CNS Canada – Corn and soybean futures at the Chicago Board of Trade fell following the United States Department of Agriculture’s crop production report which raised corn estimates and kept soybeans at previous estimates. “I expect the low volatility environment to continue with soybeans remaining in tight trading short term. And for corn prices eventually […] Read more
CBOT weekly outlook: Corn and soybeans down after USDA report
Surprise Indian duty on peas leaves Canada scrambling
Winnipeg | CNS – The Canadian pea industry was shocked Wednesday morning to wake up to a notice from India declaring a 50 per cent tax on pea imports to the country. “This sort of moves us beyond even where India has been before in pulse import duties … more than a decade ago we […] Read more
Reports highlight strengths, weaknesses of Canadian ag exports
Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global […] Read more
Mixed reactions from farm groups to Bill C-49 progress
Commodity News Service Canada – Western Canadian producer groups support changes to rail transportation in Canada but vary on support of the latest legislation, Bill C-49. Bill C-49 passed its third reading in the House of Commons Nov. 1 and is now off to the Senate for review. The bill is meant to amend the […] Read more
Pulse industry’s future remains uncertain with India
CNS Canada — As worries mount in regards to Canada’s pulse exports to India, reports from the country point toward a precarious future. India’s agriculture minister, Radha Mohan Singh, last week announced his country wouldn’t need to import any pulses within two years’ time as it would be able to grow enough for domestic demand. […] Read more
CBOT weekly outlook: Corn, soy futures maintain status quo
CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel. […] Read more
Pulse industry still awaits answers from India
CNS Canada — Almost three weeks since Canada’s pulse fumigation exemption expired in India, the Canadian pulse industry is still in the dark. “We’re just looking to have some clarity as to how Canada/India pulse trade’s going to play out in the long term and with a long-term policy solution,” Gordon Bacon, CEO of Pulse […] Read more
Outlook improves for Prairies’ winter cereals
CNS Canada — Following concerns in September about seeding winter cereals in dry conditions, acres are down but crops seeded in Western Canada are doing good heading into the winter. “Very little moisture is required in the fall to get that seed to germinate and start growing, especially if it’s been seeded shallow,” said Amanda […] Read more
CBOT weekly outlook: Corn, soy steady as attention turns to South America
CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both keeping rangebound as attention shifts from last week’s U.S. Department of Agriculture supply/demand report to South American growing conditions. During the week ended Wednesday the December corn contract rose 2.5 cents, to $3.485 per bushel (all figures US$). On the […] Read more
Lentil market quiet heading into new year
CNS Canada — Heading into the New Year, Canadian lentil markets will be quiet, according to an analyst. “It’s not exactly what farmers expected. They have had three years of very brisk intake and it will take a little bit of an adjustment to realize that the market is not coming to them as readily […] Read more
Canadian Cattlemen Presents: Depth of Field
