Reading Time: 2 minutes CNS Canada — For sunflowers it was a tough year that began with dry conditions at seeding time, then more dry weather in July and August, only to be topped off by a cold, wet fall. The quality of sunflowers, however, is said to be pretty good in Western Canada. Darcelle Graham, executive director of […] Read more
Cold, wet weather delays Prairie sunflower harvest
Canola prices vulnerable after StatsCan report
Reading Time: 2 minutes CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more
U.S. grains: Wheat sets two-week high
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures touched a two-week high above US$5 a bushel on Friday on reduced expectations for France’s harvest while corn prices rose on concerns over unfavourably hot U.S. crop weather. Soybean futures touched a one-week low after a bout of selling late in the trading session erased earlier gains. An […] Read more
Canadian canola area likely above earlier projection
Reading Time: 2 minutes CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more
Ample supply keeps oats under pressure
Reading Time: 2 minutes CNS Canada — Canadian oat crops are in reasonably good shape following recent rains, though prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the 3.2 million seeded the previous […] Read more
Pulse weekly outlook: Large U.S. crop possible, despite reduced acres
Reading Time: 2 minutes CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, after poor crops in 2017, […] Read more
Pulse weekly outlook: Good start despite dry conditions
Reading Time: 2 minutes CNS Canada — Dry soil conditions persist across many areas of Western Canada but the outlook for pulse crops seems fairly promising in one specialist’s view. “For the pulses, seeding has been going fairly well,” said Daphne Cruise, crops extension specialist with Saskatchewan’s provincial Agriculture Knowledge Centre in Moose Jaw. “A lot of the pulses […] Read more
Grain trade skeptical of StatsCan’s acreage outlook
Reading Time: 3 minutes CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken […] Read more
Farmland values rise, but interest rates curb market
Reading Time: 3 minutes CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more
Trade predicts fewer pulse acres, another canola record
Reading Time: 3 minutes CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more
A message from April Stewart, Country Guide's Associate Editor
