Markets
The Canadian Food Inspection Agency has approved the inclusion of 10 percent camelina meal in layer hen rations. A promoter of the crop hopes that will be enough to convince someone to build a crush facility in Saskatchewan. The CFIA had previously approved camelina meal for broiler chicken rations at levels of up to 12 […] Read more
Markets
Camelina OK for hen rations
Oat expert predicts 2017 rally
Oats might have ended their recent rally, but analysts are not expecting them to fall back into the gutter. Oat supplies are so short that another rally is likely, although not for a few months. “We’re closer to the record low than the average and that’s only taking half the (possible) production loss into account,” […] Read more
Copper rally unlikely to mark commodity boom
Is there such a thing as Dr. Copper? In the world of metal commodity trade, copper is seen to have predictive power concerning the global economy. In a way, the Dr. Copper moniker is similar to the adage “oats knows” in the grain world. A rise or fall in oats was once considered to be […] Read more
WP livestock report
Hogs fall Large market-ready hog supply and huge slaughter numbers kept the pork supply strong and put downward pressure on hog prices. Packers are adding extra shifts to handle all the hogs, and so the slaughter pace in the U.S. is running above the stated capacity of the existing plants, which is 2.45 million, based […] 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 lower There was insufficient trade to establish a Canfax weekly weighted average price for steers […] Read more
Black Sea wheat looks good
The wheat crop in the Black Sea region is in good shape heading into winter, which is creating the prospect for another big crop in 2017. The region produced a record 114 million tonnes of wheat this year because of good spring and summer growing conditions. UkrAgroConsult is forecasting 54.1 million tonnes of Black Sea […] Read more
Pulse processor optimistic on exports to India
AGT president believes the drop in pulse prices will cause Indian growers to switch to more lucrative crops like wheat
The head of the world’s largest pulse processing company is more optimistic about export prospects to India than some market analysts. Murad Al-Katib, president of AGT Food and Ingredients, believes India’s crop is not going to be nearly as big as the Indian government and analysts are forecasting. India has set a target of 20.75 […] Read moreBlack Sea region completes winter wheat sowing, with mixed results
KIEV/MOSCOW, Nov 17 (Reuters) – Major Black Sea grain producers Ukraine and Russia have almost completed winter sowing, with Russia benefiting from good weather conditions whereas cold temperatures pose risks to Ukraine’s crop, analysts and traders said. Favourable weather conditions in Russia have allowed farmers to increase the sowing area and they expect a good […] Read more
VIDEO: Canada’s agricultural markets update – November 16, 2016
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.
Strong cash prices boost CME live cattle to 2-month high
CHICAGO, Nov 16 (Reuters) – Chicago Mercantile Exchange live cattle futures on Wednesday reached their highest level in two months, driven by fund buying and better-than-expected cash prices, said traders. December live cattle closed up 2.725 cents per pound to 108.200 cents, and February ended 1.975 cents higher at 108.500 cents. On Wednesday packers paid […] Read more
