Markets
Pulse crops Saskatchewan Pulse Growers says there has been a positive development in an ongoing market access issue with India. India has posted draft amendments to a plant quarantine order that had previously threatened to derail exports to Canada’s top pulse market. The document suggests India is willing to recognize and accept Canada’s systems approach […] Read more
Markets
India may move on fumigation issue
WP livestock report
Hogs rise Market-ready supply began to fall as it normally does this time of year, and packers had to pay more. Demand for pork is rising for spring barbecues, and export demand is strong. The U.S. national live price average for barrows and gilts was US48.75 per cwt. May 5, up from $43.25 April 28. […] 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 soar Here is one for the record books. The Canfax weekly average for steers soared […] Read more
Durum sales threatened as Italy seeks pasta labels
By Rod Nickel and Isla Binnie WINNIPEG, Manitoba/ROME, May 10 (Reuters) – Italy has this week formally asked the European Commission to allow it to require country of origin labels on pasta sold there, raising alarms for Canadian durum wheat exporters who fear the move will dampen sales. Italian Agriculture Minister Maurizio Martina said on […] Read more
VIDEO: Canada’s agricultural markets update – May 10, 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 dips on large global soybean stocks in USDA report
Canola futures fell on Wednesday, pressured by weakness in U.S. soybeans after a U.S. government report estimated rising global soy inventories. The stronger Canadian dollar also weighed on canola. The trade was also starting to wind down the wide spread between old and new canola prices. U.S. December corn futures rose 1.7 percent on after […] Read more
Cattle fall 2 pct on profit-taking reversal; hogs firm
CHICAGO, May 9 (Reuters) – U.S. live cattle and feeder cattle futures declined 2 percent or more on Tuesday, reversing from earlier gains as traders took profits on concern that surging prices could hurt beef demand, traders and analysts said. Lean hog futures were higher at the Chicago Mercantile Exchange but finished well off their […] Read more
India keeps Canadian lentil market at a standstill
Winnipeg, May 9 – Lentil prices are largely stagnant, one market participant says, as key buyer India sits on the sidelines. And from the outside, stocks appear ample, but new-crop production could shift the dynamic of Canada’s lentil market. Statistics Canada stocks data as of March 31 pegged lentil supplies at about 1.1 million tonnes, […] Read more
India may move on fumigation issue
Saskatchewan Pulse Growers says there has been a positive development in an ongoing market access issue with India. India has posted draft amendments to a plant quarantine order that had previously threatened to derail exports to Canada’s top pulse market. The document suggests India is willing to recognize and accept Canada’s systems approach to dealing […] Read more
Cattle mostly sharply higher on roll, beef gains
CHICAGO, May 8 (Reuters) – U.S. live cattle futures were mostly sharply higher on Monday, rising as investors rolled positions forward and as wholesale beef prices extended gains, traders and analysts said. Feeder cattle and lean hogs also climbed at the Chicago Mercantile Exchange, with all three recouping a portion of the losses notched on […] Read more
