Markets
WINNIPEG — Feed barley and feed wheat appear to be settling into seasonal highs, says a market watcher in Alberta. “Whether it goes up much more remains to be seen,” said Jim Beusekom of Market Place Commodities in Lethbridge. “Between Easter and May long weekend, we’re probably at a high.” He says high vomitoxin (10 […] Read more
Markets
Prairie feed wheat and barley at seasonal highs
U.S. and China strike dealto expand agricultural trade
(Reuters) — The United States and China agreed last week on several issues affecting agricultural trade. They agreed to take action to expand bilateral trade in beef and chicken. China also promised to evaluate eight varieties of U.S. genetically modified crops by the end of this month. China will allow U.S. imports of beef no […] 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 fall The fed market gave back the gains from the previous week’s sharp rally. The […] Read more
WP livestock report
Hogs rise Seasonal tightening of market-ready supply and strong pork exports have put hog prices on an upward trend. The U.S. national live price average for barrows and gilts was US$53.66 per cwt. May 12, up from $48.75 May 5. U.S. hogs averaged $69.73 on a carcass basis May 12, up from $64.20 May 5. […] Read more
Farmers on Trump’s NAFTA radar
(Reuters) – The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he triggered a 90-day […] Read more
U.S. expects NAFTA talks in mid-August
WASHINGTON, May 18 (Reuters) – The Trump administration on Thursday set the clock ticking toward a mid-August start of renegotiations of the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he […] Read more
Sask seeding posts variable progress
Winnipeg, May 18 (CNS Canada) – Good seeding progress was reported across much of Saskatchewan during the week ended May 15, with 30 percent of the 2017 crop now planted, according to the latest weekly report from Saskatchewan Agriculture. The provincial seeding pace compares with the five-year average for this time of year of 33 […] Read more
VIDEO: Canada’s agricultural markets update – May 17, 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.
Hogs end mixed on profit-taking after 3-month high
CHICAGO, May 17 (Reuters) – U.S. lean hog futures jumped to the highest levels in three months on Wednesday, rising alongside wholesale pork prices before some hog contracts turned lower on profit-taking, traders and analysts said. Chicago Mercantile Exchange cattle futures were mostly higher, buoyed by expectations that U.S. consumers will buy more meat for […] Read more
CME hog futures hit 3-month high; live cattle 5-week low
CHICAGO, May 16 (Reuters) – Chicago Mercantile Exchange lean hog futures on Tuesday reached their highest level since mid-February, fueled by strong cash and wholesale pork prices, traders said. June futures led gainers after investors bought that contract and sold deferred months, prompted by bullish market fundamentals, traders said. June closed 1.475 cents per pound […] Read more
