CNS Canada — If you’re looking to sell some of your oats, now is the time to do so, according to Ed Baldwin. “We contacted our clients and said ‘Hey, if you got oats you want to sell, price them today,’” Baldwin, manager of advisory services and grain marketing for AgChieve Grain Marketing Experts in […] Read more
Charts point toward pullback for oats
Tighter StatsCan canola crop won’t affect market, analysts say
CNS Canada — Canada’s canola production has been revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report, issued Thursday. However, two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a […] Read more
Trade, weather top of mind for 2019 acres
CNS Canada — As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said […] Read more
December StatsCan report could vary from years past
CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more
Feed weekly outlook: Corn imports set to drop
CNS Canada — The market for feed grains in Western Canada is largely flat, but could change soon, according to one commodities trader. “I don’t know if I’m bearish or bullish. I’m kind of flat right now as a trader,” said Evan Peterson of JGL Commodities in Moose Jaw. Peterson said there are still large […] Read more
Cash oats solid, acreage increase likely in 2019
CNS Canada — Recent volatility in lightly-traded Chicago Board of Trade oats futures has not been felt in the Canadian cash market, where values look solid heading through the winter months. March oats in Chicago hit a contract high of US$3.175 per bushel on Monday, but was back trading at around US$2.90 per tonne two […] Read more
Positives and negatives both loom in cereal outlook
CNS Canada — There was a mix of good and bad from two senior market analysts when it came to their outlook for cereal crops. Jonathon Driedger and Neil Townsend, both with FarmLink Marketing Solutions, gave their thoughts about the global markets for wheat, durum, feed barley and oats Wednesday at the Grain World conference […] Read more
Ceres lands tenant for Niagara-area grain elevator
A former Robin Hood flour mill repurposed as an export grain elevator in the Niagara region will devote the bulk of its capacity to a new tenant starting next summer. Minneapolis-based Ceres Global Ag Corp. announced Tuesday it has a new long-term storage and handling agreement in place with London Agricultural Commodities (LAC). The agreement […] Read more
Alberta harvest nearing completion
CNS Canada – Alberta farmers made significant harvest progress in late-October, with nearly 95 per cent of crops off the field as of Oct. 30, according to the final crop report of the season from Alberta Agriculture. On a crop-by-crop basis, spring wheat was 96.1 per cent harvested, durum 95.4 per cent, barley 95.6 per […] Read more
Prairie feed grains drying out, influx of U.S. corn continues
CNS Canada – While plenty of wheat and barley are being downgraded to feed quality in Western Canada, as harvest nears the end crops are starting to come off dry. “In general, the sunshine and weather has progressed us fairly quickly. Grain toward the end was even coming off dry, so everyone seems content that […] Read more
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