The acreage update coming from Statistics Canada early Thursday is expected to show a decline in seeded area in comparison to the projections for the period ended March 31. The federal statistics agency’s numbers are seen as providing at least a base in which to backtrack seeding intentions which were negatively impacted by excessive precipitation […] Read more
Acreage base expected smaller than StatsCan update
Canola, Barley Seen Gaining On Tight Supplies
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform suffered a minor price setback during the week ended June 10. The taking of profits by speculative accounts after new highs were established in the July and November contracts provided some of the downward price momentum. Adding to the bearish price atmosphere in canola were the […] Read more
Seeding virtually complete in Alberta: AARD
Seeding operations in Alberta are generally complete with the only exceptions in the south, where less than five per cent of the intended crop still needs to be put into the ground, according to a provincial crop specialist. “That area has been extremely wet and has prevented producers from seeding the last of the crops,” […] Read more
Slow crop start limits frost damage on Prairies
The late start to seeding on Canada’s Prairies, along with slow germination of early-seeded crops, prevented any significant damage occurring from frost over the past couple of nights. Temperatures in Western Canada dropped to as low as -4 to -5 C overnight Monday in select areas and fell to -1 to -2 C overnight Tuesday […] Read more
Feed barley bids slowly trending up
Cash bids for feed barley in Western Canada have been holding fairly steady but also have slowly been trending to stronger territory as feedlots look to cover needs. “Bids for barley have slowly been moving up, especially after stocks of the commodity were shown to be at a tighter-than-anticipated level in the StatsCan stocks report […] Read more
ICE planning spring wheat, durum futures contracts
ICE Futures Canada is preparing to offer separate spring wheat and durum futures contracts if the federal government follows through with its plan to end the Canadian Wheat Board’s monopoly on the marketing of those commodities. “We would be remiss in our duty if preparations were not in place for this potential inevitability,” ICE Futures […] Read more
Good seeding progress seen in Alta.
Favourable weather conditions have allowed producers to make significant seeding progress throughout Alberta, according to a provincial crop specialist. “Depending on the region, seeding operations range anywhere from 30 per cent complete to as much as 85 per cent done,” said Neil Whatley of Alberta Agriculture and Rural Development’s Ag-Info Centre at Stettler. The planting […] Read more
Eastern Prairies racing to seed acres
Producers in the eastern regions of Canada’s Prairies are hoping to get seed in the ground where possible before more precipitation events hit the region. Drier weather in select areas of eastern Saskatchewan and southern Manitoba have allowed producers to begin seeding operations, but those operations may be temporary, said Drew Lerner, a meteorologist with […] Read more
Canola Industry’s Eyes Are On The Calendar
Reading Time: 3 minutes Canola futures on the ICE Futures Canada trading platform declined during the week ended April 29. Outright liquidation by speculative and commodity fund accounts fuelled the downward price slide. The losses were exaggerated by the triggering of sell-stop orders on the way down. Losses in CBOT (Chicago Board of Trade) soyoil and newcrop CBOT soybean […] Read more
Weather expert sees limited Prairie seeding opportunities
The window of opportunity for seeding operations in Western Canada is likely to be limited, particularly in the eastern regions of Saskatchewan and much of Manitoba, according to weather outlooks looking at the next 30 days. “There is definitely going to be a bias to wet and cooler weather conditions over the next couple of […] Read more
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