CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again
Trade predicts fewer pulse acres, another canola record
Prairie wheat bids mixed, watching U.S. futures markets
MGEX and CBOT May wheat futures were up on the week, while K.C. May wheat fell
Wheat bids in Western Canada were mixed for the week ended April 13, following U.S. futures markets, which were also mixed. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $1-$5 per tonne across most of the Prairie provinces, according to price quotes from a cross-section of delivery points compiled
Pulse weekly outlook: Monsoon outlook bearish for Canadian crop
CNS Canada — India is forecasting an average monsoon rainfall this year, making the chance of India importing Canadian pulse crops slim. “Given the tariff scheme and the protectionist attitudes India has displayed this year, I think it will take a major weather influence to hurry up the correction to (imports),” said Marlene Boersch, managing
Extended winter could lead to more Prairie oat acres
CNS Canada — With winter still hanging on across Western Canada, one buyer thinks it could lead to an uptick in oat acres. “Later seeding generally increases oat acres. We’d rather see them seeded earlier but farmers have had a tendency when things get late (to) throw some more acres into oats,” said Scott Shiels
Prairie drought conditions improve
CNS Canada — While drought conditions in Western Canada have improved following late-season snowfall, it isn’t a completely rosy picture just yet. “We have seen significant departures from normal in terms of precipitation (on the Prairies over) a long period. The winter hasn’t been above average (for precipitation) so there hasn’t been a whole lot
Prairie wheat bids follow U.S. wheat futures higher
MGEX, CBOT and K.C. May wheat all rose at least four per cent on the week
Wheat bids in Western Canada rose for the week ended April 6, following the lead of U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose by $13-$16 per tonne across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data
CBOT weekly outlook: Soy recovers from wild week
CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on
Pulse weekly outlook: Low prices change growers’ marketing tack
CNS Canada — After years of western Canadian farmers rushing to lock in pulse crop contracts during the spring, this year that hasn’t been the case. “Normally I would say that I’d have my plant booked to December and I don’t have a single thing booked this year. But does that mean we’re not going
Federal food labelling proposal has dairy farmers concerned
CNS Canada — While trade deals have had Canadian dairy farmers concerned about losing market share domestically, a recent proposal to change food package labeling could potentially be more damaging to the industry. Health Canada launched consultations in February for its proposed new front-of-packaging labeling. The proposal, part of Health Canada’s Healthy Eating Strategy, would
U.S. futures spur downturn at Manitoba auction marts
USDA’s Cattle on Feed report is bearish for markets
Cattle numbers shrank at Manitoba auction marts for the week ended March 30, as the latest U.S. Cattle on Feed report left an unsavoury taste in sellers’ mouths. The U.S. Department of Agriculture (USDA) Cattle on Feed report, released March 23, showed ranchers sent seven per cent more cattle to feedlots in February, compared to
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