Canola prices at the Intercontinental Exchange were higher during the week ended April 30, but not before the July contract reached the C$700/tonne level and closed under it.
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ICE Weekly: Canola still higher despite resistance
July canola hits C$700/tonne mark, settles under it
Klassen: Higher packer bids enhance feeder complex
For the week ending April 26, Western Canadian feeder cattle markets traded $3 to $5 higher compared to seven days earlier.
Bearish wheat market fails to wake from hibernation
Wheat futures prices haven’t fared as well as canola, buffeted by global market winds
Wheat futures prices haven’t fared as well as canola, buffeted by global wheat market winds.
Klassen: Fall fed cattle supply concerns strengthen feeder complex
For the week ending April 19, Western Canadian feeder cattle markets traded $2 to $3 above week-ago levels. Many auction barns did not have sales due to Good Friday but sale volumes were also smaller at active locations.
ICE canola weekly outlook: Tightening supplies supportive
Futures working to ration demand
ICE Futures canola contracts remained in a steady uptrend during the week ended April 16 despite the ongoing global tariff uncertainty, hitting their highest levels of the past year on a nearby weekly chart.
Manitoba sheep market seeing record highs
Industry observers hope new optimism will encourage more entrants into the business
Sheep prices continue to rise in Manitoba, boosted by cultural and religious observances like Easter and Eid in the spring.
Klassen: Feeder market returns to historical highs
For the week ending April 12, Western Canadian feeder cattle markets traded stead to as much as $10 higher compared to seven days earlier. The market has fully recovered from U.S. tariff uncertainty. Strength in the fed cattle market and healthy feeding margins continue drive replacement prices upward.
Canola poised for breakthrough despite tariffs
Soybean tariffs make canola seed a more attractive proposition for China
An erratic start to April for the global trade market saw U.S. tariffs placed on countries around the globe, only to have them paused one week later. But canola prices are on the rise.
U.S. livestock: Losses for cattle, upswing in hog prices
Upswing in hog prices
Live and fed cattle futures on the Chicago Mercantile Exchange were lower on Thursday, while those for lean hogs were higher. The June live cattle contract retreated 3.175 cents at 195.200 cents per pound. May feeder cattle futures dropped 2.900 cents at 275.300 cents per pound. The USDA reported wholesale boxed beef prices were lower
Klassen: Feeder market experiences volatility during U.S. tariff week
During the week ending April 5, the feeder market felt sluggish early in the week. Prices were a bit softer on Monday and by Wednesday morning, quoted values were $10 to as much $20 below week ago levels. After making weekly lows Wednesday, prices fully recovered to the previous week’s levels.
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