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FCL’s Co-op Fertilizer Terminal at Brandon. (Photo courtesy Federated Co-operatives Ltd.)
Crops

Expansion underway on Brandon fertilizer terminal

More storage to be added at three-year-old facility

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Federated Co-operatives (FCL) has started expansion work at its next-to-new fertilizer terminal in western Manitoba, to boost its capacity by almost a third. FCL announced Monday it has budgeted $5 million to add 9,000 tonnes of capacity at the Co-op Fertilizer Terminal at Brandon, bringing its maximum storage to 36,500 tonnes. Work began at the […] Read more
(iStock photo)
Crops, Markets, Pulses

Pulse weekly outlook: Canada’s exports solid through first quarter

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MarketsFarm — Canadian pulse exports were leaving at the country at a solid pace through the first three months of the 2020-21 marketing year, according to the latest Canadian Grain Commission (CGC) monthly data. Canada exported 343,000 tonnes of peas in October, taking the 2020-21 year-to-date total to 1.136 million tonnes. That’s up by about […] Read more
(Dave Bedard photo)
Crops, Markets, Weather

StatsCan report to provide clarity on 2020 crop production

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MarketsFarm — Market participants and producers will be looking to Statistics Canada’s principal field crop report, due out Thursday, for clarity regarding 2020 crop yields. “We’re looking to see how severely the heat damaged the crop, and how yield estimates were tempered later in the growing season,” said Jerry Klassen, an analyst in Winnipeg. Klassen […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Soybeans

October crush numbers up, canola record set

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MarketsFarm — Canadian oilseed processors crushed a record amount of canola during October 2020, according to the latest data from Statistics Canada. Increases were reported throughout the canola and soybean crushes when comparing this October with October 2019. October 2020 saw 931,060 tonnes of canola crushed, which bested the previous record of 899,331 tonnes set […] Read more
(Dave Bedard photo)
Crops, Markets

Flax facing tightening supplies

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MarketsFarm — Solid export demand has pushed Canadian flax prices up sharply over the past month, with the market working to ration demand amid expectations for tightening supplies. The flax market in general is “just gone crazy. We’re up 50 per cent since the start of harvest,” Scott Shiels of Grain Millers Canada at Yorkton, […] Read more
One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets

IGC cuts record-large world grain production outlook slightly

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MarketsFarm — World grain production for 2020-21 was revised slightly lower by the International Grains Council in its latest report Thursday, but the group is still anticipating record large supplies overall. Wheat and coarse grains are forecast to total 2.226 million tonnes, which would be down by one million tonnes from the September forecast but […] Read more
(Alfio Manciagli/iStock/Getty Images)
Canola, Crops, Markets

Record-high Canadian canola supplies in commercial pipeline

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MarketsFarm — Visible canola supplies in the Canadian commercial pipeline are sitting at historically high levels, according to Canadian Grain Commission data. A total of 1.75 million tonnes of canola were sitting in commercial hands across Canada during the week ended Oct. 18 — only slightly off the record of 1.786 million tonnes set only […] Read more
CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat falls after hitting highest since 2015

Chicago corn, soybean futures ease

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Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in check by strong export demand. […] Read more

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