D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts two markets videos, crops 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.
Oilseeds:
Drought in Western Canada and excess moisture in the U.S. Midwest are driving oilseed prices, with canola futures now the highest since 2013.
Cereals:
Wheat futures tried to rally on excess rains in the United States, but it is still hard for them to take off when world supply is not yet threatened, even with a drought evolving in most of Western Canada.
Cattle:
Canadian fed cattle prices break lower on a weaker U.S. cash market and lackluster beef consumption.
Feeder cattle auction numbers start to rise as producers in the western Prairies cull herd to save grass on their parched pastures.
