Manitoba’s sunflower crop is developing at a slower-than-average pace due to recent cooler temperatures seen across the province. “Planting was a little bit later than what we were hoping as well, so compounding the cooler weather, we’re like a week and a half, two weeks later than average,” said Mike Durand, sales and purchasing manager […] Read more
Cooler weather slows Man. sunflower development
Prairie CWRS cash bids slightly stronger
Cash bids for Canada Western red spring (CWRS) wheat across the Prairies were slightly stronger during the week ending Tuesday, while basis levels were holding steady. Average spot bids for CWRS at 13.5 per cent protein across Manitoba, Saskatchewan and Alberta on Tuesday came in at around C$247 per tonne ($6.72 per bushel) based on […] Read more
Recent price drop to increase farmer demand for potash
Farmers in North America, including Western Canada, are expected to take advantage of low potash prices and purchase more of the fertilizer this fall. Potash prices have started to decline significantly recently, following an announcement by Russian company Uralkali that it will leave a partnership and plans to sell potash independently to large buyers, such […] Read more
Cooler weather benefiting some crops in Alberta
Recent cooler temperatures seen across Alberta have been benefiting some crops in the province, a crop specialist said. Neil Whatley of the Alberta Agriculture Info Centre said canola and pea crops were able to avoid flower blasting this July, because temperatures were cooler than normal. Growing conditions have been generally favourable across the province, with most crops […] Read more
Western Canadian wheat cash bids fall along with U.S. futures
Cash bids for wheat across Western Canada moved lower during the week ended July 29, following along with the tumbling wheat futures markets in the U.S. On July 29, average spot bids for 13.5% CWRS across Manitoba, Saskatchewan, and Alberta came in at around $245 per tonne, or $6.69 per bushel, based on pricing available from […] Read more
ICE canola weekly outlook: market approaching support
Canola futures on the ICE Futures Canada trading platform moved sharply lower during the week ended July 24. The November contract broke through the key support level of C$520 per tonne during the week, and is moving its way down toward the psychological support level of $500 per tonne. On July 24, the November canola contract […] Read more
Canola cash market falling along with futures
The canola cash market has weakened recently, following along with the falling ICE Futures Canada canola market. Recent weakness in the futures market is linked to reports of generally favourable weather conditions for Western Canada’s canola crop, as well as technical based selling. Jon Driedger, market analyst with FarmLink Marketing Solutions in Winnipeg, said that in recent […] Read more
W. Cdn CWRS wheat bids down for fourth straight week
Cash bids for CWRS across western Canada moved lower for the fourth straight week during the period ended July 22, as weather conditions have been generally favourable for wheat development in North America, analysts noted. On July 22, average spot bids for 13.5% CWRS acrossManitoba, Saskatchewan, and Alberta came in at around C$255 per tonne, or […] Read more
Alberta crops on schedule to avoid fall frosts
The majority of crops in Alberta are developing at a good pace, with most areas on schedule to avoid fall frosts, according to a provincial crop specialist. Neil Whatley, crop specialist with Alberta Agriculture and Rural Development said that most of the province has received beneficial weather recently, which has helped fields develop at a […] Read more
Western Canadian CWRS wheat bids down, CPRS up
Cash wheat bids across Western Canada saw some mixed activity during the week ended July 15, with CWRS bids edging lower and CPRS prices moving higher. CWRS bids moved lower, following the Minneapolis wheat futures market while CPRS bids followed Kansas City wheat futures higher. On July 15, average spot bids for 13.5% CWRS acrossManitoba, […] Read more