Canola seeding is set to begin on the Prairies and canola prices are in a state of indecision. It feels odd to make that assessment after the July canola contract on the Intercontinental Exchange gained $14.60 per tonne during the week ended April 25, to close at $636.90. However, two straight days in the red
No one knows where canola prices are headed
A strong week with a weak ending highlights the uncertainty
Feed grain weekly: Seeding well underway in Alberta
Feed grain bids in the Lethbridge area were finding some support in early May as farmers in the region focus their attention on spring seeding.
Pulse weekly: Moisture needed for Saskatchewan pulse crops
Seeding has already started in parts of Saskatchewan, while many areas are still waiting on more moisture, according to the province’s pulse specialist.
Bump in cattle numbers before spring slowdown
Auction marts report plenty of demand for both slaughter and grass cattle
Cattle auction sites across Manitoba had large numbers go through the rings during the week ended April 18, right before the perennial spring slowdown. In total, 10,802 cattle were sold, approximately 2,000 more than the previous week, including 3,111 at Heartland Livestock Services in Virden. Brennin Jack, the auction site’s general manager, said there was
ICE Weekly: Canola rises sharply
In a show of independent strength, canola futures on the Intercontinental Exchange (ICE) had one of its best weeks this calendar year during the week ended April 24.
Fewer cattle bolster prices at auction
Volumes lower at Manitoba’s auction marts as farmers switch focus from marketing to calves
Fewer cattle are going through the rings at Manitoba auction sites as producers switch their focus to this year’s calf crop. Approximately 8,700 head were sold at auction during the week ended April 11, compared to 10,000-plus seen in previous weeks, with every site open. Kirk Kiesman, general manager of Ashern Auction Mart, said keeping
Canary seed growers optimistic for 2024
David Nobbs, chair of the Canary Seed Development Commission of Saskatchewan and pulse merchant for Purely Canada Foods, said exports are on pace for 110,000 to 120,000 tonnes in 2023-24, compared to 150,000 to 160,000 in a typical year. Statistics Canada (StatCan) projected 125,000 tonnes of exports for 2023-24, compared to 147,000 the previous year.
Prairie Wheat Weekly: Spring wheat advances, durum lower
Western Canadian spring wheat bids were steady to higher during the week ended April 11, while durum prices fell below the C$400 per tonne mark entirely.
Crude oil correction could corral canola markets
Black gold underpins all commodity markets, including agriculture
In the world of commodities, crude oil rules, even when it comes to agriculture. It is needed to power the tools and the equipment to seed, harvest, transport and, in some cases, turn crops into final products. Some of those products are also in competition with crude oil itself. As a result, oilseeds and vegetable
Feed Grain Weekly: Seeding preparations begin in Alberta
As growers prepare to seed in parts of Alberta, the lack of moisture during the winter continues to be a concern. However, a major snowstorm which brought various amounts of precipitation to the central part of the province has relieved some stress.
Cyber-Savvy Farmer
