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Green Party backs grain drying exemption from carbon tax

Reading Time: 2 minutes One of the federal opposition parties in full favour of carbon pricing is lending its support to calls by farm groups for a carbon tax break for grain drying. Vancouver Island MP Paul Manly, the Green Party’s caucus critic for agriculture, announced the party’s position Monday. “We support the grain producers of Canada in their […] Read more

A GSI grain drying system at Bashaw, Alta. (Grainews photo courtesy Western General)

Prairie provinces react to Bibeau’s questions on carbon price impact

Reading Time: 3 minutes Ottawa — The Saskatchewan and Manitoba governments continue attempts to convince the federal government’s carbon pricing program puts farmers at a disadvantage. Federal Agriculture Minister Marie-Claude Bibeau recently suggested the carbon pricing system may not be disadvantaging farmers, questioning the impact of carbon pricing on agriculture, but saying she will continue to seek out more […] Read more


CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Prices narrowly mixed as traders assess Mideast risk

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and grain futures were narrowly mixed on Wednesday as traders’ jitters eased after Iran and the United States signalled a de-escalation of tensions after an Iranian missile attack against U.S. forces in Iraq. Investors also continued to square positions ahead of a key U.S. Department of Agriculture (USDA) crop […] Read more

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CBOT weekly outlook: Trade awaits solid details on ‘Phase One’

Reading Time: 2 minutes MarketsFarm — While optimism towards the ‘Phase One’ trade deal between the U.S. and China has continued, its initial impact on the Chicago Board of Trade (CBOT) has diminished, according to one trader. “I think the biggest thing is everyone is on hold wondering, is it real? The actual terms of this [agreement] are still […] Read more


There should be premiums for high-quality milling oats this year.

What to expect from grain companies premiums and discounts

Prices for different grades and protein levels are likely to vary by region throughout the crop year

Reading Time: 4 minutes As harvest continued late into this fall, Prairie grain buyers continued to sort out what they would pay for this year’s crop. “Currently, grain company discounts and premiums for grade and protein are variable and changing almost daily as they try to determine what they can pay for these grains, what they will be able […] Read more

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Balance sheet tightening

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


Canola in swath near Starbuck, Man. on Aug. 10, 2019. (MarketsFarm photo by Glen Hallick)

StatsCan report puts canola production at lowest since 2015

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

ICE Futures January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola steady, awaits news

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


CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures drop sharply

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

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CBOT weekly outlook: Impeachment process stifles markets

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