Stalled demand from a key international buyer has caused a build-up of flax inventories in Canada, with more crops on the way. Demand on the ingredient side of the flax market has been steady, said Mike Popowich of TA Foods in Yorkton, Sask. “But we’ve experienced a bit of a slow-down on the exports. There […] Read more
Stories by Jade Markus
Canadian dairy looks to protect domestic market ahead of NAFTA talks
WINNIPEG — The head of Canada’s dairy industry group highlighted the role of Canadian dairy producers in the domestic market as the potential for trade agreement renegotiations loom. U.S. President Donald Trump said earlier in the year he was considering pulling the U.S. from the North American Free Trade Agreement, but later shifted his position […] Read more
Wet conditions leave Saskatchewan bugged out
Winnipeg, June 1 (CNS Canada) – Seeding delays in Saskatchewan means little buzz-worthy news about insects, but producers should still be scouting fields moving into the growing season. “The bigger issue is that it’s been wet,” said Scott Hartley, insect and vertebrate pest specialist with Saskatchewan Agriculture. That wetness delayed seeding in much of the […] Read more
Loonie likely to buck support from crude, close 2017 weaker
Winnipeg, May 12 – Despite the expectation for stronger crude oil prices, bearish factors are likely to weigh on the Canadian dollar, pushing the currency lower through the end of the year, one analyst says. The Canadian dollar is expected to finish 2017 at around US71 cents. One U.S. would equal about C$1.40, according to […] Read more
India keeps Canadian lentil market at a standstill
Winnipeg, May 9 – Lentil prices are largely stagnant, one market participant says, as key buyer India sits on the sidelines. And from the outside, stocks appear ample, but new-crop production could shift the dynamic of Canada’s lentil market. Statistics Canada stocks data as of March 31 pegged lentil supplies at about 1.1 million tonnes, […] Read more
Analysts weigh in on StatsCan stocks report
Winnipeg, May 5 (CNS Canada) – Stocks numbers from Statistics Canada were bullish for canola and wheat, though the effects of the report on the market may be short-lived, analysts say. Figures for barley, lentils, and peas were above year-ago levels, but movement in those markets are more likely be driven by demand factors. CANOLA […] Read more
‘Shaky start’ to prairie seeding, forecasts for intermittent drying
WINNIPEG — Western Canada will likely see some favourable seeding conditions in the short term, one meteorologist says, though wet pockets in some areas need longer to dry out. “We are getting off to a little bit of a shaky start in some spots, but it looks like the weather pattern is going to get […] Read more
Weather risk expected to keep malt barley seeding low
Winnipeg, April 18 – Concerns about weather dictating the quality of malt barley is keeping producers from seeding the crop this year, one industry participant says, while weak prices offer no extra incentive. “Acres are definitely going to be down, because of the fear of getting feed barley, which is horrendously low priced,” said Rod […] Read more
Canadian peas holding range ahead of coming production
Winnipeg, April 7 – A policy extension from major pulse buyer, India, brought short-term support to Canada’s dry pea market, but values are hanging in a range. In late March, India extended its fumigation policy requirement for three months, allowing the market some breathing room, though officials are still hoping to come to a long […] Read more
Canadian durum in doldrums in wake of global competition
WINNIPEG — Canadian durum prices are at a standstill as the market looks to upcoming production, while domestic crops act as a “wild card,” one Winnipeg-based analyst says. “The durum market is certainly quiet right now. We’re kind of in that period where we’re in a lull,” said Jerry Klassen, manager of the Canadian office […] Read more
