Markets
KIEV, (Reuters) – Ukraine has boosted its exports of oilseeds by 48 percent to 3.67 million tonnes so far this season thanks to bumper rapeseed sales, its state service for food safety said on Wednesday. Rapeseed exports totalled 2 million tonnes so far in 2017/18 compared with 900,000 tonnes in the same period in 2016/17, […] Read more
Markets
Ukraine oilseed exports rise 48 pct so far in 2017/18
Ukraine 2017/18 grain exports down 9.5 %
KIEV (Reuters) – Ukraine has exported about 22.8 million tonnes of grain in the agricultural year that began in July, down from about 25.2 million in the same period last year, the state service for food protection said on Wednesday. Exports included 11.7 million tonnes of wheat, 3.8 million tonnes of barley and about 6.7 […] Read more
Markets: ICE Canola Ticker Higher with Soybeans
WINNIPEG, January 16 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, taking strength from gains in U.S. soybeans. Markets re-opened in the U.S. after being closed yesterday for the Martin Luther King Jr. Holiday. Cold weather on the Prairies has discouraged farmer selling, however milder temperatures are slowly […] Read more
Revived TPP threatens U.S. wheat sales
The United States is likely to lose lucrative market share of wheat in Japan, the U.S. Department of Agriculture is warning the American agriculture industry. The reason: other nations’ embrace of free trade deals. “The current market preference for (Canadian spring wheat) over (American spring wheat) may be compounded in the coming years by the […] Read more
Where will shrinking pulse acreage go in 2018?
Canadian pulse seeded area will likely be down significantly in 2018 because neither prices nor demand are likely to improve soon. That raises the question of where the former pulse acres go. For many, it will likely mean more canola area, and that raises worries about disease pressure. Pulse area surged in the past few […] Read more
New plants ease hog market worries
Farmers should get a year of strong packer demand and aggressive cash prices — unless U.S. President Donald Trump blows up the North American pork market. That’s how Hams Marketing’s director of risk management, Tyler Fulton, looks at 2018. “I’m pretty optimistic that these new plants will shake up the dynamic enough that we will […] Read more
Canola higher but outlook still bearish
WINNIPEG — ICE Futures Canada canola contracts moved higher during the first trading week of 2018 as speculators covered short positions and the market saw a modest recovery off of the late-December lows. Bitterly cold temperatures across much of Western Canada and the resulting slow-down in country movement was also supportive, although the latest grain […] Read more
Canola market doldrums need cautious risk management
First, canola futures slid from $520 per tonne to lower than $490. Then prices bounced back $10 to almost $500. How do you get a sense of the price range from that? What does the slide mean? What does the bounce-back mean? Lots of farmers and marketers are pondering that after December’s drama. The same […] Read more
WP livestock report
Hogs rise The U.S. national live price average for barrows and gilts was US$47.57 per cwt. Jan. 5, up from $45.14 Dec. 28. U.S. hogs averaged $64.01 on a carcass basis Jan. 5, up from $57.95 Dec. 28. The U.S. pork cutout was $79.07 per cwt. Jan. 5, up from $78.03 Dec. 28. The estimated […] Read more
U.S. winter wheat faces significant risk from cold snap
It was a decidedly unhappy New Year for many hard red winter wheat growers in the United States. Temperatures plunged as low as -40 C Jan. 1 in portions of the country’s winter wheat growing areas, causing what some weather analysts believe is widespread winterkill. Nick Vita, meteorologist with Commodity Weather Group, said the winterkill […] Read more
