CNS Canada –– Canola growes in Western Canada will have to keep an eye out for cabbage seedpod weevils in fields this year, according to government officials. “For cabbage seedpod weevil, the survey from last year was showing that it’s extended well eastwards (in Saskatchewan) with some pretty good numbers now moving more into traditional […] Read more
Cabbage seedpod weevil could cause problems for Prairie canola
Pests likely to survive Manitoba winter
CNS Canada –– Sufficient snow cover will likely help insect crop pests survive the winter in Manitoba, despite a recent bout of extremely cold weather. “Snow is a great insulator, so even though we have had some quite cool temperatures the last several weeks, where the insects are beneath the snow it’s actually nice and […] Read more
CBOT soy seen weakening as soon as Brazil’s logistics improve
CNS Canada — Chicago Board of Trade (CBOT) soybean futures moved higher during the week ended Wednesday, as continued good export demand for U.S. soybeans was bullish. Brazil’s slower than normal harvest pace and its logistics problems related to a trucker strike both led to strong export demand for the U.S. As soon as those […] Read more
Canada’s share of malt barley market shrinking
Winnipeg | CNS Canada –– Canada has historically been one of the world’s top malt barley exporters, but its share of the global market is shrinking, Cargill Malt’s Lorelle Selinger told the Wild Oats Grainworld conference. A poor-quality crop produced in Canada in 2014-15 is one reason importers have started sourcing their malt supplies from […] Read more
‘Extreme’ volatility expected in wheat markets this spring
Winnipeg | CNS Canada — Canadian and U.S. wheat markets are likely going to experience some “extreme” volatility this spring, Lawrence Yakielashek of FarmLink Marketing Solutions told the Wild Oats Grainworld Conference. “The spring months are when the firecrackers are going to start to hit the match,” he added. He predicted there would be a […] Read more
Global durum crops in good shape, for now
Winnipeg | CNS Canada — Since North America and Australia both produced poor-quality durum crops in 2014-15, all eyes are on Mexico, the U.S. desert, Europe and North Africa to come up with some higher-quality product. And so far, most crops in those areas look fairly good, Alan Hegemeier, a merchandiser with CHS Inc., said […] Read more
Prairie wheat acres seen dropping six per cent in 2015
Winnipeg | CNS Canada — Canadian wheat acreage, excluding durum, is expected to drop six per cent, to 17.9 million acres, for the 2015-16 crop year, Agri-Trend Group CEO Robert Saik told the Wild Oats Grainworld conference in Winnipeg. Wheat acres are expected to fall as current returns are at the breakeven level, and the […] Read more
ICE weekly outlook: Canola reaching its upper range
CNS Canada — The ICE Futures Canada canola market moved higher during the week ended Wednesday, taking some direction from advances seen in Chicago soybean futures. But the market seems to be moving into its upper range and could be vulnerable to a downward correction going forward, according to Ken Ball of PI Financial in […] Read more
CBOT weekly outlook: Strength in corn, beans to be short-lived
CNS Canada — Corn and soybean futures on the Chicago Board of Trade ended mostly higher during the week ended Wednesday; soybean futures saw slight gains, while advances in corn were more exaggerated. A sharp rally Tuesday lifted both markets to end higher for the week, with speculative short covering amid temporary U.S. dollar weakness […] Read more
Canada’s large canola stocks top expectations
CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number […] Read more
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