Prices may react to snarled supply lines

Expert's Radar: Dry conditions limit loads on major waterways

Seasonal harvest operations will soon be winding down across Western Canada, with the soybean and corn crops in the U.S. Midwest not too far behind. How easily that grain flows out of the countryside can have a major influence on prices, especially if export demand is curtailed. Mississippi River An estimated 60 per cent of

Wheat comes off the field in south-central Manitoba over the September long weekend.

Luck of the draw on 2023 wheat yields

HARVEST The wheat is mostly in the bin; here’s how harvest shook out for the crop across the Prairies See story pg 6

The theme for this year’s wheat harvest in the eastern Prairies is “variable,” and not just when experts discuss the big picture in their respective provinces. Sask Wheat chair Brett Halstead and Manitoba Crop Alliance cereal agronomist Andrew Hector both noted wild yield swings even within the same growing region. “I’ve heard first- and second-hand


File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)

Plenty of upside now for canola

FUTURES | But a lot of harvesting, and harvest price pressure, is still to come

Harvest pressure, combined with a selloff by the funds, continued to bring down canola prices for the week ended Sept. 28 — but, just like the outlook for early fall temperatures for the Prairies, it’s anyone’s guess whether they’ll go up or down. The ICE Futures November canola contract dropped $9.80 per tonne to close

Green lentils. (Savany/iStock/Getty Images)

Expert’s Radar: Competition and retribution in view

Questions on export demand await wane of harvest pressures

Harvest operations are in their final stages across Western Canada, with all of that newly harvested grain looking for a home. Seasonal trends in grain markets weigh on most crops at this time of year as the supply/demand balance is flush with new supplies, but the long-range price direction will soon refocus on demand. Exports


An initial swath in a canola field north of St. Adolphe on Sept. 17.

Virtually no support for canola values

FUTURES | Vegetable oils and crude oil seem to have gone separate ways

ICE Futures canola was struggling in mid-September as a general selloff in commodity futures, as well as equities, pulled down prices. The nearby November contract fell to $725.30 per tonne on Sept. 21, as it busted through its support level of $730. There were a number of other factors in canola’s slide, one being harvest

(Kraig Scarbinsky/DigitalVision/Getty Images)

Expert’s Radar: Diet choices fuel demands

Despite falling production, oat and flax prices haven’t taken off

A bowl of Cheerios doused in oat milk is a popular breakfast option in my house. A quick granola bar when in a rush is also a common choice. The neighbourhood coffee shop proudly advertises that pumpkin spice lattes can be had with oat milk, which was all but unheard of only a few years


A canola swath in south Saskatchewan on Aug. 27, 2023.

Canola markets sag, then recover

Pace of canola exports slows, wheat markets reflect stock cuts

ICE Futures canola contracts hit their weakest levels in two months in early September but eventually managed to uncover support and move off those lows, despite ongoing seasonal harvest pressure. Statistics Canada released its second model-based production estimates for the 2023-24 crop on Sept. 14, pegging the country’s canola production at 17.4 million tonnes. That was down by about

Average protein levels in wheat are reportedly on the low side elsewhere in the world.

Last year’s supplies can come in handy

Expert's Radar: Dry conditions may lift wheat protein levels

The back-to-school season is a time of beginnings as kids return to classes with new shoes and fresh haircuts, but also a time of endings as the carefree days of summer vacation are replaced by bells and schedules once again. On a last-minute trip to restock on paper and pens, I found someone’s lengthy list


File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)

EU ag commissioner pushes for extension of Ukraine grain import ban

Restrictions due to expire Friday

Brussels/Bucharest | Reuters — The EU agriculture commissioner said on Tuesday said he believes the European Commission should extend a temporary ban on Ukraine imports into five neighouring EU states, as the measure helped boost exports outside the bloc. Ukraine has become entirely dependent on alternative European Union routes, called Solidarity Lanes, for its grain

As of last week, Manitoba’s canola harvest was estimated at about five per cent complete.

Canola choppy following StatCan’s latest report

Gains faded in the hours following the report’s release

As the canola harvest across the Canadian Prairies picked up speed at the end of August, prices for the Canadian oilseed bounced back and forth on ICE Futures. Support came from soyoil on the Chicago Board of Trade, when the commodity was climbing higher, while European rapeseed and Malaysian palm oil provided spillover as well. And as crude oil prices