WINNIPEG – As the winter wheat harvest is finishing up in Manitoba, initial reports are that yields are lower than in years past. “It was a disadvantage with the winter and with the weather conditions this summer it’s been pretty dry…so between the two, it’s kind of reduced yields,” said Doug Martin, chairman of Winter […] Read more
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Manitoba winter wheat yields down
Shortages expected for Prairie feed barley market
WINNIPEG – Sales have slowed for feed grain buyers in Western Canada, as concerns continue to mount about feed shortages. “The confidence from the farmer is not (there anymore). He just wants to see some crop come into his bin. So we’ve definitely slowed in our buying,” said Brandon Motz, sales manager at CorNine Commodities […] Read more
Shortages expected for Prairie feed barley market
WINNIPEG – Sales have slowed for feed grain buyers in Western Canada, as concerns continue to mount about feed shortages. “The confidence from the farmer is not (there anymore). He just wants to see some crop come into his bin. So we’ve definitely slowed in our buying,” said Brandon Motz, sales manager at CorNine Commodities […] Read more
Feed shortages could mean early fall run
WINNIPEG – After low yielding hay cuts have left Manitoba cattle producers scrambling to find hay to buy, some producers are starting to consider their options including selling earlier than usual this year. “I would say there’s definitely concern for sure. I’m not saying it’s in dire, desperate need today, but there’s definitely concerns of […] Read more
Pulses feel pressure from rising ending stocks
Carry-in stocks are expected to increase for the 2018-19 marketing year because of the slow pace of Canadian exports
Increasing pulse ending stocks are going to continue to play into pulse crop prices in Canada, according to the latest update from Farm Credit Canada’s ag economics team. “We’re still expected to see ending stocks increasing, so as we continue to see that ending stocks increase, that stock-to-use-ratio that we’d see in Canada is going […] Read morePrairie wheat bids march higher
Winnipeg – Hard red spring wheat bids in Western Canada continued their climb upwards for the week ended Aug. 2. Heat and dryness concerns throughout Europe, the Black Sea region, and Australia continued to drive the United States futures markets higher during the week. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices were […] Read more
AGT plans to privatize company
Saskatchewan-based AGT Food and Ingredients Inc. has said it intends to privatize. The company announced in a July 26 news release that it had received a non-binding proposal from a group led by Murad Al-Katib, president of AGT, to privatize the company. Under the proposal, the group would acquire all the issued and outstanding common […] Read more
CBOT soy market waiting on trade war
It’s currently a wait and see game for traders who trade corn and soybeans on the Chicago Board of Trade (CBOT). “It looks like we’re going to be concerned a lot about what happens with our friends from China here in the short term,” said Jack Scoville, with Price Futures Group in Chicago, Ill. on […] Read more
Canadian pulse exports face market changes
Pea sales to India have slowed considerably, while China became Canada’s number one buyer this year
WINNIPEG — After a year that saw Canada’s largest pulse importer, India, impose import tariffs, Canadian pulse crops are seeing a shift in export dynamics. Lentil and pea exports in Canada are down this year compared to last. According to data from the Canadian Grain Commission, lentil exports as of June 17 were at 264,200 […] Read more
Prairie wheat bids down with U.S. futures
Winnipeg – Wheat bids in Western Canada were down for another week, as trade tensions continued to weigh on American futures markets. Depending on the location, average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$6 to C$13 per tonne across the Prairie provinces, according to price quotes from a cross-section […] Read more
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