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 The fed steer weighted average was $179.11 per hundredweight, up $2.16, and heifers were $178.35, […] Read more
Markets
Canfax report
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
Canola makes slight gains
With U.S. markets closed for the Martin Luther King, Jr. Day holiday, canola had a chance to edge back a little of the value it had been losing. Canola rose $2 per tonne to $486.70 on the Winnipeg canola futures March contract, and $2.40 to $494.30 for May. “Canola was firm but quiet. It was […] Read more
EU food safety watchdog hits back at scientists in glyphosate row
BRUSSELS, Belgium — The head of Europe’s food safety watchdog has written to a group of senior scientists, strongly rejecting their criticisms in a row about the safety of glyphosate. The European Food Safety Authority, which advises European Union policymakers, issued an opinion in November that glyphosate is unlikely to cause cancer. It was at […] Read more
India debates GM oil mustard launch
NEW DELHI, India — India’s chief scientific adviser has urged prime minister Narendra Modi to decide the fate of the country’s first genetically modified food crop, mustard, and a recent meeting suggests authorities may support commercialization. While the path to a commercial launch is fraught with political opposition, allowing GM crops is critical to Modi’s […] Read more
Belated cold spell to benefit French crops
PARIS, France — The arrival of seasonably cold weather in France in the next few days should benefit cereal crops and ease concerns about unusually mild conditions so far this winter in the European Union’s top grain grower, farm office FranceAgriMer said. Crop observers and grain traders have been concerned that a warm December across […] Read more
South Africa’s drought devastates crops
HOOPSTAD, South Africa — Driving his pick-up truck down a dirt road, farmer Petrus Roux points to scorched fields that should be a sea of green maize, part of South Africa’s western grain belt. The worst drought in over a hundred years has devastated crops and could tip the economy into recession, adding to a […] Read more
