Highlights of Crop Production Week and CropSphere 2014

Here’s a brief look at some of the highlights of Crop Production Week and CropSphere 2014.

• Simpson Seeds believes canaryseed production was 138,500 tonnes, up from Agriculture Canada’s forecast of 119,000 tonnes. Prices forecast to be stable to slightly down.

• Mexico isn’t budging on quarantine weed seed stance on canaryseed shipments and exporters have no recourse in terms of re-sampling or re-grading.

• Saskatchewan soybean expert said variety choice is crucial but growers should also make sure to plant seed only when soil temperature at seeding depth is 10 C.

• Second generation Roundup Ready soybeans really do deliver on promise of more seeds per pod, said Garry Hnatowich.

• Saskatchewan has a soybean marketing advantage over U.S. and Brazil because sailing time to China from Vancouver is 17 days shorter than Baton Rouge, U.S. and 39 days shorter than Santos, Brazil.

• China is expected to increase soybean demand by 47.6 million tonnes over the next 12 years, says Mercantile Consulting Venture analyst Marlene Boersch.

• SaskCanola approved a resolution to explore the pluses and minuses of moving to component pricing for canola, where growers would get paid a premium for high oil content.

• Outgoing chair of SaskCanola thinks growers are suffering from levy fatigue and it’s time for the various commissions to explore more joint ventures.

• Canola growers are upset that the Canola Council of Canada has come out with a “bold” 2025 production target at a time when growers can’t move what’s on their farms.

• SaskCanola is at odds with the Canola Council of Canada’s position that shorter rotations are sustainable.

• Weather expert Drew Lerner is forecasting dry conditions for the spring in western Saskatchewan and eastern Alberta and dry conditions in the summer all across the northern Prairies.

• Weber Commodities is forecasting up to four million acres of peas and three million acres of lentils in 2014 as growers shy away from spring wheat.

• Larry Weber believes yellow peas will be in the $5.50 to $6.50 per bushel range for the remainder of 2013-14, green peas in the $10 to $12 range, green lentils around 20 to 23 cents per pound and red lentils about 18 to 21 cents.

• Conference Board of Canada is optimistic about the global economy for the first time in five years, forecasting three percent growth in the U.S, and 2.4 percent in Canada. The European Union should post the first positive growth in years.

• Flax will probably be the crop that generates the best gross revenue in 2014, said Chuck Penner, president of LeftField Commodity Research.

• Penner is forecasting a 30 to 50 percent increase in flax acres in 2014 but that won’t be too burdensome if there is a return to average yields.

• Penner is forecasting that flax prices will remain stable in 2014, somewhere in the $11 to $13 per bushel range. That is close to where prices were in 2011 and 2012, which is a far better price outlook than most crops.

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