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Weather News

U.S. livestock: Weather, cash prices rally CME live cattle

January 22, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures turned higher on Monday, spurred by last Friday’s strong cash prices and the start this week of another round of wintry weather in parts of the northern U.S. Plains, traders said. February live cattle finished 1.65 cents/lb. at 123.55 cents […]

Warmer spell pulls back slightly

January 22, 2018

The Prairies remained in a relatively warm range over the weekend; highs Sunday climbed to 4 C around Calgary, Lethbridge, Medicine Hat and Brooks, -1 C around Regina, Yorkton, Weyburn and Boissevain, -5 C around Steinbach, Portage la Prairie, North Battleford, Humboldt and Rosetown, -6 C around Edmonton and Peace […]

2017 was second or third warmest year, behind 2016 – U.N.

January 18, 2018

OSLO (Reuters) – Last year was the second or third warmest on record behind 2016, and the hottest without an extra dose of heat caused by an El Niño event in the Pacific Ocean, the United Nations said on Thursday. Average surface temperatures in 2017 were 1.1 degree Celsius (2.0 Fahrenheit) above pre-industrial times, creeping […] Read more

The post 2017 was second or third warmest year, behind 2016 – U.N. appeared first on The Western Producer.

Dryness threat not getting any better

January 11, 2018

Most prairie grain growers could be looking at a dry and early seeding season in 2018 unless conditions change dramatically over the next two to three months. Trevor Hadwen, an agro-climate expert with Agriculture Canada, says conditions across much of the West remain unusually dry. Agriculture Canada just released the latest version of its Canadian […] Read more

The post Dryness threat not getting any better appeared first on The Western Producer.

Ag News

U.S. grains: Wheat falls on chart selling

January 23, 2018

Chicago | Reuters — U.S. grain futures were lower on Tuesday, with wheat dropping about one per cent and corn easing for the second straight session on chart-based selling and abundant global stockpiles, traders said. Soybeans edged slightly higher, gaining for the seventh straight session to the highest in about […]


U.S. livestock: Beef quotes send CME live cattle higher

January 23, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday gained after triggering buy stops, spurred by the morning’s wholesale beef price rebound, traders said. Firmer wholesale beef values stirred bull spreads, in which traders bought February futures and simultaneously sold deferred months. February live cattle finished 1.175 […]

Canola trends up with strength from soy oil

January 23, 2018

Winnipeg (CNS Canada) – The ICE Futures Canada canola complex trended slightly higher on Tuesday, taking strength from advances in U.S. soyoil and Malaysian palm oil futures. The market also took strength from an Informa Economics report that lowered its forecast for U.S. soybeans to 91.2 million tonnes. Dry weather in Argentina was also supportive […] Read more

The post Canola trends up with strength from soy oil appeared first on The Western Producer.


Canola sees modest losses

January 22, 2018

  Winnipeg (CNS Canada) – The ICE Futures Canada canola complex finished with modest losses on the week’s opening session. The market underwent a slight correction downward in the wake of last week’s move higher. Recent strength in the Canadian dollar was bearish for values. “The spreads are pushing long canola, short soy,” said a […] Read more

The post Canola sees modest losses appeared first on The Western Producer.

Stronger rouble helps push up Russian wheat export prices

January 22, 2018

MOSCOW – Russian wheat export prices rose last week on the back of a strengthening rouble and stormy weather in ports which complicated shipment, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content were at $193 a tonne on a free-on-board (FOB) basis at the end of last week, […] Read more

The post Stronger rouble helps push up Russian wheat export prices appeared first on The Western Producer.

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