Canada’s hemp industry will have an eventful year in 2019 as the industry expands with more processing facilities and legislative changes. One of those legislative changes was the legalization of hemp in the 2018 United States farm bill. The bill was passed this week by the U.S. legislators in the Senate and the House of […] Read more
Glen Hallick
Stories by Glen Hallick
Global production changes could drive up fertilizer prices
WINNIPEG— Canadian fertilizer prices are expected to increase as spring nears, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit lower. In making your commitments early, prices tend to edge up as you get closer to spring,” said Don Kitson of International Raw Materials Inc. […] Read more
Rye price has likely hit peak
At more than $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 $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
Differing opinions on quinoa prices in 2019
There are opposing views on what will happen with Canadian quinoa prices in 2019. One buyer believes the specialty crop will increase a few cents per pound, while another believes the price will slightly decrease in the New Year. Dan Boulton of NorQuin in Saskatoon, Sask. said there is a world shortage of quinoa, which […] Read more
What happens in India to determine pulse market
When it comes to Canadian pulse crops David Newman of Commodious Trading in North Saanich, B.C. said producers, speculators and processors are long and that has been of great concern to him. “You have everybody wanting to sell and you better hope that there’s someone there to take all of it,” he said. The wildcard […] Read more
Western Canadian wheat bids rise with U.S. futures
Wheat bids in Western Canada were up for the week ended Dec. 7, as strength in the Unites States futures provided support. Average Canadian Western Red Spring (13.5 percent CWRS) wheat prices were up C$5 to C$7, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes). Average […] Read more
Quebec rye production on the rise
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
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
