There's more work to do to improve where canola's carbon intensity score ranks in the tax credit regime for renewable fuels in the U.S., according to the executive director of the Canadian Oilseed Processors Association (COPA). After taking a few days to digest the U.S. Treasury Department's awaited announcement last week of new requirements for... Read More
Category: Markets
After a decent start of better markets in terms of cash cattle, the futures market ended the week to the down side. This volatility is related to news around the ongoing outbreak of Highly Pathogenic Avian Influenza (HPAI), currently confirmed in eight U.S. states and in 33 herds of U.S. dairy cattle. Earlier in the... Read More
Let's hope grain markets fare better than the Winnipeg Jets did in Game 2 of their Stanley Cup playoff game last night, but if they don't Jon Driedger, disappointed Jets fan and market analyst with Leftfield Commodity Research, says there's still reasons to sell small into price rallies. Where are we at right now? Big... Read More
Canada's Competition Bureau is raising "substantial competition concerns" with Bunge's proposed acquisition of Viterra. The US$8.1 billion deal announced in June 2023 would likely harm competition for canola grown near Bunge's crush plants in Western Canada, and the supply of refined canola oil in Eastern Canada, according to a report published by the Bureau on... Read More
Cattle market moves are interesting this week, as prices move opposite directions in Canada and the U.S, demand for hamburger tidies up some supply, and feeder cattle movement remains strong. Every second Friday, the Beef Market Update brings you the latest in cattle movement numbers, beef export stats, value changes and so much more. This... Read More
Cattle markets reacted negatively to the news earlier this week of dairy cows testing positive for HPAI in Texas and Kansas. As Anne Wasko of the Gateway Livestock Exchange explains, it's unfortunate but not unexpected to see a downward dip in futures when uncertainty creeps in to the marketplace. Cash trade in the U.S. was... Read More
Geopolitics, interest rates, currency fluctuations, market demand and the weather — there's much for farmers to consider when making business decisions in a volatile market. Meteorologist and market analyst Shawn Hackett says it's important for farmers to have a good understanding of all the factors that can impact prices to build effective marketing strategy. At... Read More
The big corn Ontario crop of 2023 is doing what analysts suspected it would to cash prices — and it's not a rosy picture. Phil Shaw, market analyst and farmer from Dresden, Ont., says that a seasonal post-harvest rally didn't even happen, which was a little surprising, and Ontario farmers have got plenty of corn... Read More
There are reasons to feel some sustained optimism in cattle markets right now, as trade is holding steady while feed costs dip slightly, says Anne Wasko in this week's Beef Market Update. Cattle prices held strong to steady this week in the more northern regions, which is good news, even if trade was quite light... Read More
GrainFox, a subsidiary of Farmlink Marketing Solutions, has announced its entry into the U.S. market via a partnership with Chicago-based market advisory firm AgResource. "We are thrilled to announce our partnership with AgResource as we expand into the U.S. market. This collaboration is a testament to our commitment to providing producers and agribusinesses with the... Read More