Winnipeg – Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley in Lethbridge, Alta. […] Read more
Phil Franz-Warkentin
Stories by Phil Franz-Warkentin
Canola, wheat all up
Winnipeg – ICE Futures canola contracts settled with small gains on Wednesday, after trading to both sides of unchanged in choppy activity. Advances in Chicago Board of Trade soybeans and soyoil provided some spillover support for canola, while nearby technical signals were also said to be pointing higher. However, canola already moved higher on Tuesday, […] Read more
Canola stronger, wheat mixed
Winnipeg – ICE Futures canola contracts were stronger on Tuesday, seeing a correction after Monday’s declines. Weakness in the Canadian dollar contributed to the gains, as the currency dipped below 75 U.S. cents. A firm tone in Chicago Board of Trade soyoil was also supportive, although losses in soybeans did put some pressure on values. […] Read more
Flea beetles top of Manitoba ‘watch list’ for 2019
Winnipeg – Cold temperatures hitting Manitoba won’t do much to hurt the flea beetles overwintering, leaving the pest as a major concern to watch for for canola farmers next spring. Flea beetle numbers were quite high in Manitoba in 2018, making them “probably at the top of the list of (insects) to watch out for […] Read more
Weekly Manitoba cattle report
Winnipeg – Manitoba cattle auctions were busy during the week ended Jan. 18, with solid prices for the large numbers moving through the rings in most locations. About 4,700 head of cattle were marketed in the province’s major auction yards during the week, which was up considerably from the previous week as activity picked up […] Read more
Canadian canola trade on edge over Chinese tensions
Winnipeg – Canadian canola exports to China are facing some uncertainty, as concerns mount that political tensions between the two countries could spill into trade. The back-and-forth tariff dispute between the United States and China, and resulting decline in Chinese purchases of U.S. soybeans, originally led to ideas that Canada would pick up some of […] Read more
Pulse acreage decline likely in U.S. due to surplus
Winnipeg – Large crops followed by poor export demand has led to burdensome supplies and cut into pulse prices in the United States, which should cut into acreage ideas to peas, lentils, and chickpeas in 2019, according to an industry official. “With the trade issues we’re facing right now, we have quite a surplus,” said […] Read more
Canadian canola demand falling behind year-ago
Winnipeg – Canadian canola exports and domestic usage are both falling behind the year ago pace, according to the latest Canadian Grain Commission data. Canada exported only 63,700 tonnes of canola during the week ended Jan. 6, according to the report. That compares with the average weekly movement during the crop-year-to-date of about 200,000 tonnes. […] Read more
Several factors drive canola lower
Winnipeg – Canola contracts on the ICE futures platform moved lower during the week ended Jan. 11, nearing major chart support as a number of factors conspired against the commodity. Losses in the Chicago Board of Trade soy complex were a major bearish influence on canola, as uncertainty over Chinese demand and looming South American […] Read more
Short-covering boosts canola prior to weekend
Winnipeg, Jan. 11 (CNS Canada) – ICE Futures canola contracts were stronger on Friday, seeing a modest short-covering correction ahead of the weekend. Gains in Chicago Board of Trade soybeans and soyoil contributed to the firmer tone in canola, while a slightly weaker tone in the Canadian dollar was also supportive. However, a lack of […] Read more
