While many ranchers and producers visibly cringed at the announced positive BSE case found in northern Alberta earlier this month, the cattle markets barely seemed to bat an eye. Why was that? A rather under the weather Anne Wasko, of Gateway Livestock, joins Real Agriculture’s Shaun Haney on this latest Beef Market Update to talk… Read More
Category: Markets
Grains, for the most part, closed out the shortened trading week well below their mid-week highs as U.S. dollar-traded commodities faltered on the strong greenback. Canola bucked the trend, ending the week slightly higher as export and domestic demand continues to remain strong. Labour issues featured as the soup du jour though for the week… Read More
Grains ended this week with not a whole bunch for the bears or bulls to love for this Valentine’s Day weekend. All prices ended Friday higher with wheat being the big winner on the day, as the market looked at some easing of geopolitical risk in Europe as positive. While there’s discussions of a ceasefire… Read More
Prices for wheat, corn, soybeans and canola all declined on Tuesday following the release of the USDA’s February supply/demand report. “(The report) confirmed what the markets were thinking,” says Neil Townsend, director of market research with CWB in the interview posted below. “U.S. numbers were pretty firm — they’re not going to change the production… Read More
The Canadian Grain Commission announced today that it is starting consultations on whether it should license feed mills and extend payment protection to farmers who sell grain to feed mills in Western Canada. Producer organizations have been asking the CGC to consider expanding its payment security program to non-licensed buyers after two of Canada’s largest hog… Read More
Grain prices started the month of February looking to come out of the gate running – mainly from their January shadow (much like the groundhog did, but you probably don’t need a rodent to tell you if winter’s over or not if you live in Canada). Most of North American’s major growing regions are starting… Read More
There are signs the long-running dispute over U.S. mandatory country of origin labelling (COOL) rules for meat is moving closer to resolution, as a Canadian delegation led by Agriculture Minister Gerry Ritz visited Washington, DC. this week. “COOL is on life support,” Ritz told reporters on a conference call on Thursday afternoon. In what was the… Read More
Grain and oilseed markets showed little reaction to the latest stocks estimates from Statistics Canada released on Wednesday. The agency’s December 31st, 2014 stocks numbers were generally in line with trade expectations, with all-wheat pegged at 24.8 million tonnes and canola at 11.1 million (see all the numbers here.) Traders were expecting 25 million tonnes of… Read More
Despite the tumble in wheat futures over the last month, there are still reasons for growers to be optimistic about where wheat prices are headed, according to the president of LeftField Commodity Research. Chuck Penner shares his take on what’s happening in the grain markets in this video filmed at FarmTech in Edmonton. “I’m friendliest… Read More
Grain markets ended the month of January well below where they started, despite volatile currencies, weather, and geo-political risk keeping prices off the lows. Managed money continue to drop their net long positions in the agricultural complex recently to its lowest levels since October, mainly thanks to the strength of the U.S. dollar. Investors in… Read More