Insights and Stories on Sales

Mar. 17, 2020 at 2:33 pm CDT

You may want to call first to see if it’s open, but many auction marts in Alberta were still having sales on Tuesday morning. The Livestock Marketing Association of Canada has a conference call set for this evening to discuss COVID-19 safety measures for staff, customers and buyers, said Chance […]

By Alexis Kienlen

Feb. 7, 2020 at 8:54 pm CST

Toronto | Reuters — Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week. Canada legalized recreational cannabis in October 2018 but profits have […]

By Nichola Saminather

Feb. 5, 2020 at 9:41 am CST

MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) reported farmland values across Canada increased by an average of 6.6 per cent during the previous year. But that’s not […]

By Marlo Glass – MarketsFarm

Jan. 7, 2020 at 7:29 pm CST

Alberta packers were buying fed cattle on a dressed basis at an average price of $275 delivered, which equates to $165 on a live basis. Fed cattle prices are now at 52-week highs and feeding margins are in the range of $50 to $70 per head. Strength in the cash […]

By Jerry Klassen

Dec. 9, 2019 at 6:51 pm CST

Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo shipments of the oilseed from the United States, or about 300,000 tonnes, traders said. A rally to four-week highs in […]

By Tom Polansek