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Chickpeas. (CalypsoArt/iStock/Getty Images)

Pulse weekly outlook: Chickpea prices remain low, future bright

By Marlo Glass – MarketsFarm, GFM Network News May 21, 2019

MarketsFarm — Lower prices are expected to lead to a drop in Canadian chickpea acres in 2019, but the future is bright for the crop as new consumer markets gain popularity. Seeded acres for chickpeas almost quadrupled between 2017 and 2018, rising from 160,000 to 442,900, respectively. Since inventory from the 2018 growing season is […] Read more

Canola, Crops, Markets

Huge increase predicted in canola ending stocks

By Phil Franz-Warkentin May 21, 2019

MarketsFarm — Canadian canola carryout stocks are forecast to rise to a record 5.3 million tonnes by the end of the 2019-20 marketing year, more than doubling the previous five-year average, according to updated estimates from Agriculture and Agri-Food Canada’s market analysis division. While the department, in its estimates, expects total canola production to decline […] Read more

Crops, Markets, Reuters, Soybeans

U.S. to favour soybeans in trade war aid for farmers

By Humeyra Pamuk, Tom Polansek May 21, 2019

Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, […] Read more

Ken Christopher looks at cloves of garlic on a conveyer belt on March 29, 2019 at Christopher Ranch at Gilroy, California, about 40 km southeast of San Jose. (Photo: Reuters/Lucy Nicholson)

Crops, Reuters

U.S. garlic growers profit from trade war as most farmers struggle

By Lucy Nicholson, Richa Naidu May 21, 2019

Gilroy, California | Reuters — Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. Sales of California-grown garlic are now increasing after decades of losing ground to cheaper Chinese imports. Sales are poised to get even better as […] Read more

CBOT July 2019 corn futures with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn touches one-year high on slow U.S. planting

By Karl Plume May 21, 2019

Chicago | Reuters — U.S. corn futures climbed for a seventh session to their highest in a year on Tuesday as rainy weather and soggy fields across the U.S. corn belt stalled spring planting. Wheat also advanced on worries about winter crop damage due to heavy rains and flooding in the southern U.S. Plains. Soybeans […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Crops, Markets, Reuters

U.S. grains: Corn nears one-year peak as rains stall planting

By Karl Plume May 20, 2019

Chicago | Reuters — U.S. corn futures climbed for a sixth straight session on Monday and touched their highest level in nearly a year as rainy Midwest weather and waterlogged fields stoked concerns about reduced plantings and lower yields for the crop. Wheat jumped to a three-month high on delayed spring wheat planting in the […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Input Capital steps back from mortgage expansion plans

By GFM Staff, GFM Network News May 20, 2019

Up against the current canola market, “commodity streaming” firm Input Capital has put off plans to ramp up its mortgage business with canola growers. The publicly traded Regina company in February announced a “comprehensive review of strategic alternatives to enhance shareholder value” and said it was in “an ongoing search for appropriate scalable sources of […] Read more

Crops

New federal standard to expand beer ingredient options

By GFM Staff May 20, 2019

More variety in allowable ingredients and more requirements for declarations are now part of the federal rules on what can be called beer in Canada. The federal government on May 1 announced “modernized” beer standards under Canada’s Food and Drug Regulations (FDR) — the rules laying out the requirements to be met by a product […] Read more

MGEX July 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn extends rally, wheat touches six-week high

By P.J. Huffstutter May 17, 2019

Chicago | Reuters — U.S. corn futures extended their rally on Friday, jumping to a four-month high, as forecasts of heavy rain sweeping a wide path across the U.S. Midwest next week fuelled concerns about worsening planting delays. Chicago Board of Trade (CBOT) corn prices rose for the fifth session, trading through its 100-day moving […] Read more

CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn to seven-week high as rain threatens planting

By Julie Ingwersen May 16, 2019

Chicago | Reuters — U.S. corn futures rose on Thursday for a fourth straight session as dismal weather forecasts signalled further planting delays in the Midwest, prompting commodity funds to cover short positions, analysts said. Chicago wheat futures hit a one-month high, led by corn, and soybeans followed the firm trend. Chicago Board of Trade […] Read more

Daily Network News

U.S. livestock: Feeder cattle hit contract highs on tight supply

U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

Alberta harvest wrapping up: report

Crops

Pulse weekly outlook: Chickpea prices remain low, future bright

Huge increase predicted in canola ending stocks

U.S. to favour soybeans in trade war aid for farmers

U.S. garlic growers profit from trade war as most farmers struggle

U.S. grains: Corn touches one-year high on slow U.S. planting

U.S. grains: Corn nears one-year peak as rains stall planting

Input Capital steps back from mortgage expansion plans

New federal standard to expand beer ingredient options

U.S. grains: Corn extends rally, wheat touches six-week high

U.S. grains: Corn to seven-week high as rain threatens planting

Canadian Cattlemen Presents: Depth of Field

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