Insights and Stories on Markets

Improving basis boosts Prairie wheat bids

Aug. 11, 2014 at 5:11 pm CDT

CNS Canada — Average bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheat were stronger during the week ended Monday, as improving basis levels more than compensated for declines in U.S. futures. Average spot bids for CWRS (13.5 per cent protein) across Manitoba, Saskatchewan and […]

U.S. livestock: CME live cattle turn higher on short-covering

Aug. 11, 2014 at 4:32 pm CDT

By Theopolis Waters

U.S. grains: Wheat prices slide in see-saw trade

Aug. 11, 2014 at 4:12 pm CDT

By Rod Nickel

Olymel seeking other markets for Russia-bound pork

Aug. 10, 2014 at 1:32 pm CDT

By Staff

European farmers feel Russian sanctions’ bite

Aug. 10, 2014 at 11:12 am CDT

Russia may negotiate price limits with domestic producers

Aug. 10, 2014 at 10:37 am CDT

Moscow | Reuters –– Russia may negotiate a price control agreement with domestic food producers to prevent speculative price hikes that would affect inflation after it banned half its agricultural imports from the West, the agriculture ministry said late Friday. Russia banned meat, fish, dairy, fruit and vegetables imports from […]

Klassen: Softer fed cattle prices temper feeder market

Aug. 10, 2014 at 10:30 am CDT

In comparison to seven days earlier, Alberta rail grade prices ended the week down $2 to $5, setting the brakes in the feeder cattle complex. Feedlot managers appeared to be walking on hot coals in auction barns late in the week, with live cattle futures down the limit two days […]

By Jerry Klassen

Wet spring hurts canaryseed crop prospects, lifts prices

Aug. 10, 2014 at 1:05 am CDT

CNS Canada — The Prairies’ wet spring appears to have cut into the amount of canaryseed acres planted in Western Canada. David Nobbs, chairman of the Canaryseed Development Commission of Saskatchewan, said he recently took a drive around canaryseed planting areas in the province’s southeast — and while some areas […]

By Dave Sims

Record-high pork values to cushion Russia’s sanctions

Aug. 8, 2014 at 6:35 pm CDT

Russia’s retaliatory sanctions on Canadian agrifood, while disappointing from where Manitoba’s pork producers sit, aren’t expected to hurt the sector in the near term. Following a declaration from President Vladimir Putin on Wednesday, Russian Prime Minister Dmitry Medvedev on Thursday confirmed the government has “completely banned the importation” of beef, […]

By Dave Bedard

U.S. grains: Wheat pulls back, registers weekly gain

Aug. 8, 2014 at 5:34 pm CDT

Reuters — U.S. wheat futures fell for a second session on Friday on profit-taking but still ran up nearly three per cent this week, partly on fears of disrupted grain flows from the Black Sea region. New-crop corn fell, while soybeans turned higher and both notched weekly gains after spillover […]

By Rod Nickel