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(File photo courtesy Canola Council of Canada)
Crops, Markets

Canada left with very tight canola, barley stocks

'You can't find canola anywhere in the country'

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MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that are out there, a lot […] Read more
(Dave Bedard photo)
Crops, Markets

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

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MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing […] Read more
Oats. (Doug Wilson photo courtesy ARS/USDA)
Crops, Markets, Oats

Oats riding high with other crops

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MarketsFarm — Increased demand, both domestically and overseas, has caused the price of oats grown in Western Canada to rise compared to last year. And so far, seeding projections and rising prices for other crops suggest the market for oats won’t go down anytime soon. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids […] Read more
WGEA executive director Wade Sobkowich. (Manitoba Co-operator photo by Allan Dawson)
Crops, Markets, Weather

Railways to blame for terminal shortages, WGEA says

Grain handlers take issue with MarketsFarm report

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MarketsFarm — The association representing the Prairies’ main grain handling companies says recent delays in loading vessels have less to do with the availability of grain and more to do with the railways hauling it to port. The Western Grain Elevator Association (WGEA), which represents major handlers such as Viterra, Richardson, Cargill and others, raised […] Read more
(WPohlDesign/iStock/Getty Images)
Finishers, Livestock, Markets

Klassen: Cold weather slows feeder cattle market activity

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Compared to last week, western Canadian feeder cattle prices were relatively unchanged. Extreme temperatures blanketed Western Canada last week. Many auction barns cancelled sales or had limited numbers on offer. Buyers attended sales either in person or via the internet, which was supportive to the overall price structure. Many backgrounders and cow-calf producers delayed sales […] Read more
(Dave Bedard photo)
Crops, Markets

StatsCan confirms canola stocks tightening

Wheat stocks also down from previous year-end

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MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more
(Greg Berg photo)
Crops, Markets, Oats

Oat prices running out of upside

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MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more

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