Crops
Reading Time: 3 minutes Cattle producers in northern Alberta can make use of an income tax deferral to help them weather the 2014 drought in the Peace Country. But what they really need is a break from Mother Nature. “In 2013, the Peace Country got average rainfall,” said Valleyview producer Roland Cailliau, a Zone 9 delegate with Alberta Beef […] Read more
Drought-stricken Peace Country producers get tax break but need rain
It’s been dry, dry, dry in the Peace Country and if the rains don’t come this year, they’ll ‘be hurting big time’
Two-day course on hedging Prairie crops
Reading Time: < 1 minute Alberta Canola Producers and Alberta Wheat commissions are co-hosting a two-day course on hedging Prairie crops. Attendees will learn from experts how futures and options relate to local cash prices for western Canadian crops, and how to manage price risks for their farms. The course, created in co-operation with FarmLink Marketing Solutions, will be held […] Read more
Seasonal pressures to weigh on CBOT soybeans, corn
CNS Canada — Soybean futures at the Chicago Board of Trade (CBOT) moved lower during the week ended Wednesday and could be due for more losses, given the seasonal trends and looming South American crops. “As long as South America has no real weather problems… it will be hanging over the soybean market,” said Scott […] Read more
ICE weekly outlook: Canola spikes as loonie falls
CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S. […] Read more
U.S. grains: Corn drops from one-week high
Chicago | Reuters — U.S. corn futures slipped from a one-week high on Wednesday on ample global supplies, traders said. Soybean futures edged higher, with bargain buyers picking prices up from their lowest since October even as concerns about dry weather culling crop production in South America eased. “Despite recent talk of drier-than-normal weather across […] Read more
Manitoba to boost insurance coverage on pedigreed soybeans
Increased coverage for pedigreed soybeans is among the changes planned for Manitoba’s provincial crop insurance program for the 2015 growing season. Soybeans are expected to be the largest pedigreed seed crop in Manitoba this year, the province said in a release, and the increased coverage is expected to reflect the “additional cost” of producing the […] Read more
Grasshopper risk light in most of Western Canada
CNS Canada — Most of Western Canada is expected to see low populations of grasshoppers in 2015, although there are a few areas of concern, according to forecasts from the three provinces. Most of Manitoba has a low risk of seeing high grasshopper populations this year, according to a forecast from Manitoba Agriculture, Food and […] Read more
Crop insect forecast maps for 2015
Alberta Insect Pest Monitoring Network wants you to know what to watch for this upcoming crop year
Reading Time: < 1 minute The Alberta Insect Pest Monitoring Network has prepared its insect forecast maps for 2015. Among its usual suspects are names you’re likely familiar with. The links provided below include individual forecast maps for each insect (click on each insect name for a link to its page): Bertha armyworm Grasshopper Wheat midge Cabbage seedpod weevil Pea leaf weevil Wheat […] Read more
U.S. grains: Soy falls as export interest shifts
Chicago | Reuters –– Chicago Board of Trade soybean futures dropped to their lowest in nearly three months on Tuesday as export demand for U.S. supplies weakened ahead of what are expected to be record harvests in Brazil and Argentina, traders said. Corn and wheat futures closed firm on a round of bargain buying following […] Read more
More downside than upside for Prairie flaxseed bids
CNS Canada — Flaxseed prices remain strong in Western Canada, but that strength is relative and there are more bearish than bullish factors in the background which should weigh on values over the next few months. Spot flaxseed bids can currently be found in the $13-plus per bushel area, while new-crop is in the $11 […] Read more