CNS Canada — An increase in Canadian lentil acreage this year comes as a blessing in disguise as wet conditions threaten some crops, worrying producers. Farmers in parts of the Prairies increased lentil seedings by 48 per cent, covering a record 5.8 million acres this year, according to Statistics Canada. While the increase in lentils […] Read more
Wet weather threatens record lentil crops
Crops conditions mostly good, precipitation ranging excessive to dry
Alberta crop conditions as of June 28
Reading Time: 2 minutes June saw highly variable amounts of precipitation fall in the province from near excessive amounts of 150-250 per cent of normal in the Peace region, to above average quantities of 100-200 per cent in the North West, to below average of 50-100 per cent in the North East, and dry conditions to the Central and […] Read more
Guenther: Farmers aim to keep pulse diseases in check
Rain makes grain, the saying goes — but too much spring rain and farmers are likely to see disease in pulses. That’s certainly been the case in Saskatchewan, where farmers in most regions are actively scouting for, or in some cases spraying for, crop diseases, according to the provincial crop report. So which leaf diseases […] Read more
More canola and pulses, less wheat expected in Canada
CNS Canada — Canadian farmers likely seeded more canola and pulse acres than originally thought this spring, but less wheat, according to average trade estimates ahead of Statistics Canada’s next official survey results due out June 29. Poor returns per acre and frustrations over grading issues had some farmers backing away on wheat, said Jerry […] Read more
‘Veil of uncertainty’ shrouds Churchill’s shipping season
CNS Canada — Manitoba’s Port of Churchill is facing an uncertain grain shipping season, as ownership of the Hudson Bay facility is still up in the air, months after owner OmniTrax announced plans to sell the port and the railway that serves it. Denver-based OmniTrax announced in late 2015 it had accepted a letter of […] Read more
More pulse acres expected to affect handling dynamics
CNS Canada –– Canadian grain handlers are curious how dynamics and timing in the rail freight sector will be managed in the upcoming season, given an expected boost in pulse crop production . For the moment, however, Prairie grain movement has dropped to seasonal lows. This year’s pulse area will likely be the largest on record, according to early estimates […] Read more
China’s COFCO Agri hiring grain traders, opening Winnipeg office
Winnipeg | Reuters –– Chinese state-owned agricultural trader COFCO Agri is opening a trading office in the Canadian grain hub of Winnipeg, adding to the aggressive expansion of its North American agriculture business. COFCO Agri is hiring three grain traders and an operations manager to expand export and domestic trading, according to the company’s postings […] Read more
Lentils move lower as production anticipation grows
CNS Canada — As negative features continue to mount in Canada’s lentil market, prices are following the tried-and true phrase, ‘What goes up must come down.’ Lentil prices skyrocketed ahead of this year’s growing season, but now the market is starting to trend lower. “This isn’t a disaster; it’s just that gravity is pulling it […] Read more
Cool conditions see slow emergence, seeding nears completion
Alberta crop conditions as of May 31
Reading Time: < 1 minute Cool conditions prevailed over the week. Precipitation was reported in all regions in the amount of 10 – 20 mm with the North East Region receiving between 30 – 50 mm. Seeding progress is nearing completion at 97 per cent seeded compared to last year at 99 per cent, the 5 year average of 96 […] Read more
Hedge fund urges organics firm SunOpta to sell itself
Reuters — Hedge fund Tourbillon Capital Partners is urging Canadian organic food firm SunOpta Inc. to sell itself to a bigger rival, according to a letter sent to the company on Friday. Mississauga, Ont.-based SunOpta’s share price jumped 26 per cent after the US$4 billion hedge fund asked it to hire an investment bank to […] Read more
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