Markets
Grain corn acres will likely be flat in Manitoba this spring, which isn’t necessarily bad news because 2017 was a record year for acreage. Most growers are feeling positive about corn because yields were better than expected last year. “They’ve had pretty good corn crops the last number of years,” Ron Rabe, an agronomist in […] Read more
Markets
Man. to repeat 2017 big grain corn acres
First look at seeding intentions
A few acres up in the major crops will appear as big reductions for pulses and some special crops this year. However, there are exceptions. Cereal and oilseed acres are expected to increase by about two percent, according to Agriculture Canada’s first seeding intentions analysis of the year. The effect on pulse and many specialty […] Read more
Expansion is scary in uncertain times
Farm investments take many years to pay off. A short-term market disruption can destroy years of careful management and overturn the best production planning. Being blocked from a key buyer, or just seeing prices collapse as a result of a market being blocked, can bankrupt a farm. So how the heck does a farmer today […] 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. Feeders stronger Feeder prices showed strength across the Prairies on calves and the lighter weight stocker market. […] Read more
WP livestock report
Hogs rise The U.S. national live price average for barrows and gilts was US$54.04 per hundredweight Jan. 26, down from $54.33 Jan. 19. U.S. hogs averaged $69.15 on a carcass basis Jan. 26, down from $69.36 Jan. 19. The U.S. pork cutout was $82.78 per cwt. Jan. 26, up from $81.44 Jan. 19. The estimated […] Read more
Canola corrects lower
Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were weaker on Wednesday, backing away from nearby highs as participants booked profits on the final trading day of the month. The nearby March contract hit a session high of C$499 per tonne at one point, but ran into resistance as values neared the psychological C$500 […] Read more
CBOT weekly outlook: Weather affecting U.S. grain markets
WINNIPEG (CNS) – The troublesome weather that gave corn, soybean and wheat contracts at the Chicago Board of Trade (CBOT) a boost over the past week should remain supportive, despite nearby technical setbacks according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with […] Read more
Canola stronger on Monday
By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were stronger on Monday, taking some direction from the Chicago Board of Trade soy complex. With little fresh news of its own canola largely tracked the outside markets, with the strength in soybeans and a weaker tone in the […] Read more
1-million increase in canola acres predicted
Winnipeg (CNS Canada) – ICE Futures Canada canola contracts were weaker on Friday, although activity was thin and choppy with spillover selling from the losses in Chicago soybeans countered by strength in soyoil. A forecast from Agriculture and Agri-Food Canada predicting a one million acre increase in canola area in 2018 compared to 2017 added […] Read more
Canadian farmers to seed more canola/wheat at expense of pulses
Both peas and lentils forecast to see a sizeable reduction in acres
increases in canola and grains will come at the expense of pulses
