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ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Analyst sees canola spike late next month

Movement expected to roll out of November soon

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MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and
Comment, Op/Ed

Comment: Affordability key to participation in beef programs

Canadian beef producers don’t enjoy the support their counterparts in the U.S. do

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I wanted to applaud the recent Manitoba Co-operator editorial “A tale of two programs.” I read it in Alberta Farmer, where it was reprinted. As chair of the Alberta Beef Producers, it reflected many of my own views through this drought. We began to realize on July 9 that crops and cattle feed were deteriorating
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Weather

Pulse weekly outlook: Pea protein in demand despite falling yields

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MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes
(Dave Bedard photo)
Crops, Markets

AAFC lowers ending stocks estimates on crops

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MarketsFarm — Canadian producers will see much tighter grain and oilseed stocks at the end of the current 2021-22 marketing year than what was expected last month, while those for pulse and special crops remain mostly steady. Agriculture and Agri-Food Canada’s (AAFC) September supply/demand estimates, released Friday, project 2021-22 ending stocks for all principal field
Production is being fine-tuned at Roquette’s pea processing plant near Portage la Prairie. (Photo courtesy Roquette Canada)
Crops

Roquette warns of price rise in plant-based food market

Prairie drought could cut pea yields 45 per cent

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Paris | Reuters — A global surge in pea prices linked to low supplies and growing demand for plant protein will inevitably need to be passed on to customers, including makers of alternative food such as meat-free burgers, French producer Roquette said on Monday. The market for alternative protein has soared in recent years, attracting
News

Hay West’s complex legacy of solidarity and economics

The program lauded by politicians and media drew the skepticism of others

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It’s difficult for critics to pan the generosity and sheer altruistic will of people like Willard and Wyatt McWilliams, the father-son farmer duo who started the iconic 2002 Hay West campaign. Likewise, too, the kindness of people like Vancouver Island farmer Bryce Rashleigh, who is selling his hay for rock-bottom prices and pulling together donations
Hay West (and East) ride again
News

Hay West (and East) ride again

A triad of programs are continuing a longtime legacy of farmers aiding farmers

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When the pandemic shut down Victoria’s tourist industry, B.C. farmer Bryce Rashleigh lost the bulk of his hay customers: carriage horses that carted tourists around the coastal city. This summer, as Prairie cattle producers languished in drought, Rashleigh — who farms in Saanichton on Vancouver Island — was near broke and “swimming in round bales.”
News

Manitoba Agriculture aims for quick turnaround on AgriRecovery aid

MARD staff answer producers’ questions on AgriRecovery drought aid programs

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Turnaround time on drought aid was on producers’ minds as they questioned Manitoba Agriculture staff during a webinar on September 14. “Most farmers won’t have the money just sitting around without borrowing it,” a participant said in a question read out by MARD staff. MARD, Keystone Agricultural Producers, Manitoba Forage and Grassland Association and Manitoba Beef Producers
Crop production in Manitoba will be down in 2021 due to extreme heat and dry growing conditions, but Statistics Canada’s latest estimates offer some hope for higher-than-expected yields.
News, Other

Manitoba yields down, but still ahead of Saskatchewan, Alberta

StatsCan cut Manitoba yield estimates for most crops in its Sept. 14 report, but raised soybeans and corn yields

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Statistics Canada’s latest estimate of Manitoba crop yields are down for most crops, with two main exceptions: soybeans and grain corn. As in its previous report, StatsCan expects most Manitoba crops will yield better than those in Saskatchewan and Alberta. Still, while some experts say these latest yield estimates are likely closer to reality than
CBOT December 2021 wheat (candlesticks) with December 2021 oats (orange line, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat firms on global supply issues

Oats also push corn higher

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Chicago | Reuters — Chicago wheat futures firmed on Thursday, strengthened by global supply concerns and a firming oat futures market on drought-stricken North American supplies. Corn and soybeans edged higher, supported by wheat and oats. The most-active wheat contract on the Chicago Board Of Trade (CBOT) added 12 cents to $7.17-3/4 a bushel (all

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