Reading Time: 2 minutes There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.
Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed
U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop
Fading El Niño to be replaced by La Niña: The Weather Network
Warmer than normal temperatures expected to continue on the Prairies
Reading Time: 2 minutes Fading El Niño weather patterns will be replaced by La Niña conditions heading into the summer, according to the latest seasonal forecast from The Weather Network.
Spring road restrictions coming soon to Prairies
Grain, equipment movement can be affected by road bans
Reading Time: < 1 minute The spring melt across Western Canada will cause disruptions to grain and livestock movement, as seasonal spring road restrictions come into effect across the Prairies.
Pulse weekly outlook: Mixed price movement for Prairie lentils
Australian supply, pricing pressuring old crop red lentils
Reading Time: < 1 minute In the Prairie Ag Hotwire compilation of prices from across Western Canada, as of Feb. 26, Laird lentils added two cents ranged from 57 to 78 cents/lb. delivered depending on the size.
Feed grain weekly: Buyers waiting longer to purchase more grain
U.S. corn shipments continue to put pressure on feed prices
Reading Time: 2 minutes Buying activity for feed barley and feed wheat in Western Canada is moving slowly and prices continue to decline, according to Susanne Leclerc, owner of Market Master Ltd. in Edmonton.
Prairie wheat weekly outlook: Prices down, especially for durum
Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices
Reading Time: 2 minutes Wheat prices across the Canadian Prairies pulled back during the week ended Feb. 8. While there were moderate declines in Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, there were sharper losses for Canadian Western Amber Durum.
Louis Dreyfus plans pea protein plant in Sask
Company also plans to double oilseed crushing capacity at Yorkton site
Reading Time: < 1 minute Louis Dreyfus Company will build a pea protein production facility in Saskatchewan as it invests in plant-based protein as part of a push to diversify its agricultural commodity activities.
Warm seasonal outlook across country
Precipitation expected to be normal across most of Canada
Reading Time: < 1 minute Warmer than normal temperatures are expected to continue across all of Canada through the next three months, according to the latest long-range seasonal forecast from Environment and Climate Change Canada, released Jan. 31.
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Reading Time: 2 minutes Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
Alberta expands livestock drought recovery supports
Only a narrow band of the province remains exempt from the aid program
Reading Time: 2 minutes The 2023 Canada-Alberta Drought Livestock Assistance initiative, funded through the AgriRecovery framework by the federal and provincial governments, offers payments of up to $150 per head to livestock producers who have 15 or more animals per type of livestock, and have altered usual grazing practices for more than 21 days due to drought.
A message from April Stewart, Country Guide's Associate Editor
