Lentil and pea bids in Western Canada have softened over the past month, as all agricultural markets react to ongoing global trade uncertainty.
Markets
Pulse weekly: Lentil/pea bids soften in Western Canada
Tariff uncertainty in background
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.
U.S. grains: Wheat up on US Plains dryness, soybeans fall on profit taking
Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, analysts said.
U.S. livestock: Cattle rise as USDA reports decline in inventory; hogs gain
Chicago live cattle and feeder contracts rose on Thursday as the USDA's cattle on feed report showed cattle inventory down two per cent compared to one year ago.
AAFC tweaks monthly data, but holds canola exports
But year-to-date exports nearly 7.40 million tonnes
Although Agriculture and Agri-Food Canada made several small revisions to its April supply and demand report compared to the previous month, it did not alter any of its canola numbers.
Feed Grain Weekly: More grain purchased before seeding starts
A tariff reprieve has allowed for more cattle to move freely across the Canada/U.S. border and has necessitated the need for more grain at feedlots.
Who is likely to win a trade war between the U.S, China?
Some analysts think it’s a war China cannot afford to fight, while others believe the country is in better postion than last time
China's slumping economy might not be able to withstand a prolonged trade war with the United States, according to an analyst.
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.
CBOT Weekly: Easter rains could spring delays on planting progress
Trump a wildcard
With the United States weather forecast calling for rain on April 18 and 21, planting progress could come to a quick stop, said broker Scott Capinegro of AgMarket.net in Chicago.
U.S. livestock: Cattle contracts climb ahead of cattle on feed report
Chicago Mercantile Exchange cattle and hogs made healthy gains on Wednesday ahead of this month's cattle on feed report.
Markets