Source: D’Arce McMillan, Producer.com, December 21, 2017 Canola’s value compared to soybeans was fairly strong this fall, but its shine has dulled with recent events, particularly the decline in vegetable oil values. On Nov. 1, the value of January canola was $11.76 per bushel, while Chicago January soybeans, converted into Canadian dollars were $12.69, meaning… Continue reading Canola heads into holiday season on a downturn
Tag: Agriculture Markets
Management, Marketing and Differentiation
Agricultural producers are often too busy working in their business to work on their business. Taking the time to identify your operations strengths and weaknesses is much easier when there is a format to follow and real comparisons to be made. The second Western Canada Cow-Calf Survey (WCCCS II) is currently being conducted by the… Continue reading Management, Marketing and Differentiation
Oilseeds lower along with falling crude oil
Source: D’Arce McMillan, Reuters News Agency, November 14, 2017 Canola futures drifted lower along with the soybean complex on Tuesday. Soybean had also fallen on Monday when the ICE Futures Canada contract was closed for Remembrance Day. Corn was also lower, hitting a one-year low. Chicago wheat firmed a little but Minneapolis spring wheat was down. Improving… Continue reading Oilseeds lower along with falling crude oil
Oat prices firm as harvest rolls in
Source: Commodity News Service Canada, Dave Sims, October 3, 2017 WINNIPEG, Oct. 3 (CNS) – Oat prices firmed this week in Saskatchewan even as reports streamed in indicating yields were slightly better than anticipated. Harvest in Saskatchewan is over three-quarters complete although recent rains have delayed progress somewhat. The province is the dominant growing area for oats… Continue reading Oat prices firm as harvest rolls in
Beef sector looks at how to satisfy shoppers
Source: Barb Glen, The Western Producer, September 7, 2017 While social media implies consumers demand hormone and antibiotic-free meat, some meat buyers say it’s not an issue — yet CALGARY — The rows of steaks, roasts and hamburger in the grocery store meat case are near the end of the beef food chain. But what… Continue reading Beef sector looks at how to satisfy shoppers
Hogs jump most in 2 months on technicals, pork packer demand
Source: Michael Hirtzer, Reuters News Service, September 5, 2017 CHICAGO, Sept 5 (Reuters) – U.S. lean hog futures surged about 4 percent on Tuesday, boosted by chart-based buying and stronger demand from pork packers, traders and analysts said. Hog futures on the Chicago Mercantile Exchange notched the largest percentage gains in more than two months as prices… Continue reading Hogs jump most in 2 months on technicals, pork packer demand
U.S. July feedlot cattle placements smaller than expected
Source: Reuters News Service, August 25, 2017 CHICAGO, Aug 25 (Reuters) – Ranchers in July placed 2.7 percent more cattle in U.S. feedlots than a year ago, the U.S. Department of Agriculture reported on Friday, which fell short of average analysts’ forecasts. Dwindling profits for feedyards, after being paid less for their cattle by packers, discouraged… Continue reading U.S. July feedlot cattle placements smaller than expected
Local meat preferred, but price most important
By Barbara Duckworth, The Western Producer, November 3, 2016 While many consumers will pay more for Canadian product, most are not willing to pay a big premium for specialty meat EDMONTON — Canadians show their loyalty when buying meat, a new survey reports. People will pay more for fresh meat of Canadian origin and will… Continue reading Local meat preferred, but price most important
Canola and other crops fall on improving weather, increased US cash sales
By D’Arce McMillan, Reuters News Agency, The Western Producer, November 1, 2016 Canola posted the biggest one day loss in weeks on Tuesday, weighed down by a falling American crop market and a forecast for drier weather. Most traded January closed at $513.40, down $8.90 or 1.7 percent. It was a turn around Tuesday with traders… Continue reading Canola and other crops fall on improving weather, increased US cash sales
EU trade deal 'unbalanced' against Canadian meat, industry says
By Janyce McGreggor, CBC News, October 28, 2016 ‘Contrary to what you’re hearing, they don’t have safer meat,’ industry group says Protesting farmers urged Wallonia’s legislators to vote against Canada’s trade deal with Europe. Tractors were parked outside the regional legislature in Namur, Belgium, the day the no votes were cast. Then came Thursday’s declaration to save the deal.… Continue reading EU trade deal 'unbalanced' against Canadian meat, industry says