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 moreAshley Robinson
Stories by Ashley Robinson
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
Canary seed markets uncertain, defying summer trend
Winnipeg (CNS Canada) – July is usually a month where Canadian canary seed prices weaken as producers dump unsold product onto the market, but this year that might not happen as trade uncertainty around the world is affecting the markets. “We tend to see weakness in July and then strength in the fall, but […] Read more
Canadian pulse exports face market changes
Winnipeg (CNS Canada) – After a year which 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, as of June 17, lentil exports were […] Read more
Prairie wheat bids down as trade tensions weigh
Winnipeg (CNS Canada) – Wheat bids in Western Canada continued their downward spiral for the week ended June 22, as ongoing trade tensions between the United States and China weighed on U.S. futures. Depending on the location, average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$8 to C$11 per tonne […] Read more
Linamar sticks with expansion
WINNIPEG — When Linamar announced it was purchasing MacDon Industries at the end of last year, there was trade uncertainty for Canada. Since then the issues have ballooned, but Linamar isn’t panicking. “We’re trying to look past (the trade uncertainty) a little bit because there’s a lot going on there and we don’t know where […] Read more
CBOT markets in precarious spot over trade concerns
Winnipeg (CNS Canada) – The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10 year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst […] Read more
Prairie lentil market down as crop prospects look good
Winnipeg (CNS Canada) – The western Canadian lentil crop is looking good which has buyers in no rush to lock in contracts. “The crop is germinating well and so (buyers are) not really anxious or worried about having product available in this coming crop year,” said Marlene Boersch, of Mercantile Consulting Venture. The crop report […] Read more
Trade war a drag on canola
WINNIPEG (CNS Canada) – ICE Futures Canada canola contracts were mostly down Tuesday morning as the United States and China trade war raged on. The nearby July canola contract however was higher. In the tit-for-tat trade war, U.S. President Donald Trump fired back at China, announcing another 10 per cent in tariffs on US$200 billion […] Read more
Farm input pricing available in Canada
Winnipeg (CNS Canada) — When it comes to inputs — seeds, chemicals and fertilizer — it is easier in some parts of Canada to find out if producers are getting a good deal. In Alberta and Ontario there are publically available farm input surveys, which provide average prices for farm inputs. Across the rest of […] Read more
