Feed grain prices in Alberta moved lower following recent rains, said Susanne Leclerc, owner of Market Master Ltd. in Edmonton. However, she suggested prices could increase prior to the coming harvest.
Saskatchewan Premier Scott Moe is ready to turn the page and start working with Prime Minister Mark Carney on important shared issues for Saskatchewan and Canada, including agricultural issues, such as providing regulatory certainty in the renewable fuels market.
The outlook for canola futures on the Intercontinental Exchange appears to be on a downward slide, said Bill Craddock, a Manitoba-based trader and farmer.
ICE Futures canola contracts were trading within a sideways range heading into the end of the 2024/25 (Aug/Jul) marketing year, with expectations for a tight old crop carryout providing support amid uncertainty over new crop production.
For the week ending June 28, Western Canadian feeder cattle markets were relatively unchanged compared to seven days earlier. Volumes moving through the ring were limited and the quality was quite variable.