Articles Written by MarketsFarm

Thunder Bay sees increased port traffic to start season

By MarketsFarm May 5, 2020

Reading Time: < 1 minute MarketsFarm — The Port of Thunder Bay reports “a surge in grain throughput” as the global COVID-19 pandemic has led to tight grain supplies in some countries and an increase in demand. Grain moved through Thunder Bay, on the northern shore of Lake Superior, is loaded onto “laker” vessels that transport to North American destinations […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed

By MarketsFarm May 2, 2020

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with some gains observed in Canada Western Red Spring (CWRS) wheat, and a mixed tone for Canada Prairie Spring Red (CPSR). Durum (CWAD) saw small losses. Average CWRS (13.5 per cent protein) wheat prices were steady to up by $4 per […] Read more

Crops, Lentils, Markets, Pulses

Demand may encourage more red lentil acres: AGT

By MarketsFarm April 29, 2020

Reading Time: < 1 minute MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more

Crops, Lentils, Markets, Pulses

Pulse weekly outlook: Turkey may see larger red lentil crop

By MarketsFarm April 14, 2020

Reading Time: 2 minutes MarketsFarm — Turkey is expecting to see an increase in lentil production in 2020, according to a processor in the country. White bean production is also expected to rise, although chickpea production could be down slightly on the year. Fethi Sonmez, CEO of Turkey-based Armada Foods, expects to see red lentil production in the country […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mostly stronger

By MarketsFarm April 9, 2020

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: U.S. bean acres to increase, other pulses down

By MarketsFarm March 31, 2020

Reading Time: < 1 minute MarketsFarm — Farmers in the U.S. intend to plant more edible bean acres in 2020, but will seed less area to peas, lentils and chickpeas, according to the U.S. Department of Agriculture’s prospective plantings report. Edible bean area in the country is forecast at 1.372 million acres, which would be up roughly seven per cent […] Read more

Canola, Crops, Markets

USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

By MarketsFarm March 11, 2020

Reading Time: < 1 minute MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate […] Read more

Livestock, Markets

Cattle inventories continue to decline, StatsCan says

Canada's hog herd also down on year

By MarketsFarm February 25, 2020

Reading Time: < 1 minute MarketsFarm — Canada’s cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in […] Read more

Crops

Grain vessels backing up at West Coast

By MarketsFarm February 20, 2020

Reading Time: 2 minutes MarketsFarm — Vessels waiting to ship grain off Canada’s West Coast are backing up as blockades across the country slow rail traffic, according to reports tracking grain movement. Railway blockades have sprung up at a number of locations across the country over the past two weeks, as protestors express solidarity with Wet’suwet’en hereditary chiefs opposing […] Read more

Crops, Pulses

Scoular to sell edible bean business

By MarketsFarm February 10, 2020

Reading Time: < 1 minute MarketsFarm — The Scoular Company has made a deal to sell its edible beans business in Manitoba and the northern U.S. to a Michigan edible bean processing and exporting co-op. Cooperative Elevator Co., which is owned by over 1,100 U.S. farmers and operates mainly in Michigan’s “thumb” northeast of Flint, announced Friday it will buy […] Read more

Outdoor Farm Show relocating to cyberspace for 2020

Bayer reporting progress in Roundup settlement talks

Mink infected two humans with COVID-19, Dutch government says

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