek Agrawal, director of JLV Agro, an Indian commodity brokerage firm, said pulse markets have been stagnant and there is a danger of them heading down. “The fear is […] 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. Feeder trade lower Over the past three weeks, calf prices have traded lower than last year. Weekly […] Read more


WP livestock report

Lambs Ontario Stockyards Inc. reported that 1,116 sheep and lambs and 53 goats sold Oct. 22. Light lambs sold steady. Heavy type lambs sold barely steady to $10 cwt. lower. Good sheep traded $5-$10 cwt. higher. Goats traded barely steady. Beaver Hill Auction in Tofield, Alta., reported that 1,325 sheep and 430 goats sold Oct. […] Read more

Canola contracts hit yearly lows at market close on Oct. 31. The January contract closed at C$486 per tonne, dropping more than C$2 during the day. It had been falling in value daily over the previous days. | Robin Booker photo

ICE canola could go lower still

It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the tad negative side,” said Keith Ferley of RBC […] Read more


Global lentil production is expected to rise, but demand is also increasing.  |  File photo

Some optimism for peas, lentils not invited for the ride

Lentil growers hoping to see a light at the end of the current tunnel of low prices and restricted markets will likely be disappointed for some time. However, farmers with peas might see better market conditions over the course of the shipping year because of the United States-China trade war. “For our purposes, when we […] Read more

Total wheat and coarse grain production globally is projected to fall for a second year with a smaller 2018-19 crop, according to the International Grains Council. While corn and sorghum have risen, they are outweighed by other grain declines. Wheat production is expected to fall by 41 million tonnes year over year and barley will see its smallest harvest in six seasons. Global consumption for all purposes is set to reach a new high of 2,136 million tonnes, up 29 million tonnes over last season. World carryout stocks are predicted to contract for a second year in a row, 64 million tonnes down from last year, to a four-year low of 544 million tonnes. Chinese inventory reductions form half of that fall.

Canola not flying to China

China’s soybean spat with the United States will not result in a huge increase in Canadian canola sales to the Asian country, says a trader of the crop. “You can’t really increase exports to China anything dramatically because you still have to be a registered crush plant there,” said Glen Pownall, managing director of Peter […] Read more

A study that says climate change could double the price of beer is based on predictions that barley yields could fall three to 17 percent, but the minuscule amount of barley in a bottle of beer is worth only a few pennies.  |  Getty Images

Climate change and beer study sends wrong message

Reports on a study that says climate change could cause beer prices to double have been all over the news, science programs and late night comedy shows. Few things related to food grab people’s attention more than beer, except maybe bacon. With all the craft brewers around these days it’s easy for reporters to find […] Read more


Oilseed market may spike in November

Canadian oilseed growers might want to circle Nov. 6 on their calendars, says an analyst. That is the date when the United States will have its midterm elections, in which voters will elect members of the House of Representatives and the Senate. Actually, it is the three-week period between the U.S. midterms and the G20 […] Read more

Financial crisis of 2008 helped test market theories

Editor’s note: This is the sixth of a series of columns looking at the lessons learned from the financial crisis of 2008. The 2008-09 financial crisis was a disaster for tens of millions of people around the world, destroying jobs, savings and dreams. Many have not recovered from the damage it dealt. Some never will. […] Read more