Markets
Yellow pea bids in Western Canada are coming under pressure, while green pea prices hold steady.
Markets
Pulse Weekly: Yellow peas slip as India pauses levy cut
Fall run was still waiting on buyers
Calves are still gaining pounds on good feed while major buyers are still picking up steam
The fall run has started in Manitoba cattle markets, but good pastures mean a sluggish start.
North American grain/oilseed review: Canola drops Tuesday
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker Tuesday, seeing a profit-taking correction after climbing higher for the past few weeks. The November contract retested its 200-day moving average for the third session in a row overnight but was unable to hold at that level. Losses in crude
ICE canola correcting lower
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The ICE Futures canola market was weaker at midday Tuesday, seeing a profit-taking correction after running into resistance. The November contract retested its 200-day moving average for the third session in a row overnight, but selling came forward at the highs. Losses in crude oil spilled
Higher biodiesel mandates in Indonesia to curb palm oil supplies, analyst says
Decrease in available palm oil would be ‘catastrophic’ for global consumers, analyst says
Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday. Indonesia currently has a mandatory 35 per cent blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40 per cent palm oil to cut its energy imports.
Klassen: Feeder markets experience stronger demand
For the week ending October 5, Western Canadian prices for grass yearlings were steady to as much as $10 higher while values for backgrounded yearlings were relatively unchanged. Calf markets were quite variable with preconditioned 650-800 pound calves trading $4-$8 above week-ago levels. Prices for non-weaned bawlers were relatively unchanged.
Canadian dollar and business outlook
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The Canadian dollar was weaker Tuesday morning, with losses in crude oil accounting for some of the selling pressure in the energy-linked currency. At 9:20 a.m. CDT the Canadian dollar was trading at US$0.7322 or US$1=C$1.3657, which compares with Monday’s close of US$0.7348 or US$1=C$1.3609. Crude
Global Markets: Canadian trade deficit widens
By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s international trade deficit widened to C$1.1 billion in August, as imports increased by 0.3 per cent and exports fell by 1.0 per cent, Statistics Canada reported Tuesday. The data included a
ICE Canada Morning Comment: Canola weaker due to comparable oils
November remains above most support levels
By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures pulled back Tuesday morning, following other comparable oils to the downside. In a corrective move there were losses in the Chicago soy complex, European rapeseed and Malaysian palm oil. Crude oil as well was lower, adding more pressure on the oilseeds. Despite the
U.S. Livestock: CME lean hogs hit 5-mth peak on demand, cattle range bound
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures advanced on Monday to the highest point in nearly five months on technical buying and seasonal strength, analysts said. Live cattle futures also edged higher on a strong cash market, although large cattle weights and beef demand worries amid a slumping stock market limited gains and
Cyber-Savvy Farmer
