Articles Written by MarketsFarm

Prairie hail claims pass 10,000 for year

By MarketsFarm August 16, 2019

MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press release Friday. To date overall, […] Read more

Crops, Markets, Spring Wheat

USDA attache to Canada predicts larger wheat crop

By MarketsFarm August 16, 2019

MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more

Crops

Development behind normal for many Saskatchewan crops: report

By MarketsFarm July 25, 2019

MarketsFarm – Development for roughly a third of the spring cereals and nearly half of the oilseed crops in Saskatchewan are behind normal, according to the latest provincial crop report. About 55 per cent of the canola crop is at its normal stage of development, with 44 per cent behind. Spring cereals are at 67 […] Read more

Crops, Weather

Manitoba crops progressing quickly in hot and humid weather

By MarketsFarm July 24, 2019

MarketsFarm – Dry areas of Manitoba received much needed rain during the week ended July 22, with the majority of the province’s agricultural land now reporting optimal soil moisture conditions, according to the latest weekly report from Manitoba Agriculture. Warm and humid conditions helped with crop development in most areas of the province during the […] Read more

Crops, Pulses

Pulse exporter ILTA Grain under creditor protection

By MarketsFarm July 10, 2019

Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more

General, Machinery, Markets

Farm equity growth slows in 2018

By MarketsFarm June 20, 2019

MarketsFarm — Equity in Canada’s farm sector increased by 3.6 per cent in 2018, hitting $522.2 billion, according to a report Thursday from Statistics Canada. The growth was well below the 6.4 per cent increase reported the previous year, and continued a trend of slower growth since 2013. Realized net farm income was down by […] Read more

Cereals, Crops, Markets

Feed weekly outlook: Grain prices strong as dry weather persists

By MarketsFarm, Marlo Glass June 13, 2019

MarketsFarm — Producers are anxious to stock up on feed grains as weather across the Prairies has remained dry. “We’ve been seeing buyers being quite aggressive [when] bidding on all feed grains,” explained Nelson Neumann of Agfinity in Lethbridge. “Nobody wants to be caught without anything over the summer.” With little precipitation in the forecast, […] Read more

Crops, Weather

Canadian crop development behind average

By MarketsFarm June 4, 2019

MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Benchmark report out for fababeans, feed peas

By MarketsFarm April 16, 2019

MarketsFarm — Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing “a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas” in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, “Grains are softening further on the […] Read more

Crops, Markets, Pulses, Weather

Near-normal monsoon expected in India

By MarketsFarm April 16, 2019

MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest monsoon typically runs from June through September. It provides crucial moisture for the country’s agriculture sector, as it accounts for roughly 70 per cent of […] Read more

Dutch distributor buys Manitoba Claas dealerships

Cash wheat: Bids get support from U.S. gains

Ample world malt barley supply to limit export prices

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