The Western Producer Markets Desk provides daily updates on agricultural markets, with recent video commentary including looks into canola, wheat, cattle and feed grains.
Markets
Catch up with the Western Producer Markets Desk
New YouTube market commentary released
ICE Canada Weekly: Canola poised to slip below C$600/tonne
Look for November canola to slip below C$600 per tonne by the end of Thanksgiving week, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
CBOT weekly: Soybeans/corn showing strength amidst harvest
Corn and soybean futures at the Chicago Board of Trade were showing some strength during the first week of October, despite seasonal harvest pressure keeping a lid on the upside.
Fund sell-off another bearish signal for canola
Sell-off picked up after Chinese tariff announcement, but it took until now to accumulate a significant short position
Funds turned bearish during the past week as they moved to a net short position in all grains and oilseed futures contracts.
Food exporters urged to ease reliance on U.S.
A Farm Credit Canada analysis of trade in the food and beverage sector examined ways to diversify markets
Farm Credit Canada says there is a $12 billion opportunity in diversifying food and beverage exports to markets other than the United States.
Input inflation shows need for more Canadian fertilizer
With grain prices much lower than in recent years and inputs high and in cases rising further, it will be difficult to fund farm operating costs this year, let alone fixed costs.
Grain farming on solid financial ground: Farm Credit Canada
Farm Credit Canada has positive outlook, but others say weak prices and high input costs taking toll
There may be situations are farmers are stretched financially, but overall the industry is healthy, says FCC
U.S. livestock: Cattle futures gain on higher beef values, tight supplies
Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed for a third straight session on Tuesday, propelled by rising beef prices and strong gains in the feeder cattle market, analysts said. Feeder cattle futures reached their highest point in six weeks on tight supplies of animals and an ongoing ban on Mexican imports […] Read more
U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties
U.S. soybean futures firmed on Tuesday on technical and seasonal buying after two sessions of losses, as traders monitored U.S. harvesting, Brazilian planting progress and updates on trade negotiations with China and a U.S. farmer bailout package.
‘Nothing bullish’ for sliding oats market
Oats futures at the Chicago Board of Trade have trended steadily lower for the past three months, with cash bids in Western Canada seeing a similar trend.
Markets