Markets
Canada’s grain promoters see West Africa as a growing market. And former worries about problems with Canadian crop consistency and low gluten strength appear to be receding. “I think in large part any concerns have been really dispelled,” said Dave Burrows, Canadian International Grains Institute’s chief operating officer, who visited Ghana and Ivory Coast in […] Read more
Markets
African concerns about Canadian wheat quality ease
Canola shines in outlook for major crops
Canola is the one bright star in Western Canada’s grains and oilseeds outlook, says an analyst. “Canola should stay very steady in terms of price and give us some relatively good values,” Marlene Boersch, partner in Mercantile Consulting Venture told farmers attending CropSphere. That is because the crop’s balance sheet is rather tight due to […] Read more
Strong greenback increases market pain for U.S. farmers
The direction of crop prices in the coming weeks will largely depend on events outside of the grain supply and demand situation. And a little further down the road, the market will be watching how American farmers adjust seeding plans in the face of miserable prices. Jitters about the slowing growth in China, the U.S. […] Read more
Corn acreage expected to rise in Man.
Corn acres are expected to jump in Manitoba as seed dealers report strong sales this winter. Seed stocks are running short and producers who want to grow corn will need to make a decision soon. “Our grain corn and our silage and grazing corn, all of the products have expanded on acres this year,” said […] Read more
WP livestock report
Hogs edge higher U.S. cash hogs crept higher last week supported by stronger pork values but hog supply is ample, limiting gains Iowa-southern Minnesota hogs delivered were US$40-$40.50 per hundredweight Jan. 15, up from US$39–$39.50 Jan. 8. U.S. hogs averaged $52.77 on a carcass basis Jan. 15, up from $48.96 Jan. 8. The U.S. pork […] 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 The fed steer weighted average was $179.11 per hundredweight, up $2.16, and heifers were $178.35, […] Read more
VIDEO: Canada’s agricultural markets update – Jan. 20, 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:
Retreating equities undermine CME live cattle futures
CHICAGO, Jan 20 (Reuters) – Chicago Mercantile Exchange live cattle futures closed lower on Wednesday, pressured by falling U.S. stock futures amid the unrelenting slide in crude oil prices, traders said. February live cattle ended 2.050 cents per lb lower at 127.250 cents, and April closed down 1.975 cents at 128.175. Bullish CME live cattle […] Read more
Port price summary
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
Alberta launches survey; seeks farmer input on Bill 6
RED DEER, Alta. — An on-line survey by Alberta crop commissions hopes to gather farmer input about new farm safety legislation. Within hours of the survey being released Jan. 15, more than 300 people had filled out the survey, a sign farmers are interested in helping to shape the controversial farm bill, said Kent Erickson, […] Read more
