Reading Time: < 1 minute Manitoba corn growers have made good progress planting over the past two weeks, but the late start is expected to limit expansion into non-traditional growing areas, according to an official with the Manitoba Corn Growers Association. After planting a record 300,000-acre corn crop in 2012, strong prices and improving varieties had Manitoba farmers intending to […] Read more
Man. corn acres unlikely to live up to early expectations
Old/new-crop corn and soybean spreads widening
Reading Time: 2 minutes Old-crop soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday (May 22), as tight supplies provided underlying support. New-crop soybeans lagged to the upside, while rapid seeding progress across the Midwest caused corn to post small losses in the deferred months. The spread between the old- and […] Read more
Prairie wheat bids mixed: CWRS up, CPRS down
Reading Time: < 1 minute Cash wheat bids across Western Canada saw some mixed activity during the week ended Tuesday, with a steady to firmer tone in Canada Western red spring (CWRS) wheat, but losses in Canada Prairie red spring (CPRS). Average spot bids for 13.5 per cent-protein CWRS across Manitoba, Saskatchewan and Alberta came in on Tuesday at around […] Read more
Prairie farmers take advantage of planting window
Reading Time: < 1 minute Weather conditions were good for spring seeding across much of Western Canada over the past week, with producers in the Prairie provinces getting in about a third of the crop in the past seven days alone, according to a CWB official. Total seeding progress across Manitoba, Saskatchewan and Alberta was estimated at 45 to 50 […] Read more
More upside likely in old-crop canola
Reading Time: 2 minutes ICE Futures Canada canola contracts moved higher during the week ended May 15, with the largest gains in the old-crop July contract as tightening supplies and bullish technicals provided support. The current open interest in the July canola futures, of around 70,000 contracts, represents about 1.4 million tonnes of canola. With ending stocks for the […] Read more
Prairie wheat bids strengthen with weather concerns
Reading Time: < 1 minute Cash bids for Canada Western red spring (CWRS) wheat across Western Canada moved higher during the week ended Monday, as concerns over yield losses for the U.S. winter wheat crop and seeding delays in the northern U.S. and Canada provided support. Average spot bids for 13.5 per cent CWRS across Manitoba, Saskatchewan and Alberta came […] Read more
Rising appetite for hummus supporting chickpeas
Reading Time: 2 minutes Growing North American demand for hummus should benefit Canadian chickpea growers as the Middle Eastern dip finds its way onto more and more grocery shelves. Chickpeas were highlighted in the Wall Street Journal recently in an article titled “Hummus is conquering America,” detailing how health-conscious consumers were driving demand for hummus, with sales for the […] Read more
Improving weather drags Prairie wheat bids down
Reading Time: < 1 minute Cash bids for Canada Western red spring (CWRS) wheat across Western Canada moved lower during the week ended May 6, as concerns over North American wheat production prospects eased. On May 6, average spot bids for 13.5 per cent CWRS across Manitoba, Saskatchewan and Alberta came in at around C$278 per tonne ($7.57 per bushel) […] Read more
Tightening canola stocks come as no surprise
Reading Time: 2 minutes Stocks of canola, wheat and many other Canadian grains and oilseeds are tighter than they were a year ago in the latest Statistics Canada report showing supplies in all positions as of March 31. The data was generally seen as supportive — but caused no immediate reaction in the markets. “The stocks are down for […] Read more
Tightening canola stocks to be watched in StatsCan report
Reading Time: 2 minutes Just how tight the canola supplies in Western Canada are will be watched closely when Statistics Canada releases its latest stocks report on Friday (May 3). The government statistical agency’s report will show the stocks being held on farm and in commercial positions as of March 31, 2013. Canola supplies were already tight in a […] Read more
A message from April Stewart, Country Guide's Associate Editor
