Seeding launch adds bearish influence to grain markets

Seeding launch adds bearish influence to grain markets

Canola futures’ move to the U.S. shuts the lid on the WCE era

It was a bit of a mixed bag in the canola market during the week ended May 4, with old-crop months drifting lower and new-crop contracts steady to higher. Warm and dry weather across Western Canada allowed farmers to start making headway with spring seeding, with cereals and pulses the first to go in the


Averaged global sea surface temperature anomalies (in degrees Celsius) for the week centred on May 2, 2018. (NOAA Climate Prediction Center graphic)

El Nino pattern could emerge by 2018-19 winter

Reuters — The El Nino weather pattern, associated with warmer and wetter weather than usual that may give rise to damaging conditions, could emerge by the 2018-19 Northern Hemisphere winter, with neutral conditions expected to prevail through November this year, a U.S. government weather forecaster said on Thursday. The last El Nino, a warming of

Editorial: End of an era

[UPDATED: May 17, 2018] This week a chapter in the agriculture history of Manitoba quietly closed. Winnipeg has loudly proclaimed itself the heart of Canada’s grain trade since the early days of commercial agriculture on the Prairies. Nothing represented that more than the trading of grain-based derivatives, an important economic activity in the downtown core


“CN performance has improved in a big way and that needs to be recognized,” says Western Grain Elevator Association executive director Wade Sobkowich.

CN parking cars as it seeks more grain to move

The railway stepped up shipments in March and April but now the peak shipping period is over

After failing to meet thousands of grain car orders on time earlier this crop year CN says it’s running out of grain so it’s “temporarily parking roughly 1,200 hopper cars.” However, those cars are available if needed, CN said in a news release May 2. “CN said today it has met all grain orders in

Quick passage of amended C-49 sought

Quick passage of amended C-49 sought

The message to Parliamentarians from farmers and shippers — git’r done

Legislation to improve grain shipped by rail isn’t perfect, but it still needs to be passed and made law before Parliament breaks for the summer, say farmers, grain companies and processors. “Even though it (Bill C-49, the Transportation Modernization Act) isn’t perfect we’re clearly of the strong view that we need to lock these change