Category: Markets

The World Trade Organization has ruled against the United States once again in the ongoing dispute over American country of origin meat labeling (COOL) rules. Implemented in 2008, the Canadian government says COOL is costing Canadian cattle and hog producers a billion dollars per year. Legal Fight Against COOL Remains Alive, With WTO Ruling Coming... Read More

The darkest days in the flax industry are in the past and the future is looking bright, according to the head of the Flax Council of Canada. There's excitement surrounding flax, with new and more-diversified demand, stronger prices and a renewed effort to improve agronomic aspects of flax production, says Don Kerr, the new president... Read More

The volatility of the market is always a gut wrencher. The fundamentals of the beef market are still strong but the evidence of a correction this week was according to some very warranted. In this weeks Beef Market Udpate, Anne Wasko and Shaun Haney discuss this correction and the signs for the future. Additionally, Anne... Read More

Wheat markets were up about four percent in the post-Canadian Thanksgiving rally as the grain markets all headed higher on quality and harvest progress concerns. That in mind, because of the delayed U.S. harvest, there could still be a lot of grain that doesn’t have a home on the farm and so will be sold... Read More

Farmers of North America is asking the federal government to hold off on privatizing the Canadian Wheat Board to give the Saskatoon-based farmer business alliance more time to pitch its plan for turning CWB into a farmer-owned grain company. FNA has held over 100 farmer meetings across Western Canada over the last month asking farmers... Read More

Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast were in Ottawa today to announce an expansion to Canadian beef and livestock producer export opportunities. Negotiations in Qatar have resulted in its approval of all beef imports from Canada, a significant step in a market that could reach $2 million annually, according to industry... Read More

A creative and patient approach to marketing will be needed to maximize returns on the lower quality crop produced in Western Canada this year, suggests a farm management specialist with Manitoba Agriculture. Poor weather during the growing season and at harvest has resulted in a wide range of downgrading factors, including fusarium, mildew, sprouting and... Read More

Bunge is finally starting operations at its new canola processing plant at Altona, Manitoba. "The edible oil refinery is operating and we are testing the crush plant," confirmed Deb Seidel, a spokesperson for Bunge North America, in an email on Friday. The new facility is designed to process 2,500 metric tonnes per day — more... Read More

With the immense drop in fat cash cattle being sold on a weekly basis the reporting of sale data has changed. A high majority of fat cattle in Canada are being sold through forward contracting or formula (grid systems). Canfax is responsible to collect data from willing producers and report back information to the industry... Read More

There were no major surprises for the corn and soybean markets in the USDA report published on Friday, however the wheat ending stocks projections were lower than the trade was expecting. The smaller stocks, together with funds short-covering, have provided some support to wheat futures over the last week, explains Austin Damiani, commodities broker with... Read More