CNS Canada –– Canadian pork producers should see higher returns for their product in the spring of 2018, but whether those prices last may determine how successful Canada is at tapping new markets. According to U.S. Department of Agriculture supply estimates, weekly U.S. hog slaughter numbers over the past two months have averaged 2.369 million
Pork exports key in 2018 as U.S. slaughter ramps up
Pulse weekly outlook: Pulse acres on downswing
CNS Canada — Pulse prices in Western Canada showed some movement during the week ended Tuesday, but mostly hung rangebound as India’s import restrictions on Canadian pulses continued to hold the market in check. Yellow peas fell 25 cents to a range of $5.75 to $7 a bushel. Green peas held steady at $7.50-$8.50 a
Cattle prices decline on lack of buyer interest
A wall of heavier-weighted cattle is expected come summer
Prices for cattle in Manitoba appear to have carved out a bottom, as lukewarm buying interest and a late slide in U.S. futures pointed the way lower. Around 6,300 animals made their way to market during the week ended Jan. 19, up from roughly 3,300 the week before. Prices were mostly similar to last week’s
Prairie mustard acreage depends on spring moisture
CNS Canada — The 2018 mustard crop in Western Canada could hit half a million acres according to an industry expert, but he cautions that number could be much lower if dry soil conditions persist until spring. In 2017, there were 385,000 acres of mustard seed planted in Western Canada, down from 525,000 acres in
Feed weekly outlook: Prairie grains chopping around
CNS Canada — Dry subsoil moisture conditions and a lack of snow cover in southern Alberta and Saskatchewan continue to create worries for many farmers. Conditions range from abnormally dry in many areas to full-on droughts around Regina and some areas south of Calgary, according to Agriculture and Agri-food Canada. Feed barley bids in the
ICE weekly outlook: Canola creeps toward $500
CNS Canada — ICE Futures Canada canola contracts are showing signs of wanting to climb higher due to recent moves in soybean oil and the Canadian dollar. The front-month March contract is still below the benchmark $500 per tonne mark but is starting to creep toward it. Some of the movement can likely be traced
Surprises from USDA put turbulence in canola market
NAFTA anxiety puts pressure on the Canadian dollar
The ICE Futures Canada canola complex saw some volatile activity during the week ended Jan. 12, as fluctuations in the Canadian currency and a surprising U.S. Department of Agriculture report created choppy waters for the futures. USDA released its monthly supply-and-demand report on Jan. 12, lowering its estimate for soybean yields in the U.S. to
Prairie feed barley softens as packers bid up cattle
CNS Canada — Feed barley prices in the Lethbridge area are showing signs of softening as the February lull approaches and warmer weather moves into the province. According to Allan Pirness of Market Place Commodities, both feed barley and feed wheat prices are around the $220 per tonne mark, down a touch from the pre-Christmas
Manitoba corn rides strong yields through bearish market
CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, president of the Manitoba Corn
Fed cattle markets are expected to show strength
Manitoba’s major auction markets closed for the week
It was a slow start to the new year for Manitoba auction marts, as major outlets stayed quiet during the week ended Jan. 5. However, it may have been a good time for participants to stay home, due to the cold weather. Feed usage is likely on the minds of some ranchers, though, as they
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