Harvest Archives | Country Guide

Pulse weekly outlook: Balance sheet tightening

By Phil Franz-Warkentin - MarketsFarm 5 days ago

Reading Time: 2 minutes MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government […] Read more

Crops, Markets, Weather

StatsCan report puts canola production at lowest since 2015

By Marlo Glass – MarketsFarm December 6, 2019

Reading Time: 2 minutes MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola steady, awaits news

By Phil Franz-Warkentin - MarketsFarm December 4, 2019

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 deadline that will see the […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat futures drop sharply

By Mark Weinraub December 3, 2019

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in […] Read more

Crops, Reuters

CBOT weekly outlook: Impeachment process stifles markets

By Marlo Glass – MarketsFarm November 20, 2019

Reading Time: < 1 minute MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade […] Read more

Crops, Markets, Spring Wheat, Weather

Knowing your wheat’s falling number critical this year

By Allan Dawson November 18, 2019

Reading Time: 4 minutes [UPDATED: Nov. 22, 2019] The ‘harvest from hell’ has resulted in one of the worst years in recent memory for sprout damage. That’s pushed down falling numbers and — since grain buyers have different approaches to handling this issue — increased the need for farmers to know the falling numbers for their wheat. But if […] Read more

Crops, Machinery, Reuters, Weather

U.S. states declare emergencies to help farmers in propane shortage

By Reuters November 18, 2019

Reading Time: 2 minutes Reuters — Regional shortages of propane, which is used for heating homes and barns and by farmers to dry their crops, have led to emergency declarations covering nine U.S. Midwest states amid late harvests of soggy grains. Iowa, Minnesota, North Dakota and Wisconsin declared state emergencies beginning in late October, and continued last Friday to […] Read more

Canola, Crops, Reuters, Weather

Millions of acres of canola freeze, compound ‘harvest from hell’

By Rod Nickel November 15, 2019

Reading Time: 2 minutes Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable […] Read more

Crops, Machinery, Weather

U.S. propane bottlenecks not affecting Canada

By Glen Hallick - MarketsFarm November 15, 2019

Reading Time: 2 minutes MarketsFarm — Despite ongoing shortfalls of propane in some areas of the U.S. Midwest, the situation doesn’t appear to be adversely affecting Canada, according to the Canadian Propane Association. The late harvest in the Midwest has been further hampered by wet conditions, forcing farmers to dry their grain before putting it in the bin. As […] Read more

Barley, Crops, Markets, Weather

Feed weekly outlook: Prolonged Prairie harvest pushes up grain prices

By Glen Hallick - MarketsFarm November 14, 2019

Reading Time: < 1 minute MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with large amounts of grain to […] Read more

Prairie cash wheat: Mid-December bids mixed

Ford recalls Super Duty pickups on post-crash fire risk

Visible canola supplies largest in three years

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