The provincial election was called on Sept. 5, and Manitoba Beef Producers general manager Carson Callum wants the Progressive Conservative, New Democratic and Liberal parties to consider the needs of the Manitoba beef industry. Among them are measures to mitigate the effects of drought and flood, as well as the need for good roads and
Beef sector faces weather, insurance challenges
Prices have been a boon, but other problems remain
CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be
USDA report calls for tightest soy carryout in eight years
MarketsFarm — There have been no surprises in the price movement for U.S. soybeans and corn on the Chicago Board of Trade following the release of the U.S. Department of Agriculture’s monthly supply and demand report. “This was a case [for soybeans] where the trade expected even tighter ending stocks. That 220 million bushels matched
StatCan expected to raise estimate for oats production
Ending stocks estimate 'probably fairly accurate'
MarketsFarm — Ahead of the model-based Statistics Canada production report due out on Thursday, Scott Shiels of Grain Millers Canada in Yorkton, Sask. said it’s likely the agency’s numbers for oats will increase. StatCan issued its first model-based production report for 2023-24 on Aug. 29, which placed the country’s oats at about 2.429 million tonnes.
Prairie cash wheat: Prices for reds rise, amber eases back
Harvest pressure, Canadian dollar also factors
MarketsFarm — Wheat on the Canadian Prairies was mixed for the week ended Thursday, with gains for Canada Western Red Spring and Canada Prairie Spring Red wheats, while Canada Western Amber Durum slipped back. Kansas City winter wheat and Minneapolis spring futures were higher on the week to provide support for Canadian cash prices, but
Feed weekly outlook: Harvest pressure keeps lid on prices
Domestic prices seen weighing on corn imports
MarketsFarm — As the harvest continued across the Canadian Prairies, pressure kept feed grain prices largely in check, according to Crystal Leitch of Market Master Ltd. in Edmonton. “We don’t see things changing too much because pricing is not what it was. There’s some hope that pricing is going to come back up, whether it
Canola choppy following StatCan’s latest report
Gains faded in the hours following the report’s release
As the canola harvest across the Canadian Prairies picked up speed at the end of August, prices for the Canadian oilseed bounced back and forth on ICE Futures. Support came from soyoil on the Chicago Board of Trade, when the commodity was climbing higher, while European rapeseed and Malaysian palm oil provided spillover as well. And as crude oil prices
Rest of September to be warmer than normal for Prairies
Southern Prairies to remain drier than normal
MarketsFarm — As summer turns to autumn on the Canadian Prairies, the weather outlook for the rest of September is for temperatures to be warmer than normal, according to Scott Kehler, chief scientist for Weatherlogics. One of the factors in those forthcoming temperatures is the El Niño that has been developing over the last several
ICE weekly outlook: Harvest pressure, farmer selling to guide canola
New StatCan figures 'right around expectations'
MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report came in right around expectations.
Feed weekly outlook: Barley, wheat prices now steady
U.S. corn imports keep lid on barley values
MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just
Increases seen in most July grain deliveries
Oats deliveries more than double, canola near double
MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes,