WINNIPEG, May 11 (CNS) – Feed barley and feed wheat appear to be settling into seasonal highs, says to a market-watcher in Alberta. “Whether it goes up much more remains to be seen,” said Jim Beusekom of Market Place Commodities in Lethbridge. “Between Easter and May long weekend, we’re probably at a high.” He says […] Read more
Stories by Dave Sims
Analysts’ views of seeding report: record canola area, huge jump in soybean acres
By Dave Sims, Commodity News Service Canada WINNIPEG, April 21 (CNS) – Canadian oilseed acreage is set to boom according to the latest acreage estimates from Statistics Canada. Today, the agency released its Principal Fields Crops Acreage Summary for 2017-18 on April 21. It pegged canola acreage at a record 22.387 million acres, a jump […] Read more
U.S. duty, infrastructure plans keyto keeping diesel prices down
WINNIPEG — Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers this year, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada you’re going to see numbers trickle […] Read more
Diesel prices soften but watching U.S. infrastructure plan
WINNIPEG, March 21 (CNS) – Sinking prices for crude oil and a softer Canadian dollar have kept diesel prices relatively low for Canadian farmers in 2017, and they could be heading lower, as long as U.S. President Donald Trump’s infrastructure plan doesn’t get in the way. “I would probably say in Canada you’re going to […] Read more
Canadian hog prices to rise by summer
WINNIPEG, March 17 (CNS) – Inexpensive feed and a softer Canadian dollar have helped keep Canadian hog prices aloft in 2017. “Right now producers are looking at C$180 to $184 a pig,” said Andrew Dickson, the general manger of Manitoba Pork. “Prices are looking pretty good for June, July, August.” He says by July producers […] Read more
Wet spring may delay early fertilizing plans
WINNIPEG — Last week’s dump of snow in eastern Saskatchewan and western Manitoba will likely push back fieldwork and fertilizer applications on a lot of farms, according to one crop watcher. Keystone Agricultural Producers president Dan Mazier, speaking from a conference in the United States, said only half of the normal amount of fertilizer went […] Read more
Wet spring could hamper fertilizer timetable in Western Canada
WINNIPEG, March 9 – This week’s dump of snow in eastern Saskatchewan and western Manitoba will likely push back fieldwork and fertilizer applications on a lot of farms, according to one crop watcher. Keystone Agricultural Producers president Dan Mazier, speaking from a conference in the U.S., says only about half of the normal amount of […] Read more
Prairie corn acres influenced by spring conditions
By Dave Sims, Commodity News Service Canada WINNIPEG, Feb. 24 (CNS) – Record yields for Manitoba corn last year raised the attractiveness of the commodity for many growers, however the potential for a delayed spring this year could dampen that enthusiasm, according to one industry-watcher. “If we get into a delayed planting situation we may […] Read more
Low quality feed dumped on market
Winnipeg, Jan. 4 – Prices for feed barley and wheat are unlikely to rally strongly anytime soon as farmers across Western Canada continue to dump supplies containing high concentrations of vomitoxin and fusarium into feedlots. “Steady as it goes here is the tone,” said Allan Pirness of Market Place Commodities in Lethbridge, Alta. “We’re looking […] Read more
Record yield to encourage more soybean acres
WINNIPEG, Dec. 13 (CNS) – Soybean acreage looks set to increase next year in Manitoba due to good yields and prices. The expansion comes despite the fact the province is overdue for a killing frost and U.S. acreage is set to grow. “This year we had just over 1.6 million acres planted. Early projections call […] Read more
