Category: Markets

There are some topics that can be covered in a snippet — perhaps a three or four minute recap or update on the latest happenings. The current status of Russian’s war on Ukraine and the cascading impacts on everything from grain markets to geopolitical leader wrangling is not one of those topics. In this lengthy-but-very-worth-the-listen… Read More

What does a wizard have to do with cattle prices? Nothing really, but it would seem that there are some zany factors at play in cattle production where somehow cattle prices are climbing even as feed costs are dropping. Is it magic? Not quite, says Anne Wasko of the Gateway Livestock Exchange, but prices are… Read More

The current down trend for grains and oilseeds is being driven by weather here at home and around the world. In just the last couple of weeks the markets have bumped a little off the lows, most notably in corn. Why is that? As Ted Seifried, with Zaner Ag Hedge, explains, it’s all being driven… Read More

Cattle producers have reasons to smile right now, as strong prices and strong demand paints a rosy picture for the short-term. Hog producers, however, aren’t so lucky as prices dip. At the same time, grocery bills are rising and consumers have tough choices to make on protein — will they keep buying beef, even at… Read More

Update, June 9: The Canadian government has decided to sign on as a third party in the United States’ request for dispute settlement consultations regarding Mexico’s restrictions on biotechnology in agriculture. The U.S. government’s challenge of Mexico’s ban of genetically-modified (GM) corn for common food uses is being closely monitored in Canada, specifically in the… Read More

The current commodity markets are a key economic indicator, and as many are well aware, in the commodity world the key indicator is crude oil. Where crude goes, so does the rest of the commodities, says Errol Anderson, president of ProMarket Communications Inc., based at Calgary, Alta. As things look according to Anderson, there’s  a… Read More

Cattle markets have held their own over the last week, with prime grilling season underway heading into the Memorial Day weekend in the U.S. and Father’s Day around the corner. U.S. cattle prices this week ranged from one to three dollars higher, from south to north, explains Anne Wasko of the Gateway Livestock Exchange in… Read More

Olymel says it has “made the difficult decision” to reduce its hog operations in Western Canada due to continued financial losses and uncertainty in pork markets. Approximately 80 employees at five sow facilities in Alberta (Smoky Sow/Dev, Pinnacle 1, Pinnacle 2, Dynacrest 1 and Dynacrest 2) and one farm in Saskatchewan (Kelsey) have been given… Read More

Concerns about drought stress in the U.S. wheat growing area may have bumped the slumping wheat market higher for a day or two, but farmers deciding when to sell both old and new crop need to look at the bigger picture, including the overall economic slowdown, global crop production, and higher interest rates, says the… Read More