Despite some delays, spring planting in Alberta remained well ahead of the five-average, according to the May 23 report from the province's agriculture department.
Markets — page 23
Alberta spring planting slows, but remains ahead of average
Good levels of soil moisture provincewide
Wheat bids rise across Western Canada
Hard red spring wheat bids in Western Canada found some strength during the week ended May 22, as gains in the United States futures more than countered the bearish influence of a rising Canadian dollar.
U.S. grains: Chicago wheat futures dip as short-covering rally fades
Chicago wheat futures fell on Thursday as a short-covering rally earlier this week that took prices to a one-month peak petered out, with traders seeing limited threats to Northern Hemisphere crops despite adverse weather concerns.
U.S. livestock: Cattle futures climb ahead of Memorial Day holiday weekend
Chicago Mercantile Exchange live cattle turned higher on Thursday, as traders adjusted their positions ahead of the Memorial Day holiday weekend and wholesale prices continued to rise on consumer beef demand, market analysts said.
Feed grains: Barley steady heading into growing season
Feed barley prices in Western Canada were holding relatively firm in mid-May, although seasonal price trends in the feed market typically see values start to come down in mid-June as the new crop harvest approaches
Early planting could result in above-average corn yields in North America
Carryout stocks for old crop remain tight in U.S., making it most competitive on world market
Optimal conditions for planting could mean a record corn crop in the United States.
Manitoba seeding 12 points ahead of pace
Most spring wheat in the ground
Manitoba farmers pushed their spring planting to 57 per cent complete as of May 21, up 24 points from a week ago, the province's agriculture department reported.
U.S. livestock: Live cattle futures climb as wholesale US beef prices firm
Chicago Mercantile Exchange live cattle firmed on Wednesday as wholesale prices continued to rise and consumer demand for beef has stayed strong amid the U.S. grilling season, market analysts said.
AAFC ups canola exports, but leaves ending stocks unchanged
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Canadian canola exports in 2024/25 will be at least a million tonnes above earlier projections, but ending stocks remain to be seen as Agriculture and Agri-Food Canada had to make some creative calculations in their latest supply/demand report.
ICE Weekly: No end to July canola’s rise: trader
July canola may have more room to grow
A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.
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