The port of Thunder Bay, Ont., is continuing its strong shipping season with total grain volumes likely to top nine million tonnes, the port authority said last week. According to the port authority, international demand for Canadian grain, especially wheat and canola, remains high due to the COVID-19 pandemic and low ocean shipping rates, among […] Read more
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WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $34.15 on Aug 14, up from $29.87 on July 24. U.S. hogs averaged $37.60 on a carcass basis Aug 14, down from $38.11 Aug 7. The U.S. pork cutout was $74.93 per hundred weight Aug 14, up from $71.93 Aug 7. The estimated […] 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. Fed price strengthens Alberta direct cattle sales saw moderate volume cash trade last week with prices strengthening. […] Read more
The challenge to Freeland: Don’t let the Green agenda kill the Growth agenda
Farming and other growth industries don't need to clash with a "Green" agenda, but they might if the new finance minister doesn't handle things right
Prairie farmers should be happy to see Chrystia Freeland become the federal finance minister. She’s a champion of free trade and expanded global trade; she has great financial understanding; she’s tough as nails; she has deep western roots. But she’s being brought in to Finance in the midst of loud talk about Prime Minister Justin […] Read more
Market premium loss for hard spring wheat
Probably 98 percent of the time, wheat futures in Minneapolis trade at a premium to Chicago wheat futures. From the middle of July to the first week of August, there was no premium — Minneapolis wheat futures were priced at a discount to Chicago wheat. “(This) has happened briefly, in the past,” said Bruce Burnett, […] Read more
U.S. lentils falsely sold as Canadian?
Allegations have resurfaced that Canadian pulse exporters are fraudulently shipping American green lentils as Canadian product. Jeff VanPevenage, president of Columbia Grain International, initially raised this concern with Canadian government and industry officials last fall and is now ringing the alarm bell once again. “Canadian grain companies continue to come down to the U.S. and […] Read more
Phosphate prices rise amid trade, supply issues
Mosaic asks for duties on phosphate imports from subsidized foreign competition in Morocco and Russia
Countervailing duty petitions launched by one of the world’s largest manufacturers of phosphate fertilizer have sparked a price rally for the crop input, says an analyst. On June 26, The Mosaic Company filed petitions seeking duties on phosphate imports to the United States from Morocco and Russia. The company alleges that fertilizer producers in those […] Read more
Prairie research examines hydrogen potential
In a decade or two, farmers might show as much interest in hydrogen prices as they do to diesel prices today. Electric battery power might have captured most of the limelight in the field of advanced vehicle technology in the past decade, but talk about hydrogen fuel cells has occupied a lot of space in […] Read more
Let us give thanks to our systems, government and politicians
The images of Beirut shattered by a mushroom cloud, right on the 75th anniversary of the A-bomb attack on Hiroshima, stand as a powerful indictment of a government and civil society that has failed to manage a known risk. Terrible accidents happen, but the 2,750 tonnes of ammonium nitrate that exploded on Aug. 4, in […] Read more
Price forecast optimistic for most crops this year
Farm Credit Canada expects canola, lentils and spring wheat to be the principal field crops that experience the biggest price increases in the second half of 2020. The average canola cash price is forecast to rise to $467 per tonne in the last half of the year, up from $430 per tonne in the first […] Read more
