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. China news lackluster Fed steer prices rose slightly last week to average $142.66 per hundredweight, while fed […] Read more
Markets — page 339
Canfax report
ICE Canola Weekly Outlook: Steady market stuck in a rut
Winnipeg (MarketsFarm) – ICE canola futures held within a narrow range during the week ended Nov. 13, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable […] Read more
Lots changes, but much remains the same, in both farming and journalism
In 25 years of reporting on farming, everything seems both different and the same
How do you find a farmer? Finding farmers and getting their views has always been a core part of my job. It wasn’t easy to do 25 years ago, when the internet was a just-beginning thing, almost nobody had a mobile phone and most farmers lived far from the cities I was living in. Fortunately, […] Read more
Canada must act to cash in on plant protein trend
There’s a golden opportunity in front of Western Canada, but plant protein processing potential could pop up somewhere else if prairie people don’t grab it. That was a message threaded through a number of presentations made by grain, food and logistics experts speaking at the Fields on Wheels conference Nov. 1. “There is opportunity. We […] Read more
Politics may prompt soy glut
Politics will continue to play a major role in grain markets in 2019-20. Argentina’s recent election results could have a profound impact on corn, soybean and wheat markets, said an analyst who closely follows South America’s grain and oilseed sector. Incumbent Mauricio Macri is on his way out, and the new president will be Alberto […] Read more
Canola exports maintain surprisingly quick pace
Canola is leaving Canadian ports at a faster pace than last year despite vastly reduced sales to the former top market. Exporters shipped out 2.01 million tonnes through week 12 of the 2019-20 campaign, up slightly from the 1.98 million tonnes the same time last year. That is despite oilseed sales to China plummeting. The […] Read more
Dry beans absorb major hit
It has been a disastrous year for North American dry bean production and that will eventually result in rising prices, says an industry executive. “Values to the farmer are slowly but surely going to improve and it don’t matter what class of bean you’ve got,” said Tim Courneya, executive vice-president of the Northarvest Bean Growers […] Read more
Rising oilseed market could spark modest canola rally
There are several factors that should be lifting canola prices but values so far are stubbornly flat. Exports are fairly good. Even with China’s restrictions on imports of Canadian canola, total canola exports in the first 12 weeks of the crop year are slightly ahead of last season, which was before China took issue with […] Read more
Duration risk becomes major problem for many farmers
“It’s not the down-cycle years that do farms in; it’s those boom years.” That wise comment was tweeted to me by intelliFARM analyst Brian Voth in an online discussion I was having about the sour mood across Canada today. That sour mood extends deep into farming, where years of lacklustre returns combined with challenging (to […] Read more
WP livestock report
Bison The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices from C$4.80-$5 per pound hot hanging weight. U.S. buyers are offering US$3.85-$4.15 per lb. Hogs The U.S. national live price average for barrows and gilts was $38.57 per hundredweight Nov. 1, down from $42.08 on Oct. 25. U.S. […] Read more
