Reading Time: < 1 minute MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more
Pulse weekly outlook: Harvest activity pressures lentils
Pulse weekly: Harvest pressure now hitting lentils
Reading Time: 2 minutes MarketsFarm — As the harvest begins to ramp up across Canada, lentil prices have begun to feel some of the downward pressure. However, to Marcos Mosnaim of Globeways Canada Inc. at Mississauga, Ont. there’s more to the recent declines. “We are feeling pressure from other origins. As United States green lentils are selling much cheaper […] Read more
Feed weekly outlook: Clearer picture of coming crop means lower prices
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat have been trending lower recently, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. While there has been some harvest pressure, Motz said “it’s more of an equalization of the crops. “We got through the crunch of July not knowing exactly where things were at. As […] Read more
ICE weekly outlook: Canola facing resistance ahead of harvest
Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, signalling that the top may be in for the time being as the harvest gets started. “There’s clearly been a shift in canola,” Ken Ball of PI Financial in Winnipeg said of the move away from the early August […] Read more
Pea crops strong, but prices falter
Reading Time: < 1 minute MarketsFarm — Pea crops across the Prairies are expected to be in good condition ahead of the harvest. “As we go along with the sunshine and heat, the pulses are coming in fairly quickly,” said Darwin Hamilton of Kalshea Commodities in Winnipeg. “Without any excess moisture, the quality should be good this year.” Pea prices […] Read more
Pulse weekly outlook: Chickpea prices steady into harvest
Reading Time: < 1 minute MarketsFarm — The chickpea harvest is underway in some areas of the Prairies, including southern Alberta and southwestern Saskatchewan, where pulse crops were planted earlier due to drier spring weather. So far, the chickpea crop has seen co-operative weather conditions. “As we go along with this sunshine and heat, the pulses are coming in very […] Read more
Canadian canola prices spike as shippers find back door to China
'Profits are extravagant... It is like gold oil now'
Reading Time: 2 minutes Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police […] Read more
Feed weekly outlook: Barley bids drop ahead of harvest
Reading Time: < 1 minute MarketsFarm — Seasonal harvest pressure is already weighing on the Canadian feed barley market, with most end users covered for the time being and waiting for the new crop. “We’re seeing buyers fill up” on barley, said Susanne Leclerc of Market Master in Edmonton. Bids were dropping on a daily basis from those still in […] Read more
Pulse weekly outlook: Chickpea market under pressure
Current crop up against disease issues
Reading Time: 2 minutes MarketsFarm — Lost demand due to the COVID-19 pandemic is keeping pressure on the Canadian chickpea market, despite disease issues causing problems for nearly a third of the country’s crop, according to an industry source. After disease caused problems for chickpeas in some areas of southern Saskatchewan in 2019, the radius of the problem area […] Read more
Feed weekly outlook: Belated new crop props up barley
Reading Time: < 1 minute MarketsFarm — Delayed spring seeding means new-crop feed barley has a few more weeks left in the field, which is keeping old-crop prices strong into summertime. “We were expecting new-crop barley in the end of July, but with the later seeding date this year we’re not expecting to see new crop until at least mid- […] Read more
A message from April Stewart, Country Guide's Associate Editor
