Markets
Demand is steadily rising and the number of large farms certified organic increased by 15 percent over the last seven years
CHICAGO, Ill. (Reuters) — Sales from organic U.S. farms reached $5.5 billion last year, a 72 percent increase from 2008, the U.S. Department of Agriculture said in a report that highlighted the consumer trend toward such products. The USDA data, compiled through farmer surveys, showed that milk was the top organic commodity in 2014 with […] Read more
Markets
U.S. hog herd growth modest as profits shrink
(Reuters) — The U.S. hog herd grew four percent during the June-August quarter from a year ago, a U.S. Department of Agriculture report showed Sept. 25, as the industry continues to bounce back from a deadly pig virus, analysts said. The increase was close to analysts’ expectations. They said hog farmers added to their herds […] Read more
Will fertilizer prices rise next spring?
It would be wise to heed the conventional wisdom that fall is a good time to buy fertilizer, says Farm Credit Canada. An FCC analysis of the major factors that influence fertilizer prices suggests farmers should buy before the end of the year. The model concludes that fertilizer prices will likely increase two to five […] Read more
China’s faltering economy sends shivers in oilseed market
Talk about mixed marketing signals. China is the world’s largest importer of oilseeds, and the market is always trying to determine how much soybean, canola and palm oil it will take. And because the soybean trade is so large, it tends to set the general trend for other oilseeds. China’s long-term spectacular economic growth is […] 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 prices drop Sharply lower U.S. cash prices, dropping beef cutouts, falling Chicago cattle futures, seasonally slow […] Read more
WP livestock report
HOGS Declining carcass weights in the United States indicated producers were current in their marketing, which supported prices. Iowa-southern Minnesota hogs delivered were US$52.50-$53 per hundredweight Sept. 25, up from $50.50-$51 Sept. 18. U.S. hogs averaged $68.44 on a carcass basis Sept. 25, up from $66.94 Sept. 18. The U.S. pork cutout rose to $83.94 […] Read more
VIDEO: Canada’s agricultural markets update – Sept. 30, 2015
D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts three markets videos, oilseeds, cereals, and livestock. The videos are designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered. […] Read more
Canola and other crop futures little moved by USDA reports
A major USDA Sept. 1 stocks report issued Wednesday came in fairly close to expectations and so crop futures prices did not make major moves. Canola closed little changed at $476 a tonne, down 90 cents or 0.19 percent. The loonie edged higher and traders were reluctant to make changes ahead of Friday’s Statistics Canada […] Read more
Corn, soy stocks plentiful but below market outlook — USDA
WASHINGTON, Sept 30 (Reuters) – U.S. stockpiles of corn and soybeans are slightly smaller than forecast but supplies were still ample heading into what is expected to be a bumper harvest for both commodities, government data released on Wednesday showed. The U.S. Department of Agriculture in its quarterly grain stocks report said that U.S. corn […] Read more
CME live cattle, feeder cattle slump by daily price limits
CHICAGO, Sept 29 (Reuters) – Chicago Mercantile Exchange live cattle futures on Tuesday fell by their 3-cent per lb daily price limit as lower-trending wholesale beef values stirred expectations for another round of weaker cash prices later this week, traders said. Spot-October and December closed at 129.175 and 134.150 cents per lb, respectively. Live cattle’s […] Read more
