prices Archives - Page 134 of 141

Feed weekly outlook: Overwintered barley beats expectations

By 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

ICE July 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola acres could be in flux

By 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

CBOT July 2020 corn with Bollinger (20,2) bands. (Barchart)

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

Green lentils. (Savany/iStock/Getty Images)

Crops, Lentils, Markets

Pulse weekly outlook: Lentil exports up on year

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

MarketsFarm — Canadian lentil exports are running well ahead of the year-ago level, according to the latest numbers. Canada exported 267,462 tonnes of lentils in March, the second-highest monthly total of the crop year to date and well above the 130,980 tonnes exported during the same month the previous year. The United Arab Emirates was […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea acreage expected lower

By GFM Network News May 1, 2020

MarketsFarm — High global prices in the 2017-18 marketing year caused a global spike in chickpea production in 2018. It’s since taken a while for consumers to “chew through supplies,” which has put pressure on prices, according to Chuck Penner of LeftField Commodities. In a kabuli chickpea global outlook webinar hosted by the Global Pulse […] Read more

Crops, Markets

CBOT weekly outlook: Prices soft on lack of demand

By GFM Network News April 30, 2020

MarketsFarm — Technical buying was a supportive factor on the Chicago Board of Trade in late April, but commodity futures were broadly lower due to a lack of export activity. However, China reportedly remains committed to fulfilling its end of its Phase One trade agreement with the United States. Although soybean futures have been near […] Read more

Crops, Markets, Reuters

U.S. grains: Active planting weighs on corn

Chicago wheat hits lowest level since March 19

By GFM Network News April 27, 2020

Chicago | Reuters — Chicago corn futures slid on Monday on favourable U.S. planting weather coupled with struggling crude oil prices that continue to pressure demand for corn-based ethanol, analysts said. Chicago Board of Trade (CBOT) wheat futures slipped to one-month lows as expected rain across Europe eased concerns about crop stress while competitive Saudi […] Read more

Prime Minister Justin Trudeau speaks in the House of Commons on April 20, 2020. (Photo: Reuters/Blair Gable)

Livestock, Markets, Reuters

Canada sees no beef shortage, but prices may rise due to coronavirus

JBS plant at Brooks dials back to one shift

By Rod Nickel, GFM Network News April 21, 2020

Ottawa/Winnipeg | Reuters –– The Canadian government is not expecting a beef shortage despite the spread of the COVID-19 coronavirus in certain meat-packing plants, though prices may rise, Prime Minister Justin Trudeau said on Tuesday. Trudeau added that beef producers are placing a priority on supplying the Canadian market before exporting products. Canada, one of […] Read more

Finishers, Livestock, Markets

Klassen: Uncertainty defines feeder market

'Hope' factor remains supportive

By Jerry Klassen, GFM Network News April 21, 2020

Compared to last week, western Canadian yearling prices were down $3-`$5 on average while calves were unchanged to down $2. Sales were characterized by low volumes and limited buying interest. Feedlot operators are hesitant to step forward in the current environment, with packing plants on both sides of the border reducing capacity. At the same […] Read more

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

GFM Network News