MarketsFarm — There are very good prices for feed barley and wheat in Alberta, according to Susanne Leclerc of Market Master Ltd. in Edmonton — but two factors could limit their availability. Leclerc said there is good demand for feed wheat in the province, “but prices are slightly up because we’re not seeing a lot
Feed weekly outlook: Freight costs could determine grain availability
CBOT weekly outlook: October USDA report delivers few major changes
Soy could see 'a few more days' higher
MarketsFarm — For the most part, the latest monthly supply and demand report from the U.S. Department of Agriculture provided little in terms of major changes from its September report. USDA issued its October world agriculture supply and demand estimates (WASDE) during the late morning Wednesday, with much of the data fairly close to market
Alberta harvest on the verge of completion
MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11
Feed weekly outlook: Barley values steady, wheat rises
MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway
Is the wheat market poised for sharp spike?
Current sabre-rattling adds to volatility
The U.S. wheat complex drifted lower in the last week of September compared to the previous week. As price fluctuated, ongoing tensions over Russia’s invasion of Ukraine simmered in the background. As September drew to a close, rumblings increased that the agreement allowing Ukraine to export grain through its Black Sea ports would not be
Quinoa production improves in 2022-23
Yields swing closer to average level
MarketsFarm — Compared to last year, Canada’s 2022-23 quinoa harvest has significantly improved, with yields exceeding expectations, according to Michael Dutcheshen of Saskatoon-based NorQuin. “Last year was a tough year for Canadian farmers for all crops, with quinoa no exception. This year is looking a lot more positive. We seem to have missed the hot
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there
Fall cattle run numbers increase
Bids for feeder steers showed noteworthy gains
The fall run is in full swing and the number of cattle heading to Manitoba’s eight livestock auctions continues to increase. “It’s going to be as busy as it ever is,” said Allan Munroe of Killarney Auction Mart, which had a sale Sept. 19 with 1,120 head. That’s up from 516 the previous week. Overall, there were
ICE weekly outlook: Canola shouldn’t fall hard
Loonie keeping oilseed off sharper decline
MarketsFarm — As Malaysian palm oil futures tumbled to 20-year lows during the week of Sept. 26, they have put a lot of pressure on canola prices, analyst Errol Anderson of ProMarket Communications in Calgary said. However, he said, the Canadian dollar has been the backstop that kept the oilseed from falling with palm oil.
Canola yields not great, but good improvement
Harvest progress last week was well behind the five-year pace
As farmers contend with less-than-ideal canola yields, the main thing to keep in mind is the 2022-23 harvest will still be vastly better than last year’s. On Sept. 14, Statistics Canada issued its latest production report, following up on its previous one released Aug. 29. That one was based on satellite imagery taken at the
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