Grain markets got an American Thanksgiving boost as an unexpected update from the U.S. Environmental Protection Agency (EPA) surprised the oilseed complex, with soyoil leading, up 7.4% for the week. Soybeans weren’t far behind as they continue their run, up 5.1%, while canola held on a bit to climb 2.6%. Corn was supported by the... Read More
Category: Markets
President-elect Donald Trump says he plans to spend part of his first day in the Oval Office issuing a notification of intent to withdraw the U.S. from the "potential disaster" that is the Trans-Pacific Partnership. Trump has spoken in favour of bilateral deals, and possibly got a jump on one with Japan by meeting Prime... Read More
It's Agribition week in Regina, and Shaun Haney is there to take in all there is to see (and smell!). He managed to eek out enough time to catch up with Anne Wasko, of Gateway Livestock Exchange, for another edition of the Beef Market Update. Wasko starts with the recent USDA cattle on feed report... Read More
One week after Donald Trump was voted in as the next President of the United States of America, the U.S. Dollar hit a 14-year high and surprisingly, commodities didn’t tank. After a volatile election and W.A.S.D.E. week, all grains ended up for the week, led by oats which gained 2.8% since last Friday. Corn was... Read More
The US cattle on feed report came out this afternoon. As feeders, ranchers and long traders are looking for reasons for a higher market next the week of November 21st, this report will leave them with limited answers on market direction. Read the USDA Report Anne Wasko describes the report: Today’s U.S. Cattle on Feed... Read More
Donald Trump won't be president for another two months. He has yet to implement — or even clearly define — any policy or spending changes. And yet the U.S. dollar index has shot to its highest level in 13 years. Sentiment in many markets has certainly changed since dropping sharply on election night, even if... Read More
Grains this week took a rollercoaster ride as volatility was the name of the game, between the U.S. election, the U.S.D.A.’s November W.A.S.D.E. report, and some better Harvest 2016 weather. Trading ranges maxed out this week as things see-sawed from Tuesday night through Friday morning. Soybeans ended up down 0.3% from last Friday, oats lost... Read More
With the election of Donald Trump this week, Canadians have reacted with comments falling into predictable camps. Like all people in society, Trudeau and Trump both have strengths and weaknesses and our view of their characteristics can follow party lines. Liberals brag that Canada has a "decent," compassionate leader that believes in climate change, equality,... Read More
In the last month, live cattle prices have finally stabilized and it's welcome relief for everyone in the cattle business. Fundamentally, what is supporting this stability? According to Anne Wasko, with Gateway Livestock, there are tighter cattle supplies, cattle feeders are current, carcass weights are lower than a year ago for the first time since... Read More
Grain prices entered November still above where they’ve been the past couple of months but pulled back from their October highs due to some weather premiums getting erased, farmer sales, and profit-taking on the futures board. Ultimately, with harvest starting back up in many places, bullish attitudes have softened and those who have been rolling... Read More