Statistics Canada pegged surprisingly large 2013-14 production figures for many of the crops grown in the country in its final crop report of 2013, released Wednesday. “There’s just no getting around it, this is the biggest crop of Canadian history and it’s basically a shocker all around,” said Mike Jubinville of ProFarmer Canada in Winnipeg.
StatsCan shows shockingly large crops all around
Larger canola, wheat crops expected in StatsCan report
Statistics Canada should show an increase in Canadian wheat and canola production in its upcoming final crop report of 2013 on Wednesday, industry participants said. Record-large yields reported in many areas, and the fact that the survey for StatsCan’s last report was done before many people were finished harvest, were said to be pointing to
Prairie wheat bids mixed with U.S. futures
Cash bids for western Canadian spring wheat were mixed, following U.S. futures during the week ending Monday (Dec. 2). Canada Western red spring (CWRS) wheat bids were weaker, while Canada Prairie spring red (CPSR) bids were firmer. On Dec. 2, average spot bids for 13.5 per cent CWRS across Manitoba, Saskatchewan and Alberta came in
Cattle industry seen likely to shrink if COOL stays
There’s a good possibility the Canadian cattle industry will start to shrink if U.S. mandatory country-of-origin labeling (COOL) rules on meat stay in place as they are. COOL came into effect about five years ago, making it mandatory for retailers to label meat that comes from countries outside of the U.S. The World Trade Organization
Prairie wheat cash bids mixed
Cash bids for western Canadian spring wheat continued were mixed during the week ending Monday (Nov. 25). Basis levels were wider on average, though some locations were showing improvement. Average spot bids for Canada Western red spring (CWRS, 13.5 per cent protein) wheat across Manitoba, Saskatchewan and Alberta came in at around $212 per tonne,
Logistical issues weaken canola basis levels
Cash prices for canola in Western Canada are trending lower, as basis levels are weaker due to logistical issues in the country. “We’ve got elevators behind on getting cars, and we’ve got such a big crop out there, not just canola but everything else that’s trying to find its way through the system,” said Jon
Dry soil a concern for some on the Prairies
Dry soil conditions heading into winter could cause problems next spring. “There are some concerns with pasture recovery and just starting up the season next year,” said Trevor Hadwen, agro-climate specialist with Agriculture and Agri-Food Canada. “In terms of native pasture, the dry fall doesn’t allow the recharge of the soil moisture, which doesn’t allow
ICE weekly outlook: Canola bias leaning lower
ICE Futures Canada canola contracts moved lower during the week ended Wednesday (Nov. 20), with the January contract closing just above the key support level of C$480 per tonne. Some of the weakness in the market was linked to spillover pressure from the losses seen in the Chicago soybean complex and reports of high oil
Prairie wheat bids continue to fall, basis levels steady
Cash bids for western Canadian spring wheat continued to move lower during the week ended Monday, though basis levels were holding steady. Much of the weakness in western Canadian cash bids was linked to the losses seen in U.S. wheat futures. Average spot bids for Canada Western red spring (13.5 per cent protein) across Manitoba,
Some Prairie areas too dry heading into freeze-up
Some areas across Western Canada are experiencing dry soils heading into the winter freeze-up — which could affect some crops trying to survive over the winter. “There are some concerns with pasture recovery and just starting up the season next year,” said Trevor Hadwen, agroclimate specialist with Agriculture and Agri-Food Canada. “In terms of native
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