Insights and Stories on Markets

Klassen: Feeder cattle remain firm

Feb. 22, 2011 at 1:16 pm CST

Feeder cattle prices in Western Canada were steady to slightly higher in comparison to week-ago levels. Auction market volumes or feedlot placements appear to be increasing as fall-backgrounded calves come on the market. Steers just over 500 pounds touched the $170 per hundredweight (cwt) level in southern Alberta; 6-weight cattle […]

Japan taking slightly lower-protein Canadian wheat

Feb. 18, 2011 at 11:03 am CST

By Phil Franz-Warkentin

Canola Cash Bids Drop, But Basis Should Tighten

Feb. 17, 2011 at 5:18 pm CST

By Phil Franz-Warkentin

Canola cash bids drop, but basis should tighten

Feb. 16, 2011 at 2:59 pm CST

By Phil Franz-Warkentin

Klassen: Feeder cattle hold value

Feb. 15, 2011 at 5:00 am CST

By Jerry Klassen

Bargain-hungry Americans bid up price of “cheap” beef

Feb. 14, 2011 at 7:00 pm CST

With more Americans tightening their belts, demand for cheaper cuts of U.S. beef has actually pushed the price of select-grade beef higher than the generally more expensive choice cuts. For the first time in nearly two years, select-grade beef prices are above those for better-quality choice grade, according to U.S. […]

By Michael Hirtzer

Sunflowers face stiff competition in Manitoba

Feb. 11, 2011 at 1:36 pm CST

Sunflower prices in southern Manitoba may be strong heading into the spring, but so are most other options and the crop will likely see a reduction in acres, according to a sunflower merchant. “Right now, we’re struggling like all special crops, to get farmers to grow (sunflowers),” said Bruce Wiebe […]

By Phil Franz-Warkentin

Drozd: Soybean oil lends underlying support to canola

Feb. 11, 2011 at 11:40 am CST

The oilseed complex has been well supported by the strong vegetable oil market. This is evidenced by the steep uptrending channel illustrated on the monthly soybean oil chart. This rally began with the development of a “two-month reversal” back in July 2010. This particular “two-month reversal” is seen at the […]

By David Drozd

Bank of Canada wary of commodity market reform

Feb. 10, 2011 at 11:55 pm CST

The Bank of Canada warned Thursday against hasty reform of commodity markets, carving out its position for a G20 meeting in France where officials will discuss curbs on commodity speculators. John Murray, a deputy governor at the central bank, said before tightening regulations world leaders should first determine how much […]

By bruce-johnstone

Egypt seeks to buy wheat even as turmoil heightens

Feb. 10, 2011 at 11:50 pm CST

Egypt’s main government wheat buyer on Thursday turned to Canada and other markets for a second time in a week, suggesting the procurement process for the world’s biggest importer has not been disrupted by political turmoil. Egypt sought offers from top exporting nations such as the United States, Canada and […]

By sherine-el-madany