prices Archives | Canadian Cattlemen

Pulse weekly outlook: Chickpeas recover from previous lows

By Marlo Glass – MarketsFarm, GFM Network News 4 days ago

MarketsFarm — Chickpea prices have recovered slightly from lows hit around the end of 2019, but they’re still a long way off historic highs from years past. Ahead of the 2018 growing season, chickpea prices were around 50 to 60 cents/lb. for growers, according to Darwin Hamilton of Kalshea Commodities in Winnipeg. Currently, large chickpea […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Dry pea prices remain firm

Acres expected down from 2019

By Glen Hallick - MarketsFarm, GFM Network News May 20, 2020

MarketsFarm — Prices for green and yellow dry peas remain fairly good, according to Dale McManus of Johnston Grains at Welwyn, Sask. Green peas are currently $10-$11 per bushel, which he said is a decent price; he also expects green pea acres to remain steady in 2020 compared to the previous year. The price for […] Read more

Finishers, Livestock, Markets

Klassen: Feeder market jumps on renewed optimism

Weekly slaughter pace improving

By Jerry Klassen, GFM Network News May 19, 2020

Compared to last week, western Canadian feeder cattle over 800 lbs. traded $8-$10 higher while lighter weight categories were up $4 to as much as $12 in some cases. Feeder cattle under 800 lbs. were very well bid across the Prairies; feeder cattle under 700 lbs. are now trading at prices similar to late February, […] Read more

Barley, Crops, Markets

Feed weekly outlook: Barley, wheat holding fairly well

By Glen Hallick - MarketsFarm, GFM Network News May 15, 2020

MarketsFarm — Feed prices for wheat and barley have softened over the last month, said Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “Right now for wheat, we have seen it drop off in the last little bit,” she said, noting barley prices have slipped as well. Harakal pointed to the overwintered barley […] Read more

Crops, Markets, Weather

Bigger sunflower crop expected for 2020

By Phil Franz-Warkentin, GFM Network News May 15, 2020

MarketsFarm — Canada will likely see its largest sunflower crop in a number of years in 2020 if weather conditions co-operate, as good end-user demand and solid returns for growers generate increased interest in the crop. Canadian farmers intend to seed 104,400 acres of sunflowers this spring, which would be up 36 per cent on […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentils stabilize with seeding underway

By Phil Franz-Warkentin, GFM Network News May 12, 2020

MarketsFarm — Lentil bids in Western Canada may have come off their recent highs, but prices are still solid and should encourage more seeded area this spring. Increased demand tied to the COVID-19 pandemic gave lentil prices a boost in March, with the largest gains in red lentils which hit highs around the 32 cents/lb. […] Read more

Barley, Crops, Markets

Feed weekly outlook: Overwintered barley beats expectations

By Marlo Glass – MarketsFarm, GFM Network News May 7, 2020

MarketsFarm — Last fall’s remaining barley crops coming off the field this spring were at risk of causing a supply glut in feed grain markets. Luckily, however, those overwintered barley crops are in better-than-expected condition, and not all of them are going into the feed market. “We thought there would be a lot more coming […] Read more

Livestock, Markets, Reuters

Trump asks U.S. Justice Department to look into meat price disparities

By Reuters, GFM Network News May 7, 2020

Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose. “I’ve asked the Justice Department to look into it. … I’ve […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola acres could be in flux

By Glen Hallick - MarketsFarm, GFM Network News May 6, 2020

MarketsFarm — Canada’s canola acres are generally expected to be higher in the first area report of the year from Statistics Canada, compared to the 20.96 million acres estimated to have been seeded in 2019. Estimates are wide-ranging, with some analysts predicting a slight reduction in canola area and others calling for an increase of […] Read more

Corn, Crops, Markets

CBOT weekly outlook: Corn could move below $3, analyst says

By Phil Franz-Warkentin, GFM Network News May 6, 2020

MarketsFarm — Corn futures at the Chicago Board of Trade have lost considerable ground over the past few months, but could move lower still if a weather premium fails to develop over the summer, according to an analyst. The most active July corn contract has lost 20 per cent of its value since the beginning […] Read more

More ‘murder hornets’ found in B.C., Washington

U.S. grains: Corn, soybeans slide on China tensions

U.S. livestock: Cattle futures end lower ahead of weekend

GFM Network News