Pulse weekly outlook: Wrinkles, loss of colour problems for lentils

MarketsFarm -- As Canada's lentil harvest comes along slowly, issues with wrinkles and the loss of colour have arisen, according to Markus Mosnaim of Globeway Canada in Mississauga. Loss of colour in green lentils translates to a downgrade, he said. "It can drop to No. 2, depending on how much colour is lost." Wrinkles, meanwhile,[...]

Feed weekly outlook: Firm Prairie market leveling off

MarketsFarm -- Logistics issues moving grain where it needs to be in Western Canada continue to prop up feed prices, but the market is starting to level off, according to a broker. "We are seeing a bit of a shortage of trucks," said Tracy Green of Market Master Ltd. in Edmonton, adding "things are still[...]


Pulse weekly outlook: Harvest weighs on Saskatchewan bids

MarketsFarm -- Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada -- but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered,[...]

Feed weekly outlook: Prairie grain market finding a bottom

MarketsFarm -- The western Canadian feed grain market is showing signs of finding a bottom, as buyers wait to get a better handle on the quality of grain still unharvested across the Prairies. Feed barley is currently trading at around $200 per tonne in southern Alberta, while feed wheat bids are around $210, according to[...]


B.C. Greens seek limits on foreign ownership of farmland

The party holding the balance of power in British Columbia's legislature wants to curb foreign ownership of farmland in the province's Agricultural Land Reserve (ALR). Green Party leader Andrew Weaver on Thursday introduced the Property Law Amendment Act as a private member's bill, which he said "would prohibit foreign entities from purchasing ALR land over[...]

Klassen: Feeder market experiences softer demand

Compared to the previous week, western Canadian yearling markets traded $4-$6 lower on average; calves were down $5 to as much as $10 in some cases. U.S. feeder cattle markets were also down $5-$8 from seven days earlier. The extended period of negative feeding margins appears to be taking a toll on the feeder market.[...]


Feed weekly outlook: Old-, new-crop barley prices converge

MarketsFarm -- Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is "well-covered" and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for[...]

Manitoba Tories pledge to pump up biofuel content

Manitoba's incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province's farmers. The party noted its biofuel promise[...]


Prairie hay shortage on horizon

MarketsFarm -- While rain across the Prairies has eased concerns of an all-out drought, worries of a hay shortage going into winter haven't ceased. Darren Chapman, a Virden, Man. producer and chair of the Manitoba Forage and Grassland Association (MFGA), explained that regrowth following the first cut of hay has been strong. First-cut hay crops[...]

Pulse weekly outlook: Ample supply drives down feed pulse prices

Prices for feed pulses have dropped over the last month as farmers have turned to the feed market as the only buyer, according to a trader. "Regular processors aren't buying as many low-grade lentils, so guys are tired of sitting on them. So you're starting to see them come to the feed market," said Jay[...]