Reading Time: 2 minutes CNS Canada — The Lethbridge barley market has appeared to have bottomed out in January, as prices have rallied by $10 per tonne in the past few weeks. “The barley market through the last two weeks has ticked up a little bit,” said Jim Beusekom, grain broker at MarketPlace Commodities in Lethbridge, Alta. “Lethbridge is […] Read more
Lethbridge barley rallies by $10 since mid-January
PEDv not yet affecting packers, but futures get boost
Reading Time: 2 minutes CNS Canada –– While Canada’s pork industry tries to prevent the spread of the porcine epidemic diarrhea virus (PEDv) after its recent arrival in Ontario, the discovery hasn’t led to any major near-term changes at slaughterhouses, yet. “I don’t think anything is going to happen in the short-term, meaning that pigs go to the same […] Read more
Canada’s grain and oilseed stocks up significantly: StatsCan
Reading Time: 2 minutes CNS Canada — Statistics Canada released its grain and oilseed stocks report for the period ended Dec. 31 on Tuesday, and as many analysts had expected, the report confirmed wheat and canola crops were extremely large. “It’s confirmation of the large crops that were produced this year,” said Mike Jubinville, president of Pro Farmer Canada. […] Read more
Large Prairie stocks expected in StatsCan report
Reading Time: 2 minutes CNS Canada — With Statistics Canada scheduled to release its stocks report as of Dec. 31 on Tuesday (Feb. 4), most analysts believe the combination of record-large production in Western Canada, and logistical issues transporting that grain, will lead to a very large carryover number for most crops. “Carryout will likely continue to see record […] Read more
Soybeans weaken amid cancellation concerns; corn remains flat
Reading Time: 2 minutes CNS Canada –– Soybean futures on the Chicago Board of Trade have been trending weaker during the New Year, but futures were quiet during the week ending Wednesday, as traders await to see if China will cancel U.S. soybean shipments. “China is going to have to start cancelling, or we’re going to have to rally […] Read more
Prairie flax acreage could rise 20 per cent this year
Reading Time: 2 minutes CNS Canada –– The positive sentiment toward planting flax seems to be growing across the Prairies, according to the president of the Flax Council of Canada, who adds there’s likely to be a big acreage increase this year. “From what I heard at CropSphere in Saskatoon, it sounds like people are thinking that pricing of […] Read more
New-crop mustard contracts extremely varied
Reading Time: 2 minutes CNS Canada — With January nearing an end, Canadian new-crop contracts are slowly starting to hit the market — and Walter Dyck, mustard buyer with Wisconsin-based Olds Products, said contracted mustard prices have varied greatly in value. Prairie Ag Hotwire’s Friday report has delivered-to-elevator 2014-15 bids for yellow mustard pegged at 32 to 34 cents […] Read more
Competition in Lethbridge’s feed market drives prices lower
Reading Time: 2 minutes Competition for Lethbridge’s marketplace is heating up, as feed wheat and barley are nearly priced identically, leading to further declines in both markets. “It seems like they are both trading in the mid-C$150 (per tonne) range,” said Allen Pirness, senior trader at MarketPlace Commodities in Lethbridge. According to the Alberta Canola Producers Commission, feed barley […] Read more
Canaryseed acreage could increase in 2014
Reading Time: 2 minutes Western Canadian canaryseed prices continue to slowly trend lower to start the New Year, but new-crop contracts, if priced in the current spot price range, may spur an acreage increase in 2014. Canada’s 2013/14 canaryseed acreage was the lowest in recorded history, according to Statistics Canada, who pegged area at 200,000 acres. The previous low […] Read more
Canola production of 26 million tonnes sought by 2025
Reading Time: 2 minutes After producing a record large 17.96 million-tonne canola crop in 2013-14, the Canola Council of Canada (CCC) is looking to further increase Canadian production in the next decade. Introduced Thursday, the council’s new 10-year plan, titled Keep it Coming 2025, targets production of 26 million metric tonnes, with the average yield at 52 bushels per […] Read more
A message from April Stewart, Country Guide's Associate Editor
