Insights and Stories on Markets

Klassen: Flooding, rains weigh on feeder cattle prices

May. 10, 2011 at 5:32 am CDT

Feeder cattle prices were steady to $2 lower last week as larger supplies weighed on the market structure. Backgrounding operators were waiting for drier conditions to liquidate supplies and there was a short window of opportunity last week. However, feedlot operators showed very little interest with the forecast for additional […]

Drozd: Weak U.S. dollar lends underlying support to commodity prices

May. 8, 2011 at 10:12 am CDT

By David Drozd

Commodity storm leaves food concerns intact

May. 6, 2011 at 5:18 pm CDT

By Gus Trompiz marie-maitre

StatsCan confirms tight canola stocks

May. 6, 2011 at 11:19 am CDT

By Phil Franz-Warkentin

Canola growers’ group crushes its CWB idea

May. 5, 2011 at 4:13 pm CDT

StatsCan seen confirming tighter stocks Friday

May. 4, 2011 at 5:50 pm CDT

Statistics Canada is expected to confirm tightening supplies of most grains and oilseeds, aside from wheat, in the agency’s latest stocks in all positions report, to be released Friday. The report is to show the stocks being held on-farm and in commercial positions as of March 31. “From a general […]

By Phil Franz-Warkentin

Australia clears Agrium to shed AWB grain business

May. 4, 2011 at 4:55 pm CDT

Fertilizer and ag retail giant Agrium has the blessing of Australia’s foreign-investment watchdogs to sell the former Australian Wheat Board’s grain handling business to Cargill. Calgary-based Agrium and Minneapolis-based Cargill confirmed Wednesday the sale of the AWB Commodity Management business will raise no objections from Australia’s Foreign Investment Review Board […]

Australia awaits Canada in Korean beef market

May. 4, 2011 at 4:31 pm CDT

An Australian meat marketing and market development agency would welcome Canadian beef’s return to South Korea, according to reports. Jim Lim, regional manager in Korea for Meat and Livestock Australia (MLA), was quoted Monday by Australian network ABC as saying such a move — which he believes will happen this […]

CWB to survive without monopoly, Ritz says

May. 3, 2011 at 4:00 pm CDT

The Canadian Wheat Board, the last major agricultural marketing monopoly in the world, can survive the loss of its exclusive hold over the buying and selling of Western Canada’s wheat and barley and compete in an open system, Agriculture Minister Gerry Ritz told Reuters on Tuesday. Ritz’s Conservative Party won […]

By Rod Nickel

Good barley bids available, but activity slow

May. 3, 2011 at 12:00 pm CDT

Cash barley bids in the key Lethbridge, Alta. feeding area may have been seeing a little strength over the past month, but wet conditions in the area are limiting both willing buyers and available sellers. Jim Beusekom of Market Place Commodities said muddy conditions at most feedlots are causing many […]

By Phil Franz-Warkentin