Canadian lentil values are expected to continue their downward price slide in the new year, with demand slipping and ample global supply weighing on values. "It’s less then flat, it’s going down" said Allan Wagner, managing director of Prairie Pulse Inc. at Vanscoy, Sask., on the price of Canadian lentils in the market. Much of […] Read more
Lentil market to trend down in 2012
Canadian feed advantage over U.S. narrows
Canada has lost its feed advantage with the U.S., as declining U.S. corn prices and an upward trend in western Canadian barley values over the past couple of months have caused the cost of gain in the two countries to narrow in. Anne Dunford, a marketing specialist with Gateway Livestock Exchange at Taber, Alta., said […] Read more
Biodiesel plants seen as boon for Alberta
Canada’s biodiesel industry is about to get a boost with two new plants scheduled to be built in Alberta, and that’s seen as translating to good news for farmers seeking to diversify their revenue. Lynn Jacobson, vice-president of Alberta’s Wild Rose Agricultural Producers (WRAP), said the announcement of Michigan-based The Power Alternative (TPA) and a […] Read more
Fuel relief for farmers, truckers seen coming soon
Production increases and the re-opening of the Suncor refinery plant in Edmonton may soon provide relief from the headaches Western Canada’s diesel shortage have given farmers and truckers in recent weeks. Ted Stoner, vice-president of the western Canadian division of the Canadian Petroleum Products Institute, said problems with western Canadian diesel supply started in October. […] Read more
High chickpea prices seen ending in 2012
Don’t expect Prairie chickpea prices to climb any further before the end of 2011 from their current level. In fact, values will start to fade beginning in early 2012, according to an industry participant. "We are at the high point as we move through the Christmas period," said Darren Lemieux of Simpson Seeds at Moose […] Read more
Fertilizer prices higher, but relief may come
Fertilizer prices across Western Canada are considerably higher than earlier this year, but some price relief may be on the way. "Fertilizer prices have really stayed high all through the season," said Doug Chorney, president of Manitoba farmer group Keystone Agricultural Producers. Prices over the past 12 months in Manitoba have increased for some nitrogen […] Read more
Lentil market looking bleak
A lack of demand in western Canadian lentils, poor quality and farmers wanting higher crop prices are all contributing to a dim market outlook for the commodity, according to one industry participant. “Farmers want the moon, they’re not going to get the moon, so there’s not much going on,” said Allan Wagner, managing director at […] Read more
Tight canaryseed supply may not meet demand
Despite issues with Canada’s largest canaryseed customer, the small supply of canaryseed this year may not be able to meet other world exports, an industry official reports. “There’s a whole lot of stuff going on with different facets people are trying to sort out,” said Kevin Hursh, executive director of the Canaryseed Development Commission of […] Read more
Risk of frost midweek for Prairies, damage unlikely
Colder temperatures are bringing the risk of frost in Western Canada from Sept. 13 to 15, according to Environment Canada, although an agronomist predicts severe damage to crops is unlikely. A northern cold front, swooping into the Prairies, is expected to increase the chances of frost over the next few days. Natalie Hasell, a warning […] Read more