It has been a rollercoaster ride for canola futures in 2023. The year started out on a high, with nearby futures trading at $838 per tonne. LeftField Commodity Research analyst Chuck Penner advised growers attending the Saskatchewan Canola Development Commission’s annual general meeting in January to wait out the market. Other stories in the 2023 […] Read more
Crop Management

EU winter wheat crop gets off to slow start
SASKATOON — The European Union’s winter wheat crop is off to a less than ideal start, according to analysts. Planting in France, which is the largest producer of the crop, has been delayed by excessive moisture. The French ministry of agriculture is forecasting a five percent drop in seeded area in that country, according to […] Read more

Senate passes amended Bill C-234
REGINA — Bill C-234 has passed in the Senate, although it looks far different than when debate began. It was amended twice to remove barns and greenhouses from a carbon pricing exemption clause and to shorten the sunset period of the exemption for propane and natural gas used in grain drying from eight years to […] Read more

Researchers study verticillium yield losses
WINNIPEG — For a few years, canola industry leaders have been worried about verticillium stripe and its impact on crop yields. Reports out of Europe suggest the fungal disease could cause a wide range of losses, anywhere from 10 to 50 percent on oilseed rape. However, the extreme losses are usually confined to a tiny […] Read more

Soybean prices have more upside than corn
SASKATOON — Todd Hultman is picking soybeans over corn in 2023-24. “If you want to hang onto one of them, soybeans definitely have the better bullish potential,” he told farmers attending the 2023 DTN Virtual Ag Summit. The United States Department of Agriculture is forecasting 245 million bushels of U.S. soybean ending stocks in 2023-24. […] Read more

COP28: US-UAE climate-friendly farming effort grows to $17 bln
(Reuters) — Funding for a joint effort by the United States and United Arab Emirates to advance climate-friendly farming around the world has grown to more than $17 billion, the countries announced Dec. 8 at the COP28 climate summit in Dubai. The Agriculture Innovation Mission for Climate (AIM for Climate) was launched in 2021 at […] Read more

VIDEO: New markets, products leave oat growers optimistic
Canada’s oats industry is looking forward to 2024 after a challenging 2023 that saw weak prices, lower acres and a mixed bag of production issues. But with both foreign markets and new product categories like oat milk continuing to expand, farmers, processors, grain companies and others at the Prairie Oat Growers Association annual meeting were […] Read more

India is back in business on peas
SASKATOON — India has temporarily dropped all pea import restrictions and that is breathing life into yellow pea prices. The restrictions have been lifted from Dec. 8, 2023, through March 31, 2024. “This is the first time in roughly six years that India has truly opened up to pea imports,” Greg Cherewyk, president of Pulse […] Read more

Warmer winter projected for key U.S. crop areas, long range predictions less clear
SASKATOON — John Baranick’s crystal ball is cloudier than usual. DTN’s agricultural meteorologist has had trouble finding good analog years to help formulate his winter, spring and summer forecasts for 2024. “We don’t have a whole lot of history to guide us, and the models are kind of all over the place,” he told delegates […] Read more

India suspends pea import duty
UPDATE: December 8, 2023 – 1415 CST – for the latest version of this developing story, click here. SASKATOON — India is temporarily dropping its prohibitive import duty on peas. The 50 percent duty is being removed starting Dec. 8, 2023, through March 31, 2024. “This is the first time in six years that we […] Read more