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. Steers up The Canfax weighted average steer price last week was $160.43 per hundredweight, up $2.09. Heifer […] Read more
Markets
Canfax report
WP livestock report
Hogs weaken The rally in hog prices that began in December might have stalled out last week. Lower cash hogs and pork weighed down the futures market, even though the monthly pork in cold storage report came in lower than expected. The U.S. national live price average for barrows and gilts was US$54.42 per cwt. […] Read more
VIDEO: Canada’s agricultural markets update – March 2, 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.
Informa raises Brazil soy crop forecast to 108 million tonnes -trade
CHICAGO, March 2 (Reuters) – Private analytics firm Informa Economics on Thursday raised its estimate of Brazil’s 2016-17 soybean crop to 108 million tonnes, from 106.5 million previously, two trade sources said. In a monthly report, the firm also raised its estimate of Brazil’s 2016-17 all-corn production to 91.0 million tonnes, from 89.0 million last […] Read more
Bank of Canada holds rates, watching ‘significant uncertainties’
OTTAWA, March 1 (Reuters) – The Bank of Canada acknowledged on Wednesday that fourth-quarter growth might have been stronger than anticipated, but it left interest rates unchanged at 0.50 percent as it focused on the “significant uncertainties” facing the economy. In an unusually short policy statement, the central bank maintained its cautious stance. It downplayed […] Read more
Swamped Brazil highway stalls soy trucks
SAO PAULO, March 1 (Reuters) – About 3,000 trucks carrying soybeans are backed up on a major road to port through the Amazon region that has become impassible due to swamps caused by heavy rainfall, highway police said on Wednesday. Trucks are bogged down on an unpaved section of the BR-163 highway in southern Pará […] Read more
(VIDEO) ‘Times are incredibly difficult’: U.S. farmer
Western Producer reporter Sean Pratt is in San Antonio, Texas attending the Bayer AgVocacy Forum and the 2017 Commodity Classic. He is filing a blog touching on some of the daily highlights from those two events. Look for full stories about some of those topics in upcoming issues of The Western Producer. SAN ANTONIO, Texas […] Read more
Commodity Classic news and issues from Texas
Western Producer reporter Sean Pratt is in San Antonio, Texas attending the Bayer AgVocacy Forum and the 2017 Commodity Classic. He is filing a blog touching on some of the daily highlights from those two events. Look for full stories about some of those topics in upcoming issues of The Western Producer. SAN ANTONIO, Texas […] Read more
Wheat disease sees Canadian farmers looking at oats
Winnipeg, Feb. 27 (CNS Canada) – Canadian farmers are showing an increased interest in seeding oats this spring, despite a lack of activity from a pricing standpoint, as quality concerns in wheat and barley have growers looking to other cereals. “We are seeing a huge influx of acres into oats,” said Scott Shiels, grain procurement […] Read more
LIVESTOCK-CME live cattle futures score 10-month high on beef demand
CHICAGO, Feb 27 (Reuters) – Chicago Mercantile Exchange live cattle futures reached their highest since late April 2016, driven by short-covering amid brisk wholesale beef demand, said traders. They said speculators bought deferred cattle contracts after Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report proved less bearish than some had anticipated. February live cattle, which […] Read more
