CNS — Last winter, rail movement of western Canadian grain was described as ‘disastrous’ for a number of reasons, including bad weather and record large amount of supplies needing to be moved. But, this spring and summer, movement has started to improve in most places, helped by government legislation and better weather, and the same problems
Another Canadian logistics ‘disaster’ not likely for 2014/15
Peace River area expected to produce below-average crop
CNS Canada — The Peace River region in northern Alberta is expected to produce a below-average crop this year because of dry weather in the area, according to a crop specialist. The soil is in need of some moisture in the area, especially in mid-July, as it is a crucial period for crop development, Harry Brook,
ICE weekly outlook: Canola to fall along with soybeans
CNS Canada — Canola futures on the ICE Futures Canada trading platform were slightly weaker during the week ended Wednesday, but managed to hold up better than the Chicago soybean market. Worries about flood damage to canola crops in parts of southwestern Manitoba and southeastern Saskatchewan prevented prices from dropping as far as soybeans during
Prairie CWRS cash bids fall below $5 a bushel
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) moved lower during the week ended June 30, with CWRS bids falling below the $5 a bushel mark. Losses seen in U.S. wheat futures after a bearish U.S. Department of Agriculture report on Monday were responsible for
StatsCan raises canola acreage, but actual area likely lower
CNS Canada — Statistics Canada released its latest acreage estimates on Friday, with canola coming in at 20.2 million acres, above the previous guess of 19.8 million. That number, however, will likely be lower due to some unseeded and flooded acres unaccounted for, because the estimates were made as of June 10, when some farmers
Prairie wheat bids drop about $10 with U.S. futures
CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) were weaker during the week ended Monday, dropping $10 a tonne. Much of the weakness was linked to spillover pressure from sharply lower U.S. wheat futures markets. Average spot bids for CWRS (13.5 per cent protein) across
ICE durum trades for first time since February 2013
CNS Canada — ICE durum futures on Wednesday saw some trade activity for the first time since Feb. 14, 2013, with five October contracts changing hands at weaker prices. The contract dropped $12 per tonne, to settle at $230. This comes just one day after ICE barley contracts saw new life, as five contracts also
Seeding nearing completion in Alberta
CNS Canada — Seeding in Alberta is nearing completion, with about 90 per cent of the crop reported in the ground as of Friday, despite the southern part of the province starting about two weeks later than normal. “Although it was a late start to the year, we had really good conditions for people to
Late spring makes Man. canola more vulnerable to flea beetles
CNS Canada — Canola crops are more vulnerable to flea beetle damage in Manitoba this spring as cool, wet conditions have caused seed treatments to wear off. “Most of the canola has seed treatments that contain insecticide which protects the canola from the flea beetles. What is happening is the fields that were planted around
Wide range seen on Prairie canola cash market
CNS Canada –– Prairie farmers are seeing better prices than earlier this winter for their canola in the cash market, but values vary widely as some regions are seeing better basis levels for old crop than others. “We’e seen areas and pockets where basis levels have improved where on-farm supplies are a little tighter,” said