Statistics Canada raised its forecast for this year's canola seeded area to 22.7 million acres, which was well above the 21.383 million forecasted prior to seeding and only slightly below the record 23.0 million planted in 2017. | Paul Yanko photo

Canola seeding up, soybeans down

Winnipeg – ICE Futures Canada canola contracts held within a rather narrow range during the week ended June 29, with only the nearby July contract seeing some wide price swings as traders exited the front month before its expiry. Aside from the month-end spread trade, positioning ahead of a number of key reports kept activity […] Read more

Canadian farmers likely planted more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on June 29. | Robin Booker photo

Canadian canola area likely above earlier projection

Winnipeg (CNS Canada) – Canadian farmers likely planted more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on June 29. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger, of FarmLink […] Read more

Canola rebounds after losses

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were stronger on Wednesday, correcting from recent losses as supportive technical signals and solid end user demand provided support. Prairie weather concerns added to the firmer tone, with heat and dryness causing crop stress in some areas. However, forecasts calling for much needed rain in some […] Read more


Weekly Manitoba Cattle Report

Winnipeg(CNS Canada) – With summer officially here, most Manitoba cattle are out to pasture and not moving through the auction rings. Many yards closed for the season or are running on a more relaxed scheduled. Less than a thousand head of cattle were sold in the province during the week. Prices held reasonably steady for […] Read more

Canola crush margins deteriorate

Winnipeg (CNS Canada) – Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit-margins. As of June 18, 2017, the Canola Board Crush Margin calculated by ICE Futures Canada was about […] Read more


Ample supply keeps oats under pressure

Winnipeg (CNS Canada) —Canadian oat crops are in reasonably good shape following recent rains, although prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the 3.20 million seeded the previous […] Read more

Better crop conditions weigh on spring wheat bids

Winnipeg (CNS Canada) – Hard red spring wheat bids in Western Canada moved lower during the week ended June 8, as improving North American crop conditions weighed on Minneapolis spring wheat futures. Depending on the location, average Canada Western Red Spring (13.5 percent CWRS) wheat prices were down by C$3 to C$7 per tonne across […] Read more

Canadian mustard looking to rebound, if weather cooperates

Winnipeg(CNS Canada) – Canadian mustard acres may be up on the year, but key growing regions missed out on recent rain and will need more moisture as the season progresses in order to prevent a repeat of 2017’s drought stricken crop. “Mustard was offering some profit potential compared to some of the other options out […] Read more


Feed grains slip, but still solid overall

Winnipeg (CNS Canada) – Feed barley prices may have come down slightly from their highs earlier in the spring, but remain solid overall, according to an Edmonton-based merchant. Dry weather and the late spring created some uncertainty in the market, and led to opportunities for some growers, said Samantha Metcalfe, a grain trader with Market […] Read more

Large U.S. pulse crop possible, despite reduced acres

WINNIPEG — Farmers in the United States may have planted fewer pulse acres in 2018 compared to the previous year, but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. In addition, a return to average yields would still result in big supplies overall after poor crops in 2017, […] Read more