CNS Canada –– India, the world’s largest producer of pulses, needs moisture before crops hit the reproductive cycle at the end of January, or existing losses will become amplified, a weather analyst says. The driest areas in India are important pulse-producing regions in northeastern Andhra Pradesh and neighbouring Uttar Pradesh, said Drew Lerner of World
India’s pulses under stress, need well-timed rain
Flax prices see upward bump on increased demand
CNS Canada –– Foreign demand has picked up in the flax market, according to a grain brokerage firm — and despite increased competition, Canadian prices have seen a slight uptick as limited quality flax is available. Old-crop flax prices have increased slightly since harvest, as farmers have been firm on sales, and demand has picked
Weak loonie expected to support hog prices, but not yet
CNS Canada — A weak loonie could improve the profit margin of Canadian pork producers by summer, according to one analyst, but its effects have been little seen in the current market. Influencers outside of currency markets are driving current cash prices lower — and cash prices are relatively depressed, according to Tyler Fulton, director
Limited farmer selling keeping pea prices steady
CNS Canada –– Prairie pea prices are steady, but farmers are holding out, according to one trader, as emerging new-crop bids grow in strength. “I think what’s moving prices is simply the expectation that (they) can’t go that much lower,” said David Newman of Victoria-area pulse trading and processing firm Commodious Trading. A lack of
Canada’s organic market to focus on special crops in 2016
CNS Canada — The spotlight is on special crops in Canada’s organic market, as new-crop bids for 2016 start to appear. “It’s a bit of a switch from normal,” said Laura Telford, organic sector development specialist with Manitoba Agriculture, Food and Rural Development at Portage la Prairie. Normally producers see high demand and prices for
Low acres, high prices expected to continue for mustard
CNS Canada –– Canadian mustard production will likely see an upward bump in 2016, according to one buyer, but seeded acres won’t increase exponentially, despite strong prices. “It’s not going to be a big bounce-back year like we’ve had in the past whenever spot prices have increased like they have,” said Walter Dyck of Olds
Trends for 2016: Pulses expected to steal acres from cereals
CNS Canada — Canadian farmers are expected to seed more pulse crops at the expense of cereals in 2016, according to early projections from industry experts looking at current market trends. “Definitely we’ll see an increase in pulse crop acreage,” said Bruce Burnett, weather and crop specialist at G3 Canada. Lentils and peas are seeing
CBOT weekly outlook: Corn, soy rangebound ahead of holidays
CNS Canada — Corn and soybeans at the Chicago Board of Trade are rangebound ahead of the holidays, according to one analyst. On Wednesday, the U.S. Federal Reserve raised interest rates by 0.25 per cent, the first increase since 2006, which pressured both corn and soybeans. But outside of that story, corn and soybean markets
Loonie’s boost for commodity prices likely limited in 2016
CNS Canada — The Canadian dollar has been steadily depreciating through 2015, sinking to an 11-year low relative to its U.S. counterpart as the end of the year creeps closer. Even if the loonie stays weak in 2016, however, two analysts expect the upside potential it brings to agricultural commodity markets has mostly run out.
Oat prices move higher to spur farmer selling
CNS Canada — Prairie oat prices are ticking upward as buyers try to coax farmers into a slow market — but prices, most notably in Saskatchewan, may need to move further before that happens. “Prices are below expectations, and in some instances quality is below what the market is willing to accept at this point,”
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