Hard red spring wheat bids in Western Canada were slightly stronger during the week ended April 14 as advances in U.S. futures pointed the way higher. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were mostly higher, rising by $1 to as much as $9 per tonne across the Prairie provinces,
Prairie wheat bids rise, tracking U.S. futures
Cash durum and CPSR wheat prices in the West held steady on the week
Fears of short supplies sustain canola values
Alberta managed to harvest some of last year’s crop
ICE Futures Canada canola contracts chopped around for much of the holiday-shortened week before fund positioning pushed the front-month contracts up $5 on April 13. The spike left the May contract perched at the technically important $500-per-tonne mark. One of the main factors underpinning the canola market continues to be the idea that stocks of
Canadian producers to plant record canola crop, boost soybean acres
CNS Canada – Canadian oilseed acreage is set to boom according to the latest acreage estimates from Statistics Canada. Today, the agency released its Principal Fields Crops Acreage Summary for 2017/18 on April 21. It pegged canola acreage at a record 22.387 million acres, a jump of 2.02 million acres over last year. “It’s no surprise
CBOT weekly outlook: Corn, soy tied to technicals amid large supplies
CNS Canada –– Corn and soybean markets look to be rangebound over the next three weeks as U.S. farmers try to get their crops planted, according to a market-watcher. “We’re slightly behind but that can be made up quickly with the equipment we have,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois.
Manitoba corn producers wait for fields to dry out
CNS Canada — Warm, dry weather is on the wish list for Manitoba corn farmers as they wait for fields to dry out so they can begin planting. The southwest corner of the province appears to be the wettest, while other areas are drying nicely, according to Pam de Rocquigny, general manager of the Manitoba
Prices strong as Manitoba producers clear out pens
Cattle prices keep on climbing despite expectations
Bids on Manitoba cattle remained strong during the week ended April 7, as farmers cleaned out their pens and took leftover cattle and other animals that had been backgrounding to market. Roughly 11,500 head were shown at the province’s eight major stockyards. “We’re seeing cattle that were small in the fall; now it’s time for
Manitoba edible bean acreage looking steady
CNS Canada — The prospects for a successful season for edible beans appear good, despite excess water in parts of southern Manitoba, according to a provincial expert. “Acreage should be in the 110,000- to 120,000-acre range, very similar to last year,” said Dennis Lange, a pulse crop specialist with Manitoba Agriculture at Altona. Edibles aren’t
ICE weekly outlook: Canola looks to rise with commercial interest
CNS Canada — ICE Futures Canada canola contracts finished mixed during the week ended Wednesday as intermonth trading took hold with traders exiting the May contract in favour of the more deferred values. The May contract gained $5.70, while some of the outside contracts lost a few days. Ideas that supplies of canola are tightening
Optimism drives investment in lighter-weight cattle
Demand is strong down east, not so much from the U.S.
The last week of March was a busy one for most auction marts in Manitoba as just over 12,200 animals made their way to the stockyards. “We’re getting very good volumes at the market,” said Rick Wright of Heartland Order Buying Co. “We’re getting a lot of light cattle weighing under 800 lbs.” Most of
Eastern Prairies brace for April melt
CNS – It looks to be a soggy month of April for most farmers across the eastern portion of the Prairies. The three-month forecast, starting in April, for southern Saskatchewan calls for above-normal precipitation while the area around Winnipeg is expected to see a number of systems moving through the early part of the month.
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