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. Fed prices climb on active trade Alberta direct cattle sales saw active trade last week and average […] Read more
Markets
Canfax report
WP livestock report
Hogs The U.S. national live price average for barrows and gilts was US$46.03 per hundredweight May 4, up from $45.06 April 27. U.S. hogs averaged $59.05 on a carcass basis May 4, up from $58.22 April 27. The U.S. pork cutout was $69.29 per cwt. May 4, up from $68.61 April 27. The estimated U.S. […] Read more
Canola steady; anticipation of new stock data
Winnipeg (CNS Canada) – The ICE Futures Canada canola market ended mixed on Wednesday. The front-month July contract was boosted by gains in soyoil while the more deferred contracts were pressured by strength in the Canadian dollar. Traders were positioning themselves ahead of North American stocks data that will be released over the next two […] Read more
Canola, soybeans up slightly
Winnipeg (CNS Canada) – The ICE Futures Canada canola market posted gains on Tuesday, taking strength from a weaker Canadian dollar. Soybeans on the Chicago Board of Trade were higher, which helped prop up the market. Canola lagged the U.S. market by a few dollars amid low volume trade. However, losses in soyoil dragged on […] Read more
Canola follows soybeans lower
Winnipeg (CNS Canada) – The ICE Futures Canada canola market finished lower on Monday, tracking losses in U.S. soybeans. Warm weather across Western Canada helped farmers make good seeding progress over the weekend, which dragged on prices. The favorable temperatures are reinforcing expectations that a large canola crop will be coming this year. Canola is […] Read more
Canola lower at front, higher in deferred positions
Winnipeg (CNS Canada) – ICE Futures Canada canola contracts settled mixed on Friday, with losses in the front months and gains in the more deferred positions as the old/new crop spreads narrowed in ahead of the weekend. Good seeding weather across the Prairies and spillover selling from a downturn in Chicago Board of Trade soybeans […] Read more
Nobody believes StatsCan seeding intentions report
Grain market analysts have zero faith in Statistics Canada’s April 27, 2018, seeding intentions report. The report is based on a survey of 11,600 farmers conducted between March 2-29. “A lot of things have changed since then,” said Greg Kostal, president of Kostal Ag Consulting. One of the biggest changes has been to the prairie […] Read more
Durum sales to Italy slow to a trickle
Country-of-origin labelling has seen country ‘disappear as a Canadian customer,’ but farmers plan to increase acres
Canadian farmers intend to increase durum acres despite losing their top customer. Farmers told Statistics Canada they will plant 5.78 million acres of the crop, an 11 percent increase over last year. They are boosting acres despite losing the pasta-eating capital of the world as a customer. Italy purchased 1.07 million tonnes of Canadian durum […] Read more
Industry not expected to meet export targets
Poor railway performance will result in Canada missing export targets for all the major crops, says an analyst. Marlene Boersch, managing partner with Mercantile Consulting Venture, was bitterly disappointed with Statistics Canada’s February export numbers. They show that Canada shipped 2.15 million tonnes of the nine commodities tracked by the agency. That is down 46 […] Read more
Barley might be bouncing back from its recent doldrums
This could be the year of the big barley bounce back. It’s too early to tell if farmers were telling the truth to Statistics Canada about their seeding intentions, and weather can always throw honest intentions into a blender and puree them into an ugly mess, but as of early spring farmers said they were […] Read more
