CNS Canada — Cash bids for Canada Western Red Spring (CWRS) wheat moved lower during the week ended Monday, following sharp losses seen in U.S. futures markets. Average spot bids Monday for CWRS (13.5 pr cent protein) across Manitoba, Saskatchewan and Alberta came in at around $203 per tonne, or $5.52 per bushel, based on
Spring wheat cash bids fall with futures
Record prices not encouraging cattle herd expansion
CNS Canada — Cash prices for Canadian feeder cattle may be reaching record highs, but that doesn’t seem to be encouraging herd expansion. Though prices for Canadian cattle are very strong, they could be even better, said Herb Lock of Farm$ense Marketing in Edmonton. “The real story is how far behind the Americans we are
ICE weekly outlook: November canola could re-test $500
CNS Canada — ICE Futures Canada canola contracts moved higher for the seventh consecutive week during the week of March 12-19, following strength seen in the Chicago soybean market. Funds were also moving money into commodities, which helped to lift both soybeans and canola, according to Errol Anderson of ProMarket Communications in Calgary. “What’s driving
Manitoba corn acres seen holding steady from 2013
CNS Canada –– Corn acres planted in Manitoba this spring aren’t expected to change much from last year, as weaker prices will likely discourage further expansion. “I don’t think we’ll see a big increase and that’s simply just because the price of corn wasn’t quite as attractive as it was twelve months ago,” said Myron
Chicago soybeans breaking lower, Chinese ports full
CNS Canada — Chicago Board of Trade soybean futures moved lower during the week ending Wednesday, with slowing Chinese demand behind the declines. China started to cancel purchases of South American soybeans during the week, which prompted fears that they might also cancel U.S. orders, said Scott Capinegro of Barrington Commodities at Barrington, Illinois. “The
Hog cash prices nearing record highs
CNS Canada –– Cash prices for Canadian hogs are nearing record levels due to concerns about reduced North American supplies because of the porcine epidemic diarrhea virus (PEDv) that’s plagued U.S. farmers and a handful in Canada this winter. Futures prices for hogs reached record levels in the U.S. in early March, with prices rallying
CBOT soybean, corn futures looking ‘top-heavy’
CNS Canada — Soybean futures on the Chicago Board of Trade moved higher for the fourth straight week during the Feb. 26 to March 5 period. Steady demand, ongoing concerns about tight U.S. supplies and weather problems in South America helped to support the market. Prices looked like they had hit a top, and the
ICE weekly outlook: Strong canola price to spark selling
CNS Canada –– Canola futures on the ICE Futures Canada trading platform moved sharply higher during the week ended March 5, with ideas that canola is undervalued compared to other oilseeds helping to lift prices. Traders were said to be spreading against other oilseeds, buying canola and selling U.S. soybeans and products. Political problems in
Peas seen as good cropping option for Canadian growers
Winnipeg | CNS Canada –– Peas are starting to pencil out as a good cropping option for farmers in Western Canada to plant this spring. High fertilizer prices and low returns for some of the bigger crops are helping make peas a more attractive option, David Katerynych, grain broker with Kat Commodities Ltd., said during
Grainworld: Canaryseed could be ‘overproduced’
Winnipeg | CNS Canada — Canaryseed is a relatively small crop in the bigger picture of Canadian agriculture, but there are concerns that growers may produce too much this year. So far it’s expected canaryseed area will increase to 247,000 acres this spring, from 210,000 in 2013-14. But it could get even bigger, Kevin Hursh,
Cyber-Savvy Farmer
