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Crops

Sask. crop proceeds well ahead of average pace

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CNS Canada – Saskatchewan harvest continues to come off well ahead of the five-year average. Saskatchewan Agriculture, in its latest crop report for Aug. 14-20, said the harvest was 16 per cent complete compared to the five-year average of seven per cent. Dry weather was allowing producers to stay in fields. Harvest is most advanced […] Read more
Photo: Thinkstock
Crops, Weather

Southern Sask. harvest underway

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CNS Canada — Saskatchewan farmers are starting to get into fields, especially in the south where three per cent of the crop has been combined. Overall, producers in the province have combined one per cent of the crop, in line with the five-year average. Two per cent has been swathed or is ready to be […] Read more
The Flax Council of Canada closed its office on Jan. 31, 2018. Photo: File
Crops, General

Flax Council of Canada joins up with Canola Council

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Winnipeg | CNS Canada – The Flax Council of Canada has announced a new operating structure; restructuring its board and joining forces with the Canola Council of Canada. The move comes six months after the council shuttered its Winnipeg office and reduced its services. “It’s clear that Canadian flax has tremendous potential, both on the […] Read more
(Dave Bedard photo)
Crops, Markets

Firm, steady flax prices seen in the cards

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CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the […] Read more
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops

Canola prices vulnerable after StatsCan report

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CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more
(Dave Bedard photo)
Crops, Markets

Canola stocks comfortable, eyes on new crop

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CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies in the country as of March 31 at 9.1 million tonnes, the second-largest on record for that time of year and about 1.1 million tonnes […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE to move canola trade to U.S. exchange

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The business of trading and clearing canola futures is poised to leave Winnipeg for New York City this summer. Atlanta-based Intercontinental Exchange (ICE), the operator of canola exchange ICE Futures Canada, announced Tuesday it will be “transitioning” the trading and clearing of canola contracts to New York-based ICE Futures U.S. and ICE Clear U.S. ICE […] Read more

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