Markets
CHICAGO, Ill. (Reuters) — A combination of delays to autumn planting and dry conditions in the southern U.S. Plains have left the hard red winter crop vulnerable to freeze damage, crop experts said, which could further tighten supplies of high-protein wheat. A cold spell is forecast for later in December. The U.S. Department of Agriculture […] Read more
Markets
Dry weather leaves U.S. Plains wheat vulnerable to freeze damage
Markets snapshots
U.S. soybean, wheat ending stocks up as exports fall WASHINGTON, D.C. (Reuters) — The forecast for U.S. year-end stocks of wheat and soybeans were raised in the monthly U.S. Department of Agriculture supply and demand report because of dwindling export demand for U.S. supplies. However, the department trimmed its year end stocks estimate for corn […] Read more
WP livestock report
U.S. hogs dip lower Retailers had most of their holiday needs met. Pork buying will slow until retailers measure how sales have gone. The U.S. national live price average for barrows and gilts was US$46.60 per hundredweight Dec. 15, down slightly from $46.94 Dec. 8. U.S. hogs averaged $56.47 on a carcass basis Dec. 15, […] 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 cattle up The Canfax steer average hit a new second half high at $154.26 per hundredweight, […] Read more
VIDEO: Canada’s agricultural markets update – December 20, 2017
D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts a market video about crops. The video is designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered.
Canola rises for second day
Winnipeg, December 20 (CNS Canada) – Canola contracts on the ICE Futures Canada platform finished mostly higher on Wednesday, after a day of choppy trading. Much of the activity was spread-based as traders were moving from the front-month January contract to March. Markets close early on Friday and there is just three days of trading […] Read more
European Commission approves Canadian canola for new biodiesel standard
WINNIPEG, Manitoba, Dec 19 (Reuters) – The European Commission has approved Canadian canola for use in producing biodiesel in the European Union under its tougher environmental standard, the Canadian government said on Tuesday. The EU currently requires feedstocks used to produce biodiesel to emit 35 percent less greenhouse gases over their life cycle than fossil […] Read more
Canola edges higher Tuesday on bargain buying
ICE Canada canola futures rose on Tuesday for just the second time in 10 sessions, on bargain-buying and a slowdown in technical selling. Higher Chicago soyoil prices added strength to canola. * January canola gained $2.60 to $493.80 per tonne. Most-active March canola rose $2.40 to $501.10. U.S. soybean futures fell for the ninth time […] Read more
Rapeseed to decline in EU as biofuel wanes, exports to boost wheat- report
PARIS, Dec 18 (Reuters) – Rapeseed will lose ground as a crop in the European Union in the next decade as biofuel demand wanes and other oilseeds capture more growth from edible oil and livestock feed markets, according to the EU’s executive forecast. Rapeseed is the most produced oilseed in the EU but its prospects […] Read more
Canola falls $10.10 per tonne on week on comfortable supply
ICE Canada canola futures edged higher on Friday, halting a seven-session skid on support from a weakening Canadian dollar. Canola’s slide began with a Dec. 6 Statistics Canada report that showed a much larger Canadian canola harvest than expected. January canola added $1 to close at $495 per tonne. Compared to the previous Friday, the […] Read more
