Markets
WINNIPEG — The cold, wet weather that has downgraded the quality of some of Canada’s main staple crops isn’t having the same effect on mustard, according to two experts on the specialty crop. Much of this year’s harvest is already over, but a significant number of acres remain in Saskatchewan and Alberta, said Walter Dyck […] Read more
Markets
New food guide has clout to alter eating habits
Health Canada is revising Canada’s food guide for the first time in nearly a decade. Commodity groups are keenly interested in what recommendations will be contained in the new guide because it can have a big impact on consumption patterns. But this time around, the groups won’t have the same influence on shaping the guide […] Read more
Canaryseed outlook depends on late harvest success
If farmers manage to harvest their canaryseed crops there should be plenty of supply, but that’s a big if, says an analyst. Saskatchewan Agriculture reports that half of the crop was still in fields as of Oct. 24. Canaryseed and flax are typically the last crops harvested, so it is not unusual for farmers to […] Read more
Sask. tax incentive entices B.C. firm
Agrocorp Processing plans to take advantage of provincial incentives to move its Canadian head office from Vancouver to Moose Jaw. Design work is underway for an office building next to the pulse processing plant that has been operating in the city since 2013. Colin Topham, managing director of Agrocorp Processing, said the company is evaluating […] Read more
Winter cereal acres unclear due to wet conditions in Man., Sask.
WINNIPEG — Variable conditions across Manitoba and Saskatchewan have made it difficult to estimate winter cereal acreage, the head of an industry group says. But crops that are in the ground have seen mostly favourable weather. Jake Davidson, executive director of Winter Cereals Canada Inc., said he’s waiting for data from Statistics Canada due Dec. […] Read more
WP livestock report
Hog slaughter record The week’s U.S. slaughter set a new record high at 2.532 million, topping the previous record set two weeks previously. As packers approach capacity, the hog price again weakened. Hog supply was ample. Iowa State University calculations put the average net loss for hogs marketed in the state in September at -$15.77 […] 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 up The weighted average steer price was $138.43 per hundredweight, up $3.51, and heifers were […] Read more
Rain delays Australia wheat harvest, could dampen exports
SINGAPORE/SYDNEY, Nov 10 (Reuters) – Rain is delaying the wheat harvest in parts of Australia, threatening to disrupt deliveries from the world’s No.4 exporter of the grain to key markets such as India and Indonesia. Expecting a near-record crop of close to 30 million tonnes, exporters had sold new-crop wheat for shipment in November and […] Read more
VIDEO: Canada’s agricultural markets update – November 9, 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.
CME live cattle futures shrug off early losses
CHICAGO, Nov 9 (Reuters) – Chicago Mercantile Exchange live cattle futures closed higher on Wednesday after bargain buying and cash price expectations offset initial selling, said traders. CME cattle and hog market participants at first sold futures after Donald Trump unexpectedly won the U.S. presidential election on Tuesday. “People are still concerned about what a […] Read more
