Reading Time: 2 minutes Western Canadian green peas have been valued at $12 per bushel or higher for over a month now, but Shawn Madsen says he’s unsure if the strength seen in prices will continue into the winter. “The trade generally thinks this is pretty expensive on green peas,” said Madsen, operations manager for Southland Pulse in Estevan, […] Read more
Green peas unlikely to remain up at $12
Canary seed prices expected to remain steady into winter
Reading Time: < 1 minute Canadian canary seed prices are seen as having stabilized with the completion of harvest. Kevin Hursh, executive director for the Canaryseed Development Commission of Saskatchewan, said prices will likely continue to stay in their current range well into the winter. “Prices have been very stable,” he said, noting prices will likely remain in the 23 […] Read more
Oat prices boosted by logistical issues
Reading Time: 2 minutes Western Canadian oats have seen a bump in value over the past few weeks, as logistical issues across the Prairies have been bullish for prices. “It’s been pretty volatile,” said Ryan McKnight, grain merchant for Linear Grain at Carman, Man. “Prices strengthened over the last couple of weeks, because there’s not a lot of oats […] Read more
U.S. trans-fat ban could boost demand for non-soy oils
Reading Time: < 1 minute The U.S. Food and Drug Administration’s (FDA) plan to phase out the use of trans-fat in processed foods may lead demand for soyoil into a major decline in the next few years, opening the doors for other edible oil markets. Thursday’s FDA announcement “was really a surprise,” Dave Lehman, managing director of commodity research and […] Read more
Black Sea region developing into major global grain exporter
Reading Time: < 1 minute The Black Sea region’s development as a big player on the global export market is seen continuing, as it has become one of the biggest exporters of wheat in the world. “The region went from being one of the biggest net importers to one of the biggest exporters of grain,” said Dr. Dmitry Rylko of […] Read more
World needs more soybeans relative to corn, analyst says
Reading Time: < 1 minute Despite a large U.S. soybean crop, the global ratio of corn to soybeans is still wide — meaning South America needs to produce a strong crop this season. “The world needs more soybeans relative to corn,” Karl Skold of Bunge North America told the Cereals North America global grain conference in Winnipeg. “We need to […] Read more
Lethbridge barley rallies slightly, could decline again
Reading Time: 2 minutes Lethbridge barley saw a slight bump in prices the last few weeks, but Jim Beusekom, grain broker at Marketplace Commodities in Lethbridge, said prices could see further lows depending on the price movement of other feed markets. “Through the second half of October, we’ve seen the market rally just slightly in Lethbridge,” he said. “Prices […] Read more
Prairie forage supplies replenished
Reading Time: 2 minutes A good year has allowed Prairie producers to replenish forage supplies. “For the most part, yields were average to above average,” said Daphne Cruise, regional crops specialist for Saskatchewan Agriculture. “It looks like we’re still fairly average in terms of quality.”Alfalfa and alfalfa/brome hay, which make up the majority of forage crops in Saskatchewan, averaged […] Read more
Lentil prices remain competitive for Western growers
Reading Time: 2 minutes A large crop and competitive prices for Western Canadian lentils has many Prairie growers optimistic as they begin the market their crop over the next 10 months, said Bobby Leavins, operations manager for Rayglen Commodities in Saskatoon, Sask. According to Statistics Canada, Western Canada’s lentil production is pegged at 1.709 million tonnes, which would make […] Read more
Rally in green pea prices creates large spread with yellow peas
Reading Time: 2 minutes The spread between Western Canadian green and yellow peas is close to $6.00 per bushel, as a $2.00 per bushel rally seen by green peas since the beginning of October has prices at levels that many producers didn’t see coming. “Green peas continue to climb and we’re seeing a 12 in front of those […] Read more
A message from April Stewart, Country Guide's Associate Editor
