Glen Loyns, trader and general manager for JGL Commodities in Moose Jaw, Sask., said while the recent heat and dryness has reduced yield expectations, prospects of a decent harvest are still putting pressure on prices.
Tag Archives prairies
Feed Grain Weekly: Weather, low U.S. prices affecting Prairie markets
Alberta Crop Report: High temperatures damage crops
Major crops were rated at 55.3 per cent good to excellent, down from 72.9 per cent the previous week. The south region’s crops were rated 77.2 per cent good to excellent, while the northeast region was at 62.5 per cent and the Peace region was at 57.3 per cent. Conditions in the northwest region fell to 37.7 per cent and the central region dropped to 32.4 per cent, for declines of 40.1 and 29.8 points, respectively.
ICE Canada Weekly: Attention on canola to soon turn from yields to demand
At this time there have yet to be any firm estimates as to what canola yields on the Canadian Prairies are most likely to be. However, once those start rolling in, the canola market will shift towards demand, according to broker Tony Tryhuk of RBC Dominion Securities in Winnipeg.
Alberta crops holding their own for now
Alberta reported its crops were still in good shape despite temperatures pushing above 30 degrees Celsius and a lack of rain as of July 16. The report put the overall rating for the province’s crops at 74 per cent good to excellent, seven points above the five-year average.
ICE Weekly: Weather raising canola prices, trader says
Ken Ball of Ventum Financial Corp. in Winnipeg acknowledged that while dryness and warmer temperatures would be seen as beneficial in rain-drenched fields in Saskatchewan and Manitoba, heat stress on canola crops in Alberta would be aggravated. This has led traders to become a bit more bullish on the oilseed.
Pulse Weekly: Harvest pressure approaches, expecting market to bounce back
With the peas harvest in Alberta about a month away, prices have been beginning to slip back according to Kyle Sinclair, chief executive officer for Producer Profit in Lacombe, Alta.
MNP to launch agronomy practice
Company to consolidate six agronomy firms under MNP umbrella
MNP will consolidate six Prairie agronomy firms into its own practice, the accounting and professional services company announced today.
Alberta crop conditions steady at 74 per cent good-to-excellent
Warm temperatures helped keep crop conditions well above average in Alberta during the week ended July 9, although heat stress could become a concern without cooler temperatures and more precipitation in the weeks ahead, according to the latest provincial crop report.
Alberta crops doing quite well
Crops throughout Alberta stood at 75 per cent good to excellent as of July 2, according to the latest crop report from the provincial agriculture department. That was eight points above the five-year average despite cooler than normal temperatures and delayed crop development due to excessive rain for most of the province so far this year.
Saskatchewan’s crops remain in good shape, but are still behind
Although crop conditions in Saskatchewan were good, the province’s latest crop report said development continued to fall behind normal for this time of year. Saskatchewan Agriculture pointed to the cooler temperatures and wet conditions as why development has been slower this year.
Canadian Cattlemen Presents: Depth of Field
