WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada for the week ended Feb. 6 were up for Canadian Western Red Spring Wheat (CWRS) and Canada Prairie Red Spring (CPRS). Bids for Canadian Western Amber Durum (CWAD) were steady to higher. The Canadian dollar was down by approximately four-tenths of a cent during the week. Average CWRS […] Read more
Glen Hallick
Stories by Glen Hallick
Revising numbers on Brazil’s massive soybean crop
WINNIPEG, (MarketsFarm) – There is one certainty when it comes to Brazil’s soybean crop for 2020/21 – it’s going to be massive. With the harvest well underway, a few recent projections have far exceeded the estimated 117.0 million tonnes produced in 2019/20. The forecasts came out ahead of the next grain harvest survey from Companhia […] Read more
Global population to decline after peaking by 2050
WINNIPEG, (MarketsFarm) – To Canadian journalist and author John Ibbitson, global population growth has been slowing for some time, and it likely won’t hit the 11 billion people by 2050 as envisioned by the United Nations. Ibbitson explained his take on the world’s population at the 37th annual Keystone Agricultural Producers (KAP) general meeting in […] Read more
Feed Grain Weekly: Buyers not looking to make purchases
WINNIPEG,(MarketsFarm) – Feed grain prices were beginning to soften as many buyers don’t have a major need to purchase from growers, said Nelson Neumann, senior trader for Agfinity in Stony Plain, Alta. “There’s still obviously a demand, but buyers are pretty well covered for the February-March timeframe. That’s a window where a lot of growers […] Read more
Looking for more pulses in 2020
WINNIPEG, (MarketsFarm) – Planting intentions for red and green lentils and other pulses were looking good for 2020. However, that might change somewhat because prices have slipped a little, said Marcos Mosnaim of Globeways Canada in Mississauga, Ont. When discussing pulse crops at a farm show in Saskatoon, Sask. last month, Mosnaim said he got […] Read more
Rye production likely won’t increase in 2020
WINNIPEG,(MarketsFarm) – While strong prices served as an incentive for farmers to plant more rye in 2019, one grower believes there won’t be as much production in 2020 due to the wet fall. “Winter cereals got seeded, but not the acres guys were planning,” said Brad White, a Saskatchewan farmer and a director with Winter […] Read more
Australia’s troubled wheat crop
WINNIPEG, (MarketsFarm) – Things in 2019/20 are not looking good for Australia’s wheat crop and it’s not only due to the country’s ongoing drought. As production in Australia has been on the decline, it’s also losing its market share of global exports as the United States Department of Agriculture attaché reported. Released on Jan. 31, […] Read more
Pulse Canada looking to build data inventory for industry
WINNIPEG, (MarketsFarm) – Pulse Canada has undertaken a survey of pea and lentil growers to gauge the environmental footprint and to provide data for a public repository. The survey is a joint project with Alberta Pulse Growers, SaskPulse and Manitoba Pulse and Soybean Growers. The survey is a life cycle assessment of pea and lentil […] Read more
Feed Grain Weekly: Rally in prices likely to end soon
WINNIPEG,(MarketsFarm) – After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities in Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more
Indonesia discovers additional palm oil area
WINNIPEG, (MarketsFarm) – There is 1.70 million more hectares (4.20 million acres) of palm oil plantation area in Indonesia than originally estimated by the country’s Ministry of Agriculture. In turn, palm oil production is expected to increase as well. The total amount of hectares in 2019 was now pegged at slightly more than 16.38 million […] Read more
