Winnipeg, (MarketsFarm) – Weather-related quality issues with the North American spring wheat crops saw Minneapolis spring wheat futures rally sharply over the past three weeks, with more room to the upside as concerns mount over the state of the crop. The December contract hit a multi-year low of US$4.8650 per bushel at the beginning of […] Read more
Phil Franz-Warkentin
Stories by Phil Franz-Warkentin
Large Manitoba bean harvest delayed by rains
Winnipeg (MarketsFarm) – Manitoba farmers seeded their largest dry edible bean crop in more than a decade this spring, but adverse harvest conditions are causing delays getting it off the fields. “Last week we had some substantial moisture in the Red River Valley,” said pulse specialist Dennis Lange of Manitoba Agriculture. He noted that the […] Read more
Canola deliveries slow down as Canadian harvest drags
Winnipeg (MarketsFarm) – The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sept. 15, according to the latest Canadian Grain Commission data. That marked […] Read more
Grain leaves Churchill
The first grain vessel in four years left the northern Manitoba Port of Churchill on the weekend of Sept. 7-8, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” said Arctic Gateway on Twitter and […] Read more
Statistics Canada forecasts near record corn crop
Winnipeg,(MarketsFarm) – Canada’s corn crop is forecast to be the second largest on record despite a delayed start to spring seeding, as yields showed an improvement from earlier forecasts, according to updated production estimates from Statistics Canada, released Sept. 12. Using a combination of satellite imagery, previous survey data, and agro-climatic data, the latest Statistics […] Read more
Statistics Canada ups crop production estimates
Winnipeg, (MarketsFarm) – Updated model-based production estimates from Statistics Canada released Sept. 12 expect larger yields for most of the major crops grown in the country. While harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more
Chickpeas look OK, prices soft
Canada’s chickpea crop likely beat earlier expectations, but poor prices may limit farmer sales at harvest time. “We planted the crop in drought conditions” and were preparing for the worst, said Colin Young of Midwest Grain in Moose Jaw, Sask., pointing to the lack of subsoil moisture in the key chickpea growing regions of southern […] Read more
Malt barley quality a question as Canadian harvest drags on
Winnipeg, (MarketsFarm) – The quality of Canada’s 2019/20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the […] Read more
Grain leaves Churchill for first time in four years
Winnipeg (MarketsFarm) – The first grain vessel in four years left the northern Manitoba Port of Churchill over the weekend, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” said Arctic Gateway on Twitter and […] Read more
Canadian wheat bids edge lower – harvest and C$ weigh
Winnipeg (MarketsFarm) – Wheat bids in Western Canada edged lower during the week ended Sept. 5, as seasonal harvest pressure and strength in the Canadian dollar weighed on values. The Canadian dollar was up by roughly a third of a cent relative to its United States counterpart on the week. The Minneapolis spring wheat […] Read more
