The early-season buying spree that was prompted by this year’s drought appears to be over, at least for the time being
Flax prices have come off of their highs as the market undergoes a reset, says a processor of the crop. “It seems to be easing off now because we’re just at some values that are just so, so high,” said Kevin Dick, president of All Commodities Trading. Prices have dropped to $40 to $41 per […] Read moreFlax
Steam comes out of hot flax market
Flax prices have come off of their highs as the market undergoes a reset, says a processor of the crop. “It seems to be easing off now because we’re just at some values that are just so, so high,” said Kevin Dick, president of All Commodities Trading. Prices have dropped to $40 to $41 per […] Read more
New crop contracts attractive for those not scared off by 2021
Don’t give up on new crop contracting. Any other year, the new crop prices emerging for 2022 would be a dream come true. Any other year, these sorts of values would generate a sign-up frenzy. Instead, producers are hesitant and wary and you can’t blame them. New crop yellow peas are being quoted in the […] Read more
‘Varying variability’ prompts seed planning advice
Producers may want to look into their seeding plans early this year, even though there’s no obvious shortage of seed varieties. However, with a turbulent market, anything can happen. Jake Ayre of Southern Seed in Minto, Man., said getting things sorted now can prevent disappointment in the spring. “On any given year, we encourage farmers […] Read more
Flax crop takes hit
WINNIPEG (MarketsFarm) — Prices for flax have skyrocketed this year as production falls and demand increases, says Dale McManus of Johnston’s Seeds in Welwyn, Sask. He said Johnston’s was paying $38 per bushel for golden flax picked up off of the farm and brown flax was fetching $36 to $37 per bushel. Growers in Saskatchewan […] Read more
Some producers may seed back-to-back pulses
Editor’s note: This column was written prior to BASF releasing its message to Growers found here. An array of unusual considerations will go into next year’s crop rotations and there will be some atypical choices. One big consideration for many growers will be herbicide residue. In a dry year, many herbicides with residual activity persist […] Read more
Crop return story has both good and bad sides
What will be your best paying crop this year? Here’s a look at how various crops compare based on average yields and current prices. For this analysis we’ll use the yields being reported by the Saskatchewan Ministry of Agriculture based on a network of crop reporters. Prices have been volatile with some continuing to increase […] Read more
Chickpea prices may have room to grow
Most in the trade believe Statistics Canada’s total supply estimate for 2020-21 of 500,000 tonnes is too high
The chickpea bull run likely has a little more runway, says an analyst. “It looks to me like there is still more upside possibly but maybe not up to those record levels that we had a few years ago,” said Chuck Penner, analyst with LeftField Commodity Research. Prices topped 65 cents per pound in 2017. […] Read more
Flax processor to close in Man.
A flax-processing plant in southern Manitoba will shut its doors at the end of 2021. Schweitzer Maudit, SVM, a materials company that manufactures papers, adhesive tapes, resins, nets and other products, has operated its Manitoba plant since 1985. A company representative confirmed it will close in four months. “We have made the decision to close […] Read more
Wheat and more wheat, multiple varieties in one field
Researchers have found that several wheat varieties mixed in the same crop offer disease and insect protection
Growing multiple varieties of wheat together can reduce disease pressure as much as a fungicide application does, according to research out of Pennsylvania State University. Julie Baniszewski led the research project that compared a wheat crop composed of four different varieties, to a single wheat variety that received a fungicide application, as well as a […] Read more
