Markets
Government policy and a good soil moisture profile are boosting prospects for India’s upcoming rabi crop of pulses, and that doesn’t bode well for Canadian pea and lentil exports. India’s general elections will take place in April or May of 2019, and the existing government has been doing everything it can to raise domestic pulse […] Read more
Markets
Indian gov’t. focuses on boosting winter crop
WP livestock report
Bison The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices from C$5.80-$6. per pound hot hanging weight. U.S. buyers are offering US$4.60 or more with returns dependent on exchange rates, quality and export costs. Grade A heifers sold up to C$5.60-$5.80. U.S. buyers are offering US$4.40. Animals outside […] 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. Fed prices rise There was active trade last week in Alberta direct cattle sales, and strong prices […] Read more
Canadian pulse sales a day-to-day business
Winnipeg – The Canadian pulse crop trade hasn’t stopped, even though its biggest customer, India, isn’t taking large amounts anymore. Instead buyers are finding themselves having to take business one day at a time and become a bit more creative. “I think everyone is in the same boat, it’s not that the market has stopped. […] Read more
Canola loses increases, soy down too
Winnipeg – ICE Futures canola contracts were weaker on Wednesday, as bearish chart signals and spillover from declines in the Chicago Board of Trade soy complex weighed on values. While cool and wet conditions continue to cause harvest delays across the Prairies, farmer deliveries were showing signs of picking up which brought some hedge pressure […] Read more
Soy drop affects canola; wheat rises
ICE Futures canola contracts were weaker on Tuesday, as a downturn in the Chicago Board of Trade soy complex spilled over to weigh on prices. Chart-based selling contributed to the declines in canola, with the November contract moving back below the psychological C$500 per tonne mark. However, cool and wet harvest-delaying weather across the Prairies […] Read more
Weekend saw harvest improve
Winnipeg – The week started off with a bang as trade news dominated the headlines and sent the loonie soaring. Canola took a hit on Monday but spent the rest of the week ended Oct. 5 in the green. A tentative renegotiated North American Free Trade Agreement (NAFTA) deal was reached late Sep. 30. The […] Read more
One grain, two experiences
North American wheat exports have been a tale of two countries so far in 2018-19. Sales have been sluggish in the United States and brisk in Canada. The U.S. shipped out 10.86 million tonnes of wheat through Sept. 20, which is almost one-third of the way through its crop year. That is 20 percent below […] Read more
China’s cut to soybean consumption ‘unrealistic’
Chinese ministry of agriculture predicts 10 million tonne drop in soybean imports, analysts not convinced that will happen
Analysts are having a tough time believing China is about to dramatically curtail its soybean consumption. China’s ministry of agriculture cut its 2018-19 soybean import estimate to 84 million tonnes in its September crop report. That is down from its August estimate of 94 million tonnes. Rich Nelson, chief strategist with Allendale Inc., said Chinese […] Read more
Manage farms like low-margin, high-volume businesses
Editor’s note: This is the fourth of a series of columns looking at the lessons learned from the financial crisis of 2008. There’s no sure-fire way for a farm protect itself against crash risk. The 2008-09 financial crisis proved that, and it sent a shockwave through the farming and agriculture industries, causing immense damage and […] Read more
