MarketsFarm – Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned Canada Prairie Spring Red (CPSR) […] Read more
CWRS bids edge lower with Minneapolis futures, CPSR up
Alberta producers battle for harvest progress
Alberta Crop Report: Conditions as of October 29
Reading Time: 3 minutes One more week of harvesting between weather events, and another blast of winter this past weekend brought snow or rain to many areas in the west and north halting operations yet again. The strong winds that accompanied the cold front have scattered canola swaths and blown snow into and over top of swaths still left […] Read more
Western Canadian wheat bids mixed as loonie retreats from highs
MarketsFarm – Wheat bids in Western Canada were mixed for the week ended Oct. 31. Canadian Western Red Spring Wheat (CWRS) was lower, while Canada Prairie Red Spring (CPRS) was steady to lower. Canadian Western Amber Durum (CWAD) was steady to higher. The Canadian dollar dropped almost a half cent from three-month highs to hover […] Read more
Western Canadian wheat bids mostly lower
Wheat bids in Western Canada were mostly lower for the week ended October 24. Losses were observed in Canadian Western Red Spring Wheat (CWRS) and Canadian Red Spring (CPSR), with Canadian Western Amber Durum (CWAD) staying steady to slightly lower. Average CWRS (13.5 per cent) wheat prices were down by C$7 to C$8 per tonne, […] Read more
Weather plays nice to see Alberta harvest pick up pace
Alberta Crop Report: Conditions as of October 22
Reading Time: 5 minutes Significant momentum was made in some areas getting crop in the bin this past week, with the provincial average currently estimated at 74 per cent of all crops combined. This jump is primarily attributed to Central, North East and North West regions where 26, 16 and 13 per cent respectively of Major Crop* acres were […] Read more
U.S. grains: Harvest pace drags on corn, soybeans
Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest […] Read more
U.S. grains: Soybeans firm on Chinese trade prospects
Chicago | Reuters — U.S. soybean futures firmed on Tuesday on hopes of fresh export sales to China after Beijing gave major crushers waivers to import U.S. soybeans without retaliatory tariffs. Futures, however, drifted from early highs as new export deals failed to materialize and as farmers took advantage of the price spike to sell […] Read more
Manitoba beef sector faces tight feed situation
MarketsFarm — An early snowstorm may have been the last straw for Manitoba livestock producers looking to put up feed ahead of winter. While the foot or more of heavy snow that blanketed much of the province over the Thanksgiving weekend has melted, saturated fields continue to limit corn silage harvests and hay cutting. “Feed […] Read more
U.S. grains: Wheat eases in profit-taking setback
Chicago | Reuters — U.S. wheat futures declined on Monday on profit taking after three sessions of gains, on concerns about weather-reduced Southern Hemisphere crops that had lifted the market to multi-month highs. Soybeans were mixed amid worries about reduced yields and late harvesting, while corn drifted lower on dull demand. Both markets remained in […] Read more
Wet weather continues, stalling Alberta harvest further
Alberta Crop Report: Conditions as of October 15
Reading Time: 5 minutes Wet weather along with below normal temperatures have been the dominant pattern in Alberta over the past couple of weeks. During the long weekend, large areas in the North East and North West Regions received between 10 to 15 mm of precipitation in the form of either rain or rain and snow mix. For the […] Read more
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