Reading Time: 2 minutes As spring planting approaches, farmers are busy planning which crops to seed this year and how much. With that, market thoughts have turned toward planted area projections, as Statistics Canada is set to issue its report on Thursday.
More canola, spring wheat likely to be seeded this spring
Reduced Argentine soybean harvest, bigger crush says USDA attaché
Reading Time: 2 minutes Argentina is expected to reap 48 million tonnes of soybeans in 2025/26, the United States Department of Agriculture attaché in Buenos Aires said in a report released on Feb. 25. That’s slightly lower than the USDA’s official estimate of 48.50 million tonnes.
CBOT Weekly: Several unknowns that could affect commodity prices
Reading Time: 2 minutes There are a number of unknowns that could affect where soy, corn and wheat prices go on the Chicago Board of Trade, said Sean Lusk, vice-president of Walsh Commercial Hedging Services.
IGC February report adjusts world data
Reading Time: < 1 minute There were several revisions made to the International Grains Council monthly supply and demand report issued on Feb. 19, most notably in soybeans.
Feed Grains Weekly: Domestic prices remain flat
Reading Time: 2 minutes Although there has been some upward movement in feed grain prices, particularly in Alberta, it’s not domestic demand that’s pushing them higher, said Jim Beusekom, president of Market Place Commodities in Lethbridge on Feb. 19.
Minor tweaks in AAFC supply and demand report
Reading Time: 2 minutes There were only small changes in the latest supply and demand estimates from Agriculture and Agri-Food Canada released on Feb. 18.
Prairie Wheat Weekly: Cash prices mostly higher
Reading Time: 2 minutes Western Canadian cash prices for spring wheat were mostly higher and those for durum were a pinch lower for the week ended Feb. 17. A firmer tone United States wheat complex offered support, as did the Canadian dollar which lost six-tenths of a cent on the week.
Pulse Weekly: Lentil prices currently lacking direction
Reading Time: 2 minutes There’s little at the present time to guide cash prices for lentils on the Canadian Prairies, said Marcos Mosnaim of Prairie IX in Toronto.
ICE Canada Weekly: Canola needs to back away from highs
Reading Time: < 1 minute Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
Pea, lentil outlooks have some positive signals – Penner
Reading Time: 2 minutes As pulse growers consider what to plant this spring, Chuck Penner of Leftfield Commodities Research said there is some optimism in the Canadian pulse market. Penner gave a presentation at the Saskatchewan Pulse Growers meeting in Swift Current on Feb. 4.