CNS Canada — Global fertilizer demand has been higher, leading to increased prices, but with more capacity coming online prices should start to fall, according to an analyst. “Urea prices globally have moved a little higher over the past few months. They’ve been relatively volatile, that’s just kind of a function of some better than
Global fertilizer prices set to fall
Hemp acres, prices down for 2018
CNS Canada — With a large carryover from last year’s crop, hemp acres in Canada are expected to be down this year along with the price. “We had a bit of overproduction in 2017. It doesn’t take much to overproduce a crop when you’ve got 100,000 acres. So it’s a delicate, delicate balance,” said Russ
Snowstorm leads to snow day for Manitoba cattle auctions
Economic uncertainty drags on the Canadian dollar
The late-winter snowstorm which hit Western Canada the first weekend in March caused auction marts across Manitoba to cancel sales. “I don’t think anybody sold anything until (Thursday). We had no cattle at all, either sale. And Brandon had no cattle, Killarney had no cattle,” said Robin Hill of Heartland Livestock Services at Virden. Of
Prairie malt barley prices lower than feed
CNS Canada — With feed barley in tight supply, the tables have flipped with feed prices now sitting higher than those for malt barley in Western Canada. Feed barley prices “make some of these other prices look a bit ridiculous. There’s no demand from the domestic maltsters because they’ve all been plugged up ever since
Pulse weekly outlook: India not a guaranteed market
CNS Canada — Despite positive developments between Canada and India in regards to pulse crops, the CEO of Pulse Canada is warning producers not to rely on India as market for pulses. “India is not the market that it was eight months ago and it emphasizes the need to find alternate markets,” Gordon Bacon said.
Prairie wheat bids rise as dollar falls
Threats of U.S. tariffs on steel and aluminum imports drag on the Canadian dollar
Most wheat bids in Western Canada rose over the week ended March 2, following the lead of U.S. futures and taking strength from a weak Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices rose in Western Canada by $1-$5, according to price quotes from a
CBOT weekly outlook: USDA report sways soy, corn
CNS Canada — Thursday’s world agricultural supply and demand estimates (WASDE) report from the U.S. Department of Agriculture caused a stir in corn and soybean markets on the Chicago Board of Trade. “The Brazil and Argentine numbers (were) really not too terribly exciting. And the world numbers (were) basically kind of going exactly the opposite
Prairie wheat bids mixed, following U.S. futures, dollar
The loonie dropped by about a cent on the week; U.S. wheat futures also fell
Wheat bids in Western Canada were mixed for the week ended Feb. 23; some fell following the lead of U.S. futures, while others rose slightly, taking support from a lower Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada, with some
Feed weekly outlook: Prairie feed grain prices on rise
CNS Canada — Prices are rising for feed grains in Lethbridge, with buyers starting to consider their options. “Seems every day this last week we’re surprised at higher offers being triggered than the day before,” said Jared Seitz, trade manager with Agfinity Inc. In Lethbridge, feed barley bids last week were at $5 per bushel
Prairie flax market flat, acres set to decline
CNS Canada — A flat flax market in Western Canada has buyers feeling indifferent about this year’s prospects. “There’s no big hurrahs right now on flax… I hate to say it, I’m a very optimistic type of person, but it’s kind of a flat market right now,” said Ben Friesen, senior market manager at Scoular
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