Reading Time: 2 minutes CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more
CBOT weekly outlook: USDA reports not expected to shake up markets
ICE weekly outlook: Canola’s downward spiral to continue
Reading Time: 2 minutes CNS Canada — ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November canola contract dipped below the […] Read more
Trucker shortage troublesome for Prairie cattle industry
Reading Time: 4 minutes CNS Canada — As large volumes of cattle make their way to western Canadian auction marts this fall, buyers are having problems finding truckers to haul them. Those problems may get worse in the future, as federal regulations for cattle hauling could possibly change. “I would say it’s worse this year than other years so […] Read more
Global fertilizer market prices vary
Reading Time: 3 minutes CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve […] Read more
Prairie potatoes not expected to hit record yields again
Reading Time: 3 minutes CNS Canada – The potato acreage may have increased this year in Western Canada, but it doesn’t look like it will be the same story for yields. “I think overall it’s too early to tell because we haven’t started the main harvest, but we are not expecting as big of yield as the last couple […] Read more
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
Reading Time: 2 minutes CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more
CBOT weekly outlook: Corn, soy, wheat markets stabilizing
Reading Time: 2 minutes CNS Canada –– Corn, soybean and wheat markets at the Chicago Board of Trade are starting to stabilize after a wild week. “Obviously we’ve been down a little bit here this week. We’re recovering some here today, the wheat’s doing the biggest recovery of all,” said Jack Scoville of Price Futures Group in Chicago. Markets […] Read more
Pulse weekly outlook: Lower lentil yields predicted
Reading Time: 2 minutes CNS Canada — After a year of market woes for lentils, it looks as though the Saskatchewan lentil yield won’t be the best either. “I think overall we would be expecting lentil yields lower than average this year, but it’s hard at this point to put a figure or a number on that,” said Carl […] Read more
CBOT weekly outlook: Corn, soy markets see little action
Reading Time: 2 minutes CNS Canada — One trader isn’t expecting much movement on Chicago Board of Trade (CBOT) corn and soybean markets until harvest starts in the U.S. Midwest. “I’m looking (past) all the (information) that we see every day and hear. We wait until the combines roll, they tell you the truth,” said Scott Capinegro of Barrington […] Read more
Manitoba winter wheat yields down
Reading Time: 2 minutes CNS Canada — As the winter wheat harvest finishes up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry… so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of […] Read more
A message from April Stewart, Country Guide's Associate Editor
