Corn harvest in the U.S. is mostly complete, but Ontario farmers continue to pick away at their corn when they can.

Lower oil prices and declines in equities spill over into grain commodities

However, a softer loonie is helping enhance the competitiveness of Canadian grain and oilseed on global markets

Ontario farmers have harvested approximately 90 per cent of the soybeans and 75 per cent of the corn. Soybean yields have come in above expectations; some farmers reported record yields. Corn yields are quite variable and vomitoxin is a major problem in certain areas. The year-over-year increase in export demand continues to support Ontario corn […] Read more

Klassen: Feeder market searching for direction

Western Canadian feeder cattle markets were quite variable from seven days earlier. Prices were unchanged in the eastern Prairie regions; however, Alberta markets traded $3 to as much as $7 below week-ago levels. Alberta and Saskatchewan feedlot inventories are running 16 per cent above year-ago levels, so there’s limited buying power available. Calves are fleshier […] Read more

Klassen: Feeder cattle market stabilizes

Western Canadian feeder cattle markets were unchanged from week-ago levels. Favourable weather conditions enhanced buying interest from cattle feeders in Feedlot Alley; however, cattle-on-feed inventories in Alberta and Saskatchewan are running 16 per cent above year-ago levels. Pen space remains at a premium due to limited capacity. County permit fees and added regulations have also […] Read more

Corn has sat in Ontario fields during regular November rains.

Weather makes for different corn harvest conditions in Ontario and the U.S.

American farmers are close to finished corn harvest, compared to Ontario farmers waiting for clearer weather

Adverse rains have hindered harvest progress across Ontario. Farmers have harvested approximately 75 per cent of the soybeans and 25 per cent of the corn. Yield reports are slightly higher than expected and total production will likely finish above the recent Statistics Canada estimates. Vomitoxin appears to be quite prevalent on the early corn samples […] Read more

Klassen: Weather weighs on feeder cattle

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Eastern Prairie regions experienced demand from Ontario and Quebec, which limited the downside; however, Alberta markets faltered as buyers, having factored in a higher deathloss due to adverse weather. Light wet snow along with warmer temperatures during the […] Read more

Klassen: Feeder cattle demand softens

Compared to last week, Western Canadian yearling prices were $2 to $3 lower on average. Feedlots were more aggressive on replacements that will finish for the March April fed cattle market. April live cattle futures continue to trade at a $8 premium to the June contract so lighter yearlings were discounted accordingly. The quality was […] Read more

The U.S. government has implemented policies supportive of corn, but not of soybean prices.

China-U.S. trade dispute likely to drag on, affecting price

U.S. ethanol policy change could increase demand by two billion bushels

Ontario farmers have harvested 60 per cent of the soybeans and 25 per cent of the corn as of Oct. 21. American farmers have combined 49 per cent of the corn and 53 per cent of the soybeans. The seven- to 10-day forecast calls for seasonal temperatures with limited precipitation, which should allow producers to […] Read more