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. Moderate fed cattle trade Alberta direct cattle sales saw moderate volume trade this week, and prices slipped […] Read more
Markets
Canfax report
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was US$39.36 per hundredweight Jan. 25, up from $38.51 Jan. 18. U.S. hogs averaged $51.32 on a carcass basis Jan. 25, down from $51.81 Jan. 18. The U.S. pork cutout was $67.67 per cwt. Jan. 25, down from $69.97 Jan. 18. The estimated U.S. […] Read more
Canola softens ahead of U.S. China talks
Winnipeg – ICE Futures canola contracts were weaker on Wednesday, although activity was choppy as traders await fresh trade news. “Everyone is marking time,” said a trader, noting that participants were keeping a close eye on trade negotiations between the United States and China this week. Strength in the Canadian dollar accounted for some of […] Read more
Man. pea processor on track for 2020: Roquette
BRANDON — Building a $400 million factory takes time. And when the temperature drops to -37 C, construction can grind to a halt. Despite the chilly temperatures this January, Roquette hopes to open its pea processing facility in Portage la Prairie in about 22 months. “Our current projection … is Q4 (quarter four) of 2020,” […] Read more
Quiet market waiting on trade talks, USDA reports
WINNIPEG – ICE canola futures is quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain Senior Marketing Analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” Palmer said. Two days of high level […] Read more
Canola weaker; wheat lower
Winnipeg – ICE Futures canola contracts were weaker on Tuesday, although activity was thin and choppy as participants await some fresh direction. Losses in Chicago soybeans and soyoil accounted for some of the spillover selling pressure in canola, with bearish technical signals and poor export demand adding to the softer tone. The Canadian dollar held […] Read more
CTA: Vancouver rail congestion and farm products
VANCOUVER — A preliminary report prepared by the Canada Transportation Agency confirms that freight embargoes were imposed on 15 different occasions in the Vancouver area late last year as railway companies struggled to keep commodities moving in an orderly fashion. The Jan. 24 report, part of a larger CTA investigation into rail freight problems in […] Read more
Canola softens, durum rises
Cuts were felt across the board as commodities came under what appeared to be a technical adjustment. And that was likely further tempered by not much other good news. Durum bucked that trend moving up sharply at the elevators. Canola felt the cold draft blowing in from Chicago beans as falling temperatures in the American […] Read more
Ag Canada predicts rising grain and canola acres in 2019/20
Winnipeg – Canadian farmers will seed more wheat, barley and canola in 2019/20, according to the first supply/demand tables from Agriculture and Agri-Food Canada for the upcoming crop year, released Jan. 25, 2019. The government agency forecasts all-wheat acres rising to 25.056 million, from 24.891 million the previous year. Of that total, durum seedings are […] Read more
Canadian wheat exports running at strong pace
Winnipeg – Canadian wheat exports during the 2018/19 (Aug/Jul) crop-year-to-date are running at a record pace, with exports as of Jan. 20 roughly 1.4 million tonnes ahead of what was exported during the same timeframe the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Jan. 20, according to the latest […] Read more
