Today, in Woodstock, Ontario, Agriculture Minister Gerry Ritz and Dave MacKenzie, Member of Parliament for Oxford, announced an investment of $1.6 million to the Canadian Livestock Genetics Association (CLGA) to help open new export markets for Canadian dairy and small ruminants genetics. Last year, the Canadian dairy, sheep and goat industries generated over $120 million... Read More
Category: Markets
In a move that might be seen as a good ideological fit, Farmers of North America has launched a campaign asking its members whether they would be willing to invest in purchasing a majority interest in the former Canadian Wheat Board (now known as CWB.) The farmer alliance says a producer-owned grain handling company would... Read More
While the majority of the Western Canadian crop is no longer vulnerable to frost, there are still areas where wheat and canola, as well as longer-season soybeans and corn, are not ready for the freezing temperatures that are expected over the next few nights. According to Bruce Burnett, weather and crop specialist with CWB, between... Read More
Following the snow in parts of Alberta on Monday, weather models are indicating the 2014 growing season will likely come to an end across much of Western Canada this week. It's not what any farmers want to hear, but the first widespread killing frost is expected to arrive over the next few nights, says Drew... Read More
Coming off the long weekend in North America, the grains market started the month of September trying to hold onto higher levels on varying weather affecting crop development and the situation continuing to unfold in eastern Europe. While reports vary on a proposed ceasefire between the Ukrainian army and pro-Russian separatists, the latest rumour to... Read More
It appears demand for beef has remained strong despite the high prices at the meat counter. As part of the latest RealAg Beef Market Update, Shaun Haney and Anne Wasko of Gateway Livestock Exchange discuss the recent rally in cattle futures and how demand for beef has held. "All the proteins have moved higher. Pork... Read More
ICE Futures Canada has made some small changes to its canola, durum, milling wheat and barley contracts following the challenges with rail service over the last year. A notice sent to market participants on Thursday outlined several amendments regarding shipping that apply in instances where there could be physical delivery against a contract. President and... Read More
It's not something that's been said often in the last decade, but now is a great time to be in the cow-calf business, as cattle producers are seeing all-time record high prices. "We're running about 60 cents to a dollar a pound higher than we were last year at this time," says Rick Wright, the... Read More
There's less canola and wheat left from last year's bumper crop than traders and analysts thought, according to the Statistics Canada stocks report released on Friday morning. Wheat stocks as of July 31st were pegged at 9.8 million metric tonnes, up 94 percent from the same time last year, but generally below expectations. Canola supplies... Read More
By Larry Martin As this is written, December corn futures have traded in a range between US $3.81 and $3.58 for six weeks, since mid-July. This range came after a precipitous drop from the $5.00 area in April and May. Everyone is trying to guess where the market’s going from here. Of course no one... Read More