Markets
ST. JEAN BAPTISTE, Man. — Canadian farmers should continue to be shielded by a relatively weak loonie and friendly domestic stocks of crop, says analyst Bruce Burnett of G3 Canada. But farmers shouldn’t count on continued strength in world oilseed prices nor a significant de-cline of the world glut of wheat. “I know prices aren’t […] Read more
Markets
Canadian prices buoyed by weak loonie
Argentine soybean, corn seeding delayed by rain
BUENOS AIRES, Argentina (Reuters) — Expectations of big South American soybean and corn crops have been thrown into question by weather in Argentina. Brazilian weather is still favour-able to a big crop, but in late December and early January storms pounded Argentina’s breadbasket province of Buenos Aires, delaying corn and soy planting. The country is […] Read more
Severe frost may damage Ukraine’s winter crops
KIEV, Ukraine (Reuters) — A sharp fall in temperatures in Ukraine may have damaged the country’s winter grain crops be-cause of a lack of snow cover on the fields, analyst UkrAgroConsult said. A cold snap starting Jan. 6 caused air temperatures to fall to an average 13 to 17 Celsius below zero, and perhaps even […] 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 market stronger In an abbreviated report, Canfax said the weighted average for steers was $159.47 per […] Read more
WP livestock report
Cold weather in the United States slowed hog delivery, but retailers had adequate inventory and slowed their buying. Markets will closely watch domestic and export demand in coming weeks. Demand was excellent in December, supporting strong processing margins in the U.S. The U.S. national live price average for barrows and gilts was US$42.30 per hundredweight […] Read more
U.S. winter wheat plantings lowest since 1909; stocks swell
WASHINGTON, Jan 12 (Reuters) – U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29-year high, the U.S. Department of Agriculture said on Thursday. The report was considered generally bullish as prices rose following the release. USDA also dialed back its […] Read more
VIDEO: Crop plans and prices at Crop Production Show
Mike Raine, The Western Producer’s managing editor, hits the trade-show floor at the Crop Production Show in Saskatoon to get some opinions about the markets and specialty crop plans for 2017. 0:15 – Brennan Turner, Farmlead 3:10 – Kent Anholt, Rayglen Commodities 5:10 – Scott Shiels, Grain Millers 7:10 – Kevin Hursh
Profit-taking, beef quotes drop CME live cattle futures
CHICAGO, Jan 11 (Reuters) – Chicago Mercantile Exchange live cattle futures were pressured on Wednesday by profit-taking, partly in response to sharply lower wholesale beef values, said traders. February live cattle closed 0.400 cent per pound lower at 119.125 cents. CME live cattle will return to its normal 3-cents trading limit on Thursday after failing […] Read more
VIDEO: Canada’s agricultural markets update – January 11, 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.
Canadian canola crushers running at full steam
Winnipeg, Jan. 6 (CNS Canada) – Canadian canola crushers showed no signs of slowing their record pace over the Christmas and New Year’s holidays, with the weekly crush topping 200,000 tonnes for only the second time ever. The canola crush during the week ended Jan. 4 came in at 200,294 tonnes, according to the most […] Read more
