Statistics Canada released its March 31 stocks report on Friday, and all eyes were on canola as prices continue to rise with tight supplies. Canola stocks for 2021 were significantly tighter than at the same time in 2020, which was not a surprise at all. The 37.7 per cent drop saw the stock tonnage go... Read More
Category: Markets
How about those cattle markets? Everything is on the move and demand is there, but getting the cash back to the producers at the end of the day has been tricky. To break it all down on this RealAg LIVE! host Shaun Haney is joined by Brian Perillat of CanFax. Don't miss a new RealAg... Read More
With the winter wheat crop advancing quickly and soybean prices hovering around $18, there's a lot of chatter in Ontario about double cropping soybeans in 2021. The topic commanded the attention of agronomists, researchers and agribusiness reps for almost 20 minutes at this week's virtual Ridgetown Agribusiness meeting. With the stars aligning, Ontario Ministry of... Read More
The strike at the Port of Montreal has ended following the passage of federal back-to-work legislation. Bill C-29 received Royal Assent after being approved by the Senate late Friday (April 30), mandating the resumption of all port activities at 12:01 am on May 1. It was approved by the House of Commons early Thursday morning.... Read More
If you're a cattle feeder who's been following the value of the Canadian dollar, you'll know it's not moving in the right direction for people in the export market. Combine that with rising feed costs and the price of feeder cattle, the input costs for the feeder are not headed toward higher profitability. Lethbridge barley... Read More
This cattle market is something right now, to say the least. Demand has been fantastic — exports are strong, and domestic consumption is there, and yet it's not making its way back to the primary producer in terms of pricing, creating a frustrating situation for feeders. Anne Wasko of the Gateway Livestock Exchange says that... Read More
Canola, wheat, pulse crops, barley, and more acreage numbers were released in Statistics Canada's report today. The numbers are what they are, and hopefully Statistics Canada was able to complete surveys that gave fairly accurate ones. To break it down for us, Neil Townsend, senior market analyst at FarmLink Marketing Solutions, joins Shaun Haney for... Read More
It's a big day when the Statistics Canada acreage report is released for all the major field crops in Canada. To understand if the numbers are above or below expectations, Shaun Haney is joined by Jon Driedger, grain market analyst with LeftField Commodity Research. To start the conversation off, canola acres are up from last... Read More
Update, April 25: Federal Labour Minister Filomena Tassi has given formal notice to Parliament that the government is prepared to introduce "An Act to provide for the resumption and continuation of operations at the Port of Montreal" if the two sides are unable to reach a deal. The legislation could be introduced in the House... Read More
A bill reintroduced by two U.S. senators on March 24 would see U.S. meat processing facilities — those that slaughter over 125,000 head of cattle each year — purchase 50 per cent of their weekly volume of beef slaughter in the open or "spot" market. Further, these animals would need to be processed within 14... Read More