At this time of year the pulse market is generally quiet, said broker Marcos Mosnaim of Prairie XI. However, he wasn’t entirely sure as to why most pulse prices were currently unchanged across Western Canada.
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Canada's second-largest pension fund reveals new climate targets
Toronto | Reuters -- Canada's No. 2 pension fund Caisse de depot et placement du Quebec announced plans on Tuesday to completely exit oil production by the end of 2022 and reduce carbon intensity by 60 per cent by 2030. As part of the same plan to reach net-zero emissions by 2050, Montreal-based Caisse plans[...]
Green, yellow pea price spread to widen
MarketsFarm – Quality issues with Canada’s green pea crop are starting to show up in the cash market, with a widening spread between green and yellow peas expected going forward. Top end green pea bids have risen by more than a dollar per bushel over the past month, while yellow peas have only increased by[...]
Malt barley outlook promising, but harvest quality will be key
CNS Canada – Many questions remain about Western Canada’s malt barley crop, but many analysts appear to expect at least an adequate harvest. Quality concerns and yield reductions will hit farmers in southern areas, but for those with good quality, prices should remain at least steady for the medium term. While analysts cautioned that forecasts[...]
USDA probes release of incorrect data that pressured crop prices
Chicago | Reuters -- A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency[...]
U.S. grains: Corn, wheat, soy tumble on acreage, stocks estimates
Chicago | Reuters -- U.S. grain and soybean futures tumbled on Monday after the Agriculture Department reported higher-than-expected figures for U.S. soy plantings and June 1 corn and soy stocks. The government reported 2014 soybean seedings at a record-high 84.8 million acres, topping a range of analyst estimates. "The corn and bean acres are stunning,"[...]
U.S. grains: Soybeans hit two-week high on strong export sales
Chicago | Reuters -- U.S. soybean futures jumped to a two-week high on Thursday as stronger-than-expected export sales re-ignited concerns about dwindling old-crop supplies. Corn futures advanced for the first time in four sessions, while wheat gained for a second straight session, bouncing from a four-month low set early on Wednesday. Robust demand for U.S.[...]
U.S. grains: Soybeans rise on bargain buying
Chicago | Reuters -- U.S. soybean futures rose on Wednesday, rebounding from their lowest in nearly three months on a round of mild bargain buying, traders said. Wheat futures rose on support from short-covering as well as disappointing harvest yields in key hard red winter wheat-growing areas of the U.S. Plains. Corn followed wheat higher,[...]
U.S. grains: Wheat at 3-1/2-month low after USDA report
Chicago | Reuters -- U.S. wheat futures fell to a 3-1/2 month low on Wednesday after the U.S. Department of Agriculture raised its forecasts of U.S. and world wheat ending stocks above trade expectations in a monthly report, traders said. USDA also raised its estimate of global 2014-15 wheat production, more than offsetting a cut[...]
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