Reading Time: 2 minutes High protein levels might not necessarily mean high prices for wheat growers in Western Canada, as many markets don’t pay a premium for protein, speakers said here Monday at the annual Wild Oats Grainworld conference, highlighting the shifting market realities now that the Canadian Wheat Board no longer retains its single desk for selling the […] Read more
Grainworld: Wheat more than just wheat
Grainworld: Canada’s canola acres shifting into wheat
Reading Time: 2 minutes Canadian farmers will be seeding more spring wheat and less canola in 2013, Brenda Tjaden Lepp, chief analyst with FarmLink Marketing Solutions, said here Monday in a presentation at the annual Wild Oats Grainworld conference. Factoring in relative returns, rotational issues, and what she was hearing from clients, Tjaden Lepp forecast spring wheat area in […] Read more
Hemp acres on rise in Canada
Reading Time: 2 minutes Rising demand and good returns will see more acres devoted to industrial hemp production in Western Canada this spring, according to industry participants. Canadian hemp plantings have risen steadily over the past few years, with about 55,000 acres licensed in 2012, according to government data. Due to industrial hemp’s association with its cousin marijuana, farmers […] Read more
Soybeans expanding into Saskatchewan
Reading Time: < 1 minute Soybeans are making further inroads into Saskatchewan, as promises of good returns have more producers looking into a crop that has traditionally not been grown in the province. Actual acreage data is scarce, given the relative newness of planting soybeans in Saskatchewan, but Dale Risula, a special crops specialist with Saskatchewan’s agriculture ministry in Regina, […] Read more
CWRS wheat bids mixed, but improving overall
Reading Time: < 1 minute Cash wheat bids across Western Canada saw some choppiness during the week ended Feb. 19, with spot bids for Canada Western Red Spring wheat steady to a couple of dollars per tonne lower in some areas, but up by over $10 per tonne at other locations. Basis levels did improve across the board, helping counter […] Read more
CWRS wheat bids still trending down in West
Reading Time: < 1 minute Cash wheat bids across Western Canada declined in sympathy with U.S. futures over the week ended Feb. 11, with average spot bids for Canada Western Red Spring (CWRS) wheat down by about $3-$7 per tonne (eight to 19 cents per bushel) over the reporting period. However, basis levels did narrow in slightly, limiting the declines. […] Read more
New-crop mustard holding steady with spot market
Reading Time: 2 minutes Mustard is one of the few crops in Western Canada where old- and new-crop bids are currently on par with each other and even stronger in some cases, as prices stay firm in an effort to make sure enough acres are planted this spring. While new-crop canola is currently trading at a considerable discount to […] Read more
Oats market at equilibrium, lower acreage likely
Reading Time: 2 minutes Oats bids in Western Canada are holding steady despite tightening stocks, as supply and demand have reached an equilibrium for the time being. If prices don’t see some improvement relative to other cropping options, a decline in acres is seen as likely in 2013. Basis levels for oats in Western Canada are historically strong, but […] Read more
Canada’s tightening canola stocks confirmed
Reading Time: 2 minutes Confirmation of Canada’s tightening canola supplies came from Statistics Canada in its updated stocks report released Tuesday. With supplies as of Dec. 31, 2012 over two million tonnes tighter than they were at the same point the previous year, demand will need to be rationed going forward, which should keep canola prices well supported. StatsCan […] Read more
Wheat bids under pressure in Western Canada
Reading Time: < 1 minute Cash wheat bids across Western Canada showed some softness over the past week, with average spot bids down by about C$10 per tonne (27 cents per bushel) over the reporting period. Spot bids for No. 1 Canada Western red spring (CWRS) wheat, 13.5 per cent protein, declined by about C$7 to $13 per tonne (19 […] Read more
A message from April Stewart, Country Guide's Associate Editor
