Western Canadian cash prices for spring wheat were mostly higher during the week ended June 5, while those for amber durum moved lower.
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South American soybean crop looms over oilseed markets
Regardless of who is making the call, Brazil will have an extremely large soybean crop in 2021. With estimates ranging from 132 million to 135 million tonnes, it will be a record soybean crop, topping the 126 million tonnes produced in 2019-20. Coupled with Argentina on track to reap a very sizable crop of 47[...]
Feed Grains Weekly: Prices to remain in a ‘funk’ for now
Feed prices on the Canadian Prairies have slipped over the last week and are poised to remain flat to the end of the year, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
Frigid temperatures drag cattle sale volumes lower
As a cold snap descended across Manitoba and the rest of the Prairies, the number of cattle headed to auction was down significantly during the week ended Feb. 11. “Guys are getting up early in the morning and they have water that’s frozen or a tractor that won’t start. They have bigger fish to fry[...]
Feed Grain Weekly: Prices ‘percolating sideways’
As winter conditions descended on Alberta, prices for feed grains bumped up a little, but were otherwise "percolating sideways," stated Jim Beusekom of Market Place Commodities in Lethbridge.
Even more corn in China, Brazil say attachés
China and Brazil are to further solidify their positions as the world's number two and three corn producers, according to attache reports from the United States Department of Agriculture.
Stock market losses hurting cattle prices
To Robin Hill, the manager of Heartland Livestock Services’ Virden auction facility, this is far from a good time for Manitoba cattle auctions. That’s due to massive losses in stock markets, stemming from fears over effects the COVID-19 coronavirus could have on the global economy. The stock markets began to tumble as COVID-19 spread across[...]
Feed Grains Weekly: Prices moving higher, but maybe not much more says broker
With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.
Thinning cattle numbers pass through Grunthal
Despite the number of cattle headed to market declining with the greening of pastures, the Grunthal Livestock Auction Mart will continue to press ahead with its weekly auctions, according to manager and field rep Harold Unrau. “We only shut down for the week of July long and the week of August long,” he said. For[...]
Feed grain weekly outlook: Ample supplies pushing down prices
Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.
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