The U.S. and Canadian cow-herds are both at record lows, at a time when cattle prices are reaching record highs. The market signal to build the herd is there; however, the reality of realizing strong income selling at these prices and several years of drought means ranchers have been in sell mode, not build. That... Read More
Category: Markets
The head of Bunge says the company is ready to integrate Viterra into its business, while awaiting final approval from authorities in China. The combination of the two multi-national agribusinesses cleared a major hurdle last month when the Canadian government gave it a green light, with a list of conditions that included the sale of... Read More
Farms and ranches cannot operate without water. While having access to water seems like it should be quite straight forward, navigating government framework around access to water might not be. Team Alberta Crops and the Intensive Livestock Working Group in Alberta have been working to ensure that the provincial government had the opportunity to hear... Read More
Coming off some near-month contract highs of $200-/+ it's no surprise to see futures falling as the week closes out, but cash cattle in the south ticked higher as they caught up to northern prices this past week (Check out the related story on cattle futures here). The cutout did show signs of weakening in... Read More
There's been no avoiding the talk of tariffs in the weeks leading up to the inauguration of President Trump and his subsequent pledge to implement 25 per cent tariffs on Canada and Mexico on February 1st. New data from RealAgristudies confirms and quantifies the level of concern in Canada's agriculture sector. The results are based... Read More
Planting wheat this spring is a good option for farmers across the U.S. Northern Plains who are looking to manage input costs and want a durable crop that can stand up to weather stress. That advice comes from Limagrain Cereal Seeds team members Zach Thibault, based in Bozeman, Montana, and Troy Gerding from Fargo, North... Read More
How often is it said that farming is a lifestyle? Sometimes it is a hard one, it's sometimes frustrating, but often also rewarding in more ways than just money. While it is a lifestyle, farms and ranches are also businesses with high-stakes financial decisions required on a regular basis. With cattle prices hitting record highs,... Read More
It was a very lofty week for live cattle futures, as February and April contracts crossed $200 per contract for the first time. Driven by tightening supplies and strong demand by consumers around the world, beef has seen exceptional price appreciation. "Cash cattle markets traded above $200 average last week for the first time ever,"... Read More
Federated Co-operatives Limited (FCL) says it is formally pausing plans to move ahead with two major projects in Regina, Saskatchewan. The proposal to build a renewable diesel production facility and a joint venture canola crush plant has been suspended for the foreseeable future "due to regulatory and political uncertainty, potential shifts in low-carbon public policy,... Read More
Strong and high prices across the board was the story in the cattle markets this week. In the southern U.S., trade remains steady at $2.01. Anne Wasko of Gateway Livestock Exchange highlights that this is the first time she has reported prices at this level on the Beef Market Update. Nebraska markets are steady to... Read More