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Markets/Business — page 92

“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd.  Photo: MaksymTopchyi/iStock/Getty Images
Markets

Canadian purchases of U.S. corn off to slow start

By Phil Franz-Warkentin September 19, 2024
Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.

The harvest in Saskatchewan advanced 13 points for the week ended Sept. 16, at 74 per cent complete, despite rain in some parts of the province. Photo: Thinkstock
Crops, Markets

Saskatchewan crop report: Combining at about three-quarters mark

By Glen Hallick - MarketsFarm September 19, 2024
The harvest in Saskatchewan advanced 13 points for the week ended Sept. 16, at 74 per cent complete, despite rain in some parts of the province. The pace of combining was eight points behind this time last year, but 11 ahead of the five-year average.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Soy ticks up on drought concerns, traders eye US harvest

By Heather Schlitz, Reuters September 18, 2024
Soybean futures climbed on Wednesday on a round of short covering sparked by concerns over hot, dry weather in top producer Brazil that may threaten soybean seeding, traders said.

Photo: iStock/Getty Images
Markets

U.S. livestock: Hog futures up slightly on firm demand, weaker dollar

By Heather Schlitz, Reuters September 18, 2024
Chicago Mercantile Exchange lean hog futures ticked up on Wednesday as pork cutout values remained strong and a weaker dollar made U.S. exports more competitive, traders said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

CBOT Weekly: Possible Chinese trade action of little concern

By Glen Hallick - MarketsFarm September 18, 2024
As price movement in soybeans on the Chicago Board of Trade continued to be a tussle between dry conditions in Brazil versus pressure from the United States harvest, Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago, suggested not to pay much attention to any trade action China might soon take against U.S. soybeans.


(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Wheat slips as concerns over Black Sea tensions fade

By Heather Schlitz, Reuters September 17, 2024
Chicago wheat futures eased on Tuesday as geopolitical tensions between Russia and Ukraine faded into the background and brisk exports of Black Sea wheat continued to pose tough competition to U.S. wheat exports, traders said.

(Canada Beef Inc. photo)
Markets

U.S. livestock: Cattle futures rise on strong stock market, retail sales

By Heather Schlitz, Reuters September 17, 2024
Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.

Photo: Thinkstock
Markets, News

Researchers call for rapid adaptation to global trade environment 

By Karen Briere September 17, 2024
Canada must prepare for a future featuring a less friendly trade environment, says a new policy note authored by two leading policy analysts. Al Mussell and Ted Bilyea, researchers at Agri-Food Economic Systems Research, said the recent action by China on Canadian canola illustrates their point.


Photo: File
Markets

Largest Canadian chickpea crop in over two decades

By Phil Franz-Warkentin September 17, 2024
Canadian chickpea production hit its largest level in over two decades in 2024, although the increased supplies have cut into prices.

Photo: Canada Beef Inc.
Livestock, Markets

Klassen: Discounts start to appear in the feeder market

By Jerry Klassen September 17, 2024
For the week ending September 14, Western Canadian feeder cattle prices were relatively unchanged compared to seven days earlier. However, yearling quality has become quite variable resulting in a diverse price structure.

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