I haven’t logged into Facebook for a month and I feel great.Not only am I avoiding getting pulled into pointless and annoying discussions about all sorts of things, but I’m loving the extra time it’s giving me. I might only spend 15 minutes a day on that app, but in my busy life I’ve got […] Read more
Markets — page 321
Canada urged to strike trade deal with ASEAN
‘Middle power’ countries encouraged to double down on free trade promotion and the international rules-based order
As the world talks about trying to “build back better” and the “post-COVID world,” Canada should get in front by making a free trade deal with Southeast Asia. That argument is being made by the C.D. Howe Institute’s Daniel Schwanen and Dan Ciuriak in a letter sent to the trade officials of both Canada and […] Read more
China’s hunger for soybeans surprises Bunge executive
Company says Asian country’s rapidly recovering hog sector following African swine fever is behind increase in demand
Greg Heckman, chief executive officer of Bunge Limited, has been taken aback by surging global soybean demand. “One of the big drivers is how quick China’s sows and hogs have come back,” he told investment analysts during a recent conference call. “Their meal demand has recovered much more quickly than any of us thought.” Historically […] Read more
Tight supply boosts prospects for flax market
There are reports that the crop yields in the Black Sea region may be in trouble, particularly Russia and Kazakhstan
A small Canadian carryout combined with production problems in the Black Sea region bodes well for the flax market, say analysts. “You’ve got snug supplies so to me flax can maintain an elite pricing structure for the year,” said Greg Kostal, analyst with Kostal Ag Consulting. It is difficult to ascertain production information out of […] Read moreCanfax 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. Fed prices fall Heading into September, the fed cattle market faces what is traditionally a tough month. […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $37.18 Sept. 4, up from $34.68 Aug. 28. U.S. hogs averaged $45.89 on a carcass basis Sept. 4, up from $42.89 Aug. 28. The U.S. pork cutout was $80.56 per hundredweight Sept. 4, up from $71.39 Aug. 28. The estimated U.S. weekly slaughter […] Read more
Canola prices show surprising strength
Canola cash prices will likely drift higher than $11 per bushel this fall and winter based on current market fundamentals, says an analyst. Brennan Turner, chief executive officer of FarmLead, said the strength prices are displaying just before harvest is remarkable for this time of year and bodes well for the coming months. Cash spot […] Read more
China may boost barley markets
Dwindling corn reserves in the Asian country and a tariff cap on imports could be good news for feed barley exporters
China’s dwindling corn reserves could create an opportunity for feed barley exports, according to the author of a web blog on China’s rural economy. Dim Sums estimates China had 57 million tonnes of temporary corn reserves at the beginning of 2020 but that government stockpile is expected to be fully depleted by early September. That […] Read more
Industry develops canola’s fish feed potential
A company says it has developed a way to extract the high-value protein from canola meal so it is more useful for fish
Canola protein is great feed for fish. Or at least, it should be, but today it isn’t. Canola meal contains fibre and “anti-nutritional” factors that make canola meal indigestible for fish, so the protein in the meal can’t do them any good. It’s something Botaneco intends to change with a novel processing approach that will […] Read more
Bank sees segmented world trade as way of the future
Instead of a single prevailing world trading order, Morgan Stanley sees the development of a number of different spheres
The coming world market will be a lot more complex than many now expect, says a strategic analysis by Morgan Stanley, the global investment bank. While talk about moving away from China and reversing globalization trends have been around for years, other factors are less discussed. Morgan Stanley sees a future world order of “multipolarity,” […] Read more
