Strong new-crop prices could entice more pea, lentil area

CNS Canada -- Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released last week. "You have to look at the timing of when the survey was done for the StatsCan report. Of course there's a bit of[...]

Prairie durum prices rising as farmers aren't selling

CNS Canada -- Prices for durum in the Prairie cash market have been on the rise recently, but there are very few actual transactions being made as farmers aren't selling. "The companies know that, generally speaking, farmers aren't in the mood to sell, so they're probably trying to maybe encourage deliveries of last year's durum,[...]


ICE weekly outlook: Weather to make or break canola market

CNS Canada -- ICE Futures Canada's canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, a weak Canadian dollar and worries about dry conditions damaging some crops in Western Canada underpinned canola. Dry conditions in parts of the western Prairies[...]

Strong flax prices may not encourage acres

Values for new-crop flax across Western Canada are strong, but may not result in more acres this spring. According to Prairie Ag Hotwire, new-crop values ranged from $13.75 to $14.50 per bushel as of Thursday. Old-crop prices across Western Canada were reported as being around $14 to C$16.50 per bushel. "A lot of guys will[...]


Prairie oats crop off to a decent start

CNS Canada -- Western Canadian farmers are wrapping up seeding their oats crops, which so far are off to a decent start in many areas. "I know in Manitoba, in the Red River Valley, the oats are off to an excellent start," said Art Enns, president of the Prairie Oats Growers Association. "In Saskatchewan it's[...]

Trade expects mostly smaller crops in StatsCan report

CNS Canada -- Statistics Canada will release its first survey-based Canadian crop production estimates for 2015-16 on Friday, and figures for most major crops are expected to be down compared to last year. Yields are likely to be all over the map as weather conditions varied vastly from region to region during the growing season.[...]


StatsCan production estimates 'too low' for canola, wheat

CNS Canada -- Statistics Canada released its first survey-based production estimates for the 2015-16 crop year Friday morning, with canola and wheat figures coming in at the lower end of expectations. But the grain trade is shrugging off the report, as it believes final production numbers for most crops will be larger than what Statistics[...]

U.S. corn, DDGS imports likely as drought tightens feed supply

CNS Canada -- Livestock producers in Western Canada will likely have to import feed grains such as corn and dried distillers grains with solubles (DDGS) this year, as drought is seen trimming domestic barley and other feed production. "We've seen droughts before, and when it's happened, usually what has to happen is we import other[...]


ICE canola outlook: Weather to determine price direction

Canola contracts on the ICE Futures Canada trading platform moved higher during the week ended Wednesday (July 10), with much of the strength linked to the commodity following the gains seen in Chicago soybeans. Traders were said to be building a weather premium into the U.S. soybean market, as they got "edgy" with forecasts calling[...]

Dry weather reducing Prairie wheat midge problems

CNS Canada -- Wheat midge hasn't been causing as many problems as first anticipated in Western Canada this year, as a dry spring hindered the pests' emergence. The Saskatchewan Ministry of Agriculture's wheat midge forecast, released earlier this year, initially showed high risk levels for the insect, but the dryness is hampering their effects on[...]