MarketsFarm – Despite prices for Western Canadian feed barley and wheat continuing to decline, buyers are not opening their wallets just yet. Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while growing prospects of a more typical harvest are making cereal crops more affordable, there is still a wait-and-see attitude from
Feed weekly outlook: Declining prices not raising buyers’ interest
CBOT weekly outlook: Weather, Ukrainian grain affecting prices
MarketsFarm – Weather-related concerns and questions whether Ukrainian grain will be exported or not were front and centre for traders on the Chicago Board of Trade during the week ended July 26. Ryan Ettner, a broker for Allendale Inc. in McHenry, Ill., said forecasts calling for a heat wave in much of the United States
Plenty of upside for falling flax prices
MarketsFarm – One of the most expensive crops grown in the Prairies is losing some of its value. While flaxseed prices in Western Canada are still at or above those from last year, they have come down by at least 15 per cent since last month. The high-delivered bid for flax in Saskatchewan is C$28
Pulse weekly outlook: Saskatchewan crops growing well despite threats
MarketsFarm – Pulse crops across Saskatchewan are growing well for the most part, but not in every corner of the province, according to the province’s own specialist. Dale Risula, special crops specialist for Saskatchewan’s Ministry of Agriculture, said this year’s pulse crops are looking much better than those in last year’s drought, which he called
Manitoba Beef president sees better times ahead
Cattle values haven’t kept pace with producers’ rising costs
There was no doubt a recovery for Manitoba’s cattle industry after last year’s drought was going to take time. While there are still plenty of challenges among cattle producers, including high grain prices and record amounts of precipitation since last winter, Manitoba Beef Producers (MBP) president Tyler Fulton is looking ahead. “The drop in corn
Wet weather affecting acreage numbers: analysts
MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are
Feed weekly outlook: Decline in feed grain prices anticipated
MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike
Extreme weather in Manitoba slows planting progress
MarketsFarm – Little progress was made in planting whatever acres remained in Manitoba as extreme weather made its way through the province for the week ended June 26. Provincial seeding progress sat at 93 per cent at a time of year when plantings would be complete, according to the Manitoba Crop Report released on June
Pulse weekly outlook: SaskPulse head hoping for “normal” in 2022
MarketsFarm – Following variable conditions over the first few weeks of the growing season, there has now been a marked improvement over the last, according to Carl Potts, executive director of Saskatchewan Pulse Growers (SaskPulse). Potts said while western parts of the province had little precipitation and eastern parts saw seeding delayed due to above-normal
Mustard prices down amid rising prospects
MarketsFarm – The most popular variety of mustard seed in Canada is seeing a recent downturn in price. While the prices of mustard in Western Canada are still much higher than last year, they have been steady to lower over the past month. According to Prairie Ag Hotwire, the high-delivered bid for yellow mustard is
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