China Archives | Alberta Farmer Express

Canada, EU, China, others agree on temporary fix to WTO crisis

By Luke Baker, Philip Blenkinsop 3 days ago

Brussels/Davos | Reuters — Canada, the European Union, China and 14 other World Trade Organization members agreed on Friday to create a temporary mechanism to settle trade disputes after U.S. action rendered the WTO incapable last month of acting as the umpire of global trade. The Canadian government and the European Commission said separately that […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans hit six-week low as China virus sparks selling

By Tom Polansek 3 days ago

Chicago | Reuters — U.S. soybean futures sank to their lowest level in more than six weeks on Friday as fears over the coronavirus spreading from China triggered broad-based selling. Corn and wheat futures also weakened as the U.S. Centers for Disease Control and Prevention confirmed a second U.S. case of the new virus in […] Read more

Canola, Crops, Markets

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

By Glen Hallick - MarketsFarm 4 days ago

MarketsFarm — ICE Futures canola traders have been keeping a close eye on this week’s extradition hearings for Huawei executive Meng Wanzhou in Vancouver. The hearing is to determine whether Meng will be extradited to the U.S., which requested her arrest by Canadian authorities in December 2018. China, in the wake of that arrest, detained […] Read more

General, Markets

Rising protein demand expected in 2020

Canada able to serve both plant- and animal-based protein markets

By Marlo Glass – MarketsFarm 4 days ago

MarketsFarm — Demand for plant- and animal-based proteins alike is likely to increase in the coming year. Since 2017, pea protein demand increased by about 13 per cent, Craig Klemmer, chief agriculture economist at Farm Credit Canada, said at Ag Days in Brandon, Man. Over the same time period, demand for canola protein increased by […] Read more

Crops, Weather

Favourable growing conditions forecast for major ag regions

By Marlo Glass – MarketsFarm 4 days ago

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Lean hogs follow cutout values higher

By Tom Polansek 4 days ago

Chicago | Reuters — U.S. live and feeder cattle futures dropped to their lowest prices in about two months on Thursday as traders adjusted positions before a government report that is expected to show an increase in supplies. Hog futures, meanwhile, advanced to their highest prices in about two weeks. The U.S. Department of Agriculture […] Read more

Crops, Markets, Reuters

U.S. grains: Corn futures hit three-month high on export demand

Profit-taking sparks pullback in CBOT wheat

By Tom Polansek 4 days ago

Chicago | Reuters — U.S. corn futures topped a three-month high on Thursday on improved export demand, while wheat futures traded near a 1-1/2 year high reached a session earlier. Soybeans eased to a one-month low as traders awaited signs of Chinese purchases of U.S. crops in the wake of last week’s initial trade agreement […] Read more

General, Markets

Improving global ag trade may not favour Canada

By Marlo Glass – MarketsFarm 5 days ago

MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, Beijing pledged to significantly increase Chinese purchases of U.S. soybeans and other agriculture goods. “Where does that leave room for Canada, given the demand side […] Read more

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Uncertainty pervades markets

By Phil Franz-warkentin 5 days ago

MarketsFarm — The price spread between green and yellow peas continues to widen in Western Canada, but whether or not that trend will continue remains to be seen. Numerous outside factors lend a general air of uncertainty to the pulse market, according to a pulse trader. Green peas typically trade at a premium to yellow […] Read more

Corn, Crops, Markets

CBOT weekly outlook: Corn set to rally

By Marlo Glass – MarketsFarm 5 days ago

MarketsFarm — Corn futures on the Chicago Board of Trade may be due for a rally. The March corn contract hit $3.92 per bushel three times earlier in the month, facing stiff resistance to break higher (all figures US$). Prices established lows last week, around $3.7525. “I would like to see resistance be taken to […] Read more

Agropur pulls milk over sanitizer residue concerns

Younger aggies sought for new Canada-wide council

Prairie cash wheat: Bids generally higher

GFM Network News