This is an unforgettable time in the cattle markets for ranchers and feedyards. The United States Department of Agriculture released its Cattle on Feed report for April 1, and the results are close to expectations and would be considered bullish in a "normal" market. In the United States, total cattle on feed is down 5... Read More
Category: Markets
Grain markets had a topsy-turvy week before closing in the red as traders exited positions amidst growing concern of demand for agricultural commodities. The combined uncertainty about demand fundamentals for food – namely from the food services and hospitality industry -as well as oil markets pushed grain prices lower this week. While China and Mexico... Read More
The value of beef cutouts has reached record highs over the last few days, as packing plant capacity has been reduced by shutdowns in the U.S. and Canada. At the same time, those shutdowns have put immense pressure on cash cattle prices. "In the U.S. for the cash cattle that are trading, they are going... Read More
This week's second Q & A LIVE segment features Leftfield Commodity Research analyst Jon Driedger and Shaun Haney discussing all things grain markets. Listen/watch for a full discussion on corn market dynamics, livestock ration swap-out options, why oats may face major over-supply, and the good news story that is pulses. Tune in Tuesday, April 28th,... Read More
There are always psychological lows and highs in markets. For corn, prices in the three-dollar range happen, but an analyst with some experience will tell you to watch for $3.01. That's because if we dip below $3.01, there's no telling where it goes next. As Marlin Bohling, markets editor with RFD-TV explains, that $3.01 mark... Read More
U.S. President Donald Trump has unveiled his three-step plan to re-open the economy, entitled "Opening up America Again." Along with the announcement, the president has started encouraging political allies to "liberate" certain states that have shelter-in-place (social distancing) measures currently in effect. There's no question, the economic impact of social distancing is very evident in... Read More
Despite a positive performance on Friday, grain markets ended the past week in the red as traders booked profits and farmers made sales, amidst different supply and demand signals. Buzz around how economies are going to start up is shaking up this panic-buying demand that have hung over markets. Also complicating things this past week... Read More
It's safe to say there is a tonne of focus on what is going on in the grocery market right now — from toilet paper, to flour, to ribeyes. As restaurants have closed or shut down due to COVID-19, there has been a huge shift to food purchases at the grocery store. Kevin Grier, with... Read More
Ontario's beef producer group has asked both beef and dairy producers to hold back cull cows in an attempt to ease the pinch on beef processing capacity during the COVID-19 pandemic. Processing backlogs have plagued the eastern Canadian beef sector for many months due to a lack of sufficient processing capacity and plant closures, says... Read More
We've focused a lot lately on what is going on in the protein sector, which hasn't have a lot of positives as of late. But on the crop side of the fence — oilseeds, coarse grains, pulses — overall, the markets for many crops grown in Western Canada have not been hit as hard by... Read More