WINNIPEG — Fertilizer prices are expected to be mixed over the next few months, with some types continuing to increase, while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months,” said Chris Lawson, head of fertilizer analysis at CRU Group in the United Kingdom. “We […] Read more
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Lethbridge feedlots start buying U.S. corn
WINNIPEG — As barley prices climb, feedlots in Lethbridge have found a cheaper feed option — corn from the United States. “Price has (pushed feedlots to buy corn). Barley it’s probably $4, $5 a tonne higher than the corn price right now. And the cattle feeder can source corn quite easily and more economically than […] Read more
ICE weekly: Canola to continue downward spiral
Winnipeg – ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November canola contract dipped below the $485 […] Read more
Potato yields not expected to hit record again
Acreage increased in Manitoba and Alberta this year, but prairie growers are not expecting production to follow suit
The potato acreage may have increased this year in Western Canada, but it doesn’t look like it will be the same for yields. “I think overall, it’s too early to tell because we haven’t started the main harvest, but we are not expecting as big of yield as the last couple of years,” said Dan […] Read morePea market has more potential than lentils: analyst
Lentil and pea exports have fallen this year, but peas’ versatility is expected to give them an advantage
With limited uses for lentils, one market analyst sees more potential for the pea market in Western Canada. “On lentils we are really restricted to the edible market,” said Marlene Boersch, managing partner of Mercantile Consulting Venture. “Peas are an incredibly versatile product, so we’re using peas both for human consumption and they are quite […] Read more
Dropping U.S. futures push Prairie wheat bids down
Winnipeg – Wheat bids in Western Canada were down again for the week ended Sept. 7, following the lead of the United States futures markets. While U.S. futures dropped significantly, a weaker Canadian dollar held back losses for Prairie wheat bids. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$1 […] Read more
Global fertilizer market prices vary
Winnipeg – A mixed bag for fertilizer prices is expected over the next few months, as some will continue to increase while others should be drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) […] Read more
Prairie potatoes not expected to hit record yields again
Winnipeg – The potato acreage may have increased this year in Western Canada, but it doesn’t look like it will be the same story for yields. “I think overall it’s too early to tell because we haven’t started the main harvest, but we are not expecting as big of yield as the last couple of […] Read more
Lethbridge feedlots buying U.S. corn
Winnipeg – As barley prices climb, feedlots in Lethbridge, Alta. have found a cheaper feed option – corn from the United States. “Price has (pushed feedlots to buy corn). Barley it’s probably, $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than […] Read more
Sask. lentil yields predicted to be down
After a year of market woes for lentils, it looks as though the yields in Saskatchewan won’t be the best either. “I think overall we would be expecting lentil yields lower than average this year, but it’s hard at this point to put a figure or a number on that,” said Carl Potts, executive director […] Read more
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