CNS Canada — Manitoba winter wheat seeding is underway, but farmers are facing some complications in areas where other crops aren’t out of the ground yet. Winter wheat seeding traditionally takes place from Aug. 15 to Sept. 15. “But it’s been a bit tricky this year,” said Jake Davidson, executive director at Winter Cereals Canada. […] Read more
Manitoba’s winter wheat seeding stalled
Rain and eventually frost in store for Sask., Man.
CNS Canada — Early-September rains will likely interrupt harvest progress in Manitoba and Saskatchewan, according to a U.S. meteorologist — but producers will still likely be able to avoid frost. Field work will operate around rains that are expected to fall between Sept. 6 and 9, said Drew Lerner, president of World Weather Inc. “We’ve […] Read more
CBOT weekly outlook: Corn, soybeans bearish on economic woes
CNS Canada — CBOT (Chicago Board of Trade) corn and soybean futures have abandoned fundamental trading in favour of moving alongside macro-markets, which for the most part are bearish. “It’s not all doom and gloom, but it sure isn’t pretty right now,” said Scott Capinegro, president at Barrington Commodity Brokers. Outside influencers have been prevalent […] Read more
Large green lentil prices move up on supply concerns
CNS Canada — Price-wise, large green lentils have been outpacing their red counterparts, due to poor acreage and a general disappearance of the crop, according to an industry specialist. Delivered No. 1 large green or Laird lentils are between 38 and 47 cents per pound, according to Prairie Ag Hotwire. Those prices would bring farmers […] Read more
Canaryseed prices at standstill ahead of harvest
CNS Canada — After hitting highs in the summer, canaryseed prices have held steady, but staying at current levels is unlikely, though an industry specialist expects reduced production this year. “Demand is terrible,” said David Nobbs, general manager at Canpulse Foods and chair of the Canaryseed Development Commission of Saskatchewan. Europe has been buying “next […] Read more
Mustard prices still high heading into harvest
CNS Canada –– The mustard market has been moving steadily higher in recent months, reacting to projections for reduced yield from Statistics Canada, which could spur selling straight out of harvest, one buyer says. Mustard prices gained throughout July and August, said Walter Dyck, a buyer for Olds Products. That’s largely due to estimates from […] Read more
CBOT weekly outlook: Corn, soy to return to weather-based trading
CNS Canada — The biggest factor in Chicago Board of Trade (CBOT) corn and soybean trading has been the recent volatility in global markets. Once those concerns diminish, however, commodities will start moving with weather again — which is mostly bearish, according to one analyst. “Our markets, really, if you look at it, have fared […] Read more
Rain in Sask., Man. stalls harvest, causes crop damage
CNS Canada — Rain in Manitoba and Saskatchewan has stalled harvest and caused crop damage, but moving forward, conditions should improve, two industry specialists predict. Shannon Friesen, a regional crops specialist with Saskatchewan Agriculture in Moose Jaw, said recent rains have delayed harvest and stalled maturity in some crops. Producers have found peas and canola […] Read more
Higher-quality wheat likely in store for Prairies
CNS Canada –– Western Canadian farmers are seeing higher-quality wheat crops this year, which would help meet pent-up demand for quality within the market. However, producers might not reap the rewards as much as they would like, one market analyst warns. Wheat buyers will be looking for better-quality and higher-protein wheat, since Canada disappointed on […] Read more
Chinese demand seen eating into pork supply glut
CNS Canada –– Canadian pork producers have seen increased demand from China in recent weeks, which could boost prices in coming months. Despite turbulence in the China’s economy, an industry specialist says exports should be little affected. Pork prices are sensitive to economic change to an extent, but not as much as non-food markets, said […] Read more
Cyber-Savvy Farmer
