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Amid strong demand for Canadian grain and attractive cash prices for some bulk commodities, especially canola and durum wheat, more farmers are selling grain directly off the combine, setting an unusually fast pace for late-summer grain exports. | Reuters photo

Prices remain higher than normal as farmers’ off-combine sales surge

Cereals, oilseeds and pulse crops are expected to continue to move quickly through the grain-handling system, keeping pace with the unusually rapid shipments we saw this summer. Analysts say lingering concerns that a second wave of COVID-19 could disrupt supply chains later this year have prompted international grain buyers to secure supplies earlier than usual. […] Read more

Lentil ending stocks are expected to climb to 311,000 tonnes, well below the 716,000 tonnes seen in 2018-19 and the 873,000 tonnes the year before that.  |  File photo

Prospects bright for lentil prices

Demand is steady, and the usual harvest delivery pressure hasn’t materialized because of depleted carryout stocks

There is upside potential for green lentil prices, but the outlook for reds is not as good, says an analyst. “It’s certainly a crop that would be more vulnerable than greens this year into the fall,” Marlene Boersch, managing partner of Mercantile Consulting Venture, told the 500 delegates from 31 countries attending the Canadian Special […] Read more

Pea prices wait for change in Indian demand

The country’s import quotas and tariffs are still in place, but there are signs they might be easing due to tight supply

Indian demand will be the tipping point in the pea market this year, says an analyst. Chuck Penner, analyst with LeftField Commodity Research, has penciled in miniscule demand from Canada’s former top customer in 2020-21 due to the country’s punitive import quotas and tariffs. But there are signs that the country could eventually reduce or […] Read more

Analysts disagree on direction chickpea market may take

Expect more price doldrums in the kabuli chickpea market, says an analyst. Huge 2019-20 carryout volumes in Canada and the United States will lead to continued stagnation, Chuck Penner, an analyst with LeftField Commodity Research, told delegates attending the Canadian Special Crops Association’s virtual annual convention. Statistics Canada is estimating 240,000 tonnes of Canadian chickpea […] Read more

Canada could sell wheat to the United States if that country drained supplies while meeting Chinese demand, but large carryout and a good quality crop south of the border makes that unlikely.  |  File photo

U.S. wheat growers hit sales jackpot in China

Increased exports are attributed to the trade agreement signed by the two countries, but Canada is unlikely to benefit from that development

The United States has been selling wheat to China like gangbusters in early 2020-21. There is already 1.47 million tonnes on the books as of Sept. 10, a 2,357 percent increase over year-ago levels. “China is definitely in the market,” said U.S. Wheat Associates (USW) spokesperson Steve Mercer. “We have to chalk that up to […] Read more

Recent data showing disappointing canola yields in Canada are helping to lift the value of that crop, but it has lots of additional momentum from rising values for soybeans and soy oil. | File photo

Canola rallying but might hit resistance to going higher

Oilseed values globally, including canola, are rolling higher as demand rises and production forecasts shrink. Recent data showing disappointing canola yields in Canada are helping to lift the value of that crop, but it has lots of additional momentum from rising values for soybeans and soy oil. From the start of August to Sept. 18, […] Read more

A market analyst who has found no compelling reason for prices to surge isn’t spending a lot of time looking in the rear-view mirror.  |  Jeannette Greaves photo

Analysts stick to their guns

It’s OK to be wrong for the right reasons. That’s especially true if you’ve been wrong while sticking with a theory that you believe remains true. That principle was finely demonstrated by two grain market analysts at Canada’s Outdoor Farm Show in mid-September. Both admitted they’d called the grain markets wrong, for extended periods, but […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was not available Sept. 18, but was $40.75 Sept. 11. U.S. hogs averaged $60.26 on a carcass basis Sept. 18, up from $54.40 Sept. 11. The U.S. pork cutout was $87.53 per hundredweight Sept. 18, up from $81.25 Sept. 11. The estimated U.S. weekly […] Read more

Canfax report

This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at Fed prices flat Western Canadian fed prices have been stuck in a $5 per hundredweight trading window […] Read more

COVID-19 has underscored the challenges in rural areas for digital services. But APAS president Todd Lewis said better traditional infrastructure, such as roads and bridges is also required to get goods to market.
 | File photo

APAS asks Sask. election candidates for ag priorities

The Agricultural Producers Association of Saskatchewan has released its election priorities ahead of a provincial election call expected within days. President Todd Lewis said the organization has asked all of the registered political parties for their positions on a number of topics, including infrastructure, improved business risk management programs, environmental issues and opportunities. He said […] Read more