Cash prices for spring wheat and durum across the Canadian Prairies were mixed during the week ended Sept. 11.
Prairie Wheat Weekly: Prices mixed
Feed Grain Weekly: Barley, wheat swinging upward
Prices for feed grains on the Canadian Prairies have “started to rebound a little bit,” said Matt Beusekom, trader with Market Place Commodities in Lethbridge.
CBOT Weekly: Little change expected from USDA
Only minor changes to the grain and oilseed balance sheets are expected in the Sept. 12 supply and demand report from the United States Department of Agriculture, said an analyst.
Pulse Weekly: Talk arises of India ending duty-free period
With harvest underway across the Canadian Prairies rumblings has been felt from the other side of the world, specifically in regards yellow peas. There have been recent media reports stating the Indian government is under growing domestic pressure to end its duty-free period on yellow pea imports.
StatCan stocks report sees drops in canola, wheat
Ending stocks of canola and wheat contracted significantly on the year, Statistics Canada said in its grains stocks report released on Sept. 9.
Canola groups disappointed in Carney’s plan to help growers, biofuel
‘Farmers should not be expected to borrow’
Two national canola organizations said they’re not pleased with the federal government’s announcement on helping canola growers and the biofuel industry. The Canola Council of Canada and the Canadian Canola Growers Association expressed their disappointment in a Sept. 5 news release.
Good weather for Alberta harvest
Heat, dryness take a toll on moisture levels
With hot and dry conditions the Alberta harvest is now in full swing, advancing 14 points to 22 per cent complete, the provincial agriculture department reported on Sept. 5. Combining was one point up compared to its five-average.
Saskatchewan harvest advances, but behind five-year pace
Lack of rain spurs progress
Saskatchewan farmers advanced their harvest 11 points during the week ended Sept. 1, bringing it to 23 per cent complete. However, that’s still 17 points behind the five-year average despite dry conditions throughout most of the province.
ICE Canada Weekly: Canola looking at C$580
‘Lack of bullishness’ says trader
Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
Feed Grains Weekly: Price likely to keep stepping back
Expected to drop passed last year’s lows
As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.
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