Reading Time: 2 minutes As price movement in soybeans on the Chicago Board of Trade continued to be a tussle between dry conditions in Brazil versus pressure from the United States harvest, Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago, suggested not to pay much attention to any trade action China might soon take against U.S. soybeans.
CBOT Weekly: Possible Chinese trade action of little concern
Canadian Prairies to see more rain says forecaster
Reading Time: 2 minutes Weather systems over the Prairies are forecasted to bring rain according to Drew Lerner of World Weather Inc. in Overland Park, Kansas.
Alberta weekly crop report: Harvest yields are coming in lighter than expected
Reading Time: 2 minutes Combining of major crops in Alberta progressed 23 points during the week ended Sept. 10, reaching 54 per cent, according to the province's latest weekly crop report. While dry weather helped to advance the harvest, crop yields were not meeting expectations.
Prairie Wheat Weekly: Cash prices for spring wheat, durum mostly higher on the week
Reading Time: 2 minutes Cash prices for Canada Prairie Red Spring Wheat and Canadian Western Amber Durum were up for the week ended Sept. 12, while those for Canadian Western Red Spring Wheat were mostly higher.
Feed Grains Weekly: Prices moving higher, but maybe not much more says broker
Reading Time: < 1 minute With Alberta farmers presently reluctant to sell their barley and wheat for feed, cash prices have been on the upswing, according to Darcy Haley, vice-president Ag Value Brokers in Lethbridge.
USDA’s September numbers meet trade expectations
Reading Time: 2 minutes Coming within market expectations was essentially the central theme in the September supply and demand report (WASDE) from the United States Department of Agriculture released on Sept. 12.
Manitoba harvest advances with co-operative weather
Reading Time: 2 minutes Harvesting in Manitoba reached 40 per cent complete according to the latest crop report from the provincial agriculture department on Sept. 10. The central region was furthest along a 51 per cent finished, followed by the eastern region at 47 per cent done, the southwest at 38 per cent, the Interlake at 34 per cent and the northwest at 25 per cent.
Warmer, drier autumn developing – Weather Network
Reading Time: 2 minutes Much of Canada is set for a fall of above normal temperatures with near normal precipitation, according to the seasonal outlook released by the Weather Network on Sept. 11.
Pulse Weekly: India largely responsible for drop in Canadian dry pea stocks
Reading Time: 2 minutes Dry peas saw sharp reductions in Statistics Canada's report on grain stocks as of July 31. Released on Sept. 9, the StatCan report showed on-farm and commercial dry pea stocks at a combined 348,000 tonnes, down from 550,000 the previous July. The current stocks also came in below the five-year average of 398,600 tonnes.
ICE Weekly: Canola market suddenly in a very bad position
Reading Time: 2 minutes China caused a great deal of turmoil in the canola market on Sept. 3, leading prices to tumble on the Intercontinental Exchange. To senior market analyst Mike Jubinville of MarketsFarm, China dramatically changed canola’s outlook in fell swoop. The Chinese government announced that it was launching an investigation into alleged canola dumping by Canada. This […] Read more
A message from April Stewart, Country Guide's Associate Editor
