CNS Canada — After a year in which Canada’s largest pulse buyer, India, imposed import tariffs, Canadian pulse crops are seeing a shift in export dynamics. Lentil and pea exports in Canada are down this year compared to last. According to data from the Canadian Grain Commission, as of June 17, lentil exports were at
Pulse weekly outlook: Canadian exports face market changes
Prairie wheat bids down as crop conditions improve
MGEX, CBOT and K.C. September wheat futures slipped by 3.5-4.5 per cent on the week
Wheat bids in Western Canada were down with U.S. futures for the week ended June 15. Improving crop conditions across Canada and the U.S. weighed on markets. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were down $3-$6 per tonne across the Prairie provinces, according to price quotes
CBOT weekly outlook: Tariff spats put markets in precarious spot
CNS Canada — The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10-year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst with Futures
Pulse weekly outlook: Lentil crop prospects look good, market down
CNS Canada — The western Canadian lentil crop is looking good, which has buyers in no rush to lock in contracts. “The crop is germinating well and so (buyers are) not really anxious or worried about having product available in this coming crop year,” said Marlene Boersch, of Mercantile Consulting Venture. Thursday’s crop report from
Cattle market keeps holding steady as summer draws near
Recent rains haven’t relieved producers’ drought anxiety
Although traffic is starting to slow down at Manitoba’s auction marts for the summer, business held steady for the week ended June 8. “The market numbers this week, for those markets that had sales, deliveries were actually higher than anticipated,” said Rick Wright of Heartland Buying Order Co. About 1,913 head were run through the
Feed weekly outlook: Optimism takes pressure off Prairie grains
CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop
Amid trade uncertainties, Linamar builds up ag unit
CNS Canada — When Linamar announced it was purchasing MacDon Industries at the end of last year, there was trade uncertainty for Canada. Since then, the issues have ballooned, but Linamar isn’t panicking. “We’re trying to look past (the trade uncertainty) a little bit because there’s a lot going on there and we don’t know
Prairie wheat bids down with U.S. futures
MGEX, CBOT and K.C. wheat futures declined between three and six per cent on the week
Wheat bids in Western Canada fell for the week ended June 1, following the lead of U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $12-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by
CBOT weekly outlook: U.S./China trade uncertainty weighs on soy
CNS Canada — Trade uncertainty between China and the U.S., along with good U.S. growing conditions, is pressuring the soybean market on the Chicago Board of Trade (CBOT). During the week ended Wednesday, the July CBOT soybean contract dropped about 30 cents to $9.9425 per bushel (all figures US$). “The trade uncertainty is a major
Prairie wheat bids follow U.S. futures upward
MGEX, CBOT and K.C. July wheat rose by between two and five per cent on the week
Wheat bids in Western Canada rose for the week ended May 25, taking support from rising U.S. futures and a weaker Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up $7-$17 per tonne across the Prairie provinces, according to price quotes from a cross-section
Cyber-Savvy Farmer
