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Fundamentals support strength in cattle prices

By Glen Hallick - MarketsFarm May 5, 2023

For Allan Munroe and the Killarney Auction Mart, the last few months have been the best of times, as good numbers of cattle continue to flow in and prices are at their highest levels in decades. “Sales are doing very well these days. We surpassed the best we (have) ever seen before, so it makes[...]

Grain Markets, Markets

Uncertainty embedded in a weather market

By Glen Hallick - MarketsFarm July 13, 2023

Canola made a big jump on June 30, following steep increases in the Chicago soy complex, and by July 6 the oilseed appeared well positioned to attack $800 per tonne. The U.S. Department of Agriculture released its planted acres report June 30, catching the trade off guard in cutting the amount of soybean acres by[...]

Livestock Markets, Markets

Prices up, head counts down at auction sales

By Glen Hallick - MarketsFarm April 14, 2023

Manitoba cattle auctions were a mixed bag for the short pre-Easter week ending April 6, with some closed and others having regular sales. It will be a similar situation the following week, all leading to a noticeable decline in the number of cattle coming to auction. “We are starting to see numbers dropping off. We[...]

Grain Markets

Virtually no support for canola values

By Glen Hallick - MarketsFarm September 29, 2023

ICE Futures canola was struggling in mid-September as a general selloff in commodity futures, as well as equities, pulled down prices. The nearby November contract fell to $725.30 per tonne on Sept. 21, as it busted through its support level of $730. There were a number of other factors in canola’s slide, one being harvest[...]

Livestock Markets, Markets

Beef sector faces weather, insurance challenges

By Glen Hallick - MarketsFarm September 14, 2023

The provincial election was called on Sept. 5, and Manitoba Beef Producers general manager Carson Callum wants the Progressive Conservative, New Democratic and Liberal parties to consider the needs of the Manitoba beef industry. Among them are measures to mitigate the effects of drought and flood, as well as the need for good roads and[...]

Livestock Markets, Markets

Cattle numbers, and some prices, rise

By Glen Hallick - MarketsFarm February 3, 2023

As cattle auctions across Manitoba get back into full swing, the number of head old rose sharply on the week. Prices for feeder steers and heifers were also steady to higher for the week ended Jan. 26. “We had about 920 head on offer this week, so for our second sale [of 2023] I thought[...]

Grain Markets, Markets

Price declines not as severe in canola

By Glen Hallick - MarketsFarm June 17, 2022

For the most part, the week ended June 16 could have been much worse for canola, as declines should have been more severe. From June 9 to 16 the old-crop July contract lost $45 per tonne, while new-crop November gave up $38. One reason for the decline was a general sell-off in the global vegetable[...]

Grain Markets, Markets

Dryness leads to spike in weather market

By Glen Hallick - MarketsFarm June 22, 2023

Growing concerns over dry conditions in North America, as well as parts of Europe, Argentina, Malaysia and elsewhere, led to a spike in oilseed and grain prices. That was particularly felt on June 15 when North American markets spiked upward and saw ICE Futures canola jump more than $20 per tonne for the most heavily-traded[...]

Grain Markets, Markets

Canola prices just keep on climbing

By Glen Hallick - MarketsFarm May 5, 2022

Canola continued its astronomical rise during the last week of April, with little to show in the way of any sudden tumble in prices. However, that’s not to say such an event wouldn’t happen, as nothing is a sure thing in the market — well, other than “what goes up must come down”… eventually. As[...]

Livestock Markets, Markets

Feeder cattle prices hold up well during fall run

By Glen Hallick - MarketsFarm October 21, 2022

As the fall run continued across Manitoba, prices for feeder cattle remained relatively steady at the Ashern Auction Mart. Those for slaughter cattle eased back a little, according to manager Kirk Kiesman. “It’s been steady now for three weeks. It definitely hasn’t gone up. Plainer cattle have actually gone down,” he said. [RELATED] Fighting for[...]

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

Daily Network News

U.S. grains: Soybean futures set two-week high on US weather worry, soyoil rally

Alberta Crop Report: Rains in the south, dryness in the north

Agriculture ministers agree to AgriStability changes

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Fundamentals support strength in cattle prices

Uncertainty embedded in a weather market

Prices up, head counts down at auction sales

Virtually no support for canola values

Beef sector faces weather, insurance challenges

Cattle numbers, and some prices, rise

Price declines not as severe in canola

Dryness leads to spike in weather market

Canola prices just keep on climbing

Feeder cattle prices hold up well during fall run

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