Initial market reaction to an incoming Donald Trump presidency has been positive for most financial markets, however commodity market moves haven’t been as decisively upward as the market digests several unanswered questions. Neil Townsend, market analyst with Grainfox, says the very early reaction on Wednesday trended a little negative, even, and that’s not likely a… Read More
Category: Markets
Trade in Canada’s agriculture sectors depend not only on having reliable products to take to market, and the capacity to get them there, but also on industry advocacy and the ability to lobby the government for the needs of each sector. Stephen Heckbert, executive director of the Canadian Pork Council (CPC), says that their organization’s… Read More
As the calendar moves toward 2025, global pork producers, despite improving profitability, continue to face challenges from trade, disease and demand uncertainties. In its recent report on global pork markets, Rabobank says these questions as well as the potential impacts of political instability and La Niña further complicate a market that is currently experiencing a… Read More
Discussions surrounding different agricultural policies and their impacts on Canadian industry have been a common theme in the last while. A few of those policies that could end up having a notable impact are three that are in the process of being introduced in the United States. In an interview about these three policies and… Read More
Holiday season — the U.S. Thanksgiving and Christmas time of year — is around the corner, and that’s showing in the beef market. The upcoming holidays are impacting the choice cutout and while the chuck primal is starting to come off, the strength of the market is in the loin and rib cutouts, says Anne… Read More
Farmers have been slow to price crop and while that won’t drive prices higher, it could be playing a factor in providing a bit of a floor for crop prices, says Jon Driedger, market analyst with LeftField Commodity Research. Markets are definitely a little ho-hum these days, he says, with most crops being range-bound. Canola… Read More
The Canadian Grain Commission has announced that they will be compensating producers who were not paid for grain delivered to Global Food and Ingredients Inc. (GFI) upon its winding down of operations, though not at 100 per cent of owed value. The CGC says that producers will be compensated at 75 per cent for their… Read More
The Canadian Grain Commission has announced a new plan for using a large portion of the nine-figure surplus it built between 2013 and 2017 from fees for grain inspection and weighing that were ultimately passed down to farmers. To stop the accumulation, the federal grain industry regulator lowered its fees several times between 2017 and… Read More
Steady to higher seems to be the common theme in the majority of cattle markets throughout North America. In the southern U.S., it looks like the trades are going to come in steady to one higher and the north is pretty steady with last week, says Anne Wasko of the Gateway Livestock Exchange in this… Read More
When a market analyst tells you to “reward the market” by selling in to a rally, what does that actually mean? Is 20 cents enough? What about 50 or 60? Does it depend on the crop? The exact number of upward movement is probably different for everyone, says Tyler Schau, market analyst with AgMarket.net, but… Read More