New-crop barley prices in Western Canada are expected to trend downward with help from a larger-than-expected U.S. corn crop, said Jim Beusekom, grain broker with Marketplace Commodities at Lethbridge, Alta. “The prices depend on what happens to new-crop corn,” he said. “Many analysts are predicting new-crop corn to drop below US$5 per bushel on the
U.S. corn crops pushing new-crop barley prices lower
Late spring seen weighing on Prairie farmland demand
Demand from Prairie farmers looking to add to their individual land bases was curbed by a late spring — but farmland prices were still up, according to real estate agents specializing in the field. “There is desire from farmers to add land, but weather conditions levelled off that demand,” said Grant Tweed of Century 21
Southeastern Sask. lentil seeding in doubt
Lentil acreage in southeastern Saskatchewan may be smaller than anticipated, as below-average planting conditions continue to hit the region. A late winter and extremely wet spring have provided problems for some farmers, who are now at the point where they must decide if they can get all of their seeds into the ground. “There are
China’s demand for Canadian canola meal could rise
There are strong indications that China’s demand for Canadian canola meal will be on the rise in the near future, especially after a report from the Canola Council of Canada (CCC) showed dairy production increases when cows consume canola meal. According to a joint Sino-Canadian study released Friday morning, when used in dry rations, Canadian
Demand for yellow peas remains strong
Demand for Canadian yellow peas continues to be strong after a disappointing Rabi crop (spring) harvest in India, said industry participants. According to the Saskatchewan Pulse Market report for May 2013, yellow pea imports for India are expected to be in the 1.5 million- to 1.7 million-tonne range for 2012-13. “I think a good chunk
Alta. seeding aided by warmer weather, but still behind
Warmer conditions in Alberta have advanced the seeding process the past two weeks, but most areas are still a week behind normal, according to a provincial crop specialist. “The last few years we’ve had cool, wet Mays,” said Harry Brook with Alberta’s Ag-Info Centre in Stettler. “This year May was cool and wet early on,