Acres that were penciled in for wheat back in December might get switched to canola in spring, depending on how much weight farmers put into the price relationship between wheat and canola, says the vice-president for oilseeds with Louis Dreyfus Commodities. Brian Conn says back in November and December, they were expecting a decline in... Read More
Category: Markets
Delegates of the Alberta Beef Industry Conference heard from the Canadian Food Inspection Agency (CFIA) and Alberta Agriculture and Rural Development (AARD) on the latest case of bovine spongiform encephalopathy (BSE) on February 20, 2015. The representatives gave an update on the case, and provided insight into the measures Canada is taking to reduce disease... Read More
Growth in the U.S. economy and the export opportunities that come with it are expected to offset some of the impact of low oil prices on the Canadian economy. The coinciding weaker Canadian dollar won’t hurt exports either, notes the chief economist with the Conference Board of Canada. “This is a good time if you’re... Read More
While many ranchers and producers visibly cringed at the announced positive BSE case found in northern Alberta earlier this month, the cattle markets barely seemed to bat an eye. Why was that? A rather under the weather Anne Wasko, of Gateway Livestock, joins Real Agriculture’s Shaun Haney on this latest Beef Market Update to talk... Read More
Grains, for the most part, closed out the shortened trading week well below their mid-week highs as U.S. dollar-traded commodities faltered on the strong greenback. Canola bucked the trend, ending the week slightly higher as export and domestic demand continues to remain strong. Labour issues featured as the soup du jour though for the week... Read More
Grains ended this week with not a whole bunch for the bears or bulls to love for this Valentine’s Day weekend. All prices ended Friday higher with wheat being the big winner on the day, as the market looked at some easing of geopolitical risk in Europe as positive. While there’s discussions of a ceasefire... Read More
Prices for wheat, corn, soybeans and canola all declined on Tuesday following the release of the USDA’s February supply/demand report. “(The report) confirmed what the markets were thinking,” says Neil Townsend, director of market research with CWB in the interview posted below. “U.S. numbers were pretty firm — they’re not going to change the production... Read More
The Canadian Grain Commission announced today that it is starting consultations on whether it should license feed mills and extend payment protection to farmers who sell grain to feed mills in Western Canada. Producer organizations have been asking the CGC to consider expanding its payment security program to non-licensed buyers after two of Canada's largest... Read More
Grain prices started the month of February looking to come out of the gate running – mainly from their January shadow (much like the groundhog did, but you probably don’t need a rodent to tell you if winter’s over or not if you live in Canada). Most of North American’s major growing regions are starting... Read More
There are signs the long-running dispute over U.S. mandatory country of origin labelling (COOL) rules for meat is moving closer to resolution, as a Canadian delegation led by Agriculture Minister Gerry Ritz visited Washington, DC. this week. “COOL is on life support,” Ritz told reporters on a conference call on Thursday afternoon. In what was... Read More