Grain markets, with the possible exception of soybeans, appear to have bottomed out and are showing signs they’re entering a period of sideways trade, says the president of grain market consulting firm Intellifarm. He’s not feeling bullish yet, but after striking a negative sentiment in his regular appearances on RealAg Radio over the last two… Read More
Category: Markets
A trio of investors are bringing together several existing crop-handling facilities in Saskatchewan to launch a new pulse and specialty crop company. Harvest Grain Ltd., which already owns canaryseed processor Bornhorst Seeds Ltd. at St. Gregor in northeast Saskatchewan, says it has acquired full ownership of specialty crop handler Harvest Milling at Fillmore, in the… Read More
Trade was slow to get moving this week in the U.S. In this Beef Market Update, Anne Wasko of the Gateway Livestock Exchange tells RealAgriculture’s Shaun Haney that this could be due to packers possibly dragging their feet on the choice cut out, which has lost some of its momentum. There is still a strong… Read More
Canada’s Agriculture Minister Lawrence MacAulay is quietly heading to China on an unannounced trip to work on mitigating harm from potential Chinese duties on Canadian canola. The timing and magnitude of possible tariffs or restrictions on Canadian canola are still unclear, but the industry is bracing for the possibility of retaliatory measures taking effect in… Read More
Initial market reaction to an incoming Donald Trump presidency has been positive for most financial markets, however commodity market moves haven’t been as decisively upward as the market digests several unanswered questions. Neil Townsend, market analyst with Grainfox, says the very early reaction on Wednesday trended a little negative, even, and that’s not likely a… Read More
Trade in Canada’s agriculture sectors depend not only on having reliable products to take to market, and the capacity to get them there, but also on industry advocacy and the ability to lobby the government for the needs of each sector. Stephen Heckbert, executive director of the Canadian Pork Council (CPC), says that their organization’s… Read More
As the calendar moves toward 2025, global pork producers, despite improving profitability, continue to face challenges from trade, disease and demand uncertainties. In its recent report on global pork markets, Rabobank says these questions as well as the potential impacts of political instability and La Niña further complicate a market that is currently experiencing a… Read More
Discussions surrounding different agricultural policies and their impacts on Canadian industry have been a common theme in the last while. A few of those policies that could end up having a notable impact are three that are in the process of being introduced in the United States. In an interview about these three policies and… Read More
Holiday season — the U.S. Thanksgiving and Christmas time of year — is around the corner, and that’s showing in the beef market. The upcoming holidays are impacting the choice cutout and while the chuck primal is starting to come off, the strength of the market is in the loin and rib cutouts, says Anne… Read More
Farmers have been slow to price crop and while that won’t drive prices higher, it could be playing a factor in providing a bit of a floor for crop prices, says Jon Driedger, market analyst with LeftField Commodity Research. Markets are definitely a little ho-hum these days, he says, with most crops being range-bound. Canola… Read More