Reading Time: 2 minutes The North American oats market is currently bucking the seasonal trends and showing weakness, despite the tightness of Canadian supplies, according to analyst Randy Strychar of OatInsight.com. From a Canadian fundamental standpoint, the country grew a smaller crop in 2011 and is currently working through those stocks at a quick pace, which should be supportive […] Read more
Crop Week: Oats looking weak, but farmers still in control
Crop Week: Canaryseed sluggish, but supplies tight
Reading Time: 2 minutes The sluggish western Canadian canaryseed market is facing more problems than the current trade dispute with Mexico, but the longer-term outlook could still be pointed higher given the tightening supply situation, said market analyst Mike Jubinville. Jubinville, an analyst in Winnipeg with ProFarmer Canada, made a market outlook presentation Monday to the Canaryseed Development Commission […] Read more
Crop Week: Flax acres likely to fall again in 2012
Reading Time: 2 minutes Flaxseed acres in Western Canada will see a further drop from the already record-low levels seeded in 2011 if new-crop prices don’t see considerable improvement by spring seeding time, according to market analyst Larry Weber. Weber, of Weber Commodities in Saskatoon, made his statement in a presentation Monday to SaskFlax during the annual Crop Week […] Read more
Crop Week: Prairie wheat marketing inconsistent in early days
Reading Time: 2 minutes The new open markets for wheat and durum in Western Canada are still sorting themselves out in the early weeks following the passage of a bill ending the long-standing Canadian Wheat Board single desk for marketing those crops. Speaking to a meeting of the Saskatchewan Winter Cereals Development Commission during Crop Week in Saskatoon, Brenda […] Read more
Planned western wheat, durum futures generating interest
Reading Time: 3 minutes The upcoming launch of wheat, durum and barley futures contracts on the ICE Futures Canada trading platform on Jan. 23 is reported to be generating interest from many potential participants. The Canadian government passed legislation in December ending the Canadian Wheat Board’s longstanding single-desk marketing powers for western Canadian wheat, durum, and malting barley as […] Read more
Slow demand limits upside potential for pulses
Reading Time: < 1 minute Canada grew a million fewer tonnes of peas in 2011 compared to the previous year, but the tighter supplies are still not enough to generate any strength in the sluggish market. Statistics Canada pegged the country’s 2011-12 pea production at 2.1 million tonnes in its latest report, released Tuesday. That was up slightly from an […] Read more
Global economic woes keep canola trending lower
Reading Time: < 1 minute ICE Futures Canada canola contracts remained stuck in a steady downtrend Wednesday as the global economic uncertainty leading to speculative liquidation in many commodities spilled into grains and oilseeds as well. While the fundamentals remain relatively supportive for canola, the ongoing economic uncertainty will likely keep the path of least resistance to the downside, according […] Read more
Wheat quality improved on year, but ergot a concern
Reading Time: 2 minutes The quality of Western Canada’s wheat and barley crops saw considerable improvement this year, according to an analyst with the Canadian Wheat Board. However, of the wheat that failed to make the top grades there were more concerns with ergot, a toxic fungal disease. Before blending and seed cleaning, about three quarters of the spring […] Read more
Farmland demand solid in Western Canada
Reading Time: 2 minutes Demand for farmland in Western Canada is running very strong, with real estate agents reporting difficulty finding enough willing sellers to meet that demand in the current climate. "We continue to have low supply and lots of demand," said Chris Classens of Signature Service Real Estate at Coaldale in southern Alberta. Previously, he said, a […] Read more
Alta. feed market seen steady heading into winter
Reading Time: < 1 minute Feed grain prices in the key southern Alberta cattle feeding region have climbed over the past month, but have now reached their equilibrium and look relatively steady heading into the winter months, according to a Lethbridge feed merchant. Feed barley prices at Lethbridge have rallied over the past month from around $190 per tonne up […] Read more
A message from April Stewart, Country Guide's Associate Editor
