CNS Canada — While Statistics Canada is predicting a drop in fababean acres this year, an agronomist with Saskatchewan Pulse Growers hopes that isn’t the case. “We had about 50,000 acres for the last three years here in Saskatchewan. And we’re thinking that we’ll be maybe slightly below that,” said SPG agronomy manager Sherrilyn Phelps. […] Read more
Pulse weekly outlook: Sector hopes for more fababeans
Feed weekly outlook: For barley acres, seeding delays will tell tale
CNS Canada — After a slight delay to the start of seeding in southern Alberta, producers are out in the fields and it doesn’t yet look like they have seeded more shorter-season acres, such as in feed barley. “Southern Alberta is a little bit later than normal (for starting seeding). But most areas, they’re kind […] Read more
ICE weekly outlook: Canola ‘stuck in neutral’
CNS Canada — ICE Futures Canada canola contracts are lacking any clear direction at the beginning of May, and may stay rangebound through the seeding period. “Canola is stuck in neutral,” said Wayne Palmer, senior market analyst with Agri-Trend Marketing. “We’re at that stage where it’s rangebound, waiting for news, and watching the weather across […] Read more
Pulse weekly outlook: Saskatchewan acreage ideas hold firm
CNS Canada — Disruptions in marketing to India may have cut into prices for peas and lentils over the past year, but farmers in Saskatchewan did not shift their pulse acreage intentions for 2018 all that much according to the results of Statistics Canada’s latest survey, released Friday. Saskatchewan farmers intend to seed 2.171 million […] Read more
Grain trade skeptical of StatsCan’s acreage outlook
CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken […] Read more
Extended winter could lead to more Prairie oat acres
CNS Canada — With winter still hanging on across Western Canada, one buyer thinks it could lead to an uptick in oat acres. “Later seeding generally increases oat acres. We’d rather see them seeded earlier but farmers have had a tendency when things get late (to) throw some more acres into oats,” said Scott Shiels […] Read more
Producers lose transparency with end of weekly crush report
CNS Canada — Canada’s grains industry found itself shocked when the Canadian Oilseed Processors Association (COPA) announced Friday it would stop publishing its weekly report on member crushings. “I loved that report. In Western Canada, or Canada in general, I think any reports that give you kind of a weekly snapshot of what’s happening in […] Read more
Canadian canola stocks jump
CNS Canada — Stocks of Canadian canola have increased substantially, according to the latest estimate from Statistics Canada. Total stocks of oats, lentils and peas also rose, but not by as much as canola. StatsCan on Monday pegged canola stocks, as of Dec. 31, 2017 at 14.15 million tonnes, up from the 2016 total of […] Read more
ICE weekly outlook: Sideways canola seeks spark
CNS Canada — ICE Futures Canada canola contracts remain stuck within a sideways trading range awaiting a spark that would push values one way or the other. “We could have had this conversation two months ago… canola is refusing to budge from a range,” analyst Mike Jubinville of ProFarmer Canada said of the lack of […] Read more
Canadians spent $5.7 billion on cannabis in 2017
Ottawa | Reuters — Canadians spent an estimated $5.7 billion on cannabis in 2017, Statistics Canada said on Thursday, with the country on track to legalize recreational use of the drug nationwide later this year. About 4.9 million Canadians between the ages of 15 to 64 purchased both medical and non-medical cannabis last year, the […] Read more
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