OUTLOOK, Sask. — An experienced hemp grower says first-time growers should consider semi-dwarf varieties. Larry Marshall, who farms at Shellbrook, Sask., told attendees of a recent field day at the Canada-Saskatchewan Irrigation Diversification Centre, where variety trials of hemp are being grown, that shorter crops are easier to manage. He said he noticed that the […] Read more
WP livestock report – August 2, 2018
HOGS The U.S. national live price average for barrows and gilts was US$49.43 per hundredweight July 27, down from $53.34 July 20. U.S. hogs averaged $62.50 on a carcass basis July 27, down from $76.61 July 20. The U.S. pork cutout was $76.97 per cwt. July 27, down from $85.52 July 20. The estimated U.S. […] Read more
Record canola harvest forecast
Canola could see record production this harvest, said Neil Townsend of FarmLink. The Grain World crop tour, sponsored by FarmLink Marketing Solutions, completed its annual drive through the prairie provinces July 24-26. Market analysts reviewed the information and released their projections in Saskatoon July 26. “We took canola up almost four bushels an acre (38.2 […] Read more
Canola takes it in jaw from U.S. China seesaw
Rumours yesterday about Sino-American trade improvements were dashed by reality today carrying soybeans lower in the markets by about 2 percent. Canola followed the leader down and ended $5 per tonne lower for November at $495.80. January to May ended above $500, ranging from almost $503 to $513.50. Corn took a hit on the bean […] Read more
Canola closes higher
November canola managed to break $500, rising to $502.80 before setting in at $500.80 after starting the day at $493.90. The big jump was on the coat tails of soybeans, which grew by about 3 percent on the day, as traders began acting on rumours of Chinese and American trade discussions. August soybeans cleared US$ […] Read more
Wheat remains on upward run; canola flat, shallow
Canola was flat to up slightly, with the stronger Canadian dollar, new-market jitters issues and a bit of what appeared to be wariness on the part of traders for the new trading tool based in New York, rather than Winnipeg. That, and the $500 per tonne barrier that appears to be in the way of […] Read more
Canola, corn flat; beans, spring up
Canola made small gains, in the $1 range, on Friday, without a great deal of activity in the market. November canola closed at $493.60, with all 2019 contracts ending above $500. Chicago soybeans appeared to aid canola along with weather and crop reports that are suggesting that a lack of rain is hurting yields. Soybeans […] Read more
Canola rises, wheat falls and tours inform
Canola continued its slow climb up the markets ladder Thursday, as technical trading took over from headline-induced speculation in wheat and elsewhere over the past few days. Drought talk in the American Mid-west and Western Canada also fueled some price support, but it was largely positive sounds from the White House about a levelling-off of […] Read more
More support neededto boost oat research
It is unfortunate that PepsiCo is withdrawing its research funding for oats. The unheralded crop has lost market share over the years to canola in Canada and corn in the United States but the smart money still has a lot of interest in oats. At 3.1 million seeded acres this year in Canada, oats are […] Read more
WP LIVESTOCK REPORT – July 26, 2018
Hogs American national barrow and gilt pricing fell again this past week to an average of US$53.34 per hundredweight from $55.91 the previous week. U.S. carcass prices were also off at $68.07 on a weighted average, down from $74.19. Pork carcass cutouts mirrored the decline, falling about $2.16 to $80.86, f.o.b. plants, from $83.02 and […] Read more
