Canadian trade-dependent agricultural stakeholders are keeping a close eye on the political turbulence in Washington, D.C., as cross-border trade dynamics with the United States continue to evolve. A recent delegation trip by the Canadian Agri-Food Trade Alliance (CAFTA) to the U.S. capitol revealed a cautious but strategic atmosphere surrounding the future of agricultural trade—and a… Read More
Author: Marketteam
“Incredible” and “on-fire” are just a couple of descriptors that Anne Wasko of Gateway Livestock Exchange uses to describe the markets in this episode of Beef Market Update. When it comes to the U.S., new records continue to be set and Wasko says that a ‘pile of cattle’ were traded last week. This week started… Read More
While most Canadian eyes and ears have been tuned to the U.S. and its president’s next move, the U.S. markets have been focused on China. So much of the current news cycle has been centred on the U.S. tariffs on Canadian products, but there is another U.S. policy looming — on incoming Chinese and Chinese-made… Read More
Erratic is the word of the day and the markets are responding hour-by-hour, day-to-day, and week-to-week with the news, says Anne Wasko of Gateway Livestock Exchange in this episode of the Beef Market Update. In the southern U.S., cash markets bounced back last week and have managed to hold those gains. This follows a cycle… Read More
The cattle market is well known for its ebbs and flows with the availability of grass, and the lamb market follows a similar pattern, though to a lesser extent. The impact of drought on the lamb market is just one thing that Angus Gidley-Baird, animal protein analyst for Rabobank out of Australia, and RealAgriculture’s Lyndsey… Read More
How do farmers factor in the whirlwind of tariff news that continues to swirl around them as they attempt to navigate commodity markets? Jody Lawrence, founder of Strategic Trading Advisors, compares the situation to “a Rubik’s cube that’s fighting back.” Joining the Tuesday edition of RealAg Radio, he says tariffs are a real wild card…. Read More
This week held no big surprises in the beef markets. While markets were lower last week, Anne Wasko of Gateway Livestock Exchange surmised that would continue into this week and confirmed that it has. The dressed market in the U.S. is down and the wholesale market is under pressure as well; however, showing signs of… Read More
The fertilizer market doesn’t move in lock-step with the grain markets — both the peak demand and trends work on their own timelines. Which is too bad, of course, when commodity prices drop but fertilizer prices don’t follow suit. Both the fertilizer and commodity markets are, however, working through uncertainty and trade disruption created by… Read More
If there’s one thing that’s predictable in the current grain markets, it’s unpredictability. While farmers are not complaining about a trend reversal in the corn market to the upside, the uncertainty of what’s at play in the market does create some stress. To unpack what’s happened and what to watch for in the coming days… Read More
Markets in the United States faltered this week. While prices hit a high two weeks ago, this week they settled $7–$8 lower than last week. Unsurprisingly for the time of year, packers have cut kills this week, but that wasn’t enough to support the choice cutout, which dropped $6.50. While the U.S. experienced reduced prices,… Read More