Markets
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. Alberta fed cattle traded steady for the week of April 1, and dressed sales were equal to […] Read more
Markets
Canfax report
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was US$58.62 per hundredweight April 5, up from $55.34 March 29. U.S. hogs averaged $75.79 on a carcass basis April 5, up from $74.89 March 29. The U.S. pork cutout was $81.84 per cwt. April 5, up from $81.33 March 29. The estimated U.S. […] Read more
Canola, wheat hold steady
WINNIPEG – ICE Futures canola contracts traded either side steady on Wednesday, as there was little to move prices either way. Such will remain the case unless there is a breakthrough in the Canada/China dispute or a final deal in United States/China trade talks. Also, a major weather event could affect prices. Canadian farmers arrived […] Read more
USDA lowers Canadian canola export forecast
Winnipeg – The slowing pace of Canadian canola exports, linked to the country’s trade dispute with China, saw the United States Department of Agriculture lower its forecast for Canadian canola exports in the current 2018/19 marketing year. In its latest Oilseeds: World Markets and Trade report, the USDA’s Foreign Agricultural Service said actual Canadian exports […] Read more
USDA raises corn stock projections, lowers soybeans
Winnipeg – Updated supply/demand estimates from the United States Department of Agriculture came largely in line with expectations, with larger U.S. and world corn and wheat stocks and slight downward revisions to the soybean carryout numbers. Expected U.S. corn ending stocks for the current marketing year were raised by 200 million bushels, to 2.035 billion […] Read more
Canola holds steady
WINNIPEG – ICE Futures canola contracts were steady at the end of trading on Tuesday, with small gains for the front months and small losses for the November and January contracts. The May canola contract gained 80 cents to close at C$455.30 per tonne. Weighing on values were the large South American soybean harvest and […] Read more
Canola down, facing numerous issues
WINNIPEG – ICE Futures canola contracts were weaker at the end of trading on Monday. Much of the trade for the day pertained to the spread, according to a Winnipeg-based trader. He commented the technical bias has shifted to the downside and spec funds remained short. The ongoing Canada/China dispute could hurt any much needed […] Read more
Canola futures hold, wheat weakens
Winnipeg – ICE Futures canola contracts settled narrowly mixed on Friday, with losses in the front months and gains in the new crop contracts as traders squared positions ahead of the weekend. Declines Chicago Board of Trade soybeans and ongoing uncertainty over Canada’s trade dispute with China weighed on values throughout the day. However, the […] Read more
Canola futures up; wheat mixed
Winnipeg – ICE Futures canola contracts ended higher on Thursday, after trading to both sides of unchanged in choppy activity throughout the session. Gains in Chicago Board of Trade soybeans and soyoil provided some underlying support, amid increasing optimism over the possibility of a trade deal between the United States and China. However, uncertainty over […] Read more
Efficiency key as canola prices continue to fall
Lane Stockbrugger just bought two shiny, new grain bins because he knows he is going to have a lot more canola carryout than usual on his farm near Englefeld, Sask. That stored canola is worth less than it was a few months ago and many analysts think there is further depreciation ahead. Canola that began […] Read more
