CNS Canada — Despite an upward revision of nearly a million tonnes in Statistics Canada’s latest report, most analysts expect canola production will keep climbing further. StatsCan on Friday morning released its updated grain/oilseed production estimates, with data collected through surveys taken between Sept. 3 and 13. Canola production numbers came in at 14.3 million […] Read more
StatsCan comes in at low end of expectations for canola
Next StatsCan survey expected to show larger canola, wheat crops
CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent reports. “As the harvest is […] Read more
Prairie pea yields appear lower in early harvest
CNS Canada — Western Canada’s pea harvest has begun and yields appear to be down, according to a crop management specialist with Saskatchewan Agriculture. “Once farmers cut into the peas they began finding yields maybe half of what they typically expected,” said Shannon Friesen. Excess dryness in the early summer seems to have taken its […] Read more
Early Sask. lentil, pea harvests likely to support prices
CNS Canada –– Saskatchewan’s dryness could likely mean an earlier harvest and smaller yield for pea and lentil crops this year, according to a regional crop specialist. That means new-crop prices will be supported, said Chuck Penner, president at LeftField Commodity Research. Old crops are disappearing, he said, and the market will become active as […] Read more
Pea growers mull contract opportunities despite dry fields
CNS Canada –– The lack of rain in Western Canada is causing a few headaches for pea farmers, who don’t have a crop to call their own yet, but face Asian customers eager to get their hands on fresh supplies. While rain is on the wish list of most growers on the Prairies, the pea […] Read more
Sask. producer car loader firm owners approve AGT bid
Shareholders in a western Saskatchewan producer car loading firm have approved a deal to sell their loading sites to Regina pulse processor AGT Food and Ingredients for $22 million. AGT announced Tuesday it has completed its deal, announced in April, to buy the bulk loading assets from Eston, Sask.-based West Central Road and Rail. The […] Read more
Strong new-crop prices could entice more pea, lentil area
CNS Canada — Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released last week. “You have to look at the timing of when the survey was done for the StatsCan report. Of course there’s a bit of […] Read more
Pea growers weigh demand opportunities against root rot
CNS Canada — Pea acreage in Western Canada could rise by five to 10 per cent this year, according to one industry expert, who notes root rot threatens to curtail that projection. Demand from India, China and Bangladesh is strong and that means total pea area could hit four million acres, said Carl Potts, executive […] Read more
Low stocks-to-use ratio to keep pea bids well supported
Winnipeg | CNS Canada — Canadian pea exports have been running at a very solid pace during the 2014-15 crop year to date, but supplies are seen to be running out and the market will need to work to ration demand over the later portion of the marketing year. Canadian peas have been leaving the […] Read more
Peas back at historical spreads in Western Canada
CNS Canada — After two years of an abnormally large price spread between green and yellow peas in Western Canada, the relationship between the two crops is nearer normal levels. The yellow pea market has moved up a little in recent weeks, but the green market “is not that interesting,” said David Newman of Commodius […] Read more
Cyber-Savvy Farmer
