CNS Canada — Grain companies aren’t seen as likely to be pulling much grain from the southeast corner of Saskatchewan in the near future. Norm Hall, president of the Agricultural Producers Association of Saskatchewan, said logistics are “a nightmare” right now because of the recent wet weather. Bridges are out, culverts plugged up and many
Flooding snarls E. Sask. grain routes
CBOT corn feels effects of USDA report, PED virus
CNS Canada — Corn futures on the Chicago Board of Trade were lower during the week ended Wednesday, as prices plunged with the release of a U.S. Department of Agriculture acreage report which showed planted acres exceeding previous projections. Values are also feeling pressure from continuing favourable weather, according to Terry Reilly, senior commodity analyst
Beef benefits expected from China deal, over time
CNS Canada — A deal to increase the volume and cuts of Canadian beef that are shipped to China is winning applause from the Canadian cattle sector, but isn’t likely to revolutionize the industry anytime soon. Earlier this month, Agriculture Minister Gerry Ritz completed a trade mission to China, where he received assurances China would
ICE weekly outlook: Values head higher as inverse widens
CNS Canada — ICE Futures Canada canola futures turned higher during the week ended Wednesday, with the biggest increases happening in the nearby months while prices stayed rangebound for the more deferred contracts. “The inverse has really widened out, compared to where it was,” said analyst Jonathon Driedger of Farm Link Marketing Solutions, noting the
Prairies expected to stay wet
CNS Canada — Much of Western Canada can expect to see more wet weather this week, after heavy rains over the weekend halted field work in the eastern Prairies. Drew Lerner, senior agricultural meteorologist at World Weather, Inc. in Kansas City, doesn’t expect a lot of fieldwork will get done in coming days in the
Rain creates uncertainty for eastern Prairie farmers
CNS Canada — Wet weather continues to cause headaches for farmers in southeastern Saskatchewan and southwestern Manitoba — but other parts of the provinces may also be dragged into the mix. Between 600,000 and one million acres of farmland in Manitoba could be left unseeded this year, according to Doug Chorney, president of Keystone Agricultural
Canaryseed bids still under pressure
CNS Canada — Despite a late spring and logistical problems with rail transportation, canaryseed prices continue to linger within the downward edge of their range. The spot price, as of Friday, was 20 to 22 cents per pound, according to Prairie Ag Hotwire. Producer and exporter David Knobbs of Kindersley, Sask., said that’s down from
Late seeding keeping mustard bids firm
CNS Canada — Wet weather and a few other challenges are posting some early-season headaches for mustard growers, particularly in Saskatchewan, but three industry watchers say they’re still optimistic this year’s crop will be a successful one. Early-season estimates pegged mustard acreage in 2014 at 450,000 acres in Canada, with 350,000 of those in Saskatchewan
ICE weekly outlook: Bounce unlikely for oversold canola
CNS Canada — ICE Futures Canada canola futures moved slightly lower during the week ended Wednesday, as a large sell-off in wheat and favourable weather conditions pressured canola values. While canola is looking oversold on the charts, any corrective bounce may be short-lived, according to an analyst. “Canola is technically oversold but we don’t have
Phosphate shortages felt in Alberta
CNS Canada — Logistics problems, supply shortages and other variables affecting the fertilizer industry seem to have impacted the number of Alberta acres that got phosphate applications. “I would suspect it’s somewhere around 20 per cent, maybe, that didn’t get phosphate fertilizer,” said Lynn Jacobson, president of the Alberta Federation of Agriculture. The railcar backlog
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