Rye production was up in Quebec in 2018 and one reason was producers have been supplying hybrid rye for feed to the province’s hog industry. “Feed was coming from out west, but now we’re starting to produce the seed itself here,” said André Lussier, who farms near St. Hyacinthe, Que. and is a director with […] Read more
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Tighter StatsCan canola crop won’t affect market: analysts
Canada’s canola production was revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report issued on Dec. 6, but two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a shade firmer, […] Read more
Changing trade truce views leave questions for soy market
The initial positive outlook the United States futures markets had towards the 90-day truce in the U.S.-China trade war is fading and is leaving traders with opposing views on where the Chicago Board of Trade soybean market is heading. In an effort to resolve their countries’ trade war, U.S. President Donald Trump and Chinese President […] Read more
Rye prices are as good as they’re going to get
At more than C$7 per bushel for rye in Western Canada, Cal Vandaele of Vandaele Seed in Medora, Man. believes the price has topped off. “There’s been bids touching C$8,” Vandaele said, adding the price will decline over the winter. “When they start getting into these levels all buyers are going to be hand-to-mouth. Nobody […] Read more
Manitoba Cattle Report: Cattle numbers still increasing at Ashern
Bucking the trend of declining numbers of cattle going to auction; Ashern Auction Mart is still witnessing increasing numbers and expecting more. Located near Ashern, Man. the auction had numbers jump by 21 percent for their Nov. 28 sale according to Manager Kirk Kiesman, and he’s expecting more for their Dec. 5 sale. “I would […] Read more
Corn imports set to drop while Prairie grain prices flat
The market for feed grains in Western Canada is largely flat, but could change soon, according to one commodities trader. “I don’t know if I’m bearish or bullish. I’m kind of flat right now as a trader,” said Evan Peterson of JGL Commodities in Moose Jaw, Sask. Peterson said there are still large imports of […] Read more
Canaryseed market dull, static say experts
Over the last 15 months prices for canaryseed have fluctuated between 20 to 23 cents per pound delivered in Western Canada, and there’s little chance that will change any time soon. To David Nobbs, managing partner of Canpulse Foods in Saskatoon, Sask. and a director with the Canaryseed Development Commission of Saskatchewan, the canary seed […] Read more
Volatile markets waiting to see what Trump, Xi will say at G20
Chicago soybean and corn markets are expected to remain volatile over the next few days, ahead of the G20 Summit in Argentina said one commodities expert. That volatility is fueled by the much talked about meeting between United States President Donald Trump and Chinese President Xi Jinping scheduled for Saturday, Dec. 1. “What is going […] Read more
No big problems with grain transportation so far
It’s so far, so good with grain shipments to the three major Canadian ports according, to a spokesperson with Quorum Corporation, which compiles weekly performance updates on Canada’s grain handling sector. The spokesperson said there not have been any big problems recently, only a few sporadic instances in rail shipments. He said there has been […] Read more
2018 Prairie sunflower harvest delayed by cold, wet weather
For sunflowers it was a tough year that began with dry conditions at seeding time, more dry weather in July and August, only to be topped off by a cold, wet fall. But the quality of sunflowers is said to be pretty good in Western Canada. Darcelle Graham, executive director of the National Sunflower Association […] Read more
