Markets
Canada will likely export more wheat than the United States for the second consecutive year. That is just one development in a depressed wheat market fixated on large supplies. However, the supply, while large, is not necessarily as overwhelming as it appears on first glance. The difference between ample supply and shortage is fairly small, […] Read more
Markets
Growing U.S. stocks pose wheat market’s biggest problem
VIDEO: Canada’s agricultural markets update – Feb. 17, 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:
Weekly port price information
The following port price chart is information extracted from Agriculture Canada’s weekly price summary. The summary is for information only. The prices are believed to be accurate but are not endorsed by the government of Canada. The “Indicator Price” is collected from the International Grains Council and industry and represents a sample of FOB asking […] Read more
Turkish pasta imports contentious issue
The Canadian Pasta Manufacturers Associations says subsidized production is hurting local millers and wheat growers
Canadian pasta manufacturers want importers to stop bringing subsidized Turkish pasta into the country because it is hurting them along with millers and farmers. “Canada is becoming the North American dumping ground for cheap Turkish pasta,” said Don Jarvis, executive director of the Canadian Pasta Manufacturers Association (CPMA). “We are extremely concerned about the impacts […] Read more
Gluten-free demand spurs premium for buckwheat
A Manitoba seed dealer is offering $16.50 a bushel for new crop buckwheat because eastern Canadian demand is surpassing supply. Buckwheat flour is a hot item in parts of Quebec and Ontario, thanks in part to the gluten-free consumer trend. “Before it was in the bin (last year), I had a waiting list (of buyers),” […] Read more
Wheat carryout could be smallest since Dirty Thirties
Canadian non-durum wheat stocks by the end of the crop year could be the smallest since the 1930s as exports and domestic use gobble up available supply. Statistics Canada’s Dec. 31 stocks report, which was based on producer surveys, supported this view and also supported the agency’s canola production estimate, weakening the view of some […] Read more
Wild beef market volatility starts to calm down
SAN DIEGO, Calif. — The beef industry’s three year roller coaster ride should be slowing down. The U.S. beef market varied by 32 percent in 15 months with wild swings from record prices to dizzying losses, said market analysts at the Jan. 25-29 National Cattlemen’s Association meeting in San Diego. “We went through the third […] Read more
Crop sales make sense while loonie is weak
The cheap Canadian dollar provides a significant crop marketing opportunity, said analysts who spoke in Edmonton recently. When the dollar falls, Canadian farmers get more loonies for every sale on the world market, where transactions are generally priced in U.S. dollars. “We’re looking at an extremely weak Canadian dollar right now … even though it’s […] 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 falls The Canfax weighted steer average was $177.21 per hundredweight, down $1.72, while heifers were […] Read more
WP livestock report
HOGS EDGE HIGHER A Midwest snowstorm made delivery difficult, and packers had to increase bids to get needed supply. Seasonally tighter supply also supported prices. The average live slaughter weight of barrows and gilts in Iowa-Minnesota was 284.1 pounds two weeks ago, down .5 lb. from the previous week and down 2.3 lb. from a […] Read more
