markets Archives - Page 77 of 92

Members of the Ukrainian State Border Guard Service keep watch at the Kliusy checkpoint near the frontier with Russia in Ukraine’s Chernihiv region on Feb. 16, 2022. (Photo: Reuters/Valentyn Ogirenko)

CBOT weekly outlook: Russia-Ukraine conflict causes wheat market volatility

By GFM Network News February 17, 2022

MarketsFarm — Conflicting reports and accounts from the ongoing geopolitical tensions between Russia and Ukraine have had an effect on the markets, especially on the Chicago Board of Trade (CBOT), over the past week. The March Chicago wheat contract had ranged from $7.65 to $8.15 per bushel during the week, but lack of precipitation in […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea prices lower but still very good

By GFM Network News February 15, 2022

MarketsFarm — Although prices for chickpeas have pulled back somewhat over the last month, Colin Young of Midwest Grain at Moose Jaw, Sask. emphasized the market has not turned bad in any manner. “It’s just the level of expectation we had, given the rise in prices of other commodities. Given that we were out there […] Read more

A customer dines at a Burger King outlet in Shanghai on June 27, 2005. (File photo: Reuters/Ming Ming)

Livestock, Markets, Reuters

Tim Hortons, Burger King parent to hike prices

BK pulling Whopper off discount menu

By GFM Network News February 15, 2022

Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more

Finishers, Livestock, Markets

Klassen: Demand increases for lighter-weight feeder cattle

By Jerry Klassen, GFM Network News February 15, 2022

Compared to last week, western Canadian yearling prices were unchanged to $4 higher. Mid-weight feeders from 660 to 750 pounds traded $2 to as much as $6 higher on average. Feeder cattle in the 550- to 650-lb. range traded $4 to as much as $10 higher. Feeder cattle under 550 lbs. were up $10-$20 depending […] Read more

ICE November 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: No independent strength left in canola

By GFM Network News February 9, 2022

MarketsFarm — At a little more than halfway through the 2021-22 marketing year for canola, a trader asserted the Canadian oilseed now lacks the ability to move independently. Rather, it will follow the ups and downs in oil and meal markets. “[Canola] did its thing months ago,” trader Ken Ball of PI Financial in Winnipeg […] Read more

Finishers, Livestock, Markets

Klassen: Diverse price behaviour seen in feeder market

By Jerry Klassen, GFM Network News February 8, 2022

Last week’s price action in western Canadian feeder markets was quite variable. Yearling prices were steady to $4 lower on average across the Prairies. Mid-weight cattle were down $3-$4 in Alberta and $2-$4 higher in Manitoba. Calf prices were also mixed. In eastern Saskatchewan and Manitoba, calves traded $2 to as much as $8 above […] Read more

Hogs, Livestock, Markets

Pork industry looks ahead from turbulent 2021

Pork prices expected to stay elevated in 2022

By GFM Network News February 5, 2022

MarketsFarm — Labour shortages caused by the COVID-19 pandemic, high feed costs and lower prices posed constant threats to Canada’s hog industry in 2021. Nevertheless, pork appears to be in a good spot entering 2022, according to two analysts. “2021 was not the best, but not the worst,” said Tyler Fulton, director of risk management […] Read more

A supplied aerial photo of vehicles blocking through traffic on Feb. 1, 2022 at the Canada-U.S. border crossing between Coutts, Alta. and Sweet Grass, Montana. (Photo courtesy Alberta RCMP)

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Alberta blockade affects feed grain deliveries

By GFM Network News February 3, 2022

MarketsFarm — A truck blockade at a Canada-U.S. border crossing at Coutts, Alta. has caused some headaches for grain buyers in southern parts of the province. Since Saturday, commercial trucks and other vehicles have blocked Highway 4, a 103-km stretch which runs from the border to Lethbridge, to protest COVID-19 health measures. On the U.S. […] Read more

Employees walk around with face masks at the JBS USA meat packing plant at Greeley, Colorado on April 14, 2020. (File photo: Reuters/Shannon Stapleton)

Beef Cattle, Livestock, Markets, Reuters

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

By GFM Network News February 3, 2022

Reuters — JBS has agreed to pay US$52.5 million to settle litigation accusing meatpacking companies of conspiring to limit supply in the $63 billion-a-year U.S. beef market in order to inflate prices and boost profit. The preliminary settlement by the Brazilian company and its U.S. units with so-called direct purchasers was disclosed on Tuesday, and […] Read more

ICE March 2022 canola (candlesticks, right column) with 20- and 50-day moving averages (yellow and dark green lines) and CBOT March 2022 soybeans (black line, left column). (Barchart)

Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola moving back in line with soybeans

By Phil Franz-Warkentin, GFM Network News February 3, 2022

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but lagged the Chicago Board of Trade soy complex to the upside as the spreads between the two markets saw some readjustment. “If you had bought 100 tonnes of March canola on Dec. 21 you’d be up about $10 per tonne right […] Read more

U.S. livestock: Cattle futures hit new highs on resilient consumer demand

Corteva raises annual profit forecast after strong first-half performance

U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds

GFM Network News