CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more
Farmland values rise, but interest rates curb market
Trade predicts fewer pulse acres, another canola record
CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more
Pulse weekly outlook: Monsoon outlook bearish for Canadian crop
CNS Canada — India is forecasting an average monsoon rainfall this year, making the chance of India importing Canadian pulse crops slim. “Given the tariff scheme and the protectionist attitudes India has displayed this year, I think it will take a major weather influence to hurry up the correction to (imports),” said Marlene Boersch, managing […] Read more
The numbers are in and, baby, it was cold this winter
A cold snap that started in February and continued through March made for a long and chilly winter
Reading Time: 3 minutes Yet another month has come and gone, and for most of us across the Prairies, March 2018 was not one we really care to remember. After a warm start to 2018 that saw January temperatures averaging from 1 C to 3 C above the long-term average across all three Prairie provinces, cold weather moved in […] Read more
Klassen: Feeder market stabilizes
Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Stronger export demand appears to be supporting the market in Manitoba and certain pockets in Saskatchewan; however, Alberta feedlot interest remains subdued. Adverse weather continues to plague southern Alberta. Snow and freezing temperatures followed by brief melting periods have resulted in very poor […] Read more
Normal monsoon season expected for India
Reading Time: < 1 minute The India Meteorological Department is suggesting this year’s monsoon season will be average, the Times of India reports. The newspaper points to a recent weather bulletin from the agency saying El Niño won’t be a factor during the summer rainy season. The weather pattern — an abnormal warming of the ocean surface in central and […] Read more
U.S. grains: Wheat futures drop as weather improves
Chicago | Reuters — U.S. wheat futures fell to their lowest in 10 days on Monday, led by a 3.4 per cent drop in K.C. hard red winter wheat prices, on forecasts for rain in key growing areas that will provide relief to a drought-stressed crop, traders said. “Wheat prices are lower, with longs running […] 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
Bezte: What the weather forecasters predict for this spring
As usual, you wouldn’t want to bet the farm on these predictions but it’s always fun to see who comes closest
Reading Time: 3 minutes By an overwhelming amount, the No. 1 question I’ve had over the last couple of weeks is what will the spring be like? While I usually wait until the end of the month to do the look-ahead forecast, I will use this article to go through each of the medium- and long-range forecasts to see what they […] Read more
Prairie winter wheat conditions uncertain
CNS Canada — While it’s too early to assess how the western Canada winter wheat crop fared this winter, there is some uncertainty due to unseasonably cold April temperatures. “We start losing cold tolerance, especially in March and going into April now. And that’s when you need to monitor temperatures or for (the crop) to […] Read more