WINNIPEG, Aug 11 (CNS) – Manitoba’s dry edible bean crop should come in this harvest with numbers roughly the same as last year, said Dennis Lange, pulse crops specialist with Manitoba Agriculture. “This year, I would say right now, depending on how things settle out in the next little while, we’ll be at least equal […] Read more
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Manitoba’s dry edible bean harvest on track
Prospects look bright for canola prices
Analysts are becoming increasingly bullish about canola for a variety of reasons. “We think the canola market has every reason to be volatile,” said Dan Basse, president of AgResource Company. Looming tightness in canola supplies due to dry conditions in Canada and Australia are what is behind his optimism. He is forecasting 18.2 million tonnes […] Read more
Canola futures firm in thin trade, MGEX wheat down hard
(Reuters) – ICE Canada canola futures closed slightly firmer on Friday, rebounding from Thursday’s declines, traders said. Volume was light. A firm Canadian dollar limited buying. November canola settled up 70 cents at $506.90 per tonne. January canola ended up 80 cents at $512. Volume totalled 5,965, down 70 percent from Thursday. Chicago Board of […] Read more
Warm harvest weather doesn’t mean grain spoilage issues disappear
Prairie farmers hoping for a dry, warm harvest will still need to pay close attention to grain condition when it comes off the field. Even dry grain can be prone to spoilage if harvest temperatures are too high and hot grain is not cooled down quickly after it has been binned. “Minimizing the risk of […] Read more
Corn, soy numbers in USDA report called too high
Analysts are taking issue with what they see as high corn and soybean yield numbers in the United States Department of Agriculture’s latest World Agricultural Supply and Demand Estimates report. USDA estimated corn yields would come in at 169.5 bushels per acre, which was 3.30 bu. above the average trade estimate and 6.70 bu. above […] Read more
Feed supplies top priority as B.C. fires continue rampage
Range losses continue to mount as British Columbia fires consume thousands of acres of forest and forage. The provincial government estimates that 30,000 animals are within the boundaries of the affected regions in the worst fire season since 1958. The B.C. Cattlemen’s Association has met with the agriculture and forestry ministers to develop plans to […] Read more
U.S. weather forecaster sees El Niño unlikely through 2017-2018 winter
Aug 10 (Reuters) – A U.S. government weather forecaster said on Thursday there were no active El Niño or La Niña patterns, and neutral conditions were favoured in the Northern hemisphere through the 2017-18 winter. However, the chances of neutral conditions were likely to fall from about 85 percent between July and September to 55 […] Read more
Corn market likely to face massive crop after surprise USDA forecast
By Mark Weinraub WASHINGTON, Aug 10 (Reuters) – The U.S. Agriculture Department’s surprise forecast of a bumper corn harvest is likely to stay in place, even with farmers reporting signs of stress in their fields and weekly crop conditions falling to five-year lows. The government rarely makes big adjustments to its August corn harvest projections, […] Read more
Smaller harvest likely to take longer
Variable crop quality between northern and southern regions expected to cause headaches for grain companies
Farmers and grain companies are preparing for a prolonged harvest and a below-average crop. Provincial specialists are forecasting smaller than usual crops in Alberta and Saskatchewan because of hot and dry conditions. That is a view shared by the Western Grain Elevator Association, which is forecasting a 60 million tonne harvest in Western Canada, down […] Read more
‘This is what they mean by dry land farming’
Never, it seems, have a few tenths of rain made so many people so happy. Aug. 1 brought as much as seven-tenths, about 18 millimetres, to parts of southwestern and south- central Saskatchewan, sending people to social media with photographs and comments of relief. The first decent rain in more than a month still won’t […] Read more
