Reading Time: 2 minutes CNS Canada – Despite above normal precipitation over the last couple of months, when comes to the drought, the Prairies are not out of the woods as winter approaches. We are headed into an El Nino, at least according to the Australian Bureau of Meteorology and the National Oceanic and Atmospheric Administration,” said Bruce Burnett, […] Read more

El Nino developing as Western Canada recovers from drought

USDA sees more U.S. corn, fewer soybean acres over next decade
Reading Time: < 1 minute CNS Canada – Farmers in the United States are expected to increase their corn seedings over the next decade while reducing soybean area, according to early baseline projections from the U.S. Department of Agriculture released Nov. 2. The complete USDA Agricultural Projections to 2028 report will be released in February. The projections are based on […] Read more

Alberta harvest nearing completion
Reading Time: 2 minutes CNS Canada – Alberta farmers made significant harvest progress in late-October, with nearly 95 per cent of crops off the field as of Oct. 30, according to the final crop report of the season from Alberta Agriculture. On a crop-by-crop basis, spring wheat was 96.1 per cent harvested, durum 95.4 per cent, barley 95.6 per […] Read more

Visible canola supplies building: CGC report
Reading Time: < 1 minute CNS Canada – Canadian canola stocks in the commercial pipeline increased for the fifth-straight week, according to the latest data from the Canadian Grain Commission, as solid post-harvest deliveries more than made up for the routine demand from exporters and the domestic crush sector. Farmers delivered 499,900 tonnes of canola during the week ended Oct. […] Read more

Early winter wheat seeding estimates see reduced acreage
Reading Time: 3 minutes CNS Canada — Firm numbers for winter wheat seeding on the Prairies are not yet available, but there are firm opinions about how it went. “It’s very difficult to seed winter wheat on land that still has a crop on it,” said Monica Klaas, a contract agronomist for Ducks Unlimited’s Western Winter Wheat Initiative based […] Read more

ICE weekly outlook: ICE canola could go lower still
Reading Time: 2 minutes CNS Canada – It’s a dismal outlook for the ICE canola market as it has hit new yearly lows and could go lower still, according to one trader. “Unfortunately the news for the moment doesn’t seem to be overwhelmingly bullish news. It continues to be a little bit on the tad negative side,” said Keith […] Read more

Some optimism for peas, lentils not invited for the ride
Reading Time: 2 minutes CNS Canada — Lentil growers hoping to see a light at the end of the current tunnel of low prices and restricted markets will likely be disappointed for some time. However, farmers with peas might see better market conditions over the course of the shipping year because of the United States-China trade war. “For our […] Read more

Weather weighed on 2018 Manitoba crop year
Reading Time: 2 minutes CNS Canada – Conditions were variable across Manitoba throughout the 2018 growing season, according to the provincial crop report released Oct. 29. As of Oct. 29, provincially 97 per cent of the total crop was harvested. Crops completely finished include winter wheat, fall rye, field pea and dry bean. The spring wheat, barley, oat and […] Read more

ICE weekly outlook: Canola funds maintain net long position
Reading Time: < 1 minute CNS Canada – Speculators grew their net long positions in the ICE canola market slightly during the week ended Oct. 23, while commercial traders built their positions on the short side, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money and other reportable […] Read more

Alberta farmers make large harvest progress
Reading Time: < 1 minute CNS Canada – After weeks of no harvest progress, farmers in Alberta were able to get back into the fields and make significant harvest progress over the last week, according to the provincial crop report released Oct. 26. The Alberta harvest is now 78 per cent completed as of Tuesday, Oct.23, jumping up 28 per […] Read more