Markets
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:
Markets
Herd expansion crawls in volatile markets
A strong demand for quality grain fed beef and record large cow-calf profit margins may encourage larger herds
SASKATOON — Beef production through 2016 should be relatively stable as the cattle cycle slowly moves into an expansion phase, says Canfax research services manager Brenna Grant. Significantly reduced feeder exports through the second half of 2015 offset last year’s reduced calf crop, she told the Saskatchewan Beef Industry Conference. Last year also saw a […] Read more
Is port-country price data beneficial?
It can be misleading for farmers to draw conclusions by comparing port prices to those at their local elevator, says an analyst. Delegates attending Alberta Wheat Commission’s annual meeting passed a resolution calling on the commission to lobby the provincial and federal governments to require grain companies to report international sales prices. “Personally, I don’t […] Read more
China, Brazil shaking up international beef trade
SAN DIEGO, Calif. — Global beef production and trade are becoming a complex web with new players vying for position and mature markets looking for ways to sustain themselves. Brazil and China are two countries to watch, Rabobank agribusiness analysts Don Close and Matt Costello said during the National Cattlemen’s Beef Association’s Jan. 26-29 convention […] 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 stronger The Canfax weighted average steer price was $178.93 per hundredweight, up $1.62, and heifers […] Read more
WP livestock report
Hogs up Prices rose as supplies tightened as they normally do this time of year. Pork prices rose, helping improve packer profit margins. Packers might have increased buying to assure supply ahead of an expected winter storm in the U.S. Plains and Midwest. Iowa-Minnesota hog weights for the week ended Jan. 23 averaged 284.6 pounds, […] Read more
Canola stocks bigger than expected, wheat less ample
By Rod Nickel and Simon Doyle Feb 4 – Canadian stockpiles of canola were larger than expected at the end of 2015, but wheat was less abundant, and supplies of both shrank year over year, according to a Statistics Canada report on Thursday and an industry poll. The Dec. 31 stocks report was of particular […] Read more
Indian weather improves, but pulse demand to stay strong
India’s winter crop had better weather in January than it did in December. A warm dry November and December, following a below average summer monsoon, reduced seeded acreage and had farmers worried about the winter crop. However, the temperature cooled in January and there were showers, reducing the stress level on crops, although rain was […] Read more
TPP signed in New Zealand
After five years of negotiation, Canada joined 11 other countries in New Zealand to sign the Trans Pacific Partnership agreement. The signature from officials is the first step in the historic agreement, said New Zealand trade minister Todd McClay in a statement read by all 12 ministers. “TPP will set a new standard for trade […] Read more
VIDEO: Canada’s agricultural markets update – Feb. 3, 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:
