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 […] Read more
ICE weekly outlook: Analyst sees canola spike late next month
Movement expected to roll out of November soon
Stay in the green to reduce risk of grain spoilage
Late tillers might have upped moisture in your wheat and barley, says agronomist
Reading Time: 2 minutes Your cereals might have a higher moisture content than you might expect after a very dry summer, says an agronomist with Alberta Wheat and Alberta Barley. “After a dry early and mid-season, late tillers have emerged due to the later summer rains,” Jeremy Boychyn wrote in his Growing Point blog earlier this month (albertawheatbarley.com). “These […] Read more
Xi raised Huawei case in recent call with Biden, White House says
Washington | Reuters — The White House on Monday said a near-simultaneous release of a top Huawei executive and two Canadians detained shortly after her arrest was not a prisoner swap, but said the moves came up in a call between the Chinese and U.S. presidents weeks before. On Friday, Huawei chief financial officer Meng […] Read more
‘Two Michaels’ have left China, Trudeau says
Huawei CFO en route back to China
Ottawa | Reuters — Two Canadian citizens who were detained by Beijing for more than 1,000 days have left Chinese airspace and will arrive back in Canada early on Saturday, Prime Minister Justin Trudeau told reporters Friday. Michael Kovrig and Michael Spavor were picked up in December 2018, shortly after Vancouver police arrested Huawei Technologies […] Read more
Huawei executive, U.S. reach deal to dismiss charges
Meng Wanzhou would be allowed to leave Canada
Updated, Sept. 24 — Reuters — Huawei chief financial officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, U.S. prosecutors said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States. Meng was […] Read more
ICE weekly outlook: Canola waiting on fresh news
MarketsFarm — The ICE Futures canola market held rangebound during the week ended Wednesday, looking for some direction. “None of these markets are flashing any strong signals that there’s much going on… they’re waiting for fresh news and there isn’t much around right now,” said Ken Ball of PI Financial in Winnipeg. While uncertainty over […] Read more
BASF warns on seeding choices for drought-hit imi-treated fields
Steer clear of non-Clearfield canola, durum, canary seed in rotations, company says
Updated, Sept. 22 — The maker of Odyssey, Solo and Viper is warning grain growers whose fields were excessively dry in 2021 that those herbicides may not break down soon enough in those soils to allow certain seeding choices in 2022. BASF Canada on Monday issued an “urgent notice to growers” in which the company […] Read more
Don’t forget to harvest sample
Reading Time: < 1 minute Even though grain is in high demand, producers should still be taking samples of each load so they have a representative sample for each bin, says provincial crop market analyst Neil Blue. “The goal is to have a sample that has the same characteristics as the large volume of product it represents,” said Blue. “Producers […] Read more
Fertilizer prices climb sky high
You may be shocked by prices but don’t expect them to fall any time soon
Reading Time: 4 minutes A perfect storm of high commodity prices, high feedstock costs, and lower supplies has sent fertilizer prices soaring. “If you look at where prices are now from roughly a year ago, we’re up in that 25 to 30 per cent more than where we were a year ago,” said Craig Klemmer, principal economist with Farm […] Read more
Grain exports running well behind year-ago pace
Prices, low stocks keep lid on demand
MarketsFarm — Canadian grain exports are running well behind the year-ago pace through the first few weeks of the 2021-22 marketing year, as smaller supplies and high prices limit offshore demand. Total exports of all of the major grains, oilseeds and pulses as of Sept. 12 of 3.162 million tonnes are down by about 2.1 […] Read more
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