WINNIPEG – ICE Futures Canada canola contracts appear to be tilting to the downside as they enter the Easter break, and will likely need support from a key USDA report if they want to stay in their current range. At 11:00 CDT, Thursday morning, the United States Department of Agriculture is scheduled to release its […] Read more
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ICE Canada Weekly Outlook: Canola looks for support amid bearish signals
U.S. optimistic about quick NAFTA deal, Canada more downbeat
OTTAWA (Reuters) – U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The United States wants to speed up the slow pace of negotiations on the $1.2 trillion North American Free Trade Agreement, […] Read more
Argentine soy, corn harvests begin with low yields reported
BUENOS AIRES (Reuters) – Drought-hit Argentine soy yields are well below historic averages, the Buenos Aires Grains Exchange said on Wednesday, with 8.8 percent of the harvest completed in the central farm belt and little hope of a near-term improvement in the weather. A recent increase in dryness in northern parts of the Pampas agricultural […] Read more
Canadian railways in a catch-22 over crude shipment
March 27 (Reuters) – Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern neighbor. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making […] Read more
Manitoba farmers to give peas a chance
Winnipeg (CNS Canada) – Total Canadian pea acres are likely to be down in 2018 as export challenges have cut into prices. However, Manitoba could be an outlier, with increased area to the pulse crop a strong possibility. “People are interested in growing peas, but there’s caution there,” said Francois Labelle, executive director of Manitoba […] Read more
U.S. Senate leader pushes to legalize hemp
If a powerful politician gets his way, hemp may soon become a normal agricultural crop in the United States. Mitch McConnell, the majority leader of the U.S. Senate, said yesterday that he wants hemp to become an “agricultural commodity.” Those are not just words. McConnell is working on legislation to make it happen. “I will […] Read more
Alberta signs Canadian Agricultural Partnership
Alberta has signed on to the Canadian Agricultural Partnership, which provides $406 million over the next five years. The $3 billion federal CAP program has set priorities to support markets, trade, innovation, sustainability and clean growth. “The investment we are announcing will help Alberta farmers and processors meet the growing needs for the quality food […] Read more
VIDEO: Barn burner
What goes up....
It was a resilient old barn that withstood the brutal lashings of prairie weather for decades. It was erected by John and Wilma Belcher north of Bield, Manitoba, along the south boundary of the Duck Mountain provincial park, and was the centre of the farm’s livestock operations. The first half of the barn was built […] Read more
CCA names new executive
British Columbia rancher David Haywood-Farmer is the new president of the Canadian Cattlemen’s Association. Haywood-Farmer takes over from Dan Darling of Ontario, who is now past-president. Bob Lowe of Alberta becomes vice-president. Haywood-Farmer and his wife, Bonnie, run a cow-calf operation on a century farm at Savona, B.C. He is a past-president of the B.C. […] Read more
Prairie wheat bids follow U.S. futures down
Winnipeg (CNS Canada) – Wheat bids in Western Canada fell for the week ended March 23, taking direction from falling United States futures and a higher Canadian dollar. Average Canada Western Red Spring (13.5% CWRS) wheat prices fell across the Prairie provinces, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more
