Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Canola prices vulnerable after StatsCan report

CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more


(USDA.gov via Flickr)

U.S. grains: Wheat sets two-week high

Chicago | Reuters — U.S. wheat futures touched a two-week high above US$5 a bushel on Friday on reduced expectations for France’s harvest while corn prices rose on concerns over unfavourably hot U.S. crop weather. Soybean futures touched a one-week low after a bout of selling late in the trading session erased earlier gains. An […] Read more

(Dave Bedard photo)

Canadian canola area likely above earlier projection

CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more


(Vaclav Volrab/iStock/Getty Images)

Ample supply keeps oats under pressure

CNS Canada — Canadian oat crops are in reasonably good shape following recent rains, though prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the 3.2 million seeded the previous […] Read more



Lentil plants in bloom. (BasieB/iStock/Getty Images)

Pulse weekly outlook: Good start despite dry conditions

CNS Canada — Dry soil conditions persist across many areas of Western Canada but the outlook for pulse crops seems fairly promising in one specialist’s view. “For the pulses, seeding has been going fairly well,” said Daphne Cruise, crops extension specialist with Saskatchewan’s provincial Agriculture Knowledge Centre in Moose Jaw. “A lot of the pulses […] Read more