Insights and Stories on Markets

Striking Quebec pork plant staff reject deal with Olymel

Aug. 18, 2021 at 5:51 pm CDT

Quebec’s hog farmers now want Premier Francois Legault to step in on a months-long strike at a major pork packing plant after its workers rejected a tentative deal between their union and employer. Workers at Olymel’s plant at Vallee-Jonction, about 60 km southeast of Quebec City, met Tuesday evening to […]

Nutrien confident in potash demand even with BHP project

Aug. 17, 2021 at 6:56 pm CDT

By Nia Williams

BHP approves Saskatchewan potash project’s completion

Aug. 17, 2021 at 3:03 pm CDT

By Dave Bedard

Pulse weekly outlook: Pulse trade with India strong, but flawed

Aug. 17, 2021 at 1:33 pm CDT

By Adam Peleshaty

Feed weekly outlook: Prices to decline in September

Aug. 12, 2021 at 3:11 pm CDT

By Adam Peleshaty

U.S. slashes corn, soybean, wheat harvest forecasts

Aug. 12, 2021 at 3:05 pm CDT

Chicago | Reuters – The U.S. government slashed its outlook for domestic corn production by 2.7 percent and its soybean harvest view by 1.5 percent on Thursday as dry soils in key western growing areas cut into the potential for a bumper harvest. The dry conditions also hampered U.S. wheat […]

By Mark Weinraub

Slow U.S. corn shipments could pressure supply forecasts

Aug. 11, 2021 at 9:19 am CDT

Reuters – The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the government’s current forecast because the pace has recently been too slow. Disappointing export inspections last week – a marketing year low – might be […]

By Karen Braun

Klassen: Drought conditions spur on fall cattle run

Aug. 3, 2021 at 9:01 am CDT

Compared to last week, Western Canadian feeder yearling prices were relatively unchanged; calves traded $2 to $5 lower. The fall run has started. Drought like conditions have caused many ranchers to sell cattle 30 to 45 days earlier than normal. Steers averaging 900 pounds were readily trading in the range […]

By Jerry Klassen

Klassen: Feed barley rally pressures feeder cattle market

Jul. 27, 2021 at 10:13 am CDT

Compared to last week, Western Canadian yearling steers traded $4 to $8 lower while heifers were down $2 to $4. Calves traded $5 to as much as $10 below week-ago levels. Feed barley in the Lethbridge area traded in the range of $390/tonne to as high as $415/tonne, up $25-$30/tonne […]

By Jerry Klassen

Durum markets reckon with weather

Jul. 23, 2021 at 4:20 am CDT

MarketsFarm — The higher temperatures soared and the longer between rains in Western Canada, the lower the yield projections for most crops — and drought-tolerant durum wheat is no exception. With bids already elevated due to a downturn in potential new-crop supply, the price of durum could rise even higher. […]

By Adam Peleshaty