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. Fed cattle lower The weighted average steer price was $167.91 per hundredweight, down $1.02, which is the […] Read more
Markets
Canfax report
WP livestock report
Hogs little changed The Easter ham demand has passed, and dealers are watching to see how spring grilling season demand shapes up. The U.S. government’s quarterly hog report showed a small increase in the herd to a new record high during the December-January period. The data indicated that hog supplies should not become a burden […] Read more
U.S. hog herd ekes out quarterly high
(Reuters) — The U.S. hog herd grew modestly in the December-February quarter from a year earlier to a record high for that quarter. Farmers cautiously added to herds while shoring up their bottom lines following the surge in hog numbers as the industry recovers from the porcine epidemic diarrhea outbreak that killed eight million pigs […] Read more
VIDEO: Canada’s agricultural markets update – March 30, 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. Crops:
Facing losses and grain glut, U.S. farmers to plant more corn
MANHATTAN, Ill., March 29 (Reuters) – Three years into a grain market slump, U.S. farmers are set to plant more corn, taking a calculated gamble that higher sales will help them make up for falling prices without triggering even more declines. Forecasts suggest that at current prices growers will be able to cover their variable […] Read more
China delays implementation of new Canadian canola standard
WINNIPEG, Manitoba, March 29 (Reuters) – China has delayed implementing a tougher standard on Canadian canola shipments, just days before it was to take effect, as a result of talks between the two countries, a Chinese government spokesperson said. China’s new standard for foreign material in canola shipments will take effect Sept. 1 instead of […] Read more
Vessel lineups increasing at West Coast
The number of ocean-going vessels waiting to be loaded with grain at the Port of Vancouver has increased to 30. It’s the highest number the port has seen in more than a year. However, that doesn’t necessarily mean Western Canada’s supply chain for grain and oilseeds is functioning poorly, says Mark Hemmes of Quorum Corp., […] Read more
China may delay new canola dockage rules
It appears that the canola industry may get a little more breathing room to work out a dispute with China over dockage. China’s quarantine agency, AQSIQ, notified the Canadian Food Inspection Agency Feb. 22 that canola exports from Canada would have to contain less than one percent dockage beginning April 1. China is concerned dockage […] Read more
Less Canadian grain trucked south
A lot less western Canadian grain is being trucked over the U.S. border this year. But the U.S. market still plays an important role in offering farmers better prices, says a southern Manitoba marketer and adviser. “Elevators here don’t want to lose that handle,” said Brian Voth of Ste. Agathe, Man. “They know if they […] Read more
U.S. wheat acreage to hit 45-year low: USDA
Wheat plantings in the United States are expected to fall to their lowest levels since 1970, according to the U.S. Department of Agriculture. At its annual Agricultural Outlook Forum held in Arlington, Virginia, the USDA estimated total U.S. wheat area at 51 million acres, down six percent, or 3.6 million acres, from 2015-16. A report […] Read more
