Reading Time: 2 minutes Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Feed Grains Weekly: Prices higher, likely to continue upward trend
Reading Time: < 1 minute Feed grain prices on the Canadian Prairies have been pushing higher and are likely to continue on that upswing for now, said CorNine Commodities Ltd. trade manager Travis Ebens.
Saskatchewan crop report: Harvest nearly complete
Reading Time: < 1 minute Combining in Saskatchewan is virtually complete with the provincial report putting the harvest at 97 per cent finished overall. That's a gain of six points during the week ended Oct. 7, as parts of the province contended with rain delays.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Reading Time: < 1 minute Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
Manitoba crop report: Most of the harvest off the field
Reading Time: < 1 minute Combining in Manitoba advanced 12 points at 85 per cent complete for the week ended Oct. 7. While some crops made great amounts of progress, others did not. The largest gains were made in the province's soybean and flax harvests as they are up 41 points apiece at 70 and 61 per cent finished respectively.
Pulse Weekly: Yellow peas slip as India pauses levy cut
Reading Time: < 1 minute Yellow pea bids in Western Canada are coming under pressure, while green pea prices hold steady.
Warmer, drier October followed by colder, snowier November
Reading Time: < 1 minute The balance of October is likely to remain warmer than normal across the Canadian Prairies, but the weather could turn colder than normal in November, Weatherlogics chief scientist Scott Kehler explained.
Malaysia to produce less palm oil – USDA attaché
Reading Time: 2 minutes Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.
Alberta harvest well ahead of five-year average
Progress hits 85 per cent complete
Reading Time: < 1 minute Harvest progress in Alberta reached 85 per cent complete as of Oct. 1, progressing 11 points on the week, according to the latest provincial crop report.
Prairie Wheat Weekly: Strong gains for red spring varieties
Reading Time: 2 minutes Spring wheat cash prices in Western Canada posted double-digit increases for the week ended Oct. 3, while durum bids were up much more modestly.
A message from April Stewart, Country Guide's Associate Editor
