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

Seasonals to weigh on canola

Winnipeg (CNS Canada) – ICE Futures Canada canola contracts ran into some major resistance over the past week before turning lower, with more downside possible as seasonal trends should weigh on values. “Seasonally speaking, we’re in the neighborhood where canola makes the turn down,” said Mike Jubinville of ProFarmer Canada, noting that canola typically sees […] Read more

Canola, soybeans end lower

  Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, taking some direction from Chicago Board of Trade soybeans and soyoil. Strength in the Canadian dollar added to the weaker tone in canola, as the currency rallied back above 78 U.S. cents. Bearish chart signals contributed to the declines as the […] Read more


Weekly Manitoba Cattle Report

Winnipeg (CNS Canada) – Manitoba cattle markets are generally holding firm in mid-May, although the seasonal slow-down in the numbers moving through the yards led to some choppiness from animal to animal. “Some cattle were stronger, some weren’t,” said Dave Nickel of the Gladstone Auction Mart, adding that it was hard to get a handle […] Read more

Canadian spring wheat bids down as loonie rises and futures drop

Winnipeg (CNS Canada) – Hard red spring wheat bids in Western Canada moved lower during the week ended May 11, as a rally in the Canadian dollar and losses in the United States futures weighed on values. Forecasts calling for improving moisture conditions in U.S. winter wheat growing regions accounted for some of the selling […] Read more


Statistics Canada pegged canola supplies in the country as of March 31, 2018, at 9.1 million tonnes, which was the second-largest on record for that time of year and about 1.1 million tonnes above the stocks-on-hand at the same point in 2017. | File photo

Canadian canola stocks comfortable, but looking to new crop

Winnipeg, May 11 (CNS Canada) – Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new crop production. Statistics Canada pegged canola supplies in the country as of March 31, 2018, at 9.1 million tonnes, which was the second-largest on record for that time of year […] Read more

The USDA pegged wheat carryout for the upcoming 2018/19 marketing year at 955 million bushels, which was about thirty million bushels above average trade guesses. | File photo

U.S. wheat stocks bigger than expected, now watching weather

Winnipeg (CNS Canada) – A larger-than-expected wheat ending stocks forecast from the United States Department of Agriculture weighed on the country’s wheat futures on Thursday, with attention now squarely on weather conditions. The government agency pegged wheat carryout for the upcoming 2018/19 marketing year at 955 million bushels, which was about thirty million bushels above […] Read more

Canola market mixed last week

Winnipeg (CNS Canada) – It was a bit of a mixed bag in the canola market during the week ended May 4, with the old crop months drifting lower and the new crop contracts steady to higher. Warm and dry weather across Western Canada allowed farmers to start making headway with spring seeding, with cereals […] Read more


Saskatchewan farmers intend to seed 2.171 million acres of peas, which would be actually up slightly from the 2.165 million seeded in 2017. | File photo

Saskatchewan pulse acreage ideas hold firm despite pressures

Winnipeg (CNS Canada) – Disruptions marketing to India may have cut into prices for peas and lentils over the past year, but farmers in Saskatchewan did not shift their acreage intentions for 2018 all that much when it comes to pulses, according to survey results released by Statistics Canada on April 27. Saskatchewan farmers intend […] Read more

Canola had been looking rather expensive compared to other oilseeds, which likely contributed to the softer tone. A drop in Chicago Board of Trade soyoil futures and other world vegetable oil markets also weighed heavily on the market. The threat of a strike at Canadian Pacific Rail was also still a factor in the background. | File photo

Canola futures ignored bullish signals

Winnipeg, MB (CNS Canada) – ICE Futures Canada canola futures had every reason to rally sharply higher during the week ended April 27, but ignored all of the bullish news and drifted down instead. Canola had been looking rather expensive compared to other oilseeds, which likely contributed to the softer tone. A drop in Chicago […] Read more