Reading Time: 2 minutes Confused about the price spread for crops between delivery months? Sometimes the spread between future month prices for crops with a futures market is particularly noticeable. The amount of carrying charge is a measure of what the market is paying to store the crop from one period to the next, said provincial crop market analyst […] Read more
Want to get paid for storing grain?
Taking advantage of a strong carrying charge market can make you some money, says market analyst
Pulse weekly outlook: Nothing new in India
Very little has changed for Canadian pulses in terms of exports to India, according to an analyst. Meanwhile, Canadian stocks of dry field peas and lentils are still relatively large, according to Statistics Canada. India in 2017 imposed import duties to protect its domestic pulse industry and is rumoured to be solidifying those duties, according […] Read more
StatsCan canola stocks numbers point to big carryout
As two analysts looked at Statistics Canada’s latest report on total stocks of principal field crops, they immediately zeroed in on canola. Statistics Canada’s report, released Tuesday, shows canola stocks as of Dec. 31, 2018 were at 14.553 million tonnes, up 4.9 per cent from year-earlier levels, “The numbers are sort of in line with […] Read more
Viterra offers up 24/7 online grain contracting
Prairie grain growers doing business with Glencore Agriculture’s Viterra arm can now create their own grain contracts with the company anytime online. In what it describes as the “first and only full range” of online contracting options for farmers in Western Canada, Viterra launched its new system on its myViterra platform in December. A Prairie […] Read more
Unregistered peas, lentils to be demoted
Any unregistered varieties of lentils or peas harvested in Canada this fall or later will be graded No. 3 Canada at best. The Canadian Grain Commission on Wednesday announced only registered varieties of peas and lentils will be eligible for the No. 1 Canada grade effective Aug. 1 this year. Deliveries of registered and unregistered […] Read more
CP books higher Q4 grain revenue on reduced handle
Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on Jan. 23 reported overall net income of $545 million on $2.006 billion in revenues for its fourth quarter ending Dec. 31, down from $984 million […] Read more
Pulse weekly outlook: Chickpea area to drop back to ‘normal’
Canadian chickpea acres are expected to return to more normal levels in 2019, after a sizeable jump in 2018. However, while prices are off the highs that drove 2018 seeding intentions, they still could have some room to the upside over the next few months. After seeding 442,900 acres of chickpeas in 2018, Canadian farmers […] Read more
Protein supercluster to launch this spring
Protein Industries Canada will soon be actively seeking proposals
Reading Time: 4 minutes A government-backed bid to turn Western Canada into a plant protein superpower is nearing the end of its startup phase and will launch this spring. “We’re hoping to be open for business and ready to launch a call for proposals in April,” said Bill Greuel, CEO of Protein Industries Canada. The federal government is contributing […] Read more
USDA extends deadline for aid after shutdown
Washington | Reuters — U.S. farmers now have until Feb. 14 to apply for federal aid designed to offset the impact of retaliatory Chinese tariffs on American crops, the U.S. Department of Agriculture said on Monday, after delays caused by the month-long government shutdown. The previous deadline for the aid program, officially known as the […] Read more
If this is the future, it can’t come soon enough
Unless you love writing cheques for inputs, you’ll want to cheer on the work of these three scientists
Reading Time: 7 minutes Grow more with less — that’s the goal of three Alberta researchers whose work could revolutionize the way we grow cereals. “Canadian agriculture will be facing quite high demand for food production because of the growing global population and reduction in arable land,” said federal research biologist Alicja Ziemienowicz. “We’re trying to give you the […] Read more
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