Reading Time: 2 minutes MarketsFarm — Roquette is now contracting for conventional and organic yellow peas for its new processing plant near Portage la Prairie, Man. After construction is finished at the end of 2020, the 200,000-square foot facility will work its way up to processing 125,000 tonnes of yellow peas per year. “We will be receiving peas in […] Read more
Pulse weekly outlook: Roquette plant now contracting organic yellow peas
Pricing to be at 'sustainable' level for growers
ICE weekly outlook: Will canola’s bull market continue?
Loonie's strength has oddly little effect
Reading Time: 2 minutes MarketsFarm — Canola has been seeing terrific days on ICE Futures so far in October, thanks to a bull market generated by good demand and further supported by traders looking to roll out of their November contracts as those soon expire. As October winds down, the big question is: will canola’s ride come to an […] Read more
Prairie cash wheat: Prices up on sharp rises in U.S. wheat
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 […] Read more
Canary seed supplies tighten
'Hidden' stocks of product seen shrinking
Reading Time: 2 minutes MarketsFarm — Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year’s crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a “hidden inventory over the last four to five years,” never reported to Statistics Canada, that was used to meet […] Read more
Pulse weekly outlook: Tight supplies push up green lentil prices
Summer exports 'unusually good'
Reading Time: < 1 minute MarketsFarm — Prices for green lentils in Western Canada have been on the upswing, with Lairds rising by between six and 12 cents/lb. “The summer exports were unusually good and are going fairly well right now,” said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “People are realizing overall green lentil supplies, primarily in […] Read more
Feed weekly outlook: Demand from China lifts prices
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have shot up over the last month, including a 76 cent per bushel jump for barley in Alberta, according to Prairie Ag Hotwire. In Saskatchewan, barley prices climbed 41 cents per bushel, while in Manitoba the rise has been much more subdued at nine cents. At present […] Read more
CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline
Reading Time: 2 minutes MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more
Pulse weekly outlook: Above-average year for yellow, green peas
Reading Time: < 1 minute MarketsFarm — It was a pretty good year for yellow and green peas, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The weather was so good and the harvest was so good. Everybody got their crops off in excellent shape,” he said. The most recent weekly crop reports from Manitoba and Saskatchewan indicated […] Read more
La Nina to bring colder, drier winter
Reading Time: 2 minutes MarketsFarm — There’s a La Nina poised to exert influence on the coming North American winter, according to Drew Lerner, senior agricultural meteorologist for World Weather Inc. in Kansas. A La Nina generates colder-than-normal temperatures, as opposed to the warm temperatures garnered from an El Nino. Both weather phenomenon can be found over the Pacific […] Read more
ICE weekly outlook: Canola rebounds on U.S. futures support
Reading Time: 2 minutes MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 noted declines in wheat, corn […] Read more
A message from April Stewart, Country Guide's Associate Editor
