WINNIPEG, (MarketsFarm) – How problematic insects could be in 2020 across the Prairies largely depends on the spring weather, according to three provincial insect specialists. Be the insects grasshoppers, flea beetles, cutworms, or a few other types, their potential to cause significant damage to Prairie crops will partly depend on how dry and warm this […] Read more
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Best not to wait to sell your feed grain
WINNIPEG, Jan. 16 (MarketsFarm) – As warmer winter temperatures are bound to happen, the sooner farmers can sell their feed grain the better, said Nelson Neumann, senior trader at Agfinity in Stony Plain, Alta. “There’s still a lot of high moisture feed grain that’s in storage and frozen,” said Neumann, commenting “I wouldn’t be surprised […] Read more
Argentine soybeans facing tax increases
WINNIPEG, Jan. 8 (MarketsFarm) – When it comes to soybeans in Argentina there were few major diversions between the United States Department of Agriculture’s data (USDA) and that from department’s attaché in Buenos Aires. What may bring changes to the country’s soybean industry are tax increases imposed by the new federal government, according to Benjamin […] Read more
Chicago Board of Trade hopeful for 2020
WINNIPEG, (MarketsFarm) – Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. “For what we went through with China this whole year, this trade war, you had corn, wheat and soybeans close higher for the year on Dec. 31,” stated […] Read more
ICE Canola Weekly: Prices could break out of range
WINNIPEG, (MarketsFarm) – With canola presently near the top end of its range, prices could break out of being range-bound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil […] Read more
Canadian canola crush up 8.5 per cent on year-to-date
WINNIPEG,(MarketsFarm) – Canada’s canola crush is running well ahead of the year ago pace, according to the latest data from Statistics Canada. Four months into the 2019/20 marketing year, which began Aug. 1, more than 3.3 million tonnes of canola have been crushed, according to the report released Dec. 19. That’s a jump of 8.5 […] Read more
Drop in India’s pulse production may see lower import duties
WINNIPEG (MarketsFarm) – There’s a possibility the government of India could lower its import duties on pulses, including those from Canada, according to reports. With India’s monsoon rains having continued longer than usual, production of the country’s kharif (summer) pulse production fell by almost two million tonnes. Prior to the monsoons, market expectations called for […] Read more
Geopolitics again dominating global relations
China’s treatment of Canadian food imports following Meng Wanzhou’s detention is seen as an example of geopolitics
Geopolitics is rearing its head once again, shaping the international landscape, Jason Shapiro said Nov. 27 at the Grain World conference in Saskatoon. Shapiro, who is director of analysis for Geopolitical Futures, said geopolitics, in which policy making becomes heavily dependent on geographic location, held great sway on world affairs from the start of the […] Read moreStatCan lowers production numbers of Ontario’s major crops
WINNIPEG,(MarketsFarm) – Ontario farmers saw most of their crop production reduced in Statistics Canada’s latest crop report that was released on Dec. 6. Surveys for the report were carried out from Oct. 9 to Nov. 17 and are the final production numbers for 2019. Wet conditions this spring in southern Ontario was likely to have […] Read more
With steady feed prices, ample supplies, buyers delaying purchases
WINNIPEG, (MarketsFarm) – With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann, senior trader at Agfinity in Stony Plain, Alta. Neumann said barley currently was around C$223 per tonne Lethbridge delivered and wheat was a little back at […] Read more
