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CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soybeans fall with exports in focus

Ukraine's hindered exports 'priced in' on values

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Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Thursday, with traders noting the market has already absorbed supply disruptions from the Black Sea region following Russia’s invasion of Ukraine a month ago. “It feels like the market has priced in that there will be an issue with corn and […] Read more
CBOT May 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures rise on strong exports

Corn, wheat futures mixed

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Chicago | Reuters — U.S. soybean futures firmed on Tuesday on signs that export demand for U.S. supplies remained firm even as South American farmers harvest their crops. Corn and wheat futures were mixed, with nearby contracts easing and deferred offerings rising. “It is really a mixed bag out here,” said Mark Gold, managing partner […] Read more
CCA president Bob Lowe speaks at a press conference in Ottawa on March 21, 2022, calling for federal back-to-work legislation to end a work stoppage at Canadian Pacific Railway. (CPAC video screengrab via YouTube)
Crops, Markets

Ag industry groups seek legislated end to CP stoppage

Feed, fertilizer traffic already way behind, groups say

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Warning they don’t have time to wait on negotiation, representatives for cattle feeders, fertilizer producers and grain growers took to Parliament Hill on Monday to press for the federal government to instead legislate Canadian Pacific Railway’s engineers and conductors back to work. Traffic halted on CP lines just after midnight ET Sunday morning as the […] Read more
CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy up on expectations for long Ukraine conflict

Funds seen buying in after last week's losses

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Chicago | Reuters — U.S. wheat and corn futures jumped on Monday, with traders saying that exports from the Black Sea region will continue to be disrupted this week due to the fighting in Ukraine. Soybean futures also rose sharply, following gains in the crude oil market that also stemmed from major ructions to energy […] Read more
Feeder cattle placements in January 2022 were four per cent lower than the previous year.
Beef Cattle, Markets, News

Cull cow prices see normal first-quarter improvement

The Markets with Deb McMillin, from the April 2022 issue of Canadian Cattlemen

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Fed cattle Large kill volumes through February and increased front-end supply in the U.S. have held the fed cattle market in a tight trading range. Fed cattle prices in Western Canada ranged from $161.31/cwt to $163.24/cwt over a four-week period. The fed steer average on March 11 was $161.72/cwt. While the fed average is $11.72/cwt […] Read more
(File photo by Dave Bedard)
Crops

CP engineers, conductors locked out; talks continue

'Parties are working through the night': O'Regan

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A lockout has begun at Canadian Pacific Railway affecting its 3,000-odd unionized engineers, conductors and train and yard service staff, effectively shutting down CP service. “The work stoppage has begun, but CP and (the Teamsters Canada Rail Conference) are still at the table with federal mediators,” federal Labour Minister Seamus O’Regan said in a statement […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC warns of uncertainty in latest crop outlook

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MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion […] Read more

Canadian Cattlemen Presents: Depth of Field

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