As two analysts looked at Statistics Canada’s latest report on total stocks of principal field crops, they immediately zeroed in on canola. Statistics Canada’s report, released Tuesday, shows canola stocks as of Dec. 31, 2018 were at 14.553 million tonnes, up 4.9 per cent from year-earlier levels, “The numbers are sort of in line with […] Read more
StatsCan canola stocks numbers point to big carryout
Glyphosate raises milling questions
There’s more to the controversy surrounding glyphosate than whether the herbicide is safe to use or not: one miller has said it found oats and other grains treated with pre-harvest glyphosate don’t mill as well as untreated grains. Since 2015, Grain Millers Inc. has had a glyphosate-free policy on oats, said Eric Deblieck, a crop […] Read more
Charts point toward pullback for oats
CNS Canada — If you’re looking to sell some of your oats, now is the time to do so, according to Ed Baldwin. “We contacted our clients and said ‘Hey, if you got oats you want to sell, price them today,’” Baldwin, manager of advisory services and grain marketing for AgChieve Grain Marketing Experts in […] Read more
Cash oats solid, acreage increase likely in 2019
CNS Canada — Recent volatility in lightly-traded Chicago Board of Trade oats futures has not been felt in the Canadian cash market, where values look solid heading through the winter months. March oats in Chicago hit a contract high of US$3.175 per bushel on Monday, but was back trading at around US$2.90 per tonne two […] Read more
Positives and negatives both loom in cereal outlook
CNS Canada — There was a mix of good and bad from two senior market analysts when it came to their outlook for cereal crops. Jonathon Driedger and Neil Townsend, both with FarmLink Marketing Solutions, gave their thoughts about the global markets for wheat, durum, feed barley and oats Wednesday at the Grain World conference […] Read more
Feed weekly outlook: Grains flood Alberta market
CNS Canada — Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up… right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader […] Read more
Millers likely to see tighter oat supplies
CNS Canada — Oat prices are on the rise as millers attempt to secure supplies amid a difficult harvest. “As of right now, it will be tight for everybody. The thing is there’s so much still to be harvested. If they get it off it might not be the best. Some of it will be […] Read more
StatsCan’s canola forecast deemed supportive
CNS Canada — A summer of dryness and sizzling heat has apparently taken its toll on canola plants in many areas of Western Canada, according to the latest crop production estimate from Statistics Canada. In a survey compiled in the latter days of July and released Friday, Statistics Canada pegged canola production for 2018-19 at […] Read more
World’s oldest bread found at prehistoric site in Jordan
Washington | Reuters — Charred remains of a flatbread baked about 14,500 years ago in a stone fireplace at a site in northeastern Jordan have given researchers a delectable surprise: people began making bread, a vital staple food, millennia before they developed agriculture. No matter how you slice it, the discovery detailed on Monday shows […] Read more
Ample supply keeps oats under pressure
CNS Canada — Canadian oat crops are in reasonably good shape following recent rains, though prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the 3.2 million seeded the previous […] Read more