Markets
online exclusive crop survey Turn to our website, producer.com, on Dec. 4 for coverage of Statistics Canada’s crop production survey. Most of the trade expects the canola crop estimate will rise to a number that begins with 15, an increase of a million tonnes or more above Statistics Canada’s September forecast of 14.3 million. But […] Read more
Markets
StatsCan releases December crop production survey
Record cattle prices are over: now what?
ROCKY MOUNTAIN HOUSE, Alta. — Canadian cow-calf producers can expect profitability to continue for a couple more years, but 2015 was probably the peak of the market in the current cattle cycle. Canada enjoyed a longer stretch of record high prices than the United States, which probably saw its peak last year, said market analyst […] Read more
Russia’s winter grain in better condition
MOSCOW, Russia (Reuters) — Russia’s winter grains are in a better condition than last year, said Anna Strashnaya, head of the agricultural department at state weather forecaster Hydrometcentre. However, Ukraine’s winter crops are suffering. Russia harvested more than 102 million tonnes of grains in 2015, and officials have yet to issue their estimate for the […] Read more
Canola oil content disputed
There is some dispute about the oil content of this year’s canola crop. The Canadian Grain Commission reports the mean content of No. 1 canola in Western Canada this year is 44.3 percent based on 1,798 samples. That is almost identical to last year’s number of 44.2 percent. However, based on an oil analysis of […] Read more
Canola’s market promising but price may not rise: analyst
Canola market fundamentals look promising but don’t expect a big price response, says an analyst. Production problems in key exporting and consuming regions have created a bullish picture for the crop. The Australian Oilseeds Federation expects a 2.96 million tonne crop. That is better than what many forecasters expected. The country got timely rains to […] Read more
U.S. hard red winter wheat crop in good shape after rough start
The U.S. hard red winter wheat crop is looking good as it heads into dormancy, says an industry official. “In most places, on average, we’re probably in pretty good shape right now,” said Mark Hodges, executive director of Plains Grains Inc., a company that conducts quality testing of the U.S. winter wheat crop. The crop […] Read more
Canfax report
Fed cattle steady Packers started where they left off the previous week, bidding $255-$270 per hundredweight rail grade delivered. Fed steers live averaged $159.90 per cwt. Interest was mixed, with one Alberta plant more aggressive on the cash market than the other. One plant was buying cattle for end of December delivery, while the other […] Read more
WP livestock report
Hogs steady Hog futures hovered near six year lows, but the premium of the front month contract over the deferreds indicated demand might be picking up. U.S. market-ready hog supply is ample, but strong packer profits allowed them to offer mostly steady prices. Iowa-southern Minnesota hogs delivered were US$39-39.50 per hundredweight Nov. 27, slightly up […] Read more
Markets are sunny for Manitoba’s sunflower crop
Planted acres have been declining over the past decade, while prices and yields have both pushed higher
Manitoba sunflower growers didn’t reap a bumper crop this year, but the industry is well positioned for growth because acres are on the rise and yields this fall were decent. Troy Turner, National Sunflower Association of Canada agronomist, said most producers were satisfied with the oilseed’s performance in 2015. “With (rain) and the humidity we […] Read more
VIDEO: Canada’s agricultural markets update – December 2, 2015
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: Oilseeds […] Read more
