Canola prices pull back

Spring planting has caught up with canola futures on the Intercontinental Exchange. For several weeks canola pushed upward, even as rain across the Prairies replenished depleted soil moisture levels, but now optimism for good crops has put pressure on values.
 Planting was delayed and as much as 40 per cent of this year’s canola is[...]






Is the strong cattle market sustainable?

The Manitoba cattle market remains strong but the sustainability of current high prices is a question. “I talked with some local abattoirs and they say they really can’t compete with some of the bigger operations in the cities doing things cheaper or on a higher volume,” said Tyler Slawinski, auctioneer at the Gladstone and Ashern[...]


Cattle influx, prices remain strong

The number of cattle heading to Manitoba’s weekly auctions has remained strong and is likely to remain so for the coming weeks, according to Allan Munroe of the Killarney Auction Mart. For Killarney’s March 20 sale 1,468 head were auctioned. “A big part of it was 1,200 of them were coming from the week before,”[...]



Canola prices higher in rangebound movement

There isn’t much to be overly concerned about now regarding canola futures on the intercontinental exchange. Despite declines, the Canadian oilseed remained a fair bit higher than a week ago. This is pleasant news, given how canola has tumbled downward in recent months. In short, canola can be seen as rangebound. There is a deficit[...]