Markets Archives | Page 2 of 1058 | Alberta Farmer Express

Klassen: Feeder market experiences fortuitous bounce

Compared to last week, western Canadian feeder cattle markets traded $2-$5 higher on average. Auction barns had limited numbers on offer but strong buying interest surfaced for quality packages. Alberta feedlots were the main buyers setting the price structure. There were two main factors enhancing demand this week. First, U.S. packers started to show some […] Read more

Crops, Markets

Flax prices muted

By Marlo Glass 3 days ago

MarketsFarm — Flax yields are expected to be average at harvest season, thanks to the combination of more seeded acres and inclement growing conditions. Export numbers have been lower in recent years, due in part to China having opted to import flax from other countries besides Canada. According to an early 2019 report from FarmLead, […] Read more

Canola, Crops, Markets

Funds remain short canola and soybeans

By Phil Franz-warkentin 3 days ago

MarketsFarm — Fund traders continue to hold onto a large net short position in the canola market, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in Tuesday at 57,512,an increase of roughly 5,000 contracts from the previous week. Open […] Read more

Livestock, Markets, Reuters

U.S. livestock: Live cattle sag as traders eye lower boxed-beef prices

By Tom Polansek 3 days ago

Chicago | Reuters — Chicago Mercantile Exchange (CME) live cattle futures ended mostly lower on Monday as weak boxed beef prices fueled concerns about increasing supplies. Select-grade boxed beef was $189.21/cwt on Monday afternoon, down 2.7 per cent from a week ago, according to U.S. Department of Agriculture data issued after the close of trading […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn pulls back from five-year high

By Barbara Smith 3 days ago

Chicago | Reuters — Chicago Board of Trade grain futures settled down on Monday after corn touched a five-year high and soybeans reached a one-year peak, as forecasts for rain in U.S. crop-growing areas eased concerns about hot, dry weather. A recent warm, dry spell had fueled worries that corn could be damaged during crucial […] Read more

Global markets

Global Markets: Chinese GDP slows to nearly 30-year low

By GFM Network News 3 days ago

By MarketsFarm WINNIPEG, July 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Chinese economic growth slowed to its weakest pace in nearly thirty years during the past quarter, according to updated data out of the country. The gross domestic product increased by 6.2 per cent […] Read more

Livestock, Markets, Reuters

U.S. livestock: CME hogs book biggest one-week climb since April

By Julie Ingwersen 6 days ago

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but traders see supplies starting to […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Weather threatens India’s crops

By Marlo Glass July 12, 2019

MarketsFarm — India is experiencing abnormal rain and weather patterns that have resulted in almost half of the country receiving drastically less rain than usual. In total, the entire country is experiencing about 12 per cent less precipitation than is normally expected. Particularly, provinces in India’s key pulse-growing region are experiencing significant droughts during a […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn tops three-week high on heat wave

By Tom Polansek July 12, 2019

Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing in farmers’ fields. Traders focused on worries about hot, dry conditions after heavy rains and flooding caused unprecedented delays in corn planting this spring. The […] Read more

General, Markets

Agriculture foreign workers get new path to residency

By John Greig July 12, 2019

Updated, July 15 — The federal government has announced a pilot program that will make it easier for farms and food companies to maintain workers they recruit from around the world. Ahmed Hussen, minister for immigration, refugees and citizenship, announced the program Friday at Maple Leaf Foods in Mississauga. Why it matters: There’s a labour […] Read more

CBOT weekly outlook: Market stuck in range until acreage report

ICE weekly outlook: Choppy canola trade likely

U.S. grains: Wheat, soybeans slightly lower after midday rise

GFM Network News