CNS Canada — The snowpack is gone and moisture levels are low across many agricultural areas of Western Canada, which should allow for an early start to spring seeding. However, the lack of moisture could lead to problems down the road if there is no timely precipitation later in the season. While there are no
Dryness being watched in parts of Western Canada
ICE weekly outlook: Rangebound canola could go either way
CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but remain stuck in the same wide range they’ve been in for the past month. The technical trend is starting to point lower, but the possibility of a seasonal bounce is also still there. From a chart standpoint, both the
Manitoba sunflower acres set to rise
CNS Canada –– An early spring and drier conditions in western Manitoba, together with relatively favourable prices, should lead to an increase in sunflower plantings in the province this year. “Assuming that the southwest won’t be wet this year, we’re expecting that acres will be over 100,000,” said Darcelle Graham, executive director of the National
Oats market goes cold on limited demand
However, analysts expect an increase in acreage this spring
The oats market in Western Canada has gone cold, with little heat expected until closer to spring seeding. “The basis is the thermometer, and right now oats are getting cold,” said Ryan McKnight, of Linear Grain in Carman, Manitoba, noting that basis levels were generally fading. “We’re just not seeing much demand for oats anywhere
Farmers seek to sell some canola ahead of seeding
Ratings are better than expected for some U.S. wheat crops
ICE Futures Canada canola contracts moved lower during the week ended March 27, as fund traders bailed out of long positions. Declines in the CBOT (Chicago Board of Trade) soy complex contributed to the weaker tone in canola, but the Canadian futures outpaced their U.S. counterpart to the downside. Fund traders were holding net long
Western Canadian wheat bids rise with U.S. futures
Average CWRS prices were steady to up by as much as $8 per tonne
Wheat cash bids across Western Canada moved higher in most classes during the week ended March 20, with gains in the U.S. futures behind much of the strength. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as $8 per tonne during the week, with bids ranging from $208
Record Prairie lentil area likely
CNS Canada –– Canadian lentil acres are expected to rise considerably this spring, with most of the increase in red lentils, according to industry participants. While the acres are going up, the opposite is likely in prices. “Everybody is looking for an increase (in lentil acres),” said Darren Lemieux of Simpson Seeds at Moose Jaw,
Canaryseed slow to move, but still pencils out in many areas
CNS Canada — The canaryseed market may be very slow in Western Canada, but acres are still expected to rise in 2015, according to an industry official. “The canary market is relatively quiet,” said David Nobbs, president of the Canaryseed Development Commission of Saskatchewan and director of operations with CanPulse foods in Kindersley, Sask. Activity
Lack of fresh news keeps canola in holding pattern
Weather uncertainty offers support to wheat futures
ICE Futures Canada canola contracts traded within a $10 range during the week ended March 20, but finished Friday’s session relatively in line with where they were seven days earlier. That rangebound activity could be the norm, at least until spring seeding, as canola chops around awaiting some fresh fundamental news. The May canola contract
Oats market cold in Western Canada
CNS Canada –– The oats market in Western Canada has gone cold, with little heat expected until closer to spring seeding. “The basis is the thermometer, and right now oats are getting cold,” said Ryan McKnight of Linear Grain at Carman, Man., noting basis levels were generally fading. “We’re just not seeing much demand for
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