CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more
CBOT weekly outlook: Soy recovers from wild week
Pulse weekly outlook: Low prices change growers’ marketing tack
CNS Canada — After years of western Canadian farmers rushing to lock in pulse crop contracts during the spring, this year that hasn’t been the case. “Normally I would say that I’d have my plant booked to December and I don’t have a single thing booked this year. But does that mean we’re not going […] Read more
Federal food labelling proposal has dairy farmers concerned
CNS Canada — While trade deals have had Canadian dairy farmers concerned about losing market share domestically, a recent proposal to change food package labeling could potentially be more damaging to the industry. Health Canada launched consultations in February for its proposed new front-of-packaging labeling. The proposal, part of Health Canada’s Healthy Eating Strategy, would […] Read more
Arysta plans market expansion in Western Canada
CNS Canada — Arysta LifeScience, a crop chemical company known in Western Canada for its line of Everest products, now wants to become a household name for Prairie farmers. Platform Specialty Products, Arysta’s parent company, last Aug. 24 announced plans to separate its agricultural solutions and performance solutions segments. Platform Specialty chairman Martin Franklin said […] Read more
Feed weekly outlook: Barley prices rising for northern Alberta feedlots
CNS Canada — While feed barley prices are holding steady in the Lethbridge area, further north around Edmonton, prices are starting to climb. “We’re starting to see already just difficulty with loading here and there and buyers getting caught off-guard with not getting barley coming in when they needed it to happen. And that’s spurring […] Read more
Prairie winter wheat conditions uncertain
CNS Canada — While it’s too early to assess how the western Canada winter wheat crop fared this winter, there is some uncertainty due to unseasonably cold April temperatures. “We start losing cold tolerance, especially in March and going into April now. And that’s when you need to monitor temperatures or for (the crop) to […] Read more
Feed weekly outlook: Shipping to feedlots becomes problem
CNS Canada –– Spring has sprung on the Prairies, meaning road bans are starting, leading to problems shipping feed grains to feedlots in Alberta. “The supply is actually there at the farm gate but getting the supply from the farm gate to the end-user means more truck logistics and higher freight rates typically,” said Jim […] Read more
CBOT weekly outlook: Shocker USDA reports leave questions for traders
CNS Canada — Two much anticipated reports from the U.S. Department of Agriculture (USDA) sent markets soaring and left traders speechless in the last trading day before the Easter holiday. USDA released its quarterly grain stocks and prospective plantings reports Thursday at 11 a.m. CT. Traders had been expecting corn area to be at 80.3 […] Read more
Downturn seen in organic markets for malt barley, hemp
CNS Canada — As organic producers look to clean out the 2017 crop from their bins before seeding, they’re finding lower prices than they’re willing to sell for. Contracts have been filled up, meaning some producers who were waiting for higher prices are out of luck with no options to sell their crops. Some buyers […] Read more
Feed weekly outlook: Grain supply starting to dry up
CNS Canada –– As the winter ends, supply is getting tight for feed grains in Lethbridge’s feedlot alley. “We’re seeing a little bit of a pullback on prices on most commodities in anticipation for making sure everything gets out before road bans,” said Brandon Motz, sales manager at CorNine Commodities at Lacombe, Alta. The feed […] Read more
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