Markets
Provincial wheat commission vice-chair expects yields on his southeastern Sask. farm to be 20 bu. per acre below normal
Jake Leguee’s durum crop started out promising with plenty of moisture. “Down in our area it was a struggle getting the crop in,” said Leguee, who farms between Weyburn and Fillmore in southeastern Saskatchewan. “We had a tremendous amount of water lying around after that April snowstorm.” But the weather turned hot and dry starting […] Read more
Markets
Average pulse yields expected to fall this year
The first Canadian pea and lentil yield estimates are out, and they are not encouraging. Chuck Penner, analyst with LeftField Commodity Research, provided his initial forecast in a July 31 article he wrote for Alberta Pulse Growers’ Pulse Market Insight publication. He based his estimates on crop ratings provided by Alberta Agriculture and Saskatchewan Agriculture […] Read more
China officially lifts tariff on Australian barley imports
China has dropped the 80 percent tariff on Australian barley that has been in place since May 2020. That will result in stiff competition for Canada in its top export market. “This is maybe not a bad year for this to happen,” said Peter Watts, managing director of the Canadian Malting Barley Technical Centre. Canada […] Read more
Storms hit China’s crops but too early to calculate damage
A typhoon and tropical storm have dumped enormous amounts of rain on northeastern China, creating damage that recalls crop-wrecking storms in 2020 that helped force the country to increase corn imports. China is assessing the damage caused in late July by Typhoon Doksuri and the heavy rain and flooding that followed. Another typhoon, called Khanun, […] Read more
Ottawa-social media feud may make info harder to find
Rich and powerful men can be silly. It’s been easy to laugh at the antics of Facebook’s Mark Zuckerberg and Twitter’s Elon Musk as they swing handbags at each other, recently challenging each other to a mixed martial arts “cage match.” But the more significant actions of the tech giants are deadly serious for farmers […] Read more
USDA tightens production, carryout estimates
The department’s World Agricultural Supply/Demand Estimates reported little change, although projections fell slightly
WINNIPEG (MarketsFarm) — August figures from the U.S. Department of Agriculture’s World Agricultural Supply-Demand Estimates provided few surprises and not much change after their release on Aug. 11. However, crop production and carry-out estimates were tightened from those in July. The USDA’s 2023-24 corn production estimate declined by 209 million bushels from July to 15.111 […] Read more
Cover crop blend helps keep forage in rotation
A grain and cattle producer from Saskatchewan calls a mixture of 15 different crop varieties ‘Mother Nature’s blueprint’
GALAHAD, Alta. — Cattle producers across the Prairies are beginning to use a mix of several different seed varieties in a single cover crop for high-quality feed, said an agrologist during a field day. “Farmers are looking at it for better yields and high quality feed,” said Adam Smith, sales manager for Covers and Co. […] Read moreWP livestock report
Hogs The U.S. national live price average for barrows and gilts was not available Aug. 10. On Aug. 3 it was $77.32. U.S. hogs averaged $95.95 on a carcass basis Aug. 10, down from $100.55 Aug 3. The U.S. pork cutout was $110.08 per hundredweight Aug. 10, down from $115.63 Aug. 3. The estimated U.S. […] 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 www.canfax.ca. Fed market softens The overall market tone was steady to softer last week as feedlots worked to […] Read more
Average pulse yields expected to fall this year
The first Canadian pea and lentil yield estimates are out, and they are not encouraging. Chuck Penner, analyst with LeftField Commodity Research, provided his initial forecast in a July 31 article he wrote for Alberta Pulse Growers’ Pulse Market Insight publication. He based his estimates on crop ratings provided by Alberta Agriculture and Saskatchewan Agriculture […] Read more
