Stories by MarketsFarm Team | Canadian Cattlemen

Record-level grain handles continue for CN, CP

MarketsFarm — Canada’s two largest railways both reported new highs in grain movement for March and for their first fiscal quarters. Canadian National Railway (CN) announced Monday it had moved 2.95 million tonnes of grain last month, beating the previous March record of 2.74 million transported last year. It was also the 13th straight month […] Read more

A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)

Canola, Crops, Markets

Japan increases demand for canola

By MarketsFarm Team, GFM Network News April 5, 2021

MarketsFarm — Japan has continued to generate an increased demand for canola, according to Daisuke Sasatani, the U.S. Department of Agriculture’s (USDA) attaché in Tokyo. Sasatani said approximately 98 per cent of Japan’s canola imports are from Canada, while Australia supplies the remainder. The attaché estimated Japan’s canola imports in 2020-21 are to rise by […] Read more

A live Google map from the evening of March 30, 2021 showing vessels currently at Thunder Bay. (Portofthunderbay.com)

Crops, Weather

Port of Thunder Bay opens for season

By MarketsFarm Team, GFM Network News March 31, 2021

MarketsFarm — The 2021 navigation season is officially underway at the Port of Thunder Bay, as the tugboat Sharon M1 and barge Huron Spirit arrived late Friday. The tug-barge combo discharged a calcium chloride brine solution, used as a stabilizer and dust suppressant. The same combo also opened the season 2020, one year ago to […] Read more

Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)

Crops

Port of Churchill moves to 100 per cent local ownership

Corporate partners step out of owner group

By MarketsFarm Team, GFM Network News March 12, 2021

MarketsFarm — The Port of Churchill is undergoing an ownership transition that will see its OneNorth community and Indigenous partners assume 100 per cent ownership of the Hudson Bay port and the rail line connecting it to northwestern Manitoba. The Churchill Marine Tank Farm and associated assets are also part of the deal, according to […] Read more

General, Markets

Farm cash receipts up in 2020

Crop receipts and direct payments up, livestock slightly lower

By MarketsFarm Team, GFM Network News March 3, 2021

MarketsFarm — New data from Statistics Canada on Tuesday showed Canadian farm cash receipts went up in 2020, despite the COVID-19 pandemic, on the strength of rising crop prices and exports. The total value of farm cash receipts in the country totalled $71.7 billion in 2020, an 8.1 per cent increase from the previous year. […] Read more

Snow cover in southern Manitoba has been sparse this winter, as shown across this field east of Starbuck, Man. (MarketsFarm photo by Glen Hallick)

General, Weather

Wet or dry spring ahead? Depends on where in Canada

By MarketsFarm Team, GFM Network News February 27, 2021

MarketsFarm — There will be increased in risk of flooding this spring in British Columbia, western Alberta and parts of Eastern Canada, according to a report Friday from AccuWeather. Meanwhile, dry conditions are expected to continue across the Prairies. AccuWeather’s report forecasts below-normal temperatures for B.C. and western Alberta going into spring. That could delay […] Read more

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Crops, Markets

Few alterations seen in new global supply/demand report

IGC expecting more corn grown this year

By MarketsFarm Team, GFM Network News February 25, 2021

MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s […] Read more

Beth Bechdol, deputy director-general for the UN’s Food and Agriculture Organization (FAO), speaks on a video conference call marking World Pulses Day. (Photo courtesy FAO via Flickr, copyright FAO)

Crops, Pulses

Pulse weekly outlook: World Pulses Day celebrated

By MarketsFarm Team, GFM Network News February 17, 2021

MarketsFarm — The United Nations celebrated the annual World Pulses Day on Feb. 10, highlighting the contribution of pulse crops to world agriculture and nutrition. “Pulses are more than just nutritious seeds – they also contribute to achieving the goals of the 2030 Agenda of Sustainable Development,” the UN said in a release. “They play […] Read more

Forecast probability of precipitation above, below and near normal for the period from February through April 2021, based on three equiprobable categories from 1981-2010 climatology. Map produced Jan. 31, 2021. (Map: Environment and Climate Change Canada)

General, Weather

Long-range forecast points to cool, wet spring for northern Prairies

By MarketsFarm Team, GFM Network News February 2, 2021

MarketsFarm — Central and northern agricultural regions of Saskatchewan and Alberta are forecast to see cooler-than-normal temperatures with above-average precipitation over the next three months, according the latest long-range outlook from Environment Canada. The department’s latest seasonal weather maps, dated Sunday, show a 40-50 per cent chance of above-normal precipitation across most of the northern […] Read more

Crops, Markets

Port of Thunder Bay wraps up 21st-century-best year

By MarketsFarm Team, GFM Network News January 14, 2021

MarketsFarm — The last vessel of the 2020-21 shipping season left the Port of Thunder Bay on Tuesday, wrapping up the busiest year at the port since 1997. Annual cargo volumes through came in at 10.2 million tonnes, which marked the first time the tonnage topped 10 million since 1997. A total of 9.3 million […] Read more

Canada left with very tight canola, barley stocks

U.S. grains: Corn, soy futures hit multi-year highs on supply fears

U.S. livestock: CME cattle futures up on beef prices, demand

GFM Network News