CNS Canada — Representatives from Canada’s five main parties met Wednesday in Ottawa to discuss and debate farm policy ranging from risk management to transportation and rural infrastructure ahead of the Oct. 19 federal election. The hot button issue of the debate, however, was Canada’s supply management systems for dairy, poultry and eggs. The topic
Supply management the hot button at ag debate
Spot mustard prices hit fresh highs on reduced acreage
CNS Canada — Producers who opted against selling mustard earlier in the season are now relishing the spot market, which is reaching fresh highs not seen since 2008 against contract prices. Delivered elevator prices are between 45 to 46 cents per pound for yellow mustard, 31 to 33 for brown, and 34 to 36 for
Regrowth slowing Sask. canaryseed harvest
CNS Canada — Canaryseed regrowth in west-central Saskatchewan is posing a problem to farmers, and could stall harvest into the winter, according to one expert. The region — particularly near Kindersley — is the largest producer of canaryseed, but also experienced a lot of dryness throughout May and June. That means many crops didn’t germinate
Canola exports seen moving slower than expected
CNS Canada –– Sales of canola out of the world’s top canola-exporting country are moving slower than merchants had anticipated — and market watchers attribute Canada’s sluggish pace to high prices and low global demand. “The export story right now is quiet,” said Peter Schutz, canola merchant at Richardson International, attributing it to a lack
Churchill season starts later but on track
The port is trying to reduce track maintenance costs without compromising export shipments
Shipping from the Port of Churchill started a month later than usual this season — a trade-off between reducing railway maintenance costs in warm weather and getting as much grain as possible through the northern route before winter freeze-up. Loading started Sept. 9 on the Clipper Bettina with the vessel bound for Kenya and other
StatsCan raises wheat, canola estimates with new model
CNS Canada — Wheat and canola production are expected to be higher than in previous estimates, but still lower than in 2014, according to a new Statistics Canada model for field crop production estimates. The model-based report, released Thursday, pegs this year’s spring wheat production at 18.4 million tonnes, higher than previously forecast in the
CBOT weekly outlook: Corn, soybeans moving on technical trading
CNS Canada –– Corn and soybean futures at the Chicago Board of Trade (CBOT) are mostly moving on technical trading, profit-taking and good harvest weather. “It’s a technical trade; the range may have moved up a little bit higher than what we had thought,” said Scott Capinegro, senior broker with Highground Trading Group. Soybeans saw
Wheat basis levels improve, futures stay bearish
CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada
Malt barley prices strong despite ongoing harvest
CNS Canada — Commodity prices typically buckle under harvest pressure, but malt barley has been acting as the shining star of cash markets. Influencers within Canada and globally have contributed to the climb, according to one industry expert. Cash prices for delivered elevator malt barley range between $5.25 and $5.75 per bushel, according to Prairie
Alta. harvest turns up stagey crops
CNS Canada –– Alberta farmers who could have used wet conditions earlier this year now have rain slowing their harvest progress. However, the biggest issue producers in the province face is field variability, according to Harry Brook, a crop specialist with Alberta Agriculture and Forestry in Stettler. “It truly is a mess out there —
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