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Prairie cash wheat: Prices rise as worldwide stocks fall

U.S. December wheat futures up on week

Reading Time: 2 minutes MarketsFarm — Continued tightening of worldwide wheat stocks has raised spring wheat prices in Western Canada during the week ended Thursday. As winter wheat planting in North America and Europe begins, dry conditions remain a threat not only in North America, but also in Argentina and Russia. The U.S. Department of Agriculture (USDA) also predicts […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Small Canadian crops lead to marketing shift

Reading Time: 2 minutes MarketsFarm — Canadian pulse markets could see a ‘radical shift’ in the current crop year as drought conditions led to sharp reductions in pea and lentil production. Statistics Canada’s September principal field crop estimates, released Tuesday, and the previous report on Aug. 30 were determined by yield models using satellite imagery. MarketsFarm Pro analyst Mike […] Read more

(Alfio Manciagli/iStock/Getty Images)

Canola ending stocks down on year, but beat expectations

StatsCan pegs barley ending stocks at record low

Reading Time: 3 minutes MarketsFarm — Canadian canola ending stocks were down sharply at the end of 2020-21 compared to the previous marketing year, but still came out well ahead of trade expectations. Many other crops also saw larger-than-expected carryout numbers in Statistics Canada’s principal field crop stocks report as of July 31, 2021, released Wednesday. According to MarketsFarm […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Pulse weekly outlook: Chickpeas find high-priced silver lining

Reading Time: 2 minutes MarketsFarm — Like many other crops across Western Canada, chickpeas weren’t immune to hot and dry growing conditions over the summer. This year’s domestic chickpea crop is only expected to weigh in at 63,000 tonnes, according to Statistics Canada — less than one-third of the five-year average of 189,600 tonnes. In Saskatchewan, some parts of […] Read more

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Prairie cash wheat: Spring wheat bids mixed, durum jumps

U.S. December wheat futures down on week

Reading Time: 2 minutes MarketsFarm — Increased worldwide demand for wheat and precipitation across the Prairies have resulted in mixed spring wheat bids for the week ended Thursday. Scattered showers across wheat-growing areas in Western Canada, as well as the ongoing spring wheat harvest, have brought downward pressure on the markets. The rising Canadian dollar also served to lower […] Read more


A corn crop near London, Ont. in July 2021. Relatively good yields down east may lead to more Prairie livestock feeders “jumping on the corn bandwagon.” (Farmtario photo by John Greig)

Feed weekly outlook: Crop estimates show severity of drought

'Corn bandwagon' filling up

Reading Time: 2 minutes MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle Commodities at Lethbridge, Alta., was not at all surprised by the numbers. “I think we knew that was happening all along,” he said. “There are […] Read more

Floodwaters surround Shell’s Norco fuel refinery site after Hurricane Ida pummeled Norco, La., west of New Orleans, on Aug. 30, 2021. (File photo: Reuters/Devika Krishna Kumar)

CBOT weekly outlook: Soybeans, corn looking past hurricane

Reading Time: 2 minutes MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, if any, are for the […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

Reading Time: < 1 minute MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more



Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Pulse trade with India strong, but flawed

Reading Time: 2 minutes MarketsFarm — India remains as the largest international buyer of Canadian lentils, despite factors affecting trade between the two countries. While Western Canada deals with drought conditions which have likely lowered this year’s lentil crop, the Indian government’s restrictions on imports have threatened to hinder Canadian exports. “Despite tariffs and technical measures in place that […] Read more