CNS Canada — As Canadian farmers start thinking about what to plant next spring, global trade patterns and weather will play into decision making. “It’s very difficult to decide where this all is going. That obviously also has implications on where the futures prices go and what signals the farmers are taking from that,” said […] Read more
Trade, weather top of mind for 2019 acres
Early winter wheat seeding estimates see reduced acreage
CNS Canada — Firm numbers for winter wheat seeding on the Prairies are not yet available, but there are firm opinions about how it went. “It’s very difficult to seed winter wheat on land that still has a crop on it,” said Monica Klaas, a contract agronomist for Ducks Unlimited’s Western Winter Wheat Initiative based […] Read more
Canola prices vulnerable after StatsCan report
CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more
Seeding 99 per cent complete, soil moisture conditions improve
Alberta crop conditions as of June 5, 2018
Reading Time: < 1 minute Last week just about all agriculture lands across the province received decent rain, with most areas receiving over 10mm. Three major areas received over 20 mm including western Peace, the land base along the Saskatchewan border stretching from Cold Lake down to the U.S. border and a large area west of highway 2 between Edson […] Read more
Dry weather offers a break for late seeding efforts
Alberta crop conditions as of May 29, 2018
Reading Time: < 1 minute Dry weather conditions helped producers catch up with late seeding and contributed to quick germination and emergence. Recent hot and windy weather lead to the increased drying of both surface soil moisture and sub-surface soil moisture. The forecasted cooler temperatures and scattered showers throughout the province are anticipated to aid overall crop growing conditions. Provincially, […] Read more
Flea beetles take advantage of late seeding
CNS Canada — A heat wave in late May and a slow start to the planting season have created some ideal conditions for flea beetles. Pest specialists in Saskatchewan and Manitoba say farmers have already begun to spray for the beetle in certain locations. “They’ve been getting good conditions to feed under, they like it […] Read more
ICE weekly outlook: Seasonals to weigh on canola
CNS Canada — ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on values. “Seasonally speaking, we’re in the neighborhood where canola makes the turn down,” said Mike Jubinville of ProFarmer Canada, noting canola typically sees some softness […] Read more
Seeding makes good progress, surface soil moisture levels declining
Alberta crop conditions as of May 22, 2018
Reading Time: < 1 minute Warm and dry weather over the past week provided favourable conditions for seeding operations in most of the province. Provincially, seeding progress has increased 30 per cent from a week ago, to 67 per cent complete, compared to the 5-year average (2013-2017) of 83 per cent. Regionally, seeding progress is most advanced in the Southern […] Read more
ICE weekly outlook: Weather, U.S./China relations influence canola
CNS Canada — Traders’ attention at the ICE Futures Canada canola market has now turned to western Canadian weather and news south of the border. While there was a reprieve from the drought over the last week, with rain falling in parts of Western Canada, large areas missed out on the moisture. More rain is […] Read more
Thirty-eight per cent of crops seeded, soil moisture varies
Alberta crop conditions as of May 15, 2018
Reading Time: 2 minutes In the first half of May, temperatures have been the warmest since 1961 in most parts of the province and most areas received less than 10 mm of moisture. This has provided the ideal weather for quick ground thaw and allowed for seeding operations to be in full swing across the province. Provincially, as of […] Read more