The strike at the Port of Montreal has ended following the passage of federal back-to-work legislation. Bill C-29 received Royal Assent after being approved by the Senate late Friday (April 30), mandating the resumption of all port activities at 12:01 am on May 1. It was approved by the House of Commons early Thursday morning…. Read More
If you’re a cattle feeder who’s been following the value of the Canadian dollar, you’ll know it’s not moving in the right direction for people in the export market. Combine that with rising feed costs and the price of feeder cattle, the input costs for the feeder are not headed toward higher profitability. Lethbridge barley… Read More
This cattle market is something right now, to say the least. Demand has been fantastic — exports are strong, and domestic consumption is there, and yet it’s not making its way back to the primary producer in terms of pricing, creating a frustrating situation for feeders. Anne Wasko of the Gateway Livestock Exchange says that… Read More
Canola, wheat, pulse crops, barley, and more acreage numbers were released in Statistics Canada’s report today. The numbers are what they are, and hopefully Statistics Canada was able to complete surveys that gave fairly accurate ones. To break it down for us, Neil Townsend, senior market analyst at FarmLink Marketing Solutions, joins Shaun Haney for… Read More
It’s a big day when the Statistics Canada acreage report is released for all the major field crops in Canada. To understand if the numbers are above or below expectations, Shaun Haney is joined by Jon Driedger, grain market analyst with LeftField Commodity Research. To start the conversation off, canola acres are up from last… Read More
Update, April 25: Federal Labour Minister Filomena Tassi has given formal notice to Parliament that the government is prepared to introduce “An Act to provide for the resumption and continuation of operations at the Port of Montreal” if the two sides are unable to reach a deal. The legislation could be introduced in the House of… Read More
A bill reintroduced by two U.S. senators on March 24 would see U.S. meat processing facilities — those that slaughter over 125,000 head of cattle each year — purchase 50 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