By Ed White, The Western Producer, July 18, 2016 Crop futures were up across the board Monday, but canola continued its weak performance, lagging the rest of the market. Cereal grain contracts were all up by more than one percent, but soybeans only gained about half as much and canola was weaker than soy products.… Continue reading Crop futures up, but canola continues soft
Tag: Agriculture Markets
Supply worries again sink CME live cattle to 5-year low
By Reuters News Service, Theopolis Waters, The Western Producer, July 12, 2016 CHICAGO, July 12 (Reuters) – Chicago Mercantile Exchange live cattle futures on Tuesday sank to a five-year low for a second straight session in anticipation of weak cash prices by Friday, traders said. August ended 0.450 cent per lb lower at 108.900 cents, and… Continue reading Supply worries again sink CME live cattle to 5-year low
An awful lot of lentils’ may be coming
By Sean Pratt, The Western Producer, July 7, 2016 Statistics Canada’s estimate for 5.8 million acres could mean excess supply and lower prices There were only a couple of surprises in Statistics Canada’s June seeding intentions report but one was a doozy. “What jumped out to me the most was the lentils,” said Derek Squair,… Continue reading An awful lot of lentils’ may be coming
Crop futures down sharply as favourable weather blankets Midwest, Prairies
By D’Arce McMillan, Reuters News Agency, The Western Producer, July 5, 2016 Crop markets were hammered lower on Tuesday as crops continue to enjoy mostly favourable weather. New crop November soybeans fell 5.3 percent, while November canola dropped 2.13 percent, with the worst effects of the U.S. market decline offset by the falling loonie. The… Continue reading Crop futures down sharply as favourable weather blankets Midwest, Prairies
Mexico will fully open to Canadian beef in October
By Barb Glen, The Western Producer, June 28, 2016 Mexico closed its borders to all Canadian beef in May 2003 but reopened later that year to beef from cattle under 30 months of age. It stayed closed to beef from cattle older than 30 months and to some types of beef offal. Mexico says it… Continue reading Mexico will fully open to Canadian beef in October
Brexit an opportunity for Canadian farmers and food?
By Ed White, The Western Producer, June 25, 2016 Lots of people are shocked by the Brexit vote, which saw citizens of the United Kingdom vote to leave the European Union. I was surprised. I was a Remain supporter. (My parents were born and raised in the UK and all my relatives other than my… Continue reading Brexit an opportunity for Canadian farmers and food?
Three Amigos talks: Canada pushing Mexico to fully reopen beef market
By Janyce McGregor, CBC News, June 27, 2016 Mexican market for beef from Canadian cattle over 30 months of age never reopened after BSE closures Canada is pushing Mexico to fully reopen its market to Canadian beef, and hopes to announce a breakthrough at this week’s North American leaders summit. If it succeeds, it will be an… Continue reading Three Amigos talks: Canada pushing Mexico to fully reopen beef market
Virtually no Canadian lentils left; market awaits new crop
By Erin DeBooy, Commodity News Service Canada, June 20th, 2016 WINNIPEG, June 20 (CNS Canada) – Old crop Canadian lentil stocks may be higher than previously thought, but they’re not high enough to affect the market, especially as anticipation mounts for the possibly record-large new crop. Agriculture Canada’s June supply and demand report shows lentil… Continue reading Virtually no Canadian lentils left; market awaits new crop
Signals point to calf price uncertainty
By Karen Briere, The Western Producer, June 16, 2016 The current volatility on the Chicago Mercantile Exchange is a strong indicator of uncertain calf prices this fall, says Saskatchewan Crop Insurance Corp., which administers the Western Livestock Price Insurance pilot program in the province. May 31 was the last day to buy calf policies for… Continue reading Signals point to calf price uncertainty
Cattle plummets on surging feed costs, demand worries
By Michael Hirtzer, Reuters News Service, June 13, 2016 CHICAGO, June 13 (Reuters) – U.S. live and feeder cattle futures each plummeted by their daily trading limits on Monday, declining in a technical selloff triggered in part by rising animal feed prices, traders and analysts said. Losses in feeder cattle of roughly 3 percent outpaced… Continue reading Cattle plummets on surging feed costs, demand worries