CNS Canada –– Corn and soybean futures at the Chicago Board of Trade plunged on Tuesday as fresh estimates hit the market. Near-term, soybeans aren’t expected to improve much, one U.S. analyst said, though a lack of farmer selling could bring some upside to corn. The U.S. Department of Agriculture (USDA) on Tuesday released its
CBOT weekly outlook: Soybeans likely headed down, corn sideways
Flax exports up after dry spell, prices stay soft
CNS Canada — Western Canadian flax producers have seen a decline in prices, due in part to weak exports — but the most recent data from the Canadian Grain Commission show a dramatic increase in sales. “Prices have definitely come down, we know that,” said Don Kerr, president at the Flax Council of Canada in
Wide-ranging green lentil quality good for Sask. markets
CNS Canada — Variable weather throughout Saskatchewan’s growing season brought a range of quality and prices to green lentil producers — and that’s a good thing, according to a processor in the province’s south. The final quality of green lentils in Saskatchewan ranges from No. 1 to No. 3, said Colin Young of Midwest Investments,
Cereals North America: Shift to La Nina may hurt yields
Winnipeg | CNS Canada –– El Nino weather patterns are typically beneficial to North American grain yields, but cut into the production prospects of key Eastern Hemisphere demand markets, according to presenters at this week’s Cereals North America conference. However, an expected shift toward La Nina conditions by late 2016 could see North American grain yields
No neonic ban expected in the West
In Ontario, the treatments won't be allowed in 2017 unless a demonstrated need exists
Restrictions on neonicotinoid-based pesticides in Ontario have generated concerns amongst grain farmers in the province, but Manitoba industry participants don’t expect similar policy to move west any time soon. Laws restricting neonicotinoid-pesticide use were introduced in July. The Grain Farmers of Ontario had hoped to enact a stay on the regulations through court proceedings, but
Cereals North America: W. Canada to see marketing shifts
Winnipeg/Commodity News Service Canada – Crops in Western Canada saw a range of weather conditions this year, resulting in lower production and higher protein. That means there will be a marketing shift next year, according to Bruce Burnett, weather and crop specialist with G3 Canada (formerly CWB), speaking at a Cereals North America conference in
Oats steady and low, but price-wise the worst is over
Manitoba’s oat market is sitting low and stagnant, but since the commodity traditionally tracks corn futures, prices aren’t likely to depreciate further, says a U.S. analyst. “I think Manitoba farmers were expecting a lot better and Saskatchewan farmers were expecting a lot worse, but really when the combines got in the field—you know everything was
India still rules pulse market, despite potential diet shifts
CNS Canada –– Based on how its high pulse prices and stockpiling regulations have held the market’s undivided attention in recent weeks, India’s place in the driver’s seat of the pulse trade appears safe. While new data from the World Health Organization on the carcinogenicity of processed and red meat is driving attention to alternative
Demand for North American durum now a balancing act
CNS Canada — North American durum prices are teetering on an edge and could tip higher or lower as the balance between producer selling and demand fluctuates, one U.S. analyst says. Canada’s production came in lower than expected due to drought during the growing season, which propped up durum prices, despite wheat’s global supply glut.
Man. corn harvest progresses rapidly despite moisture issues
CNS Canada — Manitoba’s corn harvest is nearly finished and may be bringing farmers above-average yields, according to a provincial crop specialist — though some producers have had to make tough decisions when it comes to drydown. The province’s latest crop report for the week ended Oct. 13 pegged grain corn’s harvest progress at 45
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