commodity prices Archives - Canadian Cattlemen

ICE weekly: Canola futures volatile amidst selling, rainy weather

By Adam Peleshaty - MarketsFarm June 12, 2024

Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the week, fell to its lowest […] Read more

General, Markets

Food and beverage sales to fall in 2024; processor margins to improve

Stabilizing or declining input prices working their way through the supply chain, FCC says

By Geralyn Wichers, GFM Network News April 12, 2024

Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.

General, Markets

FCC predicts drop in farm cash receipts for 2024

Interest rates, inputs costs may come down but farmers urged to sharpen their pencils

By Jeff Melchior, GFM Network News January 24, 2024

FCC's top economist is urging farmers to find any way they can to save money, as the ag lender projects a 4.8 per cent decline in farm cash receipts in 2024 on the heels of lower commodity prices.

General, Markets, Reuters

World food price index ends 2023 some ten per cent below 2022 levels

Cereal prices, vegetable oils slumped most over the year, FAO says

By Maytaal Angel, Reuters, GFM Network News January 5, 2024

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5 per cent from November and 10.1 per cent below December 2022 levels.

Aerial view of Centerm, a Burrard Inlet terminal for containerized cargo at the Port of Vancouver. (Bloodua/iStock/Getty Images)

General, Reuters

Commodity prices to remain high in 2024, drop in 2025 – HSBC

Most agricultural products expected to outperform energy, industrial metals amid supply constraints, dry weather

By Reuters, GFM Network News January 2, 2024

Squeezed supply, improved Chinese demand and the global energy transition will keep commodity prices elevated in 2024, before falling the following year, forecasted British banking group HSBC today.

ICE March 2024 canola as of Dec. 8, 2023, with 20-, 50- and 100-day moving averages. (Barchart)

Markets

ICE weekly outlook: Canola likely to keep sliding back

With larger crop, trade likely to be overwhelmed by deliveries, analyst says

By Glen Hallick, GFM Network News December 7, 2023

There is a rather significant bearish outlook for canola for the rest of December, according to Jerry Klassen of Resilient Commodity Analysis. He said a large part of this was generated by the Statistics Canada production report released on Dec. 4.

General, Markets, Reuters

Major grocery chains agree to help stabilize prices, feds say

Any moves must not undercut farmgate prices, government warns

By David Ljunggren, Steve Scherer, GFM Network News September 19, 2023

Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were […] Read more

General, Markets, Reuters

Mintec acquires Agribriefing to expand agrifood data offering

By Reuters, GFM Network News January 10, 2023

Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on agricultural and food markets. Financial details were not disclosed. Agribriefing’s businesses include protein price-reporting agency Urner Barry and crop consultancy Strategie Grains, the latter acquired […] Read more

General, Markets

Farmland appreciation continues through pandemic year

FCC report puts Canada's average land value increase at 5.4 per cent

By Dave Bedard, GFM Network News March 15, 2021

Economic churn across Canada from the global COVID-19 pandemic didn’t faze the country’s real estate market — nor its farmland market in particular — in 2020, according to the latest review from the federal farm lending agency. Farm Credit Canada on Monday released its 2020 Farmland Values report, showing an average increase of 5.4 per […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Crops, Reuters

Bayer plans more cost cuts, impairment charges

Pandemic now expected to hit crop science wing

By Reuters, GFM Network News September 30, 2020

Berlin | Reuters — German drugs and chemical company Bayer announced plans on Wednesday for more than 1.5 billion euros (C$2.34 billion) of cost cuts as of 2024 and said it would take impairment charges on its agricultural business as it battles with low commodity prices. Bayer said that the impact of the coronavirus on […] Read more

U.S. grains: Wheat futures rise on supply snags in top-exporter Russia

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Daily Network News

U.S. grains: Wheat futures rise on supply snags in top-exporter Russia

Trump tariff on Brazilian goods could jack up U.S. burger price

U.S. livestock: Cattle mixed despite fresh supply threats

Tag Archives commodity prices

ICE weekly: Canola futures volatile amidst selling, rainy weather

Food and beverage sales to fall in 2024; processor margins to improve

FCC predicts drop in farm cash receipts for 2024

World food price index ends 2023 some ten per cent below 2022 levels

Commodity prices to remain high in 2024, drop in 2025 – HSBC

ICE weekly outlook: Canola likely to keep sliding back

Major grocery chains agree to help stabilize prices, feds say

Mintec acquires Agribriefing to expand agrifood data offering

Farmland appreciation continues through pandemic year

Bayer plans more cost cuts, impairment charges

Canadian Cattlemen Presents: Depth of Field

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AGCanadaTV: In case you missed it; your national ag news recap for July 4, 2025

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