Markets — page 5

Long-term forecasts for hot, dry summer are worrisome

Red lentil supply depends on Canada, Australia
Australia hopes its crop will recover from last year’s drought and frost, while Canada’s production is expected to be down

India extends exemption on pea duty
Canadian pea growers face 100 per cent import tariff into China so continued access to Indian market is welcome news

Future worries U.S. wheat growers
American producers are concerned that a number of problems facing the sector could end up chasing the crop into Canada

Chickpea supplies tight despite large Australian forecast

Canada may struggle to find markets for its peas
Competition for sales is expected to heat up as Russia expects a bigger crop following last year’s disappointing harvest

Bond markets become antsy over debt financing
Canada is unlikely to be the primary target of bond vigilante action later this year, but the country still needs to be cautious

Wheat prices stuck in a sideways trading range
The crop has been stubbornly static, despite trade threats flying and other commodities taking wild rollercoaster rides

Weather temporarily lifts wheat but damage not confirmed

Canada’s canola supply grows tighter
Analysts say Agriculture Canada may have to cut its ending canola stocks estimate in half in response to booming exports