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Tag Archives soybean meal

(Richardson International video screengrab via YouTube)
Crops, Markets

July canola crush sets new records

Soybean crush down slightly from last July

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MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. The federal agency pegged the […] Read more
ICE March 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly: Canola regains strength after days of declines

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MarketsFarm — After a losing string of four straight sessions, the ICE Futures March canola contract regained some strength on Wednesday. Limited and choppy trading in nearby soybean contracts had pulled down canola for most of the week, according to Winnipeg-based independent trader Jerry Klassen. “When the March got up to $868-$870 (per tonne)… there […] Read more
ICE January 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola still rangebound but upside possible

Crush margins expected to stay high for now

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MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the psychological resistance level. Since nearly hitting the $900 per tonne mark on Nov. 15, the January canola contract declined for eight straight sessions before going […] Read more
Roger Smith, Business Development & Territory Manager with Protekta was the one to bring the product to Canada after touring Denmark.
Livestock, News

New water-treated soymeal concentrate aimed for piglets

The Danish product can replace heat-treated soymeal

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A new-to-Canada soymeal product uses water to remove the anti-nutritional factors found in soybean meal. Protekta is the Canadian distributor for a new soy-protein concentrate called AX-3 Advanced for piglets in creep, first and second stages of nursery diets. The feed should improve protein absorption by piglets and help reduce the use of zinc oxide, […] Read more
(Queserasera99/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Benchmark report out for fababeans, feed peas

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MarketsFarm — Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing “a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas” in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, “Grains are softening further on the […] Read more
Dr. Egan Brockhoff has been working with the Canadian Food Inspection Agency on risk factors for imported feed, and a document about that is expected to be published soon.
Livestock, News

Feed from China poses major ASF danger

China is the only source of certain amino acids needed for hog rations, and even packaging can carry the virus

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Imported feed ingredients are a major risk factor for entry of African swine fever into Canada. The highly contagious hemorrhagic fever is a major problem in China and other Canadian trading partners. Studies have shown the virus can survive in feed during an ocean crossing to North America. Why it matters: African swine fever would […] Read more
Crops

World crop briefs: China seeks cuts to soy in feed

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CNS Canada — The China Feed Industry Association is proposing soybean meal in hog rations be reduced, to offset rising costs and reduced supplies caused by the U.S.-China trade war. China imported about 87 per cent of its soybean needs last year and one-third of that came from the U.S., according to a report in […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat lower on technicals, better weather

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Chicago | Reuters — U.S. wheat futures fell to a one-week low on Monday on technical selling and an improving weather outlook, including beneficial moisture in parts of the Midwest winter wheat belt, analysts said. Soybean futures set a two-week low on forecasts for much-needed moisture in parts of Argentina, and corn sagged as well. […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Hefty supply pushes soy to 10-week low

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Chicago | Reuters — U.S. soybean futures fell on Friday, with the nearby contract touching its lowest level in more than 10 weeks, under pressure from hefty global supplies, while soybean meal futures approached a six-year low. Expanding inventories and concerns about sluggish demand also pushed front-month corn futures to their lowest price in more […] Read more

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