Reading Time: 2 minutes There has been some movement in feed grain prices across the Canadian Prairies during the week ended Apr. 3, particularly in Alberta. Susanne Leclerc of Market Master Ltd. in Edmonton chalked that up to factors such as road bans and the approach of spring seeding. She also noted a change in corn.
Feed Grain Weekly: ‘A good time to secure pricing’
Less North American flax acres, higher prices in Western Canada
Reading Time: 2 minutes Flax prices have been steady to higher over the last month with old crop prices on the Canadian Prairies adding 75 cents per bushel, while those in North Dakota remained unchanged.
Western Prairies to be cooler, wetter than eastern half
Reading Time: < 1 minute With spring planting on the Canadian Prairies a few weeks to a month away, the region’s weather outlook is very likely to take somewhat different paths, according to Scott Kehler of the Manitoba-based Weatherlogics.
ICE Canada Weekly: Canola set to rise, but not a sure thing
Reading Time: 2 minutes After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.
Attaché trims Argentina soybeans, but crop still more than double
Reading Time: 2 minutes Soybean production in Argentina for 2023/24, along with beginning stocks and imports were revised downwards by the United States Department of Agriculture attaché in the capital of Buenos Aires.
ICE Canada Weekly: Look for canola to ease back
Reading Time: 2 minutes At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
Reading Time: 2 minutes There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
Reading Time: 2 minutes There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
Pulse weekly outlook: Mixed price movement for Prairie lentils
Australian supply, pricing pressuring old crop red lentils
Reading Time: < 1 minute In the Prairie Ag Hotwire compilation of prices from across Western Canada, as of Feb. 26, Laird lentils added two cents ranged from 57 to 78 cents/lb. delivered depending on the size.
ICE Canada weekly outlook: Markets to react to Nvidia earnings report
Tech giant, while unrelated to crops, asserts gravitational pull on markets
Reading Time: < 1 minute The path canola as well as other commodities will very likely be determined by the latest earnings report from technology giant, Nvidia, according to analyst Errol Anderson of Errol’s Commodity Wire in Calgary, Alta.
A message from April Stewart, Country Guide's Associate Editor
