CNS Canada — As February ends, attention is shifting from South America to the U.S. for traders at the Chicago Board of Trade. “We’re about to flip the calendar into March, when people start paying more attention to the conditions in the U.S.,” said Rich Feltes of RJ O’Brien in Chicago. Attention for the past
CBOT weekly outlook: Soy, corn traders shift gaze to U.S.
Prairie wheat bids mixed while U.S. futures rise
Minneapolis March 2018 spring wheat rose five U.S. cents on the week
Wheat bids in Western Canada were mixed for the week ended Feb. 15, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a cross-section of
Pulse weekly outlook: Prairie market ‘nonexistent’ due to trade dispute
CNS Canada — As the western Canadian pulse crop industry awaits news from Prime Minister Justin Trudeau’s visit to India, two traders aren’t holding their breath. “I’m not expecting any big announcements or any big headway other than wording like ‘working towards understandings’ and things like that,” said Adam Krieser of Canpulse Foods in Saskatoon.
Prairie wheat bids mixed while U.S. futures rise
CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a
Feed weekly outlook: Supplies tighten as demand rises
CNS Canada — As supplies tighten, Lethbridge feedlots are looking for the cheapest options when it comes to feed. “Supply seems to be tight in general. There’s not a lot of offers on either corn or barley at the moment. And demand is higher than expected coming into March,” said Brandon Motz, sales manager at
Prairie wheat bids follow lead of most U.S. futures
Durum bids in northwestern Saskatchewan rose to line up with those in other regions
Wheat bids in Western Canada rose in price for the week ended Feb. 9, for the most part following the lead of the U.S. futures markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $7-$9, according to price quotes from a cross-section
Prairie winter wheat conditions no cause for alarm, yet
CNS Canada — While it’s been a cold winter with little snow cover, there is still hope for the Prairies’ winter wheat crop as soil temperatures haven’t hit danger levels yet. “I checked the soil temperatures this morning across the Prairies and most of the soils are about -10 C and winter wheat at this
Might Trump be good for Canadian agriculture?
His anti-trade agenda risks shooting his own agriculture sector in the foot
As United States President Donald Trump follows his “American first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry. That’s according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve ever seen, we’re
AGT stock tracks challenges of pulse industry
It’s been an up-and-down ride for this made-in-Canada success story
Saskatchewan-based AGT Food and Ingredients was riding a high in 2016. In May its stock hit highs of more than $40 per share. Almost a year and a half later, the story had changed and AGT stock hit lows of almost $18 per share — a level not seen since mid-2014. Marching in near lockstep
TPP II deal good news for agriculture
FCC’s top agriculture economist says there’s the potential for big benefits, but it will take time
Farm Credit Canada says a new trade deal with Asia is good news for the nation’s farmers. FCC says the new Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) will mean better market access and that’s always good news for agriculture. “We can open up markets more to what we have, especially when we have big competitors
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