CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more

Farmland values rise, but interest rates curb market

Trade predicts fewer pulse acres, another canola record
CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more

Pulse weekly outlook: Monsoon outlook bearish for Canadian crop
CNS Canada — India is forecasting an average monsoon rainfall this year, making the chance of India importing Canadian pulse crops slim. “Given the tariff scheme and the protectionist attitudes India has displayed this year, I think it will take a major weather influence to hurry up the correction to (imports),” said Marlene Boersch, managing […] Read more

Extended winter could lead to more Prairie oat acres
CNS Canada — With winter still hanging on across Western Canada, one buyer thinks it could lead to an uptick in oat acres. “Later seeding generally increases oat acres. We’d rather see them seeded earlier but farmers have had a tendency when things get late (to) throw some more acres into oats,” said Scott Shiels […] Read more

Prairie drought conditions improve
CNS Canada — While drought conditions in Western Canada have improved following late-season snowfall, it isn’t a completely rosy picture just yet. “We have seen significant departures from normal in terms of precipitation (on the Prairies over) a long period. The winter hasn’t been above average (for precipitation) so there hasn’t been a whole lot […] Read more
CBOT weekly outlook: Soy recovers from wild week
CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more

Pulse weekly outlook: Low prices change growers’ marketing tack
CNS Canada — After years of western Canadian farmers rushing to lock in pulse crop contracts during the spring, this year that hasn’t been the case. “Normally I would say that I’d have my plant booked to December and I don’t have a single thing booked this year. But does that mean we’re not going […] Read more

Federal food labelling proposal has dairy farmers concerned
CNS Canada — While trade deals have had Canadian dairy farmers concerned about losing market share domestically, a recent proposal to change food package labeling could potentially be more damaging to the industry. Health Canada launched consultations in February for its proposed new front-of-packaging labeling. The proposal, part of Health Canada’s Healthy Eating Strategy, would […] Read more

Arysta plans market expansion in Western Canada
CNS Canada — Arysta LifeScience, a crop chemical company known in Western Canada for its line of Everest products, now wants to become a household name for Prairie farmers. Platform Specialty Products, Arysta’s parent company, last Aug. 24 announced plans to separate its agricultural solutions and performance solutions segments. Platform Specialty chairman Martin Franklin said […] Read more

Feed weekly outlook: Barley prices rising for northern Alberta feedlots
CNS Canada — While feed barley prices are holding steady in the Lethbridge area, further north around Edmonton, prices are starting to climb. “We’re starting to see already just difficulty with loading here and there and buyers getting caught off-guard with not getting barley coming in when they needed it to happen. And that’s spurring […] Read more