MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While Johnson has seen some instances of No. 1 flax, he said most of what he’s seen has graded Nos. 2 and 3. “The premiums are […] Read more
Flax prices likely to remain flat
StatsCan report puts canola production at lowest since 2015
MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased […] Read more
Trade’s crop estimates vary ahead of StatsCan report
MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more
Grain World: Beijing analyst brings different perspective
Saskatoon | MarketsFarm — Ivy Li brought a much different perspective about China to the Grain World conference in Saskatoon. Specializing in Chinese agricultural markets, the Beijing-based independent analyst veered away from the usual statements that often cast China as the bad guy on the world stage. Also, Li pointed out, Canada has been doing […] Read more
Saskatchewan harvest progresses under adverse conditions: report
MarketsFarm – Saskatchewan farmers continued to plug away at the harvest over the past week, with 90 per cent of the crop in the bin as of Oct. 28, according to the latest provincial report. That was up seven points from the previous week, but still behind the five-year average of 96 per cent complete. […] Read more
Some Saskatchewan crops may stay on fields over winter
A harvest season bereft of good weather will result in some crops staying in the field until springtime. The exact percentage of unharvested crops, however, remains uncertain. “Some of the heaviest snowfall has fallen in the regions where most of the crop was left out,” commented Todd Lewis, president of Agricultural Producers Association of Saskatchewan. […] Read more
Hail, storm damage to crops during September, October
Despite temperatures largely below normal for September and October, there were some instances of hail damage to crops in Manitoba and Saskatchewan. The Canadian Crop Hail Association (CCHA) said there were 53 cases of hail damage – as well as storm damage – in the two provinces. In Manitoba, storms that struck between Sept. 28 […] Read more
Saskatchewan farmers make good harvest progress
MarketsFarm – Farmers throughout Saskatchewan made good progress in their harvesting over the last week, according to the province’s latest weekly crop report. With little precipitation during the week ended Oct. 21, the harvest rose from 69 to 83 per cent complete province-wide. However, it’s still 10 points behind the average pace. Also, the report […] Read more
StatsCan confirms record-large canola ending stocks
MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the previous record set in July […] Read more
StatsCan confirms smaller canola crop
MarketsFarm — Statistics Canada’s first production estimates for the 2019-20 crop, released Wednesday, were generally in line with expectations, although upward revisions are likely in subsequent reports. The agency’s production of principal field crops report was “bang on with expectations across the board,” according to Ken Ball of PI Financial in Winnipeg. While both the […] Read more
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