Reading Time: 2 minutes Canadian chickpea prices are expected to move lower in the near future due to various outside factors coming from India and Pakistan, Greg Kostal, president of Kostal Ag Consulting in Winnipeg said. “The parameters have been in place for a while,” he said. “The strength in the Indian rupee has kept Indian offers of chickpeas […] Read more
Canadian chickpea prices expected to trend downward
Oat prices could move lower due to high acreage
Reading Time: 2 minutes Canadian oat prices are expected to move lower after a Statistics Canada report showed acreage up significantly in 2013-14. However, oats’ price spread relationship with other commodities will continue to strengthen,said Ryan McKnight, grain merchant for Linear Grain at Carman, Man. According to StatsCan, 3.371 million acres of oats were seeded this spring, up about […] Read more
Canary seed acreage smallest in decades
Reading Time: 2 minutes Strong cereal prices, flat canary seed prices and disappointing past yields have led to the lowest canary seed acreage in Canada in decades, according to Kevin Hursh, executive director for the Canaryseed Development Commission of Saskatchewan. According to Statistics Canada’s seeded acreage report released June 25, canary seed acreage dropped to 165,000 acres in 2013-14 […] Read more
U.S. corn crops pushing new-crop barley prices lower
Reading Time: < 1 minute New-crop barley prices in Western Canada are expected to trend downward with help from a larger-than-expected U.S. corn crop, said Jim Beusekom, grain broker with Marketplace Commodities at Lethbridge, Alta. “The prices depend on what happens to new-crop corn,” he said. “Many analysts are predicting new-crop corn to drop below US$5 per bushel on the […] Read more
Late spring seen weighing on Prairie farmland demand
Reading Time: 2 minutes Demand from Prairie farmers looking to add to their individual land bases was curbed by a late spring — but farmland prices were still up, according to real estate agents specializing in the field. “There is desire from farmers to add land, but weather conditions levelled off that demand,” said Grant Tweed of Century 21 […] Read more
Southeastern Sask. lentil seeding in doubt
Reading Time: 2 minutes Lentil acreage in southeastern Saskatchewan may be smaller than anticipated, as below-average planting conditions continue to hit the region. A late winter and extremely wet spring have provided problems for some farmers, who are now at the point where they must decide if they can get all of their seeds into the ground. “There are […] Read more
China’s demand for Canadian canola meal could rise
Reading Time: < 1 minute There are strong indications that China’s demand for Canadian canola meal will be on the rise in the near future, especially after a report from the Canola Council of Canada (CCC) showed dairy production increases when cows consume canola meal. According to a joint Sino-Canadian study released Friday morning, when used in dry rations, Canadian […] Read more
Demand for yellow peas remains strong
Reading Time: 2 minutes Demand for Canadian yellow peas continues to be strong after a disappointing Rabi crop (spring) harvest in India, said industry participants. According to the Saskatchewan Pulse Market report for May 2013, yellow pea imports for India are expected to be in the 1.5 million- to 1.7 million-tonne range for 2012-13. “I think a good chunk […] Read more
Alta. seeding aided by warmer weather, but still behind
Reading Time: < 1 minute Warmer conditions in Alberta have advanced the seeding process the past two weeks, but most areas are still a week behind normal, according to a provincial crop specialist. “The last few years we’ve had cool, wet Mays,” said Harry Brook with Alberta’s Ag-Info Centre in Stettler. “This year May was cool and wet early on, […] Read more