The United States Department of Agriculture’s attaché in New Delhi forecast an increase India’s production of rapeseed-mustard for 2023/24. The attaché projected a harvest of 11.90 million tonnes versus the 11.70 million expected by the department.
Attaché sees larger Indian rapeseed crop than USDA
Cold weather beneficial; harvested area, yields steady
Prairie wheat weekly outlook: Prices down, especially for durum
Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices
Wheat prices across the Canadian Prairies pulled back during the week ended Feb. 8. While there were moderate declines in Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, there were sharper losses for Canadian Western Amber Durum.
Feed grain weekly outlook: Ample supplies pushing down prices
Livestock feeders well covered with U.S. corn, pressuring prices
Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.
Less pressure on canola from South American soybeans
It’s now a wait-and-see game on the Latin American harvest
The huge South American soybean crop weighing on North American oilseed values has become something of a question mark. The Brazil soybean harvest is well underway and reduced yields indicate the once promising crop of more than 160 million tonnes will almost certainly be less than 150 million tonnes. A dry northern half of Brazil
Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.
USDA attaché sees improvement in Argentina wheat, corn
Recent hot spell in Argentina may have eroded potential corn yields
Ahead of the February supply and demand estimates from the United States Department of Agriculture, the department’s attaché in Buenos Aires issued their grain and feed update on Argentina.
Pulse weekly outlook: Lentils remain steady for now
Eston lentils the sole outlier, nudging up a penny per pound
Lentil prices held firm over the last week across Western Canada, according to Prairie Ag Hotwire.
Technical centre wants farmers to consider barley
AAFC projects higher barley production in 2024
As farmers prepare for spring seeding, the Canadian Malting Barley Technical Centre reminded them to keep barley in mind.
Cattle moving in greater numbers
Trend expected to continue through February
While there was not much change in cattle prices at the Killarney Auction Mart at its Jan. 22 sale, the number of head sold was slightly more than triple the previous week. There were 1,255 cattle auctioned on Jan. 22, compared to 410 the previous Monday. “Some of those yearlings bought last summer are starting
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
Cyber-Savvy Farmer
