Insights and Stories on Markets

Jan. 24, 2012 at 5:30 pm CST

Western Canadian canola cash bids continue to remain strong, with solid demand and concerns about South American weather providing support. However, one analyst says, the advances seen in canola cash values may have reached their top levels. Currently, cash prices for canola range from $11.75 to $12 a bushel for […]

By Adam Johnston

Jan. 24, 2012 at 2:59 pm CST

The Philippines’ government has reopened the country’s ports to imports of live Canadian cattle, sheep and goats. Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast announced the decision Tuesday, with Fast describing it as “yet another win for Canadian workers and producers and their families.” The Philippines imports […]

Jan. 23, 2012 at 7:35 pm CST

Western Canadian feeder cattle under 600 pounds were up $8-$10 per hundredweight (cwt) this past week. A small group of exotic steers averaging 570 pounds sold for $170/cwt in west-central Alberta; black Angus-cross steers averaging 535 pounds touched $185/cwt in the same region. Heavier feeders were averaging $5-$8/cwt higher over […]

By Jerry Klassen

Jan. 23, 2012 at 5:57 pm CST

New milling wheat, durum and barley contracts began trading on the ICE Futures Canada trading platform on Sunday at 7 p.m. CT, with only milling wheat actually experiencing any trade during its first day of activity. One October milling wheat contract traded at $257.20 per tonne, while two December contracts […]

By Dwayne Klassen

Jan. 21, 2012 at 5:01 am CST

U.S. federal regulators have approved MGEX’s plan to remove U.S. origin as a condition of delivery on its hard red spring wheat (HRSW) contract. The Minneapolis grain exchange said Thursday it’s received approval from the Commodity Futures Trading Commission (CFTC) for this change and others to its "flagship" HRSW contract. […]