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New-crop insurance feature lets farmers pay for higher canola values
News, Oilseeds

New-crop insurance feature lets farmers pay for higher canola values

Farmers who lock in higher canola prices can use the Contract Price Option to backstop some of the production risk

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As of last week farmers could lock in $16 to $17 a bushel new-crop canola, but the spectre of drought may discourage some from pre-selling as much as they would if it wasn’t so dry. It’s hard not to take advantage of such strong prices. And while there’s no guarantee, odds are they will likely
Crop Report, Crops, News

Warmer temps spur on planting efforts, lack of precipitation a concern

Manitoba Crop Report and Crop Weather report for May 11

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Southwest Region No significant rains fell this week in the Southwest region, and dry conditions persist. Possible showers this weekend in forecast. Cool and calmer conditions have preserved some soil moisture for now. The majority of the region has good seedbed moisture but facing rapid depletion. Many producers are adjusting seeding depths according to the
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Harvest shortcomings could open doors to India

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MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in
Letters, Op/Ed

Letters: Cold War with China costs Prairie farmers

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According to a recently released report from the Canola Council of Canada, worsened relations with China since the December 2018 arrest of Huawei CFO Meng Wanzhou have cost Prairie farmers $1 billion or more. During the period March 6, 2019 to July 31, 2020 the losses to Canadian canola growers are estimated at from $681
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations

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MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and
Crop Report, Crops, News

Dry, cool soils see slow start to seeding in agro-Manitoba

Manitoba Crop Report and Crop Weather report for April 27

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Southwest Region Scattered rain and snow over the past two weeks in the Southwest region brought some moisture to replenish the seedbed. Overall seedbed moisture conditions are optimum in much of the Southwest, but good rains are needed to replenish soil profile. Overwinter snow and runoff was below normal, with average winter temperatures 2 to
(Dave Bedard photo)
Crops, Markets

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

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MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing
“This is a truly momentous achievement for us and one that has been a long time in the making.” – Johann F. Tergesen, Burcon NutraScience.
News, Oilseeds

Merit Foods begins commercial production

The first-of-its-kind food-grade canola protein will be going to market this quarter

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A Winnipeg-based company, Merit Foods, is touting a global first for canola. The division of Burcon NutraScience says Merit has “… achieved first commercial production…” of its line of canola proteins, making the facility the first and only commercial-scale facility in the world capable of producing food-grade protein from canola, the world’s second-largest oilseed crop.
A field and a patch of prairie are very different, but some similar principles can apply.
Crops, Farmit Manitoba, Other

The many faces of resiliency: Resilience lessons can be learned from nature

There are no simple answers when it comes to protecting farms and the environment

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About a year ago the COVID-19 lockdowns led to an odd phenomenon. Home bakers went to the store looking for yeast and found the shelf completely cleaned out. If you asked a grocer about it you were told that there’s none to be had, even the warehouse was empty. The entire stock was bought out
Chickpeas. (Grigorenko/iStock/Getty Images Plus)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised

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