Barley, Market talk, Markets

Feed barley update

Posted on March 6, 2019 by Jerry Klassen

Markets, News, Prime cuts

U.S. cattle prices expected to fall slightly

Posted on February 20, 2019 by Steve Kay

Market talk, Markets

Feeder cattle market digesting many variables

Posted on February 6, 2019 by Jerry Klassen

Must Reads

• Market talk, Markets

  Canadian dollar outlook

  The Canadian dollar has been trading near 52-week lows, supporting fed and feeder cattle prices. Canadian year-to-date feeder cattle exports…

  January 4, 2019

• Finishers, Market talk, Markets

  Feeder cattle outlook lower in 2019

  I’ve received many calls from cattle producers over the past couple of weeks with regard to the feeder cattle outlook…

  December 12, 2018

• Feed markets, Market talk, Markets

  Feed grain prices weigh on feeder cattle market

  In my previous column, I stated that feeder cattle prices were in the process of making seasonal highs due to…

  November 16, 2018

• Feed markets, Market talk, Markets

  Feeder cattle market responding to feed grain complex

  I’ve received many inquiries with regard to the market outlook for feeder cattle. Western Canadian yearling and calf prices have…

  October 25, 2018

• Feed markets, Market talk, Markets

  Feed grain update

  Western Canadian barley prices have been percolating higher throughout the harvest period. At the time of writing this article, Lethbridge-area…

  October 10, 2018

• Comment/Columns, Free Market Reflections, Markets

  Two economies, two theories

  In May 1983’s G7 Summit, German Chancellor Helmut Kohl asked President Reagan to “Tell us about the American miracle.” Kohl…

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General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

By GFM Staff, GFM Network News 7 hours ago

Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Live cattle hit contract highs on weather woes

By GFM Network News 10 hours ago

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose Tuesday, with the benchmark June contract hitting a high as poor feedlot conditions in portions of the U.S. Plains raised concerns about beef supplies, traders said. Lean hogs closed lower in a profit-taking setback from contract highs set a day earlier. Fat cattle futures […] Read more

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Crops, Markets, Pulses

Pulse weekly outlook: Edible beans on move

By GFM Network News 10 hours ago

MarketsFarm — Following a lengthy 2018 harvest, Manitoba’s edible bean farmers are optimistic about the 2019 growing season. According to an outlook report published in late December by Agriculture and Agri-Food Canada, pulse farmers are expected to plant approximately the same amount of acreage as seen in 2018. However, after strong yields in 2018, Manitoba […] Read more

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Crops, Markets, Reuters

U.S. grains: Corn, wheat drift lower on weak export demand

By GFM Network News 11 hours ago

Chicago | Reuters — U.S. corn and wheat futures closed nearly unchanged on Tuesday, with commodity funds reluctant to add to a heavy net short position despite pressure from slowing export demand for U.S. grains, analysts said. Soybean futures declined as traders awaited news from ongoing U.S. trade negotiations with China, the world’s top soybean […] Read more

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Global markets

Global Markets: Liberals to announce federal budget

By GFM Network News 19 hours ago

By MarketsFarm WINNIPEG, March 19 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Canadian Finance Minister Bill Morneau will unveil the Liberal government’s latest budget today at 4 p.m. EST. Speculations as to what the budget will prioritize includes funding for broadband internet in rural […] Read more

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Finishers, Livestock, Markets

Klassen: Feeder market continues consolidation pattern

By Jerry Klassen, GFM Network News 23 hours ago

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. The market was quite variable across the Prairies. Demand from south of the border evaporated due to adverse weather while southern Alberta experienced favourable spring conditions. Alberta packers were buying fed cattle at $260 on a dressed basis, up […] Read more

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Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on pork export optimism

By GFM Network News 1 day ago

Chicago | Reuters — U.S. front-month hog futures surged on Monday, extending last week’s advances on expectations of additional export sales to China, where African swine fever has decimated the world’s largest hog herd, traders said. “We had that huge sale of pork to China last week, and the market is anticipating more sales,” said […] Read more

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Crops, Markets, Reuters

U.S. grains: Corn down on disappointing export data

By GFM Network News 1 day ago

Chicago | Reuters — U.S. corn futures fell on Monday, halting a four-session rebound from contract lows set last week, as traders worried about export prospects for U.S. grains, analysts said. Soybeans and wheat futures also declined. Chicago Board of Trade (CBOT) May corn settled down 1-3/4 cents at $3.71-1/2 per bushel (all figures US$). […] Read more

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Global markets

Global Markets: Third Liberal cabinet shuffle in 2019

By GFM Network News 2 days ago

By MarketsFarm WINNIPEG, March 18 (MarketsFarm News) – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Justin Trudeau appointed Joyce Murray as President of the Treasury Board. This appointment filled the position left vacant by Jane Philpott. Philpott resigned on March 4, citing a “loss […] Read more

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General, Markets, Reuters, Weather

U.S. farm belt slammed by floods, heavy snow from bomb cyclone

By GFM Network News 2 days ago

Reuters — A harsh late-winter storm broadsided a vast swath of the U.S. agriculture industry this week as heavy snow closed roads and buried cattle in the Plains while excessive rain flooded Midwest fields and swamped grain elevators. A “bomb cyclone” hurled hurricane-force winds, sparked tornadoes and dumped heavy snow and rain across the Plains […] Read more

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