CNS Canada — Cheap Russian exports of chickpeas are driving down the cost of the commodity worldwide, though one Canadian marketer says a new type of seed is helping domestic growers make financial inroads. “We’re still facing stiff competition from other producing countries, primarily B90 (seeds) out of Russia,” said Colin Young, owner of Midwest
Chickpeas face pressure from cheap Russian exports
Mustard prices softening, but oriental holding its own
CNS Canada — Mustard prices have been drifting lower but oriental varieties have been showing relative strength. Despite a turbulent growing season, complete with hailstorms and excess rain, a prominent mustard merchant says most of the samples he’s seen to date are No. 1 grade. Walter Dyck, a buyer with Wisconsin-based Olds Food Products, said
Drop in oil values a double-edged sword for Canadian ag
CNS Canada — As oil prices plunge across North America, the impact on Canadian farmers is starting to be felt in several conflicting, but noticeable ways, according to Prairie farm leaders and market-watchers. As of Friday afternoon the price of oil had fallen to just above C$66 a barrel, with some analysts predicting it would
Peas seen gaining strength in second half of export year
CNS Canada — Prices for Canadian green and yellow peas stand to increase as the 2014-15 export year rolls along, in part due to weather damage from excess moisture as well as continued demand from Asia, according to an industry-watcher. āIām more optimistic for yellow peas just because we can really see strong demand later
Corn, soy chop around waiting for harvest to conclude
CNS Canada — ICE soybeans finished higher for the week ended Wednesday on volatile trade as demand for supplies outweighed concerns over the growing potential of the crop in South America. Traders will likely square positions and look for bargains during the next week of trading on the corn and soybean market, according to a
El Nino to bring cold and dry conditions to Prairies
CNS Canada –– While speculation continues to swirl over the impact El Nino will have on North America, one weather expert says it’s still a month or two away from taking shape. “Nino is likely to evolve; until that happens, the warmer and drier bias we normally associate with it won’t be in place,” said
Prairie farm leaders peg water damage in the billions
CNS Canada — Farm leaders from Manitoba and Saskatchewan hope a new lobby group of stakeholders from both provinces can bring some long-term solutions to excess water problem that have led to billions of dollars in damages. Last week about 150 people met in Regina to discuss the way forward for the Assiniboine River Basin
Soil watchers see areas of concern across Prairies
CNS Canada — Excess moisture reigns supreme as the main hurdle for Prairie farmers when they look ahead to spring — but some areas are still too dry, according to soil experts. “A few areas of southern Manitoba have been drying out. The area around Morden has been drier the last couple of months,” said
ICE weekly outlook: Canola feeling soy pressure
CNS Canada –– ICE Futures canola contracts were mixed during the week ended Wednesday, with the most-active January contract feeling pressure from declines in the U.S. soy complex. With the harvest over and no major reports scheduled within the next seven days, it is difficult to see canola breaking very far one way or the
Churchill caps off challenging year
CNS Canada — The harsh winter of 2013-14 appears to have taken a toll on the tonnage of grain and oilseeds shipped through Hudson Bay during its now-concluded shipping season. Just 540,000 tonnes of wheat and other products including durum and canola were shipped through the Port of Churchill in 2014. Last year, that number
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