Canadian wheat exports in both the current crop year and the upcoming 2024/25 marketing year will likely end up above earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released June 20, that left the balance sheet for canola relatively unchanged.
AAFC raises wheat exports call, tightens carryout
Canadian Ag Hall of Fame announces 2024 inductees
Bruce Coulman, Michael Eskin, Paul Larmer and Charles Vincent will be formally inducted on November 2 at a ceremony during the Royal Agricultural Winter Fair in Toronto.
ICE Canada Weekly: Little to propel canola upward
Canola across most of the Prairies appeared to be in good shape during the second last week of June, with very little prospect of a major rally according to a trader.
Canola fund short position climbs higher
As of June 11, 2024, the net managed money short position in canola futures came in at 99,252 contracts (1,950 long/101,202 short), which was up by roughly 30,000 contracts from the previous week.
Seeding in Alberta nearly complete, with strong emergence
Spring planting in Alberta was virtually complete according to the province’s latest crop report. As of June 11, seeding in Alberta was a smidge under 100 per cent complete provincewide and on par with the five-year average. The Peace River Region ranked 100 per cent complete for its major crops, while the south, central, northeast […] Read more
Ag in Motion turns ten
A decade later Western Canada’s outdoor farm expo continues to build on early success
Reading Time: 6 minutes A preview of the 2o24 Ag In Motion show at Langham Saskatchewan.
Biofuel policies will alter grain price structure
Boom likely to spill into lower meal prices, animal nutrition conference hears
Reading Time: 4 minutes Governments are making legislative overtures to boost production of biofuels. In Canada, that includes the Canadian Clean Fuels Regulation, which lays out rules for fuel production and aims to encourage development of cleaner fuels and limit greenhouse gas emissions.
Saskatchewan spring planting virtually complete
At 98 per cent complete, spring planting in Saskatchewan has essentially wrapped up for 2024, although for rain has delayed farmers’ last rounds in the northeast and east-central regions of the province. For the week ended June 10, it was the northeast that received the most precipitation in Saskatchewan. The province’s latest crop report noted […] Read more
PAMI sees funding boost
Organization slated for $5 million in government funds
Reading Time: 2 minutes PAMI has been one of the go-to sources for technical and mechanical research pertaining to agriculture on the Prairies for decades.
ICE weekly: Canola futures volatile amidst selling, rainy weather
Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the week, fell to its lowest […] Read more
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