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The industry hopes Mexican consumers will start demanding omega 3 milk and eggs from cows and chickens being fed flax.  |  Paul Yanko photo

Flax sector eyes Mexican market

The flax industry is attempting to become less reliant on its top three markets. China, the United States and the European Union have dominated exports for many years. Shane Stokke, chair of the Saskatchewan Flax Development Commission, said the industry needs to bolster demand from other countries in order to support prices. Mexico is one […] Read more

Market development work has helped expand demand for Canadian oats abroad. For example, exports to Mexico increased to nearly 180,000 tonnes in 2018-19, up significantly from the five year average of 42,000.  |  File photo

Expected increase in oat acres could see drop in prices

A leading oat market analyst says Canadian oat plantings could increase by five to 10 percent this year, a scenario that would almost certainly result in higher ending stocks and lower oat prices. Analyst Randy Strychar said per-acre returns on oats remain relatively strong compared to per-acre returns on spring wheat. On the surface, that […] Read more

Marlene Boersch, managing partner with Mercantile Consulting Venture, believes Canada will export 9.55 million tonnes of canola this year.  |  File photo

Analyst downgrades canola carryout estimate

Agriculture Canada expects ending stocks of 3.5 million tonnes, but a markets observer says it will be only one million

Canola carryout is going to be plenty tight despite a downward correction in how much seed Canadian crushers have been consuming, says an industry analyst. Marlene Boersch, managing partner with Mercantile Consulting Venture, forecasts slightly more than one million tonnes of ending stocks in 2019-20. That is a fraction of the 3.5 million tonnes that […] Read more

Lack of snow cover has left Russia’s wheat crop vulnerable to winterkill if temperatures plummet.  |  File photo

Russia raises eyebrows with talk of limiting grain exports

As Western Canada endured record-breaking cold last week, much of Russia and Europe enjoyed milder than normal weather. And as we parse the words of our federal leaders for their potential foreign policy and trade reactions in foreign capitals, it is interesting to note that that there are sensitivities everywhere. Last week India, the world’s […] Read more

Manitoba Agriculture’s cost of production data for 2020 found corn to be the most profitable of all large acre crops grown in the province, but also number one on the list of insurance risks.  |  File photo

Corn and oats most profitable in Man., but corn most risky

Looked at one way, oats and corn are the obvious best big-acreage crops to sow this spring. Looked at another way, the two crops are both likely to be profitable for farmers on the eastern Prairies. Looked at still a different way, oat crops look super-safe to grow and corn looks super-risky. It’s all a […] 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 Feeder prices remained steady this week, but offerings were low because many regular auction sales were cancelled […] Read more

WP livestock report

Hogs The U.S. national live price average for barrows and gilts was $39.37 per hundredweight Jan. 17, up from $38.99 on Jan. 10. U.S. hogs averaged $50.79 on a carcass basis Jan. 17, up from $50.43 Jan. 10. The U.S. pork cutout was $75.47 per cwt. Jan. 17, up from $74.50 Jan. 10. The estimated […] Read more

Green peas are currently trading around C$12 per bushel, while yellow peas remain in the C$6.50 to C$7 per bushel area. | File photo

Uncertainty pervades pulse market

Winnipeg (MarketsFarm) – The price spread between green and yellow peas continues to widen in Western Canada, but whether or not that trend will continue remains to be seen. Numerous outside factors lend a general air of uncertainty to the pulse market, according to a pulse trader. Green peas typically trade at a premium to […] Read more

Excessive monsoons rains, followed by above average post monsoon rains have hurt production, according to a report. | Flickr/McKay Savage photo

India pulse estimates improve, but production still down

WINNIPEG, (MarketsFarm) – Things are still not looking good for India’s kharif (summer) production, and in particular pulse crops. Excessive monsoons rains, followed by above average post monsoon rains have hurt production, according to a report. The excessive rains resulted in flooding in 13 states in India and the National Bulk Handling Corporation (NBHC) estimated […] Read more

Jody Carrington, a child psychologist and author, speaks at an event in May 2019 about the importance of connection. | Leigha Graf Photo

Connections: keys to success

Jody Carrington knew what she wanted to do with her life after one of her high school teachers made a significant impression on her. The teacher spoke to the students about a classmate who had recently died. Carrington didn’t recall what the teacher wore, but she remembered how she made her feel. “I wanted to […] Read more