Insights and Stories on Markets

Jun. 14, 2011 at 4:09 am CDT

“Record shipments” in its Australian grain handling pipeline have added more heft to the second-quarter ledger for Canada’s biggest grain handler. Viterra last week booked profit of $33.08 million on $2.702 billion in revenue in its quarter ending April 30, up from $18.41 million on $2.027 billion in the year-earlier […]

Jun. 13, 2011 at 10:59 pm CDT

Feeder cattle prices in Western Canada were steady to $2 lower last week on light volumes and limited buying interest. Feedlot demand remains sluggish as feedyard managers struggle with inefficient weight gains, higher death loss and adverse pen conditions. The market is experiencing sharp discrepancies across Western Canada with similar […]

By Jerry Klassen

Jun. 13, 2011 at 3:52 pm CDT

Revised, June 13 — Manitoba’s provincial government has launched a three-week multimedia ad campaign urging Ottawa to reconsider its deregulation plans for the Canadian Wheat Board. Premier Greg Selinger announced the campaign Monday morning in Winnipeg, urging that the right to decide the board’s future be reserved for Prairie farmers […]

By Dave Bedard

Jun. 10, 2011 at 5:47 pm CDT

The price of feed barley has been trending higher throughout the spring and into seeding time, but one industry analyst said the market may soon start to back off. Gerald Snip of Marketplace Commodities at Lethbridge, Alta., said a lack of deliveries from producers has been behind the increase in […]

By Brent Harder

Jun. 10, 2011 at 12:57 pm CDT

The federal government’s plans to strip the Canadian Wheat Board of its single marketing desk for Prairie wheat, durum and barley have no impact — yet — on the board’s credit ratings, according to Moody’s. The CWB’s current ratings of Aaa senior and P-1 short-term are supported by the “unconditional […]