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 CATTLE RISE The average fed steer price was $150.70 per hundredweight, up 74 cents, and heifers […] Read more
Markets
Canfax report
WP livestock report
HOGS RISE Cash hogs rose on retail buying for the coming Christmas holiday. However, commodity funds hold a net long position in lean hog, live cattle and feeder cattle futures, leaving the markets vulnerable to bouts of long liquidation. The U.S. national live price average for barrows and gilts was US$46.41 per cwt. Dec. 1, […] Read more
Argentine drought threatens to wallop late-planted corn and soy
CHIVILCOY, Argentina, Dec 6 (Reuters) — Juan Graneros does not remember the last time he saw rain fall on the soy and corn fields he leases in Argentina’s bread-basket province of Buenos Aires, and he and fellow farmers are starting to doubt they can recover investments made in this year’s crops. A drought that set […] Read more
Canola futures hang on even as crop gets larger
The Statistics Canada canola crop number today was bigger than expected, but the January contract price dropped less than $2 a tonne. Spring wheat futures dropped a little more on a percentage basis but U..S. crop markets were under pressure along with all commodities. TO SEE THE FULL STATSCAN STORY CLICK HERE Commodities on U.S. […] Read more
VIDEO: Canada’s agricultural markets update – December 6, 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.
Statistics Canada sees surprisingly big canola, wheat harvests
WINNIPEG, Manitoba/OTTAWA, Dec 6 – Canadian farmers harvested larger crops than expected this autumn, reaping record-large canola output and surprisingly big wheat and durum crops, a Statistics Canada report showed on Wednesday. Dry weather in some areas in the summer and a late harvest in Western Canada made the size of crops in the world’s […] Read more
StatsCan canola estimate higher than expected
Dec 6 — Statistics Canada’s crop report issued today put the canola crop at a new record of 21.3 million tonnes. That was higher than what the trade expected. The canola, spring wheat and durum numbers are higher than forecast in the agency’s September report that was based on models and remote sensing. Today’s report […] Read more
Canola rises again on dry Argentina
Canola futures rose Tuesday with continuing support from soybeans, that were lifted by concern about dry weather in Argentina. January soybeans rose to close above US$10 a bushel for the first time since Oct. 16. Traders in Canada were waiting in anticipation for Statistics Canada’s final crop report of the year issued tomorrow morning. Watch […] Read more
U.S. confirms duties on Argentine, Indonesian biofuel
CHICAGO, Dec 5 (Reuters) – The U.S. International Trade Commission (ITC) on Tuesday made a final finding that biodiesel imports from Argentina and Indonesia harm U.S. producers, ensuring that anti-dumping and anti-subsidy duties remain in effect for at least five years. The U.S. Commerce Department last month set steep trade barriers that brought to a […] Read more
Australia’s wheat crop forecast falls to 20.3 mln T
SINGAPORE, Dec 4 (Reuters) – Australia’s 2017-18 wheat crop forecast has been lowered, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said on Tuesday, after recent storms damaged the crop and following a severe drought earlier in the season that reduced yields. The world’s fourth-largest wheat exporter is forecast to produce 20.3 […] Read more
