Markets
The affected farms have a few things in common, but no firm links regarding potential spread are evident
A few answers and more questions have emerged as investigations continue into Alberta’s four cases of porcine epidemic diarrhea virus. The fourth case was confirmed March 15, two days after a provincial briefing on the first three cases. Investigators in the provincial chief veterinary office and Alberta Agriculture have ruled out several ways the virus […] Read more
Markets
Trade committee to call ministers on canola
The federal agriculture and trade ministers will appear at hearing to talk about China’s restrictions of canola exports
Canada’s ministers of agriculture and international trade are scheduled to appear before a House of Commons committee in early April to address China’s ban on canola imports from Richardson International. The ban has cost farmers $1 billion already through declining prices, the international trade committee heard during an emergency meeting March 17, and some members […] Read moreWP livestock report
Hogs The U.S. national live price average for barrows and gilts was US$39.74 per hundredweight March 15, up from $35.61 March 8. U.S. hogs averaged $54.20 on a carcass basis March 15, up from $45.86 March 8. The U.S. pork cutout was $68.89 per cwt. March 15, up from $65.04 March 1. The estimated U.S. […] 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. Stronger fed price Fed prices have strengthened by $6.75 per hundredweight over the past three weeks. Fed […] Read more
Small gains for canola
WINNIPEG – ICE Futures canola contracts posted very small gains at the end of trading on Wednesday. The technical bias has continued to remain on the upside, and traders used the weakness in canola as a buying opportunity. Also, canola has become more competitive with vegetable oils. A lack of fresh export demand and news […] Read more
Dollar puts downward pressure on canola
WINNIPEG (MarketsFarm) – ICE Futures canola contracts were weaker at the end of trading on Tuesday, with pressure from a rising Canadian dollar and a decline in soyoil prices. The Canadian dollar pushed above 75 U.S. cents on Tuesday, ahead of the federal Liberal government’s budget, which is being presented this afternoon. May soyoil on […] Read more
Canola starts the week with strength
WINNIPEG – ICE Futures canola contracts were stronger at the end of trading on Monday. It’s believed short selling may be at its end and the technical bias has shifted to the upside. Trading will be lull until spring planting, with little to push bids either way. Ample supplies of palm and soy oils weighed […] Read more
Fund short position climbs above 55,000 in canola
Winnipeg – Fund traders were active in the ICE Futures canola market during the week ended March 12 adding to their large net short position, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators […] Read more
Canola and wheat finished mixed
WINNIPEG – ICE Futures canola contracts were mixed at the end of trading on Thursday, with prices up for the front months and steady for the new crop contracts. Fund players have been heavily short on canola and have seen a good downswing, which they are covering, according to a trader. Also, there is speculation […] Read more
Importers still committed to Canada
Despite recent trade hiccup with China, international buyers of Canadian food say the country has much to offer them
MONTREAL — Whenever a trade dispute erupts, markets can tank and the future for Canada’s export-reliant farmers can look grim. But a panel of international importers told the Canadian Crops Convention that many lasting trends in foreign markets look good for Canadian crops. And for all the high-profile disputes, there are also opportunities not getting […] Read more
