Reading Time: 2 minutes CNS Canada – Farmers shouldn’t be too concerned yet that the recent Agrium, Potash Corp of Saskatchewan merger will cause an increase in the price of fertilizer, at least according to the president of one provincial producer group. “(The merger is) a hard one to find a whole bunch of negatives or positives about it. […] Read more
Agrium, Potash Corp merger shouldn’t have much of an impact yet
CBOT weekly outlook: Corn and soybean markets quietly await USDA reports
Reading Time: 2 minutes CNS Canada – Corn and soybean contracts are remaining quiet at the Chicago Board of Trade (CBOT) as traders await United States Department of Agriculture (USDA) reports due out next week. “(The report is) a big one. I guess most (people are) and I am too looking for a little bit bearish numbers again,” said […] Read more
Lentils back at square one heading into 2018
Reading Time: 2 minutes CNS Canada — Lentil prices in Western Canada have dropped significantly over the past year as India’s policy changes and militant actions elsewhere affected markets, according to traders. Green lentil prices in Western Canada lost anywhere from 20 to 36 cents per pound over the course of 2017, according to Prairie Ag Hotwire. Prices are […] Read more
Behind the Bitcoin craze, blockchain in agriculture
New online transaction technology is being used to secure interactions between grain buyer and seller
Reading Time: 5 minutes [Updated: Dec. 14, 2017] Winnipeg / Commodity News Service Canada – Across the world Bitcoin has caused a flurry of excitement. But as analysts warn about the potential downfall of the cryptocurrency craze there is a part of it that could survive and change the business world – blockchain. “People are seeing potential here. They […] Read more
CBOT weekly outlook: Soybean markets excite while corn settles
Reading Time: 2 minutes CNS Canada — Soybean prices on the Chicago Board of Trade (CBOT) are finding support from Argentina weather while corn markets remain stuck in sideways trading, according to a Chicago trader. “The corn markets have kind of been left out of the Argentina weather equation with heavy fund selling here and there… and then might […] Read more
Prairie wheat bids mixed with choppy loonie
Reading Time: 2 minutes CNS Canada — Hard red spring wheat bids in Western Canada were mixed for the week ended Friday, as the Canadian dollar saw wide price swings during the course of the week. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne in […] Read more
High-quality durum still top of mind for buyers
Reading Time: 2 minutes Winnipeg | CNS Canada — Following two years of varying qualities for Canadian durum, the world still wants higher-quality grain, according to Rhyl Doyle. “The world still wants (No. 1) CWAD and last year although the profile was mostly (No. 3) CWAD, they still wanted 1 CWAD. So there are a spectrum of markets for […] Read more
CBOT weekly outlook: Soybeans excite ahead of holiday
Reading Time: 2 minutes CNS Canada — While corn futures sat quietly this week on the Chicago Board of Trade (CBOT), soybean futures were another story ahead of the U.S. Thanksgiving weekend. On Tuesday, “there was a lot of talk that Argentina was going to have some very good rains; the (soybean) market was understanding of that,” said Steve […] Read more
Wheat bids fall along with U.S. futures
Reading Time: 2 minutes Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down C$3 to C$5 per tonne across the Prairie provinces, […] Read more
Grain marketing shifting to a digital focus
Reading Time: 2 minutes Winnipeg | CNS Canada – The future of grain marketing includes access to a larger market for producers online, according to Lyle Ehrmantraut. “You have to be able to see the deals to make the best decisions. So without all the deals in front of you in a centralized system I don’t know how it’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
