Soybean acres in Manitoba are expected to see an increase over last year when Statistics Canada releases its first acreage estimates of 2011 next Tuesday (April 26). Roger Kissick, product manager at Linear Grains at Carman, Man., said the wet conditions are favourable to soybeans, and given the cool and wet spring in the province, […] Read more
Manitoba soybean acres to see increase
Live hog exports to U.S. stabilizing
After taking a significant hit for nearly four years, Canada’s live hog exports to the U.S. have begun to stabilize. Tyler Fulton, director of risk management with H@ms Marketing Services in Winnipeg, said the Canadian hog herd has also been stabilizing, so there are more animals that can be shipped. “The Canadian herd had been […] Read more
Bison becoming more attractive to producers
Even though prices have been rising significantly, it is expected that bison numbers in Canada will have declined from five years ago. However, with the prices trending higher, more and more producers are looking at getting into the industry and building herd numbers. Mark Silzer, president of the Canadian Bison Association in Regina, said surging […] Read more
Elevators covered, canola basis levels widen
Steady deliveries into the canola cash pipeline from western Canadian producers have given elevator companies ample supplies for the current crop year ending July 31, which has caused basis levels to widen, and in turn, lower cash bids. Bill Craddock, a farmer and trader in southern Manitoba, said elevator companies are not looking to buy […] Read more
Ontario winter wheat sees acreage increase
After the price of wheat shot up in the summer of 2010, many producers in Ontario locked in contracts and as a result, the province has seen an increase in winter wheat acreage this year. Peter Johnson, winter wheat specialist with the provincial ag ministry (OMAFRA) in Guelph, said one million acres were planted to […] Read more
Prairie winter wheat conditions remain a mystery
Wet and cool conditions across the Prairies have left a lot of uncertainty about the condition of the winter wheat crop that was planted last fall. Jake Davidson, executive manager with Winter Cereals Canada at Minnedosa, Man., said with so much snowpack still on the ground, it is virtually impossible to make an educated guess […] Read more
Chickpea market bullish with supply shortage
Prices for chickpeas in Western Canada have been moving higher over the past month, as global supplies of the specialty crop have taken hit with poor production around the world. “Around the world, chickpea crops have been a disaster,” said Colin Young, manager of R. Young Seeds at Mortlach, Sask. “There is a huge premium […] Read more
Late spring means more feed barley needs for cattle
Wet and cool conditions across the Prairies are expected to keep cattle producers buying feed barley, as their livestock will be headed out to pasture later than usual. Jim Beusekom, grain merchant with Marketplace Commodities at Lethbridge, Alta., said that for the time being at least, demand for barley should remain steady from cattle farmers. […] Read more
Crush margins hit lowest point of 2011
With canola values on the rise over the past week, crush margins have taken a hit, falling to their lowest point in the current calendar year. Bill Craddock, a southern Manitoba trader and producer, said this has been a bad week for those in the crushing sector. “There has been strength in the canola, relative […] Read more
Lack of demand hurts lentils
Lentil prices have been steady to lower across Western Canada for about the last month, thanks to a lack of global demand for Canadian product. Darren Lemieux of Simpson Seeds at Moose Jaw, Sask., said a number of usual buyers are busy producing their own crops, and consequently are not in the market. “The world’s […] Read more
Canadian Cattlemen Presents: Depth of Field
