A bill re-introduced by two U.S. senators on March 24 would see U.S. meat processing facilities — that slaughter over 125,000 head of cattle each year — to purchase fifty per cent of their weekly volume of beef slaughter in the open or “spot” market. Further, these animals would need to be processed within 14… Read More
A lot is happening in the beef business right now, but we’re going to start off this week’s edition of the Beef Market Update with what is top of mind for many producers: revenue. Anne Wasko, of the Gateway Livestock Exchange, says the U.S. cash trade has been steady this week, but it follows on… Read More
It’s a bird, it’s a plane… it’s a RealAg LIVE! on markets, that starts with talk of planes! In this episode of RealAg LIVE! host Kara Oosterhuis is joined by the founder of IntelliFarm, Brian Voth, to talk canola, basis, crush capacity, soybean acres, dry conditions, and flax. Don’t miss a new RealAg LIVE! every… Read More
Saskatchewan Mining and Minerals Inc.’s Chaplin, Sask., facility is set to receive an upgrade. The company is moving forward with a $220 million upgrade to its sodium sulphate plant, expanding capacity to produce 150,000 metric tonnes of sulphate of potash (SOP) per year. The combination of sodium sulphate with Saskatchewan-produced potash will produce high-value SOP… Read More
It’s Thursday, and as we head into the Easter long weekend, we’re doing the Beef Market Update a day early. To start off, Anne Wasko of the Gateway Livestock Exchange says she has better news to report than two weeks ago based on the cash price — which seems to have some solid footing for… Read More
There was green on the screen following the release of the United States Department of Agriculture’s much-anticipated Prospective Plantings and Quarterly Grain Stocks reports on Wednesday. Both corn and soybean acres came in below what the market was looking for, as well as what the USDA projected at its outlook forum last month. “That really… Read More
If you’ve been following the canola markets, it’s been a fascinating story to say the least. There’s been a fairly large spread with new crop and old crop canola prices, and many are asking the question: when will they meet up? Jon Driedger of LeftField Commodity Research says in theory that spread — which is… Read More
This last week of March will see some new reports come in, as farmers begin to finalize seeding details both in Canada and the U.S. For today’s RealAg LIVE!, host Kara Oosterhuis is joined by Jon Driedger of LeftField Commodity Research, to talk “wildcard” crops, canola acres, rotation decisions, the forecast, and intended corn and soybean… Read More
Many cattle feeders may be describing this year as one of the most disappointing cash markets they’ve seen in a long time, especially given the demand that is out there right now. “Stuck” is the word host Shaun Haney is using to describe it, while Anne Wasko of the Gateway Livestock Exchange is using “frustrating”… Read More
This week’s financial news seems to be all about inflation concerns, but our guest today doesn’t share the same concern level as everyone else. JP Gervais, chief economist at Farm Credit Canada, joins host Shaun Haney for today’s RealAg LIVE! RealAg LIVE! streams every weekday at 3 pm E on Youtube, Facebook, and Twitter! SUMMARY… Read More
If you like acreage outlooks, discussions on the mystery of Chinese intentions, and theoretical interest rate conversations, you’re probably a lot of fun at parties. You’re also totally going to want to get in on today’s RealAg LIVE! Tap below to hear Matthew Pot of Grain Perspectives and host Shaun Haney discuss forward pricing, spreads,… Read More
ETG Commodities is expanding into Manitoba’s edible bean market with the acquisition of Globeways Canada’s bean processing facility in Plum Coulee. The deal, announced March 15, comes after Globeways Canada, and its subsidiaries Canpulse Food Ltd. at Kindersley, Saskatchewan and Global Grain Canada Ltd. at Plum Coulee, entered into receivership in November 2020. “The Plum Coulee… Read More
The Canola Council of Canada (CCC) recently announced a revitalized market access strategy to help prevent and resolve challenges in the future. More stable and open trade is the goal, and the organization plans to get there by focusing on how market access challenges are evolving at each stage of the value chain. The last… Read More
The U.S. government is moving ahead with countervailing tariffs on phosphate fertilizer from Morocco and Russia following a U.S. International Trade Commission ruling on March 11 which sided with American fertilizer producer Mosaic. The ITC decision clears the path for the U.S. Department of Commerce to begin levying duties of 19.97% on imports from Moroccan… Read More
The Port of Churchill and the rail line running to it has moved to 100 per cent local community and Indigenous ownership. AGT Food and Ingredients and Fairfax Financial have “transitioned” their 50 per cent stake in the Arctic Gateway Group to OneNorth, a consortium of community and Indigenous partners, according to a news release… Read More
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