Marlene Boersch, managing partner with Mercantile Consulting Venture, advises growers to sell the balance of their old crop wheat at prices of $7.25 per bushel or better but don’t wait too long. You can find all our coverage of Crop Production week 2019 here.
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VIDEO: Optimism creeping into pulse markets – Penner
Chuck Penner, analyst with LeftField Commodity Research, says the doom and gloom in pulse markets is finally starting to be replaced by some optimism. You can find all our coverage of Crop Production week 2019 here.
VIDEO: Flax acreage expected to grow slightly, price mostly stable – analyst
Chuck Penner, analyst with LeftField Commodity Research, anticipates more of the same in the flax market, which isn’t bad. You can find all our coverage of Crop Production week 2019 here
VIDEO: Oats looking good for 2019 – Boersch
Marlene Boersch, managing partner with Mercantile Consulting Venture, says oats should be a good crop to grow again in 2019 and growers should expect prices above $3 per bushel. WP reporter Sean Pratt interviewed Boersch during Crop Production week in Saskatoon. Video of his interview with Boersch can be found below. You can find all […] Read more
Fumigation pulse issue with India remains unresolved
Canada and India have missed the Dec. 31 deadline to hash out an agreement on a longstanding trade irritant. In February 2018, Canadian Prime Minister Justin Trudeau and Indian Prime Minister Narendra Modi agreed to have their respective plant protection officials come to an agreement on the fumigation issue before the end of the year. […] Read more
Russian wheat exports slow
There are signs that Russia is running out of exportable supplies of wheat and that should lead to futures market rallies and continued strengthening of basis levels in the coming months, says an analyst. Bruce Burnett, director of markets and weather with Glacier’s MarketsFarm, keeps a close eye on wheat tenders from the General Authority […] Read more
Small U.S. winter wheat crop likely
American farmers have likely planted another small winter wheat crop, says an industry official. U.S. Growers seeded 32.5 million acres in 2018 and 32.7 million acres in 2017, the two smallest crops in the past 20 years. Prior to those two down years, winter wheat had typically been in the 40 to 45 million acre […] Read more
Pulse group shortfall
Some provincial pulse organizations are being forced to reduce expenditures and draw down reserves as levy dollars dwindle. Saskatchewan Pulse Growers made the decision in 2016 to reduce its mandatory levy to 0.67 percent of sales from one percent. Growers were upset that the organization’s accumulated reserves had reached $26.2 million in 2016-17 during an […] Read more
Farmers advised to lock in their diesel supply this winter
Prices expected to rise next year because of a forecast for colder temperatures and increased demand from ship owners
Now may be a good time to lock in diesel prices, according to a couple of analysts. The average diesel price in Canada was $1.22 per litre as of Dec. 19, the lowest level since March 2018, according to GasBuddy. Diesel has been following crude oil prices lower. The West Texas Intermediate price for crude […] Read more
Anxiety builds over U.S. farm aid
Canadian farm groups are unhappy with the American grain subsidies, but aren’t asking for a similar program at home
Canadian farm organizations are not pleased that their U.S. counterparts are receiving billions of dollars in subsidies, but they’re not doing much about it either. The U.S. Department of Agriculture announced Dec. 17 that it will be doling out another US$4.9 billion in direct payments to grain farmers. “It’s not unexpected. We knew this was […] Read more
