Market Wire

More Market Wire

Markets Markets

Markets

Dicamba ban is a blow to Monsanto, BASF

CHICAGO, Ill. (Reuters) — In a blow to Monsanto and BASF, Arkansas state lawmakers have voted to ban a controversial herbicide after mid-April to protect farmers from potential crop damage. Arkansas will prohibit the use of herbicides based on a chemical known as dicamba from April 16 to Oct. 31, the strictest state limits imposed […] Read more
Markets

India still needs pulses: AGT

WINNIPEG — Even though the pulse crop trade with India hasn’t been rosy lately, the head of a Canadian pulse shipping and processing company believes the tide will soon change. “India’s going to buy again this year,” said Murad Al-Katib, president of AGT Food and Ingredients. “We’ll have to see what level, but we think […] Read more
Markets

Canfax report – Jan. 25 – 2018

The January cattle on feed report for Alberta-Saskatchewan showed inventories at 929,725 head, eight percent more than last year at this time. This number is in line with the five year average, but this is the fourth smallest January inventory since reporting began in 2000. However, December placements were the smallest since reporting began with […] Read more
Markets

WP livestock report – Jan. 25 – 2018

HOGS RISE The U.S. national live price average for barrows and gilts was US$54.33 per hundredweight Jan. 19, up from $53.97 Jan. 12. U.S. hogs averaged $69.36 on a carcass basis Jan. 19, down from $69.45 Jan. 12. The U.S. pork cutout was $81.44 per cwt. Jan. 19, up from $79.81 Jan. 12. The estimated […] Read more
Markets

ICE Canada Weekly Outlook: Canola creeps toward C$500

Movement can likely be traced to recent weakness in the U.S. dollar

WINNIPEG(CNS) – ICE Futures Canada canola contracts are showing signs of wanting to climb higher due to recent moves in soybean oil and the Canadian dollar. The front-month March contract is still below the benchmark C$500 per tonne mark but is starting to creep toward it. Some of the movement can likely be traced to […] Read more
Markets

Canadian cash oats steady despite climbing futures

Spot prices are holding steady

Winnipeg(CNS Canada) – Oats futures at the Chicago Board of Trade have posted solid gains over the past month, but the cash market in Western Canada remains steady overall. “It’s been a nice little rally up,” said Scott Shiels, grain procurement manager with Grain Millers Canada on the 35 U.S. cents per bushel rise in […] Read more
Canada’s trade negotiators recently came to an agreement on the TPP during meetings in Japan. | File photo
Markets, News

Dairy farmers call TPP signing a ‘somber’ day

TPP could mean hundreds of millions or billions in new agri-food sales

OTTAWA — Yesterday, groups representing canola, pork, beef, wheat and other commodities celebrated the news that Canada will be part of the Trans-Pacific Partnership. One ag group was not celebrating — the Dairy Farmers of Canada. In a release, the Dairy Farmers said that Jan. 23 was a “somber” day for Canada’s dairy industry. “We […] Read more
Markets, NAFTA, News

Canada to unveil proposals to head off NAFTA clash over autos

The sixth and penultimate round of negotiations opened in in Montreal on Tuesday

MONTREAL, Jan 24 (Reuters) – Canadian negotiators at the NAFTA talks will unveil on Wednesday ideas to address U.S. demands for higher North American content in autos, a contentious issue that is threatening the effort to modernize the 1994 trade deal, three well-placed sources said. The sixth and penultimate round of negotiations to update the […] Read more
Markets, NAFTA, Opinion

Farmers: If you love TPP, get out and get loud

Because the opponents are likely to declare holy war on it

There’s no way the government would back out of its newly announced support for the re-engineered Trans Pacific Partnership, right? No way at all! That’d be humiliating. That’d be like announcing major small business tax changes and then have to painfully back out of them in the face of outrage and denunciation . . . […] Read more

Latest video

More Videos