Latest articles


Action in oilseed markets swings on weather forecasts

Precipitation on the Prairies will steer canola values

In the constant battle between influences weighing on values or providing support for canola bids, last week came down to a battle between our rainfall versus their rainfall. On the Prairies, starting Father’s Day, precipitation brought struggling crops a little bit of a boost at a critical stage in their development. The Prairies have been […] Read more


Western Canadian wheat bids up in all classes

Gains in Kansas City and Chicago wheat futures offered up some support for cash prices

Wheat bids in Western Canada were up across the board for the week ended June 14. There were gains in Canada Western Red Spring Wheat (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD). Weakness in the Canadian dollar and gains in Kansas City and Chicago wheat futures provided support; a decrease […] Read more



Dry conditions on Prairies spur rally in canola values

Chicago futures may slip if U.S. growers are able to plant

By far the biggest factor for canola bids this past week was the weather. Persistent dry conditions throughout much of Western Canada have continued to provide a weather premium for canola, which helped to spur a 10-day rally that ended June 6. Starting May 24, the July ICE contract gained $12.90 per tonne to reach […] Read more




Fewer cattle, softer prices ahead of summer slowdown

Last week’s sale at Virden saw the biggest drop in volumes

As spring carries on, with summer approaching, the Grunthal Livestock Auction Mart has seen its numbers slip a little, according to manager Harold Unrau. “Prices were a little bit softer. Our head counts are down too, going into summer,” he said. At Grunthal’s May 14 auction, 295 feeders and 88 slaughter cattle were sold. The […] Read more


one dollar banknote among wheat grains

Wide range of variations seen in Prairie cash wheat prices

MGEX, CBOT and K.C. July wheat futures were all up significantly on the week

Wheat bids in Western Canada were across the board for the week ended May 17. There were losses in Canada Western Red Spring (CWRS) wheat, while Canada Prairie Spring Red (CPSR) prices were mixed and durum (CWAD) prices were largely steady. Firmness in the Canadian dollar and gains in U.S. futures also pushed and pulled […] Read more




pigs

Swine fever will hurt China’s soybean and canola imports

Suppliers of hog feed ingredients will take a hit from culls

China is facing the grim reality of its massive hog industry taking a huge blow due to African swine fever. The BBC has reported China has already culled about 40 million hogs. This came after more than 120 cases of African swine fever were found in most parts of China. Rabobank has issued a projection […] Read more



Spring slowdown around the corner for auctions

The province’s markets have chewed through the annual calf run

Most cattle auctions in Manitoba will soon see fewer head coming in and one auction has moved to sales once every two weeks. “We’re getting things tidied up. A lot of the big strings of calves are gone now,” said Allan Munroe of the Killarney Auction Mart, which sold 275 cattle on April 15. At […] Read more