Reading Time: < 1 minute Spring wheat bids in Western Canada were mixed during the week ended Oct. 21, with losses in hard red spring wheat and gains in other classes.
Prairie spring wheat bids mixed
U.S. livestock: Live cattle continue higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Tuesday, seeing a continuation of Monday’s gains as values remain near record highs. The ongoing shutdown of the United States government will likely delay the publication of monthly cattle on feed data scheduled to come out on Friday. However, market expectations are for a […] Read more
U.S. livestock: Live cattle correct higher
Reading Time: < 1 minute Live cattle futures on the Chicago Mercantile Exchange were stronger on Monday, taking back some of Friday’s losses amid ideas the declines were overdone. Cattle futures posted limit-down losses on Friday following comments from United States President Donald Trump that he would lower beef prices. Trump also said over the weekend that beef purchases from […] Read more
Only minor shifts in latest AAFC grain/oilseed balance sheets
Reading Time: 2 minutes Updated supply/demand estimates from Agriculture and Agri-Food Canada, released Oct. 17, included only minor adjustments to the balance sheets for the country’s major grains and oilseeds.
ICE canola weekly outlook: Off lows, but sideways trade likely
Reading Time: < 1 minute Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.
U.S. livestock: Cattle at fresh highs, hogs weaken
Reading Time: < 1 minute Cattle futures on the Chicago Mercantile Exchange climbed to fresh highs on Tuesday, as tight supplies and the ongoing closure of the U.S./Mexican border to cattle from Mexico kept values well supported. The December live cattle contract gained 1.750 cents per pound at 246.500 cents. Chart-based positioning contributed to the gains, according to participants, with […] Read more
Alberta harvest wrapping up: report
Reading Time: < 1 minute Harvest operations advanced to 96 per cent complete in Alberta as of Oct. 7, with only a few late-seeded cereal and canola fields remaining, according to the latest provincial crop report.
Canadian agriculture minister MacDonald headed to Mexico
Reading Time: < 1 minute Canadian Minister of Agriculture and Agri-Food, Heath MacDonald, will lead a ministerial mission to Mexico next week, Oct. 14-17.
Ample supplies and improved livestock sector to boost Canadian feed sector: FCC
Reading Time: 3 minutes Abundant feed grain supplies and improved profitability for the livestock sector should support strong feed demand and sales through the winter, says a new report from Farm Credit Canada.
Saskatchewan harvest nearing completion: Report
Reading Time: 2 minutes Saskatchewan farmers made good harvest progress during the first week of October, only seven per cent of crops still in the field as of Oct. 6, according to the latest provincial report. Dry conditions over the past few weeks allowed harvest to catch up to seasonal averages.
A message from April Stewart, Country Guide's Associate Editor
