Reading Time: 2 minutes CNS Canada — The snowpack is gone and moisture levels are low across many agricultural areas of Western Canada, which should allow for an early start to spring seeding. However, the lack of moisture could lead to problems down the road if there is no timely precipitation later in the season. While there are no […] Read more
Dryness being watched in parts of Western Canada
ICE weekly outlook: Rangebound canola could go either way
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but remain stuck in the same wide range they’ve been in for the past month. The technical trend is starting to point lower, but the possibility of a seasonal bounce is also still there. From a chart standpoint, both the […] Read more
Manitoba sunflower acres set to rise
Reading Time: 2 minutes CNS Canada –– An early spring and drier conditions in western Manitoba, together with relatively favourable prices, should lead to an increase in sunflower plantings in the province this year. “Assuming that the southwest won’t be wet this year, we’re expecting that acres will be over 100,000,” said Darcelle Graham, executive director of the National […] Read more
Record Prairie lentil area likely
Reading Time: 2 minutes CNS Canada –– Canadian lentil acres are expected to rise considerably this spring, with most of the increase in red lentils, according to industry participants. While the acres are going up, the opposite is likely in prices. “Everybody is looking for an increase (in lentil acres),” said Darren Lemieux of Simpson Seeds at Moose Jaw, […] Read more
Canaryseed slow to move, but still pencils out in many areas
Reading Time: 2 minutes CNS Canada — The canaryseed market may be very slow in Western Canada, but acres are still expected to rise in 2015, according to an industry official. “The canary market is relatively quiet,” said David Nobbs, president of the Canaryseed Development Commission of Saskatchewan and director of operations with CanPulse foods in Kindersley, Sask. Activity […] Read more
Oats market cold in Western Canada
Reading Time: 2 minutes CNS Canada –– The oats market in Western Canada has gone cold, with little heat expected until closer to spring seeding. “The basis is the thermometer, and right now oats are getting cold,” said Ryan McKnight of Linear Grain at Carman, Man., noting basis levels were generally fading. “We’re just not seeing much demand for […] Read more
More room off lows seen for U.S. wheat futures
Reading Time: 2 minutes CNS Canada –– U.S. wheat futures have trended higher over the past few weeks and still have some more room to the upside, as weather concerns for the country’s winter wheat crop and the need to bring acres to spring wheat should provide some support, according to an analyst. Given the declining U.S. crop conditions […] Read more
Wheat bids on Prairies rise with U.S. futures
Reading Time: 2 minutes CNS Canada –– Wheat cash bids across Western Canada moved higher in most classes during the week ended Friday, with gains in U.S. futures behind much of the strength. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as $8 per tonne during the week, with bids ranging from […] Read more
New Alta. canola crush capacity online soon
Reading Time: < 1 minute CNS Canada –– A new crushing plant Cargill is building at Camrose, Alta. will soon provide another outlet for Prairie canola, as the company is set to take delivery from farmers starting Tuesday. The facility, first announced in 2012, will be able to crush 2,500 tonnes of canola per day when operating at capacity. The […] Read more
ICE weekly outlook: Canola rangebound, for now
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola futures moved lower during the week ended Wednesday, but managed to find some support to the downside and are looking rangebound overall. Canola is still looking firm relative to Chicago (CBOT) soybeans, said broker Ken Ball of PI Financial in Winnipeg. While solid commercial demand was one supportive […] Read more
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