Reading Time: 2 minutes Although the price increases for Canadian yellow peas have started to slow, there could be more of the peas planted come spring, said Kress Schmidt, broker with Johnston Grains in Calgary.
Pulse Weekly: Spike in yellow peas slowing
Bayer to build Winnipeg canola research site
Reading Time: < 1 minute Bayer will build at $45 million canola research and development centre in Winnipeg the company announced on Monday.
Russia targets seeds market as traditional export customers boost grains production
Reading Time: 2 minutes Russia, the world’s largest wheat exporter, will target global markets with its seeds and technologies as its grain markets are expected to shrink with other countries raising production, Agriculture Minister Oksana Lut said on Tuesday.
China buys more Canadian canola
Reading Time: 2 minutes Chinese importers secured up to 10 Canadian canola cargoes following Prime Minister Mark Carney’s visit to Beijing earlier this month, two trade sources told Reuters.
Klassen: Western Canadian calf prices ratchet higher
Reading Time: 2 minutes For the week ending January 24, Western Canadian feeder cattle markets traded $10/cwt lower to $10/cwt higher compared to seven days earlier. The market was quite variable depending on flesh conditions and genetic quality. Prices for backgrounded yearlings or fall placed calves were steady to $5 higher on larger packages on controlled weight gain diets; […] Read more
U.S. grains: Wheat falls after hitting six-week high on U.S., Russia crop worries
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures pulled back after climbing to a six-week high on Monday as worries eased about cold weather threatening U.S. and Russian crops. Corn and soybean futures also retreated from multi-week highs. Traders focused on the weather as temperatures remained frigid after a severe winter storm blasted […] Read more
U.S. livestocK: CME cattle advance as brutal cold threatens herds
Reading Time: 2 minutes Chicago | Reuters – Chicago Mercantile Exchange cattle futures jumped on Monday as bitterly cold weather was expected to slow weight gain in the decimated U.S. herd, analysts said, while hog futures stormed to contract highs. U.S. cattle inventories are tight after ranchers slashed the nation’s herd to its smallest size in decades due to […] Read more
Federal food affordability measures, food security strategy announced
Reading Time: < 1 minute The federal government has pledged to fund several measures aimed at strengthening food security and affordability.
Bank of Canada expected to keep rates on hold on Wednesday
Reading Time: 2 minutes The Bank of Canada is widely expected to keep its policy interest rate on hold at 2.25 per cent on Wednesday.
China says trade arrangements with Canada not aimed at third parties after U.S. tariff threat
Reading Time: < 1 minute Arrangements between China and Canada to address bilateral economic and trade issues are not targeted at any third party, the Chinese foreign ministry said on Monday, in response to a U.S. threat to impose 100 per cent tariffs on Canada if it finalizes a trade deal with Beijing.