Reading Time: < 1 minute MarketsFarm – As the harvest approaches, the yield potential for feed grains in Alberta may depend on where they are grown, according to Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta. “From what I hear, it’s going to be a bit lower (than average), (but) I think it’s going to be a […] Read more
Feed weekly outlook: Prices to decline in September
Pulse weekly outlook: Harvesting begins for Alberta pulses
Reading Time: 2 minutes MarketsFarm – After a hot and dry summer which scorched all of Western Canada, pulses are ready to come off the fields in Alberta. “The south is going pretty strong. South of Calgary is already pretty much done on peas. Quite a bit of lentils would be done already, too,” said Alberta Pulse Growers chair […] Read more
CBOT weekly outlook: USDA forecast depends on ‘a lot of moving parts’
Reading Time: 2 minutes MarketsFarm – Analysts are finding the United States Department of Agriculture’s (USDA) 2021-22 monthly crop estimates, which will be released on Aug. 12, to be very hard to predict. “It seems to me that the range for corn guesses are way, way wider than what we’re getting for new crop beans,” said Sean Lusk, vice-president […] Read more
Feed weekly outlook: DDGs becoming another feed option
Reading Time: 2 minutes MarketsFarm – As traditional feed grains such as barley and wheat become more expensive due to persistent drought-like conditions in the Prairies, many feedlots are using alternative sources of feed for their animals. Dried distillers grains with solubles (DDGs), the grain by-products which remain after starch has been fermented through the making of alcohol or […] Read more
Sask. Crop Report: Harvests ahead of schedule
Reading Time: 2 minutes MarketsFarm – The annual harvest in Saskatchewan is moving along earlier and faster than usual as crops dry down to high heat and lack of moisture. Three per cent of Saskatchewan’s crop has been combined, compared to the less than one per cent at this point last year, according to the province’s crop report for […] Read more
CBOT weekly outlook: Analysts await USDA crop estimates
Reading Time: < 1 minute MarketsFarm – Traders at the Chicago Board of Trade (CBOT) are positioning themselves ahead of the United States Department of Agriculture’s monthly crop estimates to be released on Aug. 12. Estimates from private firms and speculation over how accurate they will be compared to the USDA’s are making their mark on the markets. “I think […] Read more
CN, CP railways break grain shipping records
Reading Time: 2 minutes MarketsFarm – It was a record-breaking year for both of Canada’s two major freight railways. In separate news releases to the public on August 3, both Canadian National Railway (CN Rail) and Canadian Pacific Railway (CP Rail) reported a record amount of grain moved during the 2020-21 crop year. For the first time ever, both […] Read more
Pulse weekly outlook: Dry edible beans faring well in Manitoba weather
Reading Time: < 1 minute MarketsFarm – Like all crops, dry edible beans have been affected by the high heat and drought-like conditions which have plagued most of Manitoba this summer. However, they have weathered the conditions better than most, according to Manitoba Agriculture’s provincial pulse specialist. “For the most part, the dry beans are looking okay,” said Dennis Lange. […] Read more
Feed weekly outlook: Reduced yields starting to become a reality
Reading Time: < 1 minute MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more
Saskatchewan Crop Report: Hay cut progressing in dry weather
Reading Time: 2 minutes MarketsFarm – Hot and dry conditions continued to affect most of Saskatchewan, but they caused little, if any hindrance to the province’s hay cut, according to the province’s weekly crop report released on July 29. Most hay producers have finished operations, with 15 per cent of the hay crop being cut and 75 per cent […] Read more