Will pulse growers get a great gift of pea export movement in the new year? Will the Canadian dollar get back to tracking crude oil? Will soybeans have another tough year in Western Canada? Chuck Penner, of LeftField Commodity Research, joins RealAg Radio host Shaun Haney for a market melee full of holiday joy and... Read More
Category: Markets
On Wednesday, it was announced China would make its first major purchases of U.S. soybeans since the “trade war truce” made between the two countries at the end of the G20 Summit in Argentina. The purchase of over 1.5 MMT of U.S. beans, valued at more than $500 million USD supported soybean prices on Wednesday,... Read More
The recent WASDE report created barely a ripple in the markets, and now traders are trying to figure what's going on. The November report is often a bit of a snoozer, and this year is no exception, but the underlying political currents make this year a bit harder to decipher. RealAg Radio host Shaun Haney... Read More
Heavy lamb prices across Ontario sale barns have dipped steeply lower in the last three weeks, with year-over-year drops at some auctions over $0.30 (or more) a pound for the same weight class. While some seasonal dips are expected at this time of year, Ontario sheep farmers are also up against a much higher than... Read More
Except for oats futures, the entire grain complex enjoyed a week in the green as geopolitical risk and production headlines swirled. On Friday, wheat markets had a big day as market participants responded to a week of strong U.S. export sales. While total export activity is down year-over-year, it’s a positive sign for future sales.... Read More
The days following a successful Donald Trump/Xi Jinping supper meeting were supposed to have been all about the launch of soybean futures. Instead of a drive higher following Saturday's G20 dinner, the market has been timid at best and perhaps somewhat confusing, at first glance. On Tuesday's RealAg Radio show, Chip Flory, host of AgriTalk,... Read More
Grain markets ended the month of November mostly in the green as optimism around of the trade war between the U.S. and China ending helped pushing the complex higher. A lot of focus to end the month was down in Argentina, where this week’s G20 Summit is taking place and many meetings between country leaders... Read More
It's been a quiet week on the cash market. According to Anne Wasko, of Gateway Livestock Exchange, she calls it a bit of a "see-saw week" as the U.S. Thanksgiving weekend just wrapped up. "There's bids out there that are kind of similar to last week, at $116 from southern U.S. cattle feeders, and $119... Read More
Grain markets traded mostly lower this week as the complex dealt with thin volume on the shortened trading week, due to the U.S. Thanksgiving holiday. More broadly, grain markets are watching for any news on trade negotiations between the U.S. and China. Weather out of South America is usually a catalyst for this time of... Read More
The green light has been given to Parrish & Heimbecker, Limited (P&H) to build and operate a new export facility located at Surrey, B.C. The company received approval from the Vancouver Fraser Port Authority just last week. Construction is expected to start before the end of the year, and once completed — in roughly two... Read More