Prairie Weather

There are a series of light bands of snow falling from northern Alberta to southwestern Manitoba. Amounts from these small disturbances are expected to be small with amounts generally less than 2 mm of water equivalent precipitation. The clipper like system will push across the Prairies today and tomorrow before exiting the region on Friday morning. […] Read more

Funds slowly lifting wheat postion

The wheat markets have been very disappointing this year. The narrative for the market has been one of surplus supplies and record or close to record crops in the most of the major exporting nations.  Record wheat production this year is behind the narrative, but demand for wheat has also remained strong. Managed money funds have […] Read more

Viterra grain handling operations are seen at the Cascadia Terminal in the Port of Vancouver, during the COVID19 pandemic, on April 22, 2020, in Vancouver, B.C., Canada. An update on the company's website, by President & CEO, Kyle Jeworski, explains the company's position as they continue to operate through the global health crisis. (Photo by Adrian Brown/SIPA USA)No Use UK. No Use Germany.

UNDRIP appearing in agriculture sector’s radar

The United Nations Declaration on the Rights of Indigenous Peoples Act is little known but important, in matters such as land use, land access and major projects, among others

Federal government legislation, called the United Nations Declaration on the Rights of Indigenous Peoples Act, could affect future court decisions around public lands, major projects and resource development.


Overnight Trade

Crude oil continues to rally with the nearby contract trading higher this morning at US$66.87 per barrel. Oil continues to rally due to U.S. threats to Iran. The Canadian dollar is trading sideways this morning with the nearby contract at 72.99 U.S. cents. Canola is trading lower this morning with the nearby contract down C$1.30 to […] Read more

Prairie Weather

There is another system pushing into northern B.C. and Alberta which will become the next clipper to impact the Prairies. This system will track further north than yesterday’s system and will result in most of the snowfall pushing into the northern Prairies. The bulk of the snowfall will push into the non-agricultural areas of northern Saskatchewan […] Read more


Corn Exports Lead the Way

U.S. grain inspections for the week ending on February 19 were 2.0 million tonnes, which is the strongest weekly export number since last November. This brings the total exports to date to 37.7 million tonnes. The performance of the grain markets this year have been disappointing but the one bright spot has been the record […] Read more




Sunterra

Alberta-based Sunterra seeks appeal of cheque-kiting decision

In late January, an Alberta King’s Bench justice found the hog, food retail and greenhouse operator and president Ray Price were liable and owed about $35 million

Sunterra Farms has asked to appeal the court decision finding the company and principal Ray Price guilty of fraud against an American lender.

The Good, Bad & Ugly

The Good: Canola futures closed the day up by C$2.30 per tonne with the May contract settling at C$689.00 per tonne. This was good news for canola which continued the rally that began at the beginning of the year. The move higher today pushed the May contract to the highest level since last August. Soybean futures […] Read more