Prairie cash wheat: Bids broadly lower

MarketsFarm -- Wheat bids in Western Canada were broadly lower during the week ended Thursday, with double-digit losses observed in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats. Canada Western Amber Durum (CWAD) had moderate declines. Average CWRS (13.5 per cent protein) wheat prices were down $7-$11 per tonne, according to[...]

Weekly canola exports well below average

MarketsFarm -- Weekly Canadian canola exports fell to their second-lowest level of the 2019-20 crop year-to-date during the week ended Sunday, according to the latest data from the Canadian Grain Commission. Only 80,300 tonnes of canola were exported during the 45th week of the crop year, down 44 per cent from the previous week and[...]


Pulse exporter ILTA Grain under creditor protection

Corrected, July 11 -- MarketsFarm -- B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province's Supreme Court. "The decision to file for (Companies' Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for[...]

Producer deliveries spike in June

MarketsFarm -- Grain deliveries in Canada increased 48.5 per cent from May to June, according to Statistics Canada in a report released today. The report, Producer Deliveries of Major Grains, showed more than 5.16 million tonnes of all grains were delivered by producers in June, compared to the approximately 3.54 million tonnes in May. It's[...]


Farmer deliveries well above average in April

MarketsFarm -- Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and[...]

Saskatchewan crops in decent shape heading into August

MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye were ripening and maturing. Harvest[...]


Total Canadian canola exports solid, despite lost sales to China

Canadian canola exports are running well ahead of the year-ago pace with increased business to Europe and the United Arab Emirates more than making up for reduced sales to China, according to the latest monthly export data from the Canadian Grain Commission. Canada has exported 9.166 million tonnes of canola during the 11 months of[...]

India reduces tariffs on lentils

MarketsFarm -- India is temporarily reducing import tariffs on lentils originating from most countries. The India government's Central Board of Indirect Taxes and Customs on Tuesday posted "Notice 26/2020-Customs," which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which takes immediate effect, runs until[...]


Prairie cash wheat: Bids mostly stronger

MarketsFarm -- Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points[...]

Pulse weekly outlook: Benchmark report out for fababeans, feed peas

MarketsFarm -- Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing "a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas" in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, "Grains are softening further on the[...]