Crops
CNS Canada — Farmers are starting to assess how much fertilizer they’ll use going into the fall, if at all, based on crop budgets, according to an industry analyst. Fertilizer prices are being driven by crop prices and the global market, and both those factors are keeping prices steady, said David Asbridge, president at NPK […] Read more
Fertilizer prices steady as farmers gauge fall use
Cargill opens crush plant in Camrose
Reading Time: < 1 minute Cargill has officially opened its canola-processing facility in Camrose, saying it will “place Alberta’s canola sector at a competitive advantage in the global marketplace as markets become available through the proposed Trans-Pacific Partnership” trade deal. “This plant has the capacity to process over one million tonnes of canola per year and will provide Alberta canola […] Read more
Harvest loss: An app and Top 10 tips
Reading Time: < 1 minute Here are two resources for calculating and reducing harvest loss. The Saskatchewan Soil Conservation Association has created a free app — SSCA Harvest Loss Calculator — for iPhones and iPads. The tool allows the user to enter the amount of seed in a sampling area of known size, either in weight, volume, or kernel number. […] Read more
Measuring harvest loss the first step to managing it
Save big bucks by measuring harvest waste, calculating the loss, and adjusting harvest management practices accordingly
Reading Time: 3 minutes In a drought year like this one, when every bushel counts, the last thing a producer wants to do is to leave grain on the ground. But harvest loss — to the tune of up to five bushels an acre — is a costly problem for growers across the Prairies. And more often than not, […] Read more
Loan called on Legumex’s U.S. canola crusher
Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more
ICE weekly outlook: Canola rises ahead of USDA report
CNS Canada –– ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as traders began to position themselves in anticipation of a U.S. report due out Aug. 12. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report “is certainly a factor” in the direction of canola, said Keith […] Read more
CBOT weekly outlook: Corn, soy to weaken as harvest nears
CNS Canada –– Short-term corn and soybean futures have been bouncing due to dryness in the eastern U.S. corn belt, but as crops move into harvest, prices will likely fall, according to Brian Rydlund, market analyst at CHS Hedging Inc. The corn market is primarily being moved by ethanol bidders and buyers, Rydlund said. “Export-wise, […] Read more
U.S. grains: Prices advance on crop, weather worries
Chicago | Reuters — U.S. grain and soybean futures jumped on Wednesday as concerns about poor weather hurting autumn harvests fuelled a recovery from recent losses in the markets. The U.S. Department of Agriculture, in a crop report on Aug. 12, may trim its U.S. soybean acreage and ending stocks estimates because of excessive rains […] Read more
U.S. farm, consumer groups aim to block Monsanto bid for Syngenta
Reuters — Several U.S. farm and consumer groups are working on strategies to derail a proposed tie-up of Monsanto and agricultural seeds and chemicals rival Syngenta, saying a combination of the market leaders would spell fewer and higher-priced products. Coalitions of opponents are being formed and market analyses being done, moves that underscore the hurdles […] Read more
Prairie CWRS cash bids soften, durum drops sharply
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were weaker during the week ended Friday, as U.S. futures markets plunged once again. Average CWRS wheat prices were down by C$7 to $26 per tonne over the week, with bids ranging from about $203 per tonne in the Peace region […] Read more