Reading Time: 2 minutes As high-level trade talks are underway in Beijing this week between the U.S. and China, commodity markets are watching carefully, said an analyst following the Chicago Board of Trade. “All eyes are on March 1,” said Steve Georgy of Allendale Inc. Should negotiators fail to make any progress toward resolving the U.S./China trade war, the […] Read more
CBOT weekly outlook: All eyes on March 1 trade deadline
U.S. shutdown sends grain traders, farmers hunting for data
Reading Time: 3 minutes Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size of U.S. soybean stockpiles, among […] Read more
December StatsCan report could vary from years past
Reading Time: 2 minutes CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more
Canary seed market seen as dull, static
Reading Time: 2 minutes CNS Canada — Prices for canary seed over the last 15 months have fluctuated between 20 and 23 cents/lb. delivered in Western Canada, and there’s little chance that will change any time soon. To David Nobbs, managing partner of Canpulse Foods in Saskatoon and a director with the Canaryseed Development Commission of Saskatchewan, the canary […] Read more
Alberta farmers try to wrap up ‘very unusual year’
Reading Time: 2 minutes CNS Canada — As winter approaches, producers in Alberta are still in the fields trying to wrap up the last bit of the 2018 harvest. According to the final crop report issued by Alberta Agriculture and Forestry, about six per cent of all crops were still in the field at the end of October. The […] Read more
CBOT weekly outlook: Markets quiet heading into holidays
Reading Time: 2 minutes CNS Canada — Traders aren’t expecting much to move corn and soybean markets in upcoming weeks as the U.S. moves into holiday mode. “These markets are going to just be very choppy and of course we’re going into December and nobody likes to work (during the holiday season). There’s more parties, Washington goes on Christmas […] Read more
U.S. grains: Soybeans higher on slow harvest pace
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up […] 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
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
Prairie feed grains drying out, influx of U.S. corn continues
Reading Time: 2 minutes CNS Canada – While plenty of wheat and barley are being downgraded to feed quality in Western Canada, as harvest nears the end crops are starting to come off dry. “In general, the sunshine and weather has progressed us fairly quickly. Grain toward the end was even coming off dry, so everyone seems content that […] Read more
A message from April Stewart, Country Guide's Associate Editor
