In addition to trying to provide the best agricultural news and information in print, online and in social media and email reports, we at The Western Producer are beginning to produce video content. We’ve had videos on Producer.com for several months, most of them focused on agricultural machinery and farm life. In the last couple […] Read more
Markets — page 930
Forget cartoons; weekends are for Producer video
Huge carryover will be headache until 2015
CWB market analyst is particularly worried that large domestic and international oilseed supply could sink canola prices
Prairie farmers will feel the reverberations of last year’s large crop and the inability to move it well beyond this crop year, according to two new forecasts. There has been plenty of talk about the looming carryout at the end of 2013-14, but it’s the following year that worries Neil Townsend, director of CWB Market […] Read moreRail jam blamed for tepid crush pace
Slow start last fall | Growers are annoyed with low prices being offered, saying crusher profits are excessive
Canola farmers are disappointed with the prices they are receiving for their seed at crush plants and the volumes running through those facilities. Members of the Canadian Oilseed Processors Association (COPA) had processed 3.36 million tonnes of canola as of Jan. 29, down from the previous year’s pace of 3.58 million tonnes. Although processing is […] Read moreAging producers, drought aftermath hinders expansion
The expansion phase of the U.S. cattle cycle is long overdue but a host of factors are working against herd rebuilding and are forcing segments of the industry to consolidate. The cattle cycle, where the herd expands and contracts at regular intervals of 10 to 12 years, has been in place since the end of […] 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 down slightly U.S. cash cattle prices fell from the record of about $150 US per […] Read more
WP livestock report
Hog prices steady U.S. hog prices varied little as cold weather and icy roads made transportation to packers difficult. Slaughter was affected by plant closures caused by bad weather. A larger Saturday slaughter was planned to make up for lost time during the week. Tyson Foods said the porcine epidemic diarrhea virus is expected to […] Read more
Anticipation of lower cash trade pressures CME cattle
By Meredith Davis CHICAGO, Feb 6 (Reuters) – Chicago Mercantile Exchange live cattle futures ended slightly lower on Thursday pressured by expectations of lower cash trade, and weaker wholesale beef prices, traders said. Beef packers will be reluctant to pay higher prices for cattle in the cash market as wholesale beef prices come off recent […] Read more
Canadian dairy producer Saputo eyeing further buys
Feb 6 (Reuters) – Canada’s largest dairy producer Saputo Inc , which recently won control of Australian dairy Warrnambool Cheese and Butter Factory Company, is hungry for further acquisitions in that country, as well as in New Zealand, Brazil and the United States, Chief Executive Lino Saputo Jr. said on Thursday. Saputo gave no indication […] Read more
U.S. oat price soars to an all-time high on Canadian rail woes
CHICAGO, Feb 6 (Reuters) – The U.S. oat market soared to an all-time high on Thursday, ignited by a razor-thin supply of oats moving into the United States from top exporter Canada in the wake of logistical nightmares. Chicago Board of Trade oat futures rose the 20-cent daily trading limit – notching a record high […] Read more
Indian forecast for good pulse crop questioned
One of the world’s largest pulse crop processors is casting doubt on reports about India’s looming bumper crop. “The word from the Indian trade is that seeded acreage is down and the overall yields are projected to be average to sub-average,” said Murad Al-Katib, president of Alliance Grain Traders Inc. That contradicts official reports from […] Read more
