CNS Canada — The Lethbridge barley market has appeared to have bottomed out in January, as prices have rallied by $10 per tonne in the past few weeks. “The barley market through the last two weeks has ticked up a little bit,” said Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, Alta. “Lethbridge is
Lethbridge barley rallies by $10 since mid-January
PEDv not yet affecting packers, but futures get boost
CNS Canada –– While Canada’s pork industry tries to prevent the spread of the porcine epidemic diarrhea virus (PEDv) after its recent arrival in Ontario, the discovery hasn’t led to any major near-term changes at slaughterhouses, yet. “I don’t think anything is going to happen in the short-term, meaning that pigs go to the same
Canada’s grain and oilseed stocks up significantly: StatsCan
CNS Canada — Statistics Canada released its grain and oilseed stocks report for the period ended Dec. 31 on Tuesday, and as many analysts had expected, the report confirmed wheat and canola crops were extremely large. “It’s confirmation of the large crops that were produced this year,” said Mike Jubinville, president of Pro Farmer Canada.
Large Prairie stocks expected in StatsCan report
CNS Canada — With Statistics Canada scheduled to release its stocks report as of Dec. 31 on Tuesday (Feb. 4), most analysts believe the combination of record-large production in Western Canada, and logistical issues transporting that grain, will lead to a very large carryover number for most crops. “Carryout will likely continue to see record
Soybeans weaken amid cancellation concerns; corn remains flat
CNS Canada –– Soybean futures on the Chicago Board of Trade have been trending weaker during the New Year, but futures were quiet during the week ending Wednesday, as traders await to see if China will cancel U.S. soybean shipments. “China is going to have to start cancelling, or we’re going to have to rally
Prairie flax acreage could rise 20 per cent this year
CNS Canada –– The positive sentiment toward planting flax seems to be growing across the Prairies, according to the president of the Flax Council of Canada, who adds there’s likely to be a big acreage increase this year. “From what I heard at CropSphere in Saskatoon, it sounds like people are thinking that pricing of
New-crop mustard contracts extremely varied
CNS Canada — With January nearing an end, Canadian new-crop contracts are slowly starting to hit the market — and Walter Dyck, mustard buyer with Wisconsin-based Olds Products, said contracted mustard prices have varied greatly in value. Prairie Ag Hotwire’s Friday report has delivered-to-elevator 2014-15 bids for yellow mustard pegged at 32 to 34 cents
Competition in Lethbridge’s feed market drives prices lower
Competition for Lethbridge’s marketplace is heating up, as feed wheat and barley are nearly priced identically, leading to further declines in both markets. “It seems like they are both trading in the mid-C$150 (per tonne) range,” said Allen Pirness, senior trader at MarketPlace Commodities in Lethbridge. According to the Alberta Canola Producers Commission, feed barley
Canaryseed acreage could increase in 2014
Western Canadian canaryseed prices continue to slowly trend lower to start the New Year, but new-crop contracts, if priced in the current spot price range, may spur an acreage increase in 2014. Canada’s 2013/14 canaryseed acreage was the lowest in recorded history, according to Statistics Canada, who pegged area at 200,000 acres. The previous low
2013 was an up-and-down year for Canada’s pork industry
It was an up-and-down year for Canada’s pork industry in 2013, as producers were struggling to break even in the first half of the year before posting a strong second half heading into 2014. “I think most producers in December 2012 were looking ahead at 2013 and thinking that it was going to be a
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