Crops , Latest & Featured - Canadian Cattlemen

ICE Futures March 2020 canola with 20- and 50-day moving averages. (Barchart)

High stocks-to-use ratio weighs on canola

By Marlo Glass – MarketsFarm January 24, 2020

MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada (FCC), explained during his presentation […] Read more

Canola, Crops, Markets, Soybeans

Large funds back on short side in soybeans

By Phil Franz-Warkentin January 24, 2020

MarketsFarm — Large fund traders have moved back to the short side in soybeans while only making small adjustments in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 20,366 contracts on […] Read more

An artists’ rendition of the Merit Functional Foods plant under construction in Winnipeg. Merit also recently picked up support from research “supercluster” Protein Industries Canada to help further develop pea and canola proteins. (Meritfoods.com)

Canola, Crops, Peas, Reuters

Nestle to source plant proteins from Winnipeg

By Rod Nickel, Silke Koltrowitz January 24, 2020

Winnipeg/Zurich | Reuters — Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops. Meat substitutes from plants in burgers, nuggets and many other foods are a fast-growing industry, driving up […] Read more

Crops, Markets

AAFC forecasts more wheat, less canola seeded in spring

By Phil Franz-Warkentin January 24, 2020

MarketsFarm — Canada’s farmers will seed more wheat and less canola in the 2020 growing season, according to the first supply/demand estimates for the 2020-21 marketing year, released Thursday by Agriculture and Agri-Food Canada. Total seeded wheat area is forecast to rise to 25.77 million acres, from 25.02 million the previous year. Production is forecast […] Read more

Barley, Crops, Markets

Feed weekly outlook: Temperatures rise, Prairie bids cool down

By Phil Franz-Warkentin January 24, 2020

MarketsFarm — Feed grain bids in southern Alberta are cooling down as temperatures warm up after a bitter cold spell earlier in the month. After dealing with temperatures in the -20 C to -34 C range over much of the week ended Jan. 17, conditions in the key Lethbridge feeding area have flipped the other […] Read more

ICE Futures March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

By Glen Hallick January 23, 2020

MarketsFarm — ICE Futures canola traders have been keeping a close eye on this week’s extradition hearings for Huawei executive Meng Wanzhou in Vancouver. The hearing is to determine whether Meng will be extradited to the U.S., which requested her arrest by Canadian authorities in December 2018. China, in the wake of that arrest, detained […] Read more

Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Crops, Weather

Favourable growing conditions forecast for major ag regions

By Marlo Glass – MarketsFarm January 23, 2020

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather […] Read more

CBOT March 2020 corn with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn futures hit three-month high on export demand

Profit-taking sparks pullback in CBOT wheat

By Tom Polansek January 23, 2020

Chicago | Reuters — U.S. corn futures topped a three-month high on Thursday on improved export demand, while wheat futures traded near a 1-1/2 year high reached a session earlier. Soybeans eased to a one-month low as traders awaited signs of Chinese purchases of U.S. crops in the wake of last week’s initial trade agreement […] Read more

Victoria Falls, on the Zambezi River on Zimbabwe’s northwestern border with Zambia. (CIA.gov)

Corn, Crops, Reuters, Weather

Zimbabwe says grain stocks running out after drought

By Reuters January 23, 2020

Harare | Reuters — Zimbabwe has only 100,000 tonnes of grain in its strategic reserves, enough to last just over a month, as the southern African nation suffers the effects of a severe drought, according to the agriculture minister. More than half the country’s population faces food shortages after maize harvests halved last year. The […] Read more

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Uncertainty pervades markets

By Phil Franz-Warkentin January 22, 2020

MarketsFarm — The price spread between green and yellow peas continues to widen in Western Canada, but whether or not that trend will continue remains to be seen. Numerous outside factors lend a general air of uncertainty to the pulse market, according to a pulse trader. Green peas typically trade at a premium to yellow […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Daily Network News

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Crops

High stocks-to-use ratio weighs on canola

Large funds back on short side in soybeans

Nestle to source plant proteins from Winnipeg

AAFC forecasts more wheat, less canola seeded in spring

Feed weekly outlook: Temperatures rise, Prairie bids cool down

ICE weekly outlook: Don’t expect China to buy if Huawei exec goes free

Favourable growing conditions forecast for major ag regions

U.S. grains: Corn futures hit three-month high on export demand

Zimbabwe says grain stocks running out after drought

Pulse weekly outlook: Uncertainty pervades markets

Canadian Cattlemen Presents: Depth of Field

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