Dry peas saw sharp reductions in Statistics Canada's report on grain stocks as of July 31. Released on Sept. 9, the StatCan report showed on-farm and commercial dry pea stocks at a combined 348,000 tonnes, down from 550,000 the previous July. The current stocks also came in below the five-year average of 398,600 tonnes.
Markets/Business — page 95
Pulse Weekly: India largely responsible for drop in Canadian dry pea stocks
Most Prairie farm product prices drop: StatCan
Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before, while cattle prices continued to rise, according to Statistics Canada's (StatCan) monthly farm product prices released on Sept. 10.
Klassen: Feeder cattle markets in price discovery mode
For the week ending September 7, Western Canadian yearling markets traded steady to $5/cwt higher in Alberta but steady to $6/cwt lower in Saskatchewan and Manitoba compared to seven days earlier. Major feedlots in Alberta appear to be focusing on local cattle. The calf market is in price discovery mode with prices quoted $10/cwt higher to $10/cwt lower.
U.S. grains: Soybeans climb on export demand, dry weather in US and Brazil
U.S. soybean futures rose about one per cent on Monday, supported by fresh export demand, dry weather in the Midwest crop belt and uncertainty about the start of planting in Brazil, traders said.
U.S. livestock: Cattle futures rally in turnaround from slide last week
Chicago Mercantile Exchange live cattle and feeder cattle futures rallied on short covering on Monday, analysts said, as the markets recovered from a slide last week.
Chinese tariffs not expected to stop canola flow
Anti-dumping investigation announcement had an immediate affect on prices, but market access not seen as major worry
China's shot across Canada's bow is splashing alarmingly close to U.S. farmers, who also felt the impact of China's announced anti-dumping investigation into Canadian canola as American elevator prices reflected the selloff.
Canadian canola ending stocks largest since 2020
Canadian canola ending stocks for 2023/24 were up significantly from the carryout the previous year, while revisions to the year-ago data saw wheat stocks tighten, according to the latest data from Statistics Canada released Sept. 9.
U.S. livestock: CME cattle fall amid fears over labour market
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Friday on a dip in equities markets, slowing momentum in the labour market and a weak cash cattle trade, analysts said. Lean hog futures also fell as industry players anticipated a large supply of heavy hogs to hit the market […] Read more
U.S. grains: Soybeans, wheat and corn fall on profit taking
Chicago | Reuters – Chicago soybean futures slid on Friday on expectations of large U.S. yields and profit taking following a rally earlier in the week sparked by speculators unwinding large short positions, traders said. Wheat and corn futures also dipped as funds sought profits and positioned ahead of two U.S. Department of Agriculture reports that will […] Read more
Solid Canadian grain/oilseed exports to start 2024/25
Canadian grain and oilseed exports through the first month of the 2024/25 marketing year are running well ahead of what moved during the same time the previous year, with just over a million tonnes of canola already moved, according to the latest data from the Canadian Grain Commission. Total exports of all the major grain, […] Read more
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