Believe it or not, winter is going to quickly come to an end, and cattle markets are picking up on this. As we pass mid-February, the seasonality in the cutout price is starting to pick up, says Anne Wasko of the Gateway Livestock Exchange, as we make it through the lull of January and February…. Read More
Category: Markets
The former governor of the Bank of Canada says he expects inflation will drop quicker than many are predicting and that real interest rates will remain low in the long term. Stephen Poloz shared his economic outlook during a keynote presentation at the CropConnect Conference in Winnipeg on Wednesday. Many of the economic parameters that… Read More
North American pork supply is predicted to be tight in the first quarter of 2023, with uncertainty around consumption levels, but there is hope for increased trade opportunities. Cost pressure is increasing across the board from feed, to labour, to fuel. The value chain is feeling this inflationary pressure, says Christine McCracken, senior analyst of… Read More
All eyes were on the global supply situation as the United States Department of Agriculture (USDA) released its February World Agricultural Supply and Demand Estimates (WASDE) report on Wednesday. The ongoing drought in Argentina, and the Russia/Ukraine war have many focused on global stocks and balance sheets. Overall, the report was seen as generally neutral,… Read More
Wheat markets tend to err on the side of boring, as its one crop that is grown in essentially every region of the world. That said, ignoring what’s ahead for the market could leave real dollars on the table if growers aren’t paying attention to market moves. Neil Townsend, of FarmLink Marketing Solutions and GrainFox,… Read More
We’ve got some supply issues in the cow/calf sector, and we need to rebuild the U.S. cow herd. This is the message that Kevin Good, vice president of CattleFax, is sharing this week at the National Cattlemen’s Beef Association Conference (NCBA) at New Orleans, Louisiana. After four years of massive liquidation across parts of North… Read More
There are convincing arguments to be made on grain markets moving to the up and to the down side. Right now, the bulls seem to have a slight edge, but all that could change quickly, says Neil Townsend of FarmLink Marketing Solutions and Grainfox. A general lack of big news has kept markets in a… Read More
Imperial says it plans to spend around $720 million on building the largest renewable diesel facility in Canada at its Strathcona refinery near Edmonton, Alta. The plant is expected to produce more than one billion litres of renewable diesel annually from locally sourced feedstocks, including canola oil, the company said on Thursday, noting this fuel… Read More
It’s been nearly two years since the first in a series of five separate announcements were made regarding plans to build or expand canola crush facilities in Saskatchewan, largely in response to low-carbon fuel policies driving demand for canola oil. Announcements are one thing, but actual construction is another. While Ceres Global Ag has since… Read More