Reading Time: 2 minutes Cash wheat prices across the Canadian Prairies were hit hard during the week ended June 6, due to sharp declines in the United States wheat complex. That resulted in double-digit losses for Canada Prairie Red Spring Wheat, Canadian Western Red Spring Wheat and Canadian Western Amber Durum.

Prairie Wheat Weekly: Weaker U.S. wheat pulls down Prairie prices

Planting in Saskatchewan on the verge of completion
Reading Time: 2 minutes Spring planting in Saskatchewan moved into its final days as it advanced 17 points at 94 per cent complete as of June 3. Saskatchewan Agriculture noted that despite the speed seeding has been going it was a shade behind the five and 10-year averages of 97 per cent finished.

Alberta to be warmer, drier than Manitoba, Saskatchewan ‘a mixed bag’
Reading Time: < 1 minute “We are starting to see hints of warmer weather arriving in Alberta,” the chief scientist for Weatherlogics stated, noting that Manitoba and Saskatchewan are to get temperatures that are normal to below normal.

Manitoba farmers make good progress despite rain
Reading Time: < 1 minute Spring planting in Manitoba entered the home stretch at 83 per cent complete as of June 5. Manitoba Agriculture reported a 19-point gain from the previous week as farmers contended with wet conditions across much of the province.

Pulse Weekly: Increased Australian production could pose greater export challenges for Canada
Reading Time: 2 minutes The Australian Bureau of Agricultural and Resources Economics and Sciences released its monthly supply and demand report on June 3. The report showed a 57.2 per cent increase for Australia’s chickpea production at 1.15 million tonnes in 2024/25. The country’s lentil output is to change very slightly with a dip of a mere 2,000 tonnes from a year ago at 1.61 million.

Bigger cereal, pulse crops for Australia as canola contracts
Reading Time: 2 minutes Winter crop production in Australia has been projected to increase nine per cent at 51.3 million tonnes for 2024/25. That’s according to the Australian Bureau of Agricultural and Resource Economics and Sciences which issued its latest supply and demand report on June 3.

ICE Canada weekly: Interest rate cuts to have positive or negative effect on canola
Reading Time: 2 minutes With the growing likelihood of an interest rate cut by the Bank of Canada, spillover from the move could prove to be beneficial for canola prices, according to Calgary-based Errol Anderson of Errol’s Commodity Wire.

Saskatchewan sees good seeding progress, but behind average pace
Reading Time: < 1 minute Spring planting in Saskatchewan progressed 24 points during the week ended May 20, putting seeding at 56 per cent complete, according to the provincial Agriculture department. However, that’s 12 points behind this time last year and well below the five-year average of 76 per cent finished.

CBOT Weekly: Spring wheat poised for good conditions
Reading Time: 2 minutes Planting of the spring wheat in the United States continues to be off to an excellent start, according to Tom Lilja of Progressive Ag in Fargo. Meanwhile, the heavy rains that fell as of May 21 are very likely to lead to less corn being seeded with U.S. farmers switching to soybeans.

Seeding in Alberta ahead of pace
Reading Time: 2 minutes Overall spring seeding of all crops in Alberta was just over 18 per cent complete, according to the province’s first crop report of 2024. The pace was nearly seven points above the five-year average.