CNS Canada — Durum prices in Western Canada are under pressure as other countries’ new durum crops are just around the corner and end-users are well covered. “We have new-crop French and Spanish durum coming on here in a couple months, and the Mexican crop as well,” said Jerry Klassen, manager for Swiss-based GAP SA
Durum prices fall as new crop right around corner
Flax prices still strong enough to buy acres
CNS Canada –– Canada’s flax prices are still holding strong enough to encourage an acreage increase this spring, despite concerns about slowing demand. Prices have held up even as shipping opportunities have started to slow down, as there’s a standoff between buyers and sellers, and supplies remain tight, said Mike Jubinville of ProFarmer Canada. Old-crop
CBOT weekly outlook: More downside possible for corn, soybeans
CNS Canada –– Chicago Board of Trade corn and soybean futures moved sharply lower during the week ended Wednesday, and could see more downside going forward. “As long as crude oil keeps on grinding lower, the U.S. dollar remains fairly strong, I think that prices have an opportunity to continue to grind lower as long
Prairie wheat bids rise with U.S. futures, improving basis
CNS Canada –– Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) cash bids moved higher in Western Canada during the week ended Friday, underpinned by strength in U.S. wheat futures and improving basis levels. Average CWRS wheat prices were C$6 to more than $9 per tonne higher during the week, with bids
Decisions on new-crop canola acres still pending
CNS Canada — With the 2015-16 growing season fast approaching in Western Canada, decisions on how many acres will be seeded to canola remain up in the air. “I think a lot of people aren’t getting a lot of feedback from growers, as they haven’t really indicated a lot of big changes in acres,” said
ICE weekly outlook: Canola’s trading range moving higher
CNS Canada — The ICE Futures Canada canola market was stronger during the week ended Wednesday, and is expected to stay in a higher trading range going forward. “For the front month May, C$448 per tonne is the support area. And right now we’re more than $20 above that,” said Errol Anderson of ProMarket Communications
North Dakota canola acreage set to increase
CNS Canada –– Canola acreage in North Dakota is expected to increase slightly in 2015, as it offers many benefits for farmers in the state, industry officials say. “We’ve been projecting canola acres all along to go up from 1.2 million to maybe 1.3 million in North Dakota this year,” said Barry Coleman, executive director
Cabbage seedpod weevil could cause problems for Prairie canola
CNS Canada –– Canola growes in Western Canada will have to keep an eye out for cabbage seedpod weevils in fields this year, according to government officials. “For cabbage seedpod weevil, the survey from last year was showing that it’s extended well eastwards (in Saskatchewan) with some pretty good numbers now moving more into traditional
Pests likely to survive Manitoba winter
CNS Canada –– Sufficient snow cover will likely help insect crop pests survive the winter in Manitoba, despite a recent bout of extremely cold weather. “Snow is a great insulator, so even though we have had some quite cool temperatures the last several weeks, where the insects are beneath the snow it’s actually nice and
CBOT soy seen weakening as soon as Brazil’s logistics improve
CNS Canada — Chicago Board of Trade (CBOT) soybean futures moved higher during the week ended Wednesday, as continued good export demand for U.S. soybeans was bullish. Brazil’s slower than normal harvest pace and its logistics problems related to a trucker strike both led to strong export demand for the U.S. As soon as those
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