MarketsFarm — There are still sufficient supplies of feed barley and wheat to be had on the Canadian Prairies — but there are issues with getting that feed from point to point, according to Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. “I do think there are enough supplies from what we have
Feed weekly outlook: Grain supplies good, freight costs higher
'They don't have as many drivers as normal'
Russian hypocrisy and the wheat market
Will the Black Sea shipping deal hold or fail?
Wheat prices went for a wild ride during the week of Oct. 31 to Nov. 4 due to Russian machinations over the Black Sea export agreement. During the weekend of Oct. 29 and 30, the Russian Black Sea fleet was apparently attacked at its base at Sevastopol. Russia quickly levelled accusations that Ukraine perpetrated the
Pulse weekly outlook: Price disconnect between lentil growers, destinations
Stronger loonie pressures prices
MarketsFarm — There’s something of a disconnect in green lentil prices, between what Canadian farmers have seen recently and to where those pulses are being sold, according to Toronto-based Marcos Mosnaim of Export Packers. Green lentils increased in price up until a couple of weeks ago, Mosnaim said. “It was a combination of farmers not
Cold, snowy start seen to Prairies’ winter
MarketsFarm — Although the official calendar start to winter isn’t until Dec. 21, conditions on the Canadian Prairies are now winter-like, according to Weatherlogics chief scientist Scott Kehler. “For the month of November, it looks like we’re off to a cold start for most of the Prairies. The western Prairies… had quite a significant winter
Fall cattle run remains strong
Cow prices are holding up better than in the past few years
The number of cattle headed to market dipped a bit for the week ended Oct. 27, but the fall run at Manitoba’s cattle auctions remains in full swing. “We’re starting to see bigger strings coming off of the pastures; lots of top price cattle that are still getting a premium dollar,” said Tyler Slawinski, auctioneer
ICE weekly outlook: Watch for canola to climb higher
MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola somewhere in the winter months maybe trading close to $1,000 again in January,” he said. Palmer placed his suggestion on the sharp upticks that soyoil
CBOT weekly outlook: Soybeans shift into wintertime trading
MarketsFarm – As the United States soybean harvest surpassed 80 per cent complete, trading of the commodity on the Chicago Board of Trade slipped into wintertime mode, according to broker Ryan Ettner of Allendale Inc. “Switching to wintertime trading means we are going to put more focus on South American weather. And it means we
AAFC tweaks some numbers as canola, pulses remain unchanged
MarketsFarm – While Agriculture and Agri-Food Canada made some changes in its October supply and demand estimates from September, the department didn’t make any alterations to its data for canola, pulses and special crops. The department released its report during the late afternoon of Oct. 21. Of the grains and oilseeds, AAFC’s most notable revisions
Feeder cattle prices hold up well during fall run
Total marketings up substantially on the week
As the fall run continued across Manitoba, prices for feeder cattle remained relatively steady at the Ashern Auction Mart. Those for slaughter cattle eased back a little, according to manager Kirk Kiesman. “It’s been steady now for three weeks. It definitely hasn’t gone up. Plainer cattle have actually gone down,” he said. [RELATED] Fighting for
Prairie cash wheat: Prices swing higher on U.S. gains
Canadian dollar down on week
MarketsFarm — Wheat prices on the Canadian Prairies were higher for the week ended Thursday. As Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats had modest upticks, Canada Western Amber Durum (CWAD) incurred double-digit increases. Gains in the U.S. wheat complex provided support, with a weaker Canadian dollar also underpinning values.
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