Cattle prices are starting to rise on the Prairies following a rebound for cattle futures on the Chicago Mercantile Exchange, from where one Alberta analyst sits. “(In) the last two, three weeks, (prices have become) pretty good finally. We really had a meltdown in the futures two, three weeks ago, (due to) trade worries and
Prairies’ cattle markets starting to strengthen
Supplies may drag on prices heading further into summer
Churchill possibly to return to shipping grain
CNS Canada — Grain could once again be shipped out of northern Manitoba’s Port of Churchill if all goes according to plan for a new potential ownership group. “The port has got all of the grain handling equipment and simply said, the first thing we want to do is resume that commercial activity,” said Louis
Feed weekly outlook: For barley acres, seeding delays will tell tale
CNS Canada — After a slight delay to the start of seeding in southern Alberta, producers are out in the fields and it doesn’t yet look like they have seeded more shorter-season acres, such as in feed barley. “Southern Alberta is a little bit later than normal (for starting seeding). But most areas, they’re kind
Weak loonie drives Prairie wheat bids upward
Average CWRS prices were up $3 per tonne on the week, while CPSR bids rose $13-$15
Most wheat bids in Western Canada rose for the week ended April 27, taking strength from a lower Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices rose by $3 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ
Prairie potato planting slightly behind schedule
CNS Canada — After a delayed start due to the long winter and spring flooding, western Canadian potato growers are out in the fields. “We’re probably only a couple of days behind… we had farmers out on the fields last week and I think quite a few more will be moving along this week,” said
Grain trade skeptical of StatsCan’s acreage outlook
CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken
Feed weekly outlook: Prairie grains continue strong rally
CNS Canada — The rally on which southern Alberta feed grain prices have been riding since the start of the year continued this week. “Right now (we’re seeing) some of the best prices on barley for farmers that have been seen in Alberta for a while,” said Joshua Boyko of CorNine Commodities in Lacombe. According
U.S. futures fall, dragging on Prairie wheat bids
MGEX, CBOT and K.C. wheat slip by two to three per cent on the week
Wheat bids in Western Canada declined for the week ended April 20, following the lead of U.S. futures markets. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices fell by $7-$11 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price
CBOT weekly outlook: Traders flee stocks for commodities
CNS Canada — Traders shifted attention to Chicago Board of Trade (CBOT) corn and soybean markets in the wake of a drop in Wall Street stocks, causing a commodities rally Wednesday. Wall Street was dragged down Tuesday by U.S. bond yields, which hit the three per cent mark for the first time in four years.
Farmland values rise, but interest rates curb market
CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland
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