The area seeded to winter wheat in western Canada this fall is expected to be higher than the level achieved last year at the same time, according to an industry official. "I’m fully expecting to see winter wheat area on the Canadian Prairies surpass the year ago level," said Jake Davidson, executive director of Winter
Prairie winter wheat area seen up
StatsCan finds heat, disease hitting canola output
Statistics Canada’s first survey looking of grain and oilseed production in 2012-13 suggests weather took more of a toll on canola production than first expected, according to market watchers. "Of the estimates, canola was the most watched and it didn’t fail to draw attention," said Ken Ball, a broker with Union Securities in Winnipeg. Statistics
Strength in soybean futures supports canola values
Pre-USDA report jitters dominated the North American oilseed markets during the week ended Aug. 10, with weather playing a secondary role in determining price direction of both the grain and oilseed sectors. ICE Futures Canada’s canola futures lost $1 per tonne in the nearby November future while gaining $7.60 in the far-deferred July future. Commodity
Large canola crop anticipated in StatsCan report
Statistics Canada will release its first look at what grain and oilseed production in Canada will look like in the 2012-13 crop year on Wednesday, with some participants anticipating pretty big numbers for canola and wheat. Some industry players are of the belief that disease and weather during the development stage hurt the yield potential
Alta. harvest work seen picking up steam
Favourable weather and the quick maturation of crops have producers in Alberta preparing harvest equipment, according to a provincial crop specialist. "Swathing of some canola, wheat and barley crops is now underway in the province, while combining of lentils, peas and chickpeas was well underway and nearing completion in select areas," said Harry Brook, a
Canola prices slide as harvest begins
Weather issues continued to dominate the price patterns experienced by the oilseed markets located on the ICE Canada platform and the Chicago Board of Trade during the week ended July 27. The price movement in both resembled that of a roller-coaster with the up-and-down movement far from being over. ICE canola futures lost $36 to
Hot U.S. temperatures make for hot markets
Canola futures on the ICE Canada platform continued their upward trek during the week ended July 20 with the weather concerns in the U.S. Soybean Belt providing much of the price strength. The gains in canola ranged from $20 to $24 per tonne. The new long-range weather outlooks (as of July 20) for the main
CWB wheat/barley marketing programs ready, canola in works
The Canadian Wheat Board’s marketing programs for wheat, durum and barley are ready to be launched with the start of the 2012/13 (Aug/Jul) crop year, according to an official with the CWB. Pool programs for canola were also in the works. "There is no question that the CWB is ready to take on its new
Weather’s grip on grain markets begins to weaken
Weather-related issues in the U.S., which have provided ICE Futures Canada canola futures with much of its support, seemed to run out of some steam during the week ended July 13. The three nearby months managed to post gains of roughly C$3 to C$5 per tonne, while the further-out months actually lost ground. Early in
‘Excellent’ crop development seen in Alta.
A combination of warm temperatures and timely precipitation has resulted in some excellent looking grain and oilseed crops in Alberta, according to a provincial crop specialist. "Rain over the past couple of days combined with the heat seen last week has helped with development and has improved yield potential for the various crops," said Harry
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