Chuck Penner, an analyst with LeftField Commodity Research, noted that the survey was conducted before 2023 crop insurance coverage levels were set.
Markets

Chinese rapeseed acres could explode
The development of a winter variety that could be a second crop for rice producers threatens Canadian canola exports
Jeremy Welter, a director with the Agricultural Producers Association of Saskatchewan, said he is excited for Chinese growers because it could increase their revenues. However, he is not thrilled by the prospect that it could reduce revenue on his farm near Kerrobert, Sask.
Indian lentil import expectations mixed despite big crop
Rahul Chauhan, analyst with IGrain India, thinks India’s 2023-24 imports will fall to 650,000 tonnes from the estimated 770,000 tonnes purchased in 2022-23.

U.S. hemp industry hopes for better times ahead
More serious players are looking at the food and fibre markets now that the CBD oil craze seems to have run its course
From about 2017 to 2020, thousands of new players entered the hemp business in America, hoping to capitalize on claims that growing, processing and selling hemp CBD would become a massive industry.
Uncertainty throws cold water on organic market
Prices have been dropping and buyers are waiting to see where they end up.

Computer chips made in Taiwan are a vital farm input
Whether or not you’re keen to think about it, the risk of a Taiwan war is something farmers need to prepare for. The conflict might strike closer to home than you expect.

El Nino may not have much of an impact on wheat yields
Will an early El Nino impact Canadian spring wheat yields?

Boeing high on renewable aviation fuel potential
U.S. Environmental Protection Agency says renewable jet fuel produced from canola oil cuts emissions by 59 to 67 percent
Sustainable aviation fuel is by far and away the most effective carbon emissions mitigation tool, reducing emissions by 55 percent.WP livestock report
Hogs The U.S. national live price average for barrows and gilts was $53.64 April 21, up slightly from $53.04 April 17. U.S. hogs averaged $66.02 on a carcass basis April 21, down from $68.63 April 17. The U.S. pork cutout was $80.43 per hundredweight April 21, up from $77.61 April 17. 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 www.canfax.ca. Fed prices still strong Western Canadian fed prices have rallied for 19 consecutive weeks, gaining $43 per […] Read more