Reading Time: < 1 minute CNS Canada –– Problems with India’s own pulse crop production are lending some support to lentil and pea prices in Canada, as India is a major buyer. However, the firm Canadian prices may have more to do with domestic competition between exporters than with any increase in offshore movement, according to a pulse dealer. David […] Read more
Canada’s pulses seen too pricey for India
Prairie wheat bids edge down as loonie rises
Reading Time: 2 minutes CNS Canada –– Cash wheat bids across Western Canada posted small losses over the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were generally down by C$1 to $4 per tonne across the three Prairie provinces, according to price quotes from a cross-section […] Read more
Weekly canola crush hits new record
Reading Time: < 1 minute CNS Canada –– Canola oil is flowing freely in Western Canada, with domestic processors crushing more canola in a single week than ever before, according to the latest data from the Canadian Oilseed Processors Association (COPA). The weekly canola crush hit 184,493 tonnes during the week ended Wednesday, which is more than 10,000 tonnes above […] Read more
ICE weekly outlook: Canola poised to test resistance
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola futures tried and failed to break higher on numerous occasions over the past two weeks, but could be poised to finally see a bounce, according to a market analyst. A rebound in palm oil is supporting soyoil, which in turn is supportive for canola, said Errol Anderson of […] Read more
Huge weekly canola deliveries in latest CGC report
Reading Time: < 1 minute CNS Canada — A “lack of significant farmer selling” has been a common talking point from analysts when they’ve had to account for some unexplained strength in the canola market in recent weeks. That line may now need to be retired, however, as the official data tells a different story. According to Canadian Grain Commission […] Read more
Prairies’ harvest a tale of two wheat crops
Reading Time: 2 minutes CNS Canada — Prairie farmers are in the final stages of harvesting the 2015 wheat crop, and while yields continue to beat earlier expectations, there’s a distinct quality difference between crops harvested early and those harvested late. “In our country, all of the grain was top grade, but anything that was left out at this […] Read more
Next StatsCan survey expected to show larger canola, wheat crops
Reading Time: 2 minutes CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases its latest production survey results Friday. However, those numbers still may be underreported, and further revisions are expected in subsequent reports. “As the harvest is […] Read more
Prairie wheat bids rise with U.S. futures
Reading Time: 3 minutes CNS Canada –– Cash wheat bids across Western Canada posted solid gains during the week ended Friday, as advances in U.S. futures and improving basis levels provided support. Average Canada Western Red Spring (CWRS) wheat prices were up by C$6-$7 per tonne across the three Prairie provinces, according to price quotes from a cross-section of […] Read more
Canola crush margins improve
Reading Time: < 1 minute CNS Canada –– Canola crush margins have shown some improvement over the past week, despite rising futures prices, as strength in product values and a weakening Canadian dollar should be boosting the profitability of the domestic crush sector. Crush margins provide an indication of the profitability of the product values relative to the seed cost […] Read more
COOL saga winding down, but not over yet
Reading Time: 2 minutes CNS Canada –– The seven-year saga of U.S. country of origin labelling (COOL) rules and their adverse impact on Canada’s livestock sector may be nearing its final chapter, but the conclusion still needs to be written. After numerous complaints and appeals with the World Trade Organization, the COOL regulations in place since 2008 have been […] Read more
A message from April Stewart, Country Guide's Associate Editor
