CNS Canada — As worries mount in regards to Canada’s pulse exports to India, reports from the country point toward a precarious future. India’s agriculture minister, Radha Mohan Singh, last week announced his country wouldn’t need to import any pulses within two years’ time as it would be able to grow enough for domestic demand.
Pulse industry’s future remains uncertain with India
Wheat bids mixed across Western Canada
A lower loonie added support where Minneapolis wheat futures weakened
Hard red spring wheat bids in Western Canada were mixed for the week ending Oct. 20 with slight gains in some areas and slight declines in others, as losses in Minneapolis futures were countered by a drop in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent) wheat
CBOT weekly outlook: Corn, soy futures maintain status quo
CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel.
Canadian hemp markets could be side-swiped by U.S.
Overly enthusiastic U.S. producers could potentially swamp the market if the crop is fully legalized
Future hemp markets are uncertain as Canadian buyers wait to see if hemp production is legalized in the United States, according to one industry professional. “There still is a lot of excitement (in the U.S.) about hemp as being something new… that grassroots excitement is one that we’re watching closely to make sure it doesn’t
Pulse industry still awaits answers from India
CNS Canada — Almost three weeks since Canada’s pulse fumigation exemption expired in India, the Canadian pulse industry is still in the dark. “We’re just looking to have some clarity as to how Canada/India pulse trade’s going to play out in the long term and with a long-term policy solution,” Gordon Bacon, CEO of Pulse
Volumes, prices rise with fall run at full throttle
Bigger volumes are still to come, so prices remain firm
Cattle prices rose at auction marts across the province as the fall sale season kicked into full gear. “There’s a greater number of cattle on the market and prices getting paid for just about all weight ranges are stronger than what they have been in the past, say, two or three weeks,” said Ben Fox,
Outlook improves for Prairies’ winter cereals
CNS Canada — Following concerns in September about seeding winter cereals in dry conditions, acres are down but crops seeded in Western Canada are doing good heading into the winter. “Very little moisture is required in the fall to get that seed to germinate and start growing, especially if it’s been seeded shallow,” said Amanda
Canadian dollar pressures Prairie wheat bids
The loonie rose roughly half a cent over the course of the week
Hard red spring wheat bids in Western Canada dipped during the week ended Oct. 13, as the Canadian dollar rose due to higher oil prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $3-$4 per tonne across the Prairie provinces, according to
CBOT weekly outlook: Corn, soy steady as attention turns to South America
CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both keeping rangebound as attention shifts from last week’s U.S. Department of Agriculture supply/demand report to South American growing conditions. During the week ended Wednesday the December corn contract rose 2.5 cents, to $3.485 per bushel (all figures US$). On the
Weaker loonie supports wheat bids on Prairies
The Canadian dollar dropped roughly half a cent over the course of the week
Hard red spring wheat bids in Western Canada rose during the week which ended Oct. 6, as weakness in the Canadian dollar drove up prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up as much as $7 per tonne across the Prairie provinces, according to
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