Reading Time: 4 minutes Since April 1, the western parts of the province received at least 40 mm of accumulated precipitation, while areas in the northern parts of the Peace Region, eastern parts of the North West, most parts of the Central, and eastern parts of the Southern Region have seen less than 20 mm of rain. Frost was […] Read more
Dry weather sees good seeding progress
Alberta Crop Report: Conditions as of May 21, 2019
Warm, dry weather advances seeding; crop emergence in early stages
Alberta Crop Report: Conditions as of May 14, 2019
Reading Time: 3 minutes The warm dry weather has attributed to substantial seeding progress provincially. Last week’s average on all crops was slightly above 16 per cent while this week’s numbers for major crops is 42 per cent complete, which is sizably higher than the five year average of 25. Across Alberta, 72 per cent of peas are in […] Read more
ICE weekly outlook: Canola looking for more support
MarketsFarm — ICE canola futures moved higher during the week ended Wednesday as a rally in the Chicago Board of Trade soy complex provided support. Whether there’s more room to the upside remains to be seen. “It looks like we’ve maybe turned a corner,” said Wayne Palmer, senior market analyst with Exceed Grain in Winnipeg. […] Read more
Pulse weekly outlook: Planted green, yellow peas lower prices
MarketsFarm — Green and yellow pea seeding is well underway across the Prairies, causing new-crop prices to slide marginally while spot prices hold firm. As Dale McManus, a broker with Johnston Grain at Welwyn, Sask., explained, seeded acres and new crop prices have an inverse relationship: as seeded acres rise, new crop prices fall. Producers […] Read more
ICE weekly outlook: Little for canola bids to stand on
MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg. […] Read more
U.S. grains: Weak export data drags soybeans to new lows
Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed […] Read more
ICE weekly outlook: Bearish funds keep canola pointed lower
MarketsFarm — ICE Futures canola prices fell to their lowest levels since 2014 during the week ended Wednesday, as bearish technical signals and a lack of progress on trade relations with China weighed on values. While a short-covering correction is possible, the underlying fundamentals also remain bearish. Speculators adding to their large net short positions […] Read more
Feed weekly outlook: Western Canadian market stabilizing
MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more
You can count on thousand seed weight
Seeding by weight or volume is too imprecise to give you the optimum number of plants per square foot
Reading Time: 3 minutes The message is clear: If you’re still using bushels or pounds per acre as your seeding measure, you may not only be losing yield but spending more on seed than necessary. More and more producers are adopting thousand seed weight (TSW) as their primary seeding measurement. TSW is a more precise gauge of seed size […] Read more
Feed weekly outlook: Barley bids soften as attention turns to new crop
MarketsFarm — Feed barley bids in the key cattle feeding area of southern Alberta are coming under some pressure, as attention begins to turn to the new crop. “Demand is dropping off here a little bit,” said Allen Pirness of Market Place Commodities in Lethbridge. Feedlots have extended coverage through the spring and into the […] Read more