Markets
WINNIPEG — The following is a glance at the news moving markets globally. U.S. Federal Reserve to meet, make policy announcement Members of the U.S. Federal Reserve are starting their meeting today and are expected to conclude tomorrow. Markets fell ahead of the meeting because investors were uncertain about the outcome of an interest rate […] Read more
Markets
Global markets updates
Feed pea benchmarks declining
WINNIPEG — Following are highlights in the Canadian and world pulse markets from Monday morning. • Shortages and resulting high local prices in India remain at the forefront of the global pulse market. The government recently imposed restrictions on how many tonnes companies can store in an effort to curb hoarding. A number of state […] Read more
Canola futures post modest weekly gain on currency shift
The falling Canadian dollar helped canola edge higher on Friday, capping a week when November canola gained 0.6 percent. There was little news specific to canola. November canola gained $1.10 to $475.50 per tonne, remaining in the $470 to $480 range it has been in for weeks. We won’t know for sure until the StatsCan […] Read more
Researchers develop new vitamin-rich bean
WINNIPEG — Following are a few highlights in the Canadian and world pulse markets. • The Brazilian Agricultural Research Corp. is reporting that a new bean has been developed with vitamin B9 that is almost 84 times higher than conventional beans. Researchers in Brazil and Mexico teamed up to create the genetically modified variety. • […] Read more
Canola futures dip along with other crop prices
November canola again tried to beak above $480 per tonne and hold but again failed and closed Thursday slightly lower. November closed at $481.20, down $1.20. It was a generally down day in crop markets with U.S. traded grains under pressure from a stronger U.S. dollar and rain reaching the U.S. southern Plains wheat belt […] Read more
LIVESTOCK-CME live cattle futures close higher, hogs lower
CHICAGO, Oct 22 (Reuters) – Chicago Mercantile Exchange live cattle futures gained on Thursday in anticipation of an increase in prices for market-ready, or cash, cattle by Friday, traders said. Investors adjusted positions before Friday’s U.S. Department of Agriculture monthly Cattle-On-Feed report. USDA will issue the monthly cold storage report on Thursday at 2 p.m. […] Read more
Demand for North American durum turns into a balancing act
WINNIPEG — North American durum prices are teetering on an edge, and could be tipped higher or lower as the balance between producer selling and demand fluctuates, one U.S. analyst says. Canada’s production came in lower-than-expected due to drought during the growing season, which propped up durum prices, despite wheat’s global supply glut. While not […] Read more
North Dakota harvests record canola crop
Canola yields hit a new record in North Dakota this fall, thanks to cooler and wet weather over the summer. A U.S. Department of Agriculture production report from earlier in October said average canola yields in the state were 1,870 pounds per acre, or 37.4 bushels per acre. Barry Coleman, executive director of the Northern […] Read more
Canadian grain deliveries hit record high In September
WINNIPEG — September was a very busy month for grain handlers in Western Canada as farmer deliveries into the commercial pipeline hit their highest levels ever. Producers made deliveries of 5.879 million tonnes of the major grains and oilseeds during the month, topping the previous monthly record of 5.819 million tonnes set two years earlier […] Read more
VIDEO: Canada’s agricultural markets update – October 21, 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: Wheat […] Read more
