Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just […] Read more
Feed weekly outlook: Barley, wheat prices now steady
U.S. corn imports keep lid on barley values
Increases seen in most July grain deliveries
Oats deliveries more than double, canola near double
Reading Time: < 1 minute MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes, […] Read more
CBOT weekly outlook: damage from extreme heat immediately unknown
CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst
Reading Time: 2 minutes MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing […] Read more
Pulse weekly outlook: AAFC trims production numbers
Lentil, chickpea prices up after report
Reading Time: 2 minutes MarketsFarm — Among the many revisions Agriculture and Agri-Food Canada made to its August supply and demand report on Friday were reductions in pulse output for 2023-24. Most of Canada’s pulses are grown on the Prairies, and in particular southern Alberta and western Saskatchewan, which happen to be the driest parts of the region, leading […] Read more
AAFC cuts production numbers on drought
Wheat production figures reduced, corn up
Reading Time: 2 minutes MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, leading to revisions in exports, domestic usage and ending stocks. The report pointed to drought in southern Alberta and western Saskatchewan for the downward move. […] Read more
CBOT weekly outlook: Wheat, corn likely to trend downward
Weather to steer soybean values
Reading Time: 2 minutes MarketsFarm — Wheat and corn on the Chicago Board of Trade are likely to fall back in the coming weeks, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. Soybeans, meanwhile, could go either way, he said, depending on the severity of upcoming weather conditions. Reilly commented that the December Chicago wheat contract […] Read more
Feed weekly outlook: Influx of cheaper U.S. corn pushing down prices
Weaker Chicago corn prices led to a 50-cent/bu. drop in Alberta feed barley, wheat
Reading Time: 2 minutes MarketsFarm – Feed grain prices took a tumble this week in Alberta, said Susanne Leclerc of Market Master Ltd. in Edmonton. “It’s kind of shocking. I know we had some harvest start in the southern part [of the province]. It seems to have really affected prices. Of course, corn got cheap with the futures dropping […] Read more
Manitoba’s crops continue to hold up
Hay yields generally below average; pasture conditions were deteriorating due to dryness
Reading Time: 2 minutes MarketsFarm – Timely rains in Manitoba have kept the province’s crops in relatively good shape, according to the latest crop report. Manitoba Agriculture said precipitation as of Aug. 1 amounted to as much as 73 millimeters around Zhoda in the southeast to 13 mm at The Pas in the north. Although several locales throughout the […] Read more
Pulse weekly outlook: lentils poised to go either way pricewise
Everything is dependent on the yields come harvest says analyst
Reading Time: 2 minutes MarketsFarm – Before the harvest of lentils gets underway across the Canadian Prairies, there has been some speculation as to which way prices could go, according to Levon Sargsyan of Johnston’s Grain. “Of the two stories I’m getting, one is from farmers, and one is from buyers, and of course there’s bias,” Sargsyan commented. “[The […] Read more
Strike’s impact on grain movement yet to come
Port workers union, employers reached a tentative agreement Monday morning but backlog likely to linger
Reading Time: 3 minutes MarketsFarm, Reuters – Despite grain movement at Canada’s West Coast ports not being really affected by the British Columbia port workers strike in July, there’s a good chance for issues to arise in the coming months, according to Mark Hemmes, president of Quorum Corp. “The volume of grain that moved in the last three weeks […] Read more
A message from April Stewart, Country Guide's Associate Editor
