Bullish? Bearish? What does the smart money in the market say about the fourth quarter hog outlook? “At-the-money options are more than double what they would typically be at this time,” Tyler Fulton, Hams Marketing’s director of risk management, said in an interview. “What we’re seeing is the uncertainty manifest itself in the market.” While […] Read more
Markets — page 349
Fourth quarter hog price remains uncertain
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 prices steady Alberta direct cattle sales saw moderate volume trade last week, and prices trended either […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was unavailable Sept 20. The price was $34.90 Sept 13. U.S. hogs averaged $44.14 on a carcass basis Sept. 20, down from $45.67 Sept. 13. The U.S. pork cutout was $69.15 per cwt. Sept. 20, up from $68.21 Sept. 13. The estimated U.S. weekly […] Read more
CBOT Weekly: Strong dollar, good weather hurting prices
WINNIPEG, (MarketsFarm) – Growing strength in the United States dollar has hurt commodity prices on the Chicago Board of Trade (CBOT), according to Terry Reilly, grains analyst for Futures International in Chicago, Ill. The impetus for the gain was comments from U.S. President Donald Trump, who remarked a trade deal with China could come sooner […] Read more
Rains slows Manitoba harvest
Rain and cool temperatures are expected in Manitoba over the next week, further delaying a harvest that is already behind normal. Many regions of Manitoba received 50 to 100 millimetres of rainfall last weekend, putting the brakes on combines and stalling harvest progress. Across the province the harvest of cereal, pulse and oilseed crops is […] Read more
When farmers pay the price for trade disputes, Canada bears the cost
I was struck by something Tyler Fulton, the director of risk management for Hams Marketing, said to me the other day. “We’re just in a new time, I guess.” He said that after apologizing for always in recent interviews noting that its hard to assess the market outlook these days because there are so many […] Read more
Large Manitoba bean harvest delayed by rains
Winnipeg (MarketsFarm) – Manitoba farmers seeded their largest dry edible bean crop in more than a decade this spring, but adverse harvest conditions are causing delays getting it off the fields. “Last week we had some substantial moisture in the Red River Valley,” said pulse specialist Dennis Lange of Manitoba Agriculture. He noted that the […] Read more
Chinese farm official says ‘good outcome’ from trade talks – state media
BEIJING, (Reuters) – China did not cancel planned visits to farms in the United States because of challenges in trade negotiations with the U.S., the country’s senior agricultural representative in the talks said, according to a report by state-backed media group Yicai on Sunday, who added the talks last week achieved a “good outcome.” Chinese […] Read more
Chinese sales boycott not a long-term disaster for canola
Do you think much about fungibility? Perhaps not always, but I suspect you’re now taking rather more than a passing interest in the academic question of how fungible Canada’s canola crop is. After all, if you’re the average prairie farmer, canola is your most consistently profitable crop and likely the key to your future success […] Read more
Ukraine proposes farmland reforms
Analysts think the country could significantly increase crop production if it goes ahead with its privatization plans
Canada could be facing stiffer competition from one of its main grain export rivals if the country follows through on a newly announced farmland reform policy, say analysts. Reuters reports that Ukrainian President Volodymyr Zelenskiy has ordered his government to submit a draft law for farmland reform by the beginning of October. State-owned land is […] Read more
