Reading Time: 2 minutes CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies. […] Read more
Canola futures continue their slide
Prairie wheat bids down with U.S. futures
Reading Time: 2 minutes CNS Canada – Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. Average Canada Western Red Spring (13.5% CWRS) wheat prices were down slightly, falling by less than a dollar to C$2 per tonne, according to price quotes from a cross-section of […] Read more
CBOT soybeans recover after dismal USDA data
Reading Time: 2 minutes CNS Canada – The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, […] Read more
ICE weekly outlook: Canola market establishing a base
Reading Time: < 1 minute CNS Canada – Canola contracts on the ICE platform are trading near their lowest levels in more than a year, but could be running out of room to the downside. With the North American harvest pressure easing and the South American soybean harvest still a number of months away, canola has window of opportunity where […] Read more
Pre-booked corn pushing barley and wheat out of Alberta feedlots
Reading Time: 2 minutes CNS Canada – Cattle in “feedlot alley” in Lethbridge, Alta., won’t be seeing corn leave their diets any time soon, according to one feed grain buyer. “The marketplace booked up a fair bit of corn in advance of it, so through September, December and even out into March. So that’s all been done, that corn […] Read more
Fair weather welcome for harvest wrap-up in Sask.
Reading Time: 2 minutes CNS Canada – Thanks to good weather during the last half of October 99 per cent of Saskatchewan’s crop has been harvested according to Saskatchewan Agriculture’s final Crop Report of 2018. However, snow and rain in early November has delayed the harvest of the remaining crops such as flax and oats, but producers hope to […] Read more
Hog market in transition, low prices now to improve later
Reading Time: < 1 minute CNS Canada – Large slaughter numbers in the United States and the resulting increase in pork supplies should weigh on the Canadian hog sector in the short-term, but the long-term outlook remains more favourable, according to an analyst. “It feels like we’re in a bit of a transition time,” said Tyler Fulton, director of risk […] Read more
Construction resumes at Portage pea plant
Reading Time: 2 minutes CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end of October. According to a company spokesperson construction was halted last spring “to adjust and fine tune the project.” ”We took the opportunity to include […] Read more
Tight supplies could see diesel prices rise
Reading Time: 2 minutes CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn […] Read more
Quality-wise Prairie flax crop in good shape
Reading Time: < 1 minute CNS Canada – As the amount of flax grown in Western Canada remains in a steep decline, this year’s crop was pretty good in terms of quality. “This year there are some visual black seeds in the crops, but it’s not that bad. It’s a pretty small amount, kind of negligible for the buyer,” said […] Read more
A message from April Stewart, Country Guide's Associate Editor
