Heavy rains threaten soybean quality

Heavy rains across the American Midwest and a murky outlook on international trade appear ready to drive down the soybean market in the lead-up to next week’s supply and demand report. The United States Department of Agriculture will release its monthly estimates on Sept. 12 and traders have already started to take positions. “We saw […] Read more

A summer of dryness and sizzling heat has apparently taken its toll on canola plants in many areas of Western Canada, according to the latest crop production estimate by Statistics Canada. | File photo

Canola forecast by StatsCan deemed supportive by trade

WINNIPEG – A summer of dryness and sizzling heat has apparently taken its toll on canola plants in many areas of Western Canada, according to the latest crop production estimate by Statistics Canada. In a survey that was compiled in the latter days of July, Statistics Canada pegged canola production for 2018/19 at 19.2 million […] Read more

Harvest is slowly gearing up across the Canadian Prairies, which is expected to pressure prices in the coming days. | File photo

Canola set to bounce around bottom of long-range

WINNIPEG – Contracts on the ICE Futures canola market are bracing for turbulence in the coming days as trade negotiations between Canada and the United States and a looming production report from Statistics Canada takes center stage. According to one analyst, these and other factors may play havoc with the Canadian dollar, which could send […] Read more



Trade uncertainty weighing on Manitoba pork prices

WINNIPEG – The ongoing trade battle between China and the United States, along with the general uncertainty in the global trade market is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined […] Read more


Corn and soybean futures run into strengthening U.S. currency

WINNIPEG – The growing currency crisis in Turkey is starting to impact other economies throughout the world, and by extension commodities like soybeans and corn. As the Turkish lira drops in value many investors have begun to put their money into the United States currency. It’s a common move when markets are troubled as the […] Read more

Most of Saskatchewan's chickpeas are located in the southern portion of the province, where dryness has been an issue for much of the summer. | File photo

Heat blast threatens yields on drought-stressed chickpeas

WINNIPEG – Temperatures as high as 38 C were recorded in the Western Prairies over the weekend, and with that heat comes questions about crop impact. As far as pulses go, lentils and peas are far enough along that the recent heat-wave is unlikely to affect them from a yield perspective, according to Carl Potts […] Read more

Canola fights to stay above C$500 level

WINNIPEG – The ICE Futures canola market continues to take strength from a heat wave that has gripped much of Western Canada, however the results of a looming agriculture report may ultimately determine which direction it goes. On Friday, August 10, the United States Department of Agriculture will release its monthly supply and demand estimates. […] Read more


Prairies to stay mainly hot and dry in August

WINNIPEG – The summer heat wave that has brought excess dryness to much of southwest Saskatchewan and southern Alberta looks set to continue. According to Drew Lerner of World Weather Inc., much of Western Canada will be dealing with a restricted amount of rain and hotter-than-normal temperatures in August. “I don’t think it will be […] Read more

Dwindling diesel supplies could boost price

WINNIPEG – Strong global demand and a looming North American harvest could send diesel prices higher in the coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more