CNS Canada — While it’s too early to assess how the western Canada winter wheat crop fared this winter, there is some uncertainty due to unseasonably cold April temperatures. “We start losing cold tolerance, especially in March and going into April now. And that’s when you need to monitor temperatures or for (the crop) to […] Read more
Prairie winter wheat conditions uncertain
Feed weekly outlook: Shipping to feedlots becomes problem
CNS Canada –– Spring has sprung on the Prairies, meaning road bans are starting, leading to problems shipping feed grains to feedlots in Alberta. “The supply is actually there at the farm gate but getting the supply from the farm gate to the end-user means more truck logistics and higher freight rates typically,” said Jim […] Read more
CBOT weekly outlook: Shocker USDA reports leave questions for traders
CNS Canada — Two much anticipated reports from the U.S. Department of Agriculture (USDA) sent markets soaring and left traders speechless in the last trading day before the Easter holiday. USDA released its quarterly grain stocks and prospective plantings reports Thursday at 11 a.m. CT. Traders had been expecting corn area to be at 80.3 […] Read more
Downturn seen in organic markets for malt barley, hemp
CNS Canada — As organic producers look to clean out the 2017 crop from their bins before seeding, they’re finding lower prices than they’re willing to sell for. Contracts have been filled up, meaning some producers who were waiting for higher prices are out of luck with no options to sell their crops. Some buyers […] Read more
Feed weekly outlook: Grain supply starting to dry up
CNS Canada –– As the winter ends, supply is getting tight for feed grains in Lethbridge’s feedlot alley. “We’re seeing a little bit of a pullback on prices on most commodities in anticipation for making sure everything gets out before road bans,” said Brandon Motz, sales manager at CorNine Commodities at Lacombe, Alta. The feed […] Read more
Global fertilizer prices set to fall
CNS Canada — Global fertilizer demand has been higher, leading to increased prices, but with more capacity coming online prices should start to fall, according to an analyst. “Urea prices globally have moved a little higher over the past few months. They’ve been relatively volatile, that’s just kind of a function of some better than […] Read more
Hemp acres, prices down for 2018
CNS Canada — With a large carryover from last year’s crop, hemp acres in Canada are expected to be down this year along with the price. “We had a bit of overproduction in 2017. It doesn’t take much to overproduce a crop when you’ve got 100,000 acres. So it’s a delicate, delicate balance,” said Russ […] Read more
Prairie malt barley prices lower than feed
CNS Canada — With feed barley in tight supply, the tables have flipped with feed prices now sitting higher than those for malt barley in Western Canada. Feed barley prices “make some of these other prices look a bit ridiculous. There’s no demand from the domestic maltsters because they’ve all been plugged up ever since […] Read more
Pulse weekly outlook: India not a guaranteed market
CNS Canada — Despite positive developments between Canada and India in regards to pulse crops, the CEO of Pulse Canada is warning producers not to rely on India as market for pulses. “India is not the market that it was eight months ago and it emphasizes the need to find alternate markets,” Gordon Bacon said. […] Read more
CBOT weekly outlook: USDA report sways soy, corn
CNS Canada — Thursday’s world agricultural supply and demand estimates (WASDE) report from the U.S. Department of Agriculture caused a stir in corn and soybean markets on the Chicago Board of Trade. “The Brazil and Argentine numbers (were) really not too terribly exciting. And the world numbers (were) basically kind of going exactly the opposite […] Read more
Canadian Cattlemen Presents: Depth of Field
