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This week on ‘Between The Rows’
Episode 307, Dec. 22, 2022
Another volatile holiday week for grain markets
MarketsFarm – As trading is most often volatile between Christmas and New Year’s, this week did not disappoint. Canola pretty much ran the gamut, swinging higher one day, falling back the next. During the overnight session that ended on the morning of Dec. 30, the nearby January contract apparently hit a new all-time high when […] Read more
Dry times don’t dent a bumper crop of community goodwill
Reading Time: 3 minutes Even though it was a stressful year, that didn’t stop producers from across the province from stepping up once again for the Canadian Foodgrains Bank. And some produced some surprising results. “We were very dry, but I guess we got the right rain at the right time, because the crop grew well and with record […] Read more
Herbicide carry-over a risk in 2022
Reading Time: < 1 minute Saskatchewan’s pulse, canola and wheat commissions have created a six-page fact sheet on factors affecting herbicide carry-over and the risk that poses. “Herbicide carry-over becomes a concern after dry conditions because soil moisture largely dictates the rate of soil residual herbicide breakdown due to its influence on two of the major degradation mechanisms: microbial activity […] Read more
A look back at the year that was — from bad to verse
There’s not that much to celebrate — and so this ‘poetry’ you’ll just have to tolerate
Reading Time: 3 minutes Once again, a year’s passed and for better or worse We start a new one in doggerel — that’s badly rhymed verse We review the last year (which you could say was a hexed one) And give you some tips on what to do in the next one Now I’ve heard all the stories while […] Read more
After a year like this, boring never looked so good
We’ve been whipsawed by one event after another, so a return to normal would be a gift
Reading Time: 4 minutes Sometimes you can judge a year by how long it seems to have lasted. This one seems to have gone on forever. It feels like an eon ago when COVID-19 vaccines arrived (the first dose, outside of a clinical trial, was actually administered on Dec. 8, 2020 to a British grandmother named Margaret Keenan). Back […] Read more
ICE weekly outlook: Hard to say where canola is going
MarketsFarm – There was a first for canola on Dec. 29, in that three contracts exceeded C$1,000 per tonne at the same time. In the sharp upswing during that Wednesday morning on the Intercontinental Exchange, the nearby January, March and May canola contracts respectively reached new highs with the former hitting the daily limit of […] Read more
Lethbridge canola crusher workers reject contract offer
UFCW to seek mediation
Unionized workers at Richardson International’s oilseed crush plant at Lethbridge, Alta. plan to seek mediation after voting to reject the company’s contract offer. United Food and Commercial Workers (UFCW) Local 401, which represents about 140 workers at the Lethbridge plant, said Monday its members had voted 79 per cent to reject the offer. The workers’ […] Read more
ICE weekly outlook: Holiday canola trading is anyone’s guess
MarketsFarm — The canola trading week starting Tuesday (Dec. 28) will be a short one and Keith Ferley of RBC Dominion Securities said anything can happen. “I don’t know if we’re going to see that with computer trading. Volumes usually lighten up, but nothing is normal in this COVID world,” he cautioned. Canadian markets, including […] Read more
AAFC adjusts grain, oilseed balance sheets slightly
MarketsFarm –– Updated supply and demand tables from Agriculture and Agri-Food Canada (AAFC), released late Friday, included only minor adjustments to balance sheets for the country’s major crops. The department’s projected ending stocks for wheat and canola were left unchanged from the previous month. Factoring in the official estimates from Statistics Canada, released Dec. 3, […] Read more
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