Although there has been some upward movement in feed grain prices, particularly in Alberta, it’s not domestic demand that’s pushing them higher, said Jim Beusekom, president of Market Place Commodities in Lethbridge on Feb. 19.
Feed Grains Weekly: Domestic prices remain flat
Minor tweaks in AAFC supply and demand report
There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Prairie Wheat Weekly: Cash prices mostly higher
Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
Pulse Weekly: Lentil prices currently lacking direction
There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
Can we trust the USDA crop data anymore?
Staff cuts to the U.S. Department of Agriculture were seen as main culprit after corn acres got a sudden rework
Indications that farmers, analysts and traders have started to lose trust in data from the United States Department of Agriculture are hardly a surprise.
ICE Canada Weekly: Canola needs to back away from highs
Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
Pea, lentil outlooks have some positive signals – Penner
As pulse growers consider what to plant this spring, Chuck Penner of Leftfield Commodities Research said there is some optimism in the Canadian pulse market. Penner gave a presentation at the Saskatchewan Pulse Growers meeting in Swift Current on Feb. 4.
CBOT Weekly: Additional soybean purchases strengthen U.S. soy
There were good gains for the Chicago soy complex during the week ended Feb. 4, due to positive news that Wednesday.
Mustard prices holding steady
Mustard markets in Western Canada are showing little movement this winter, said Norm Hall, board chair of the Saskatchewan Mustard Development Commission.
Feed Grains Weekly: More consideration being given to U.S. corn
There’s beginning to be a shift within the Canadian Prairie feed market towards importing United States corn, said Darcy Haley, vice-president of Ag Value Brokers in Lethbridge.
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