Cattle movement in the province continued to remain at a brisk pace during the week ended Feb. 17, although values for the heavier-weight animals continued to weaken. The quality of the animals being marketed was described as being in the average to above-average category, with premiums still being offered for the top-quality grass cattle. The
Burger demand spurs need for butcher cows, bulls
Traders feel out ICE’s new wheat, barley contracts
Canola futures on the ICE Futures Canada trading platform posted small to modest advances during the week ended Jan. 27. Most of the buying interest was concentrated in the deferred values, where concerns about dry growing conditions during the spring and summer on the Prairies fuelled some of the strength. The strong export lineup at
StatsCan stocks report holds few surprises
The grain and oilseed stocks in all positions report released Friday by Statistics Canada held few surprises over, with the exception of the estimate for peas. However, there were a few questions raised by the industry regarding the accuracy of the numbers released by the government agency. The numbers confirmed that usage of the various
Forecast calls for record canola acres, output
Canola futures on the ICE Futures Canada trading platform were mixed during the week ended Jan. 20, with the nearby months seeing small gains while the deferred values were slightly weaker. A continued strong export lineup at Canada’s West Coast, along with strong domestic demand from the processing sector, helped to generate some of the
Will the wet years be followed by drought in 2012?
Producers can expect drier-than-normal conditions this spring, according to weather outlooks for the next couple of months. “Less-than-normal precipitation across the Canadian Prairies ahead of the winter freeze-up have already left soil conditions on the drier side,” said Drew Lerner, with World Weather Inc. of Kansas City. The absence of significant snowfall and above-average temperatures
ICE’s milling wheat contracts trade light on first day
New milling wheat, durum and barley contracts began trading on the ICE Futures Canada trading platform on Sunday at 7 p.m. CT, with only milling wheat actually experiencing any trade during its first day of activity. One October milling wheat contract traded at $257.20 per tonne, while two December contracts traded, one at $264 and
AAFC boosts 2012 canola, barley acreage ideas
Revised, Jan. 18 — Agriculture and Agri-Food Canada expects farmers in Canada to increase the area seeded to canola this spring to an all-time record high, while also raising the amount of ground to be seeded to barley, according to its latest 2012-13 acreage projection outlook. The federal ag department’s market analysis branch cautioned, however,
Ontario’s corn yields surprisingly large
Ontario’s grain corn crop was harvested in a timely fashion this fall with yields seen coming in at a surprisingly high level, despite a not-so-spectacular growing season. “With 50 per cent of the reported yield in to crop insurance at present, the current trend yield suggests that the crop yielded roughly 161 bushels an acre,”
Ontario winter wheat area reported down
The area planted to winter wheat in Ontario was down from the previous season, with the extremely wet fall associated with the reduction in seeded area, according to an official with the Ontario government. "Planting of Ontario’s winter wheat crop got off to a poor start with heavy precipitation, especially in the clay soils in
StatsCan confirms larger canola, wheat crops
An upward nudge in the crop production estimates Statistics Canada released Tuesday for canola and all wheat grown in Canada in 2011-12 was a bit bigger than expected, while the forecast for oats and barley suggests a tight supply situation. The federal statistics agency pegged Canadian 2011-12 canola output at a record-sized 14.165 million tonnes. Pre-report
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