Markets
In the world of malting and brewing, many promising new barley varieties never see the light of day. That’s because big brewing companies are often reluctant to change their brewing recipes and try something new. Matt Enns, a micro-maltster based in central Saskatchewan, is doing his part to ensure that one of Saskatchewan’s most promising […] Read more
Markets
WASDE report has no surprises
WASDE is back, but it didn’t shake the market, indicating that other commodity intelligence was at work in the one-month layoff of American data. The U.S. government’s World Agricultural Supply and Demand Estimates, often disputed by traders and analysts, are none-the-less a guide to where domestic and international inventories and purchases are taking place. The […] Read more
New trade deals offer hope for more diversified markets
Political relations with China are about as frosty as the Polar Vortex and worries are rampant that China is stalling canola imports so it is hard to believe that just a few months ago Canadian and Chinese officials were talking about doubling agricultural trade by 2025. In November Finance Minister Bill Morneau and Minister of […] Read more
China’s pig crisis offers mixed trade benefits
Pork exports could soar but feed markets could plummet as African swine fever threatens to slash country’s herd
The hog crisis in China might eventually be good for some of Canada’s agricultural exports and bad for others but so far it has had little impact. African swine fever was first detected in China in Liaoning province on Aug. 3, 2018. Since then there have been 105 confirmed outbreaks of the deadly disease in […] Read moreCanfax 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 soften Alberta direct cattle sales saw moderate volume trade last week, and prices continued to […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was US$38.50 per cwt. Feb. 8, down from $39.80 Feb. 1. U.S. hogs averaged $49.43 on a carcass basis Feb. 8, down from $50.38 Feb. 1. The U.S. pork cutout was $64.82 per cwt. Feb. 8, down from $66.99 Feb. 1. The estimated U.S. […] Read more
Canola mixed; but wheat improves
Winnipeg – ICE Futures canola contracts were narrowly mixed on Wednesday, with losses in the front months and gains in the new crop contracts. Adjustments to the intermonth spreads were a feature of the activity. The July/November spread moved from an inverse to a carry position. Large old crop supplies and a lack of significant […] Read more
Brazil’s next soy crop survey likely to show further decline – official
BRASILIA (Reuters) – Brazil’s next survey of the 2018/19 soy crop is likely to show a further decline in estimated output resulting from dry weather in January, Eduardo Sampaio, farm policy secretary at the Agriculture Ministry, said on Tuesday. The current survey showed a drop of roughly 3.5 million tonnes in output, from a previous […] Read more
CBOT weekly: All eyes focusing on March 1 trade deadline
WINNIPEG – As high-level trade talks are underway in Beijing this week between the United States and China, the commodity markets are watching carefully to see what happens, said an analyst following the Chicago Board of Trade. “All eyes are on March 1,” said Steve Georgy of Allendale Inc. Should negotiators fail to make any […] Read more
Canola stronger; wheat mixed
Winnipeg – ICE Futures canola contracts were stronger on Tuesday, taking some direction from gains in Chicago Board of Trade soybeans and soyoil. After dropping sharply on Monday, canola was looking overdone to the downside and due for a corrective bounce, according to participants. Signs of improving export demand were also supportive. However, exports continue […] Read more
