Reading Time: < 1 minute MarketsFarm — No major changes in the current weather patterns on the Prairies are expected at this time, according to a pair of weather experts. So far this summer, the region’s weather has been highlighted by warmer and generally drier conditions in the eastern Prairies, while the western portion has been cooler with a great […] Read more
Prairie summer weather patterns to hold for now
Feed weekly outlook: Barley, wheat price strength may continue
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have remained strong over the last few weeks, according to traders in Alberta and Saskatchewan. “They move up a dollar or two per metric tonne just to keep moving the old crop,” said Evan Peterson of JGL Commodities’ Saskatoon office. “From what we’ve seen, buyers are just […] Read more
Flea beetle damage ‘moderate’ across Prairies so far
Levels in Manitoba hit thresholds for spraying, reseeding canola
Reading Time: 2 minutes MarketsFarm — Flea beetles, cutworms and diamondback moths are only a few of the pests Prairie farmers have to deal with — and this year, so far, damage from flea beetles and cutworms has varied, as have moth counts. “Flea beetles are common throughout the Prairies, everywhere we grow canola. We haven’t been able to […] Read more
Prairie cash wheat: Most bids see gains on the week
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) wheat made the strongest gains, as Canada Prairie Spring Red (CPSR) was either side of steady. There were modest increases for Canada Western Amber Durum (CWAD). Support came from the Canadian dollar losing about two-10ths […] Read more
ICE weekly outlook: Canola likely to move lower
Reading Time: < 1 minute MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. That could pull the canola […] Read more
India’s levy cut on lentils part of balancing act
Global markets had zero or little forewarning of decision
Reading Time: 2 minutes MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more
Feed weekly outlook: Barley prices close to ceiling
Reading Time: < 1 minute MarketsFarm — Feed barley prices, which climbed during May, have very likely risen as far as they can go, said Nelson Neumann, senior trader with Agfinity at Stony Plain, Alta. “We’re at the point where corn can be a cheaper alternative. There’s a ceiling on the market and we’re pretty much at that ceiling,” Neumann […] Read more
Pulse weekly outlook: Levy cut an opportunity for Canadian lentils
Reading Time: < 1 minute MarketsFarm — Canadian lentils should benefit from India lowering its import levy on lentils from 30 to 10 per cent, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The announcement, made June 2, was intended to reduce lentil prices in the country. India’s Ministry of Agriculture and Farmers’ Welfare estimated the lentil crop […] Read more
Demand pushes up cash prices for oats
Cash oats uncoupled from Chicago futures values
Reading Time: 2 minutes MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott Shiels of Grain Millers at […] Read more
Prairie cash wheat: Prices dip due to stronger loonie
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were down by varying degrees for the week ended Thursday. Canada Western Red Spring (CWRS) wheat was steady to lower, Canada Prairie Spring Red (CPSR) was down, and Canada Western Amber Durum (CWAD) slipped a few cents. Increased strength in the Canadian dollar weighed on values, while support […] Read more
A message from April Stewart, Country Guide's Associate Editor
