Commodity prices continue to trade flat to lower as Chinese stock market losses continue to weigh heavy on broader markets, including commodities, forcing broader optimism for global economic growth to fade. All grain values are lower in the first few weeks of 2016 but with some notables being the front month contracts for oats below... Read More
Category: Markets
The Canadian Grain Commission is moving ahead with its proposal to realign the wheat classification system for Western Canada. Two new classes will be created while three others will be eliminated on August 1st, 2016. The Canada Northern Hard Red class will be established to address concerns about lower gluten strength in some milling wheat... Read More
For the better part of the last two decades, commodity markets have become accustomed to demand growth from China supporting prices. Whether it was iron ore from Australia or soybeans from the U.S., sales to China grew year-over-year. However, it's becoming increasingly likely that those days are over. Headlines over the last few week to... Read More
While U.S. farmers are adjusting to significantly lower grain prices, declining currency values have buffered growers in Canada and many other parts of the world. U.S. futures have dropped off, but cash values in Canada have maintained their value, and in some cases, have risen, thanks to the weakness with the Canadian dollar. "The devaluing... Read More
Markets across the board started 2016 a little rough as fresh Chinese economic concerns continue to show contraction which led to not one, but two halts to trading in their stock markets this week! While the Chinese government moved to support the market immediately by flooding it with fresh capital, the broader market still isn’t... Read More
Anne Wasko of Gateway Livestock, in conversation with guest host Kelvin Heppner. . It's an interesting time for cattle markets, with the Canadian dollar hitting record lows, weather in the United States putting pressure on supply estimates, and the recent repeal of country-of-origin labelling (COOL). In fact, as we start off the new year, we're... Read More
Quality and consistency. That's what international buyers expect with Canadian wheat. It's been said a thousand times already, but if you ask Saskatchewan farmer Gerrid Gust what his take-home message was after visiting customers in North Africa and the Middle East, he can't help but emphasize the importance of maintaining Canada's reputation for quality and... Read More
Winnipeg-based special crops marketing company Legumex Walker has cleared its final hurdle in winding down operations, announcing on Tuesday it has handed over its 84 percent stake in Pacific Coast Canola and PCC's troubled crush plant in Washington. The divestiture arrangement sees Glencore increase its ownership stake in PCC from 16 percent to 50 percent... Read More
J.P. Gervais, chief agricultural economist for Farm Credit Canada, in conversation with RealAgriculture's Debra Murphy at the 2015 Canadian Forage and Grasslands Association Conference in Saskatoon, Saskatchewan (before mCOOL was repealed). 2015 saw some pretty incredible market pressures in the livestock sector, amidst overarching trade stories with the ongoing battle over country-of-origin labeling and the... Read More
2015 hasn’t necessarily been a great year for grains complex, let alone anyone who works in the commodity sector. The most watched fall from grace came in the form of oil prices continuing to be pushed lower by sustained production highs by the likes of O.P.E.C. and the U.S.A., who also just recently announced they’re... Read More