cows in a feedlot

Fed cattle market sees strength

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

Fed cattle The western Canadian fed cattle market has strengthened to $172.26/cwt, an increase of four per cent or just over $7/cwt. Compared to a year ago, the mid-May average is $8.83/cwt higher. While the average price increase is favourable, there are cost increases and higher break-even levels on these cattle, record-high cost-of-gain and the […] Read more

(Dave Bedard photo)

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. “I wish I could say there’s a light at the end of the tunnel, but I would say right now, it’s just a flicker,” he […] Read more


File photo of a lentil crop before harvest in Saskatchewan. (Bobloblaw/iStock/Getty Images)

Pulse weekly outlook: AAFC projects normal yields, increased pulse production

MarketsFarm — A return to yields closer to long-range averages will result in greater production for most pulse crops in 2022-23, according to Agriculture and Agri-Food Canada’s monthly outlook for principal field crops released last Friday. Many of the projections are based on the assumption that normal weather conditions will return to most of the […] Read more



ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (black line). (Barchart)

ICE weekly outlook: Highs might be in for old-crop canola

New crop in 'a very uncertain stage'

MarketsFarm — The highs may be in for old-crop canola contracts on the ICE Futures platform, with attention in the market turning to the new crop. “I think the market has probably defined the upside potential and the acute demand rationing that needed to occur is done,” said Jerry Klassen, an independent commodity trader and […] Read more

Stock photo of a grain grower in India. (Triloks/iStock/Getty Images)

India bans wheat exports as heat wave hurts crop, domestic prices soar

Ban could push global wheat prices to new peaks

Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies […] Read more