Radar is clear across Western Canada with the exception of the Peace River region which is reporting light snowfall. The high pressure ridge over the Prairies will keep the region mostly dry over the next week. The system in the Peace will quickly move southward today into southern Alberta. There will be a band of light […] Read more
Farm business
Prairie Weather
Interest rate outlook steady despite turmoil at U.S. Fed
Central banks lowered interest rates in 2025 as inflation weakened, but the outlook for this year is clouded as American tariffs remain a wild card in determining the direction of inflation and employment.
AM Market Report – January 21, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE Grain markets are generally firmer coming into this morning. Short-covering was featured in the grain futures markets overnight. ICE canola futures are posting early gains of $3 to $4/tonne. Chicago soybeans are bouncing nicely this morning…up 6 to 11 cents/bu, led by the nearby contracts. […] Read more
The Good, Bad & Ugly
The Good: U.S. soymeal exports were strong at 305,162 tonnes last week, while export sales were even stronger at 340,579 tonnes. The total soybean meal exports to date are a record 4.7 million tonnes. Outstanding meal sales are 4.7 million tonnes which brings total commitments to 9.4 million tonnes which is a new record. The […] Read more
Monette Farms selling more land
The large Saskatchewan-based operation says 16 farms are available
Monette Farms is offering more land for sale, according to a notice circulating online.
AM Market Report – January 20, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are rallying $4 to $5/tonne higher to start this morning, despite a more hesitant tone of re-opening US grain markets. Canola seems to be deriving ongoing support from Friday s announced Canada-China trade agreement. Chicago soybean futures are starting the morning a […] Read more
The Good, Bad & Ugly
The Good: The Canada-China agreement last week provided good news for canola exports when the tariffs drop to 15 per cent on March. China has reportedly already purchased one vessel (panamax size) with many more deals likely to be done after the beginning of March. Historically, canola exports to China during the March to July period […] Read more
AM Market Report – January 19, 2025
GOOD MORNING…HERE IS YOUR MORNING MARKET NEWS OVERNIGHT GRAIN TRADE ICE canola futures are trading near steady to almost $2/tonne higher this morning, with upward momentum fading from the overnight highs posted a few hours ago. But canola futures continue to trend higher in January after bouncing of their late December lows…helped along by Friday […] Read more
Prairie Weather
There is little in the way of precipitation showing on radar this morning as the high pressure system builds into the central Prairies. This ridge will result in minimal precipitation for the Prairies over the next five days. The next system will push across the northern Prairies beginning tomorrow which will bring light precipitation to […] Read more
On-farm use of artificial intelligence can see tax benefit
By combining machine learning, robotics and predictive analytics, farmers are gaining financial benefits by improving crop yields and reducing costs, all while protecting the environment.
