MarketsFarm — Sharp increases in canola and other commodities are said to be coming to an end, according to analyst Errol Anderson of ProMarket Communications in Calgary. Concerns stemming from Russia’s invasion of Ukraine have sparked huge gains, but there’s very likely a good amount of volatility ahead. “The market is being really driven by […] Read more
ICE weekly outlook: Analyst sees sharp declines coming for canola
Canada shuts ports to Russian ships over Ukraine invasion
Russian firms' Canadian holdings also under scrutiny, Freeland warns
Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President […] Read more
Forecasting the future: What crop will be king in the coming year?
Oats is being touted as the profitability champion, but canola’s reign also looks set to continue
Reading Time: 4 minutes Scott Keller is pretty impressed with the latest crop profitability outlook from Manitoba’s Ag Department — but he’s not buying its prediction that oats will be this year’s No. 1 money-maker. Canola is still king and its reign isn’t going to end any time soon, said the grain farmer from New Norway. “Nothing will even […] Read more
ICE weekly outlook: Canola finding plenty of support
MarketsFarm — ICE canola futures climbed to fresh contract highs during the week ended Wednesday, as activity in outside markets and canola’s own tight supply situation provided support. “Outside forces help it, but there are also things unique to the canola market that are supportive,” said David Derwin, commodities investment advisor with PI Financial in […] Read more
Rail service is poor, but better days are on the horizon, says expert
Delivery of hopper cars is a concern, but recovery is expected and long-term outlook is good
Reading Time: 3 minutes Rail service is poor right now, but things will get better — in both the short and longer term, says a leading expert on grain transportation. CN Rail has been particularly poor when it comes to delivering hopper cars requested by grain companies, hitting a low of only 24 per cent during one week in […] Read more
Calgary protein ingredient maker already set to expand
Lovingly Made Ingredients expansion means more sales for Alberta farmers growing peas and other crops
Reading Time: 4 minutes The plant-protein boom is starting to pay dividends for Alberta growers. Less than a year after opening its doors, the province’s biggest plant-protein processor is already eyeing an expansion of its Calgary facility. “We have a piece of technology in Europe that we’re looking to bring to Alberta this year, and that would give us […] Read more
Adjustments minor in latest AAFC crop balance sheets
MarketsFarm — Only minor adjustments to the old- and new-crop balance sheets were reported by Agriculture and Agri-Food Canada in their February supply/demand report, released Friday. New-crop production estimates were left unchanged for all of the major grains, oilseeds and pulses, with a return to average yields across the Prairies expected to lead to increased […] Read more
Despite the conditions, canola trials went ahead last year
The results from the 2021 Canola Performance Trials are now available, along with past results
Reading Time: 2 minutes It wasn’t a great year for putting top canola varieties through their paces, but the results of the 2021 Canola Performance Trials are in and now available at canolaperformancetrials.ca. The trials “represent the next generation in variety evaluation for western Canadian canola growers,” states the website. The initiative, funded by Alberta Canola and its sister […] Read more
Taking the two-week grain-free challenge is worthwhile
Removing grain or processed feeds from your horse can be a good starting point in identifying dietary issues
Reading Time: 3 minutes Even though the ‘two-week no-grain challenge’ may be anxiety inducing, implementing it can offer surprisingly beneficial results for both horse and human. Humans often equate food with love and unknowingly project these feelings on to their animal family — cats, dogs and horses. So this grain-free challenge, touted in some horse websites and forums, often triggers […] Read more
Two Saskatchewan co-ops to buy ag input retailer
Paragon Ag Service assets to be divvied up
A pair of Saskatchewan co-operatives are expanding their reach in the crop input retail sector in that province’s northeast, with a deal to buy an independent dealership chain. Lake Country Co-op and Prairie North Co-op announced Tuesday they have agreements in place to buy the assets of Melfort-based Paragon Ag Service from owners Sherman Boland […] Read more
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