CNS Canada — As supplies tighten, Lethbridge feedlots are looking for the cheapest options when it comes to feed. “Supply seems to be tight in general. There’s not a lot of offers on either corn or barley at the moment. And demand is higher than expected coming into March,” said Brandon Motz, sales manager at […] Read more
Feed weekly outlook: Supplies tighten as demand rises
Prairie winter wheat conditions no cause for alarm, yet
CNS Canada — While it’s been a cold winter with little snow cover, there is still hope for the Prairies’ winter wheat crop as soil temperatures haven’t hit danger levels yet. “I checked the soil temperatures this morning across the Prairies and most of the soils are about -10 C and winter wheat at this […] Read more
CBOT weekly outlook: USDA report delivers no surprises
CNS Canada — The latest report released from the U.S. Department of Agriculture had no surprises for traders at the Chicago Board of Trade (CBOT), leaving the March corn and soybean contracts little changed. “I think that brokers right now are on the phone talking to their customers, probably some co-ops, elevators are also, and […] Read more
Pulse weekly outlook: Farmers selling ahead of road bans
CNS Canada –– Pulse crop producers in Western Canada are looking to sell what’s left of last year’s crop before spring. Farmers “need to get some cash flow going. They’ve got payments probably in February and March and then they want to beat the road bans,” said Allan Johnston with Johnston’s Grain at Welwyn, Sask. […] Read more
Producers lose transparency with end of weekly crush report
CNS Canada — Canada’s grains industry found itself shocked when the Canadian Oilseed Processors Association (COPA) announced Friday it would stop publishing its weekly report on member crushings. “I loved that report. In Western Canada, or Canada in general, I think any reports that give you kind of a weekly snapshot of what’s happening in […] Read more
COPA ends weekly canola, soybean crush reports
CNS Canada — The Canadian Oilseed Processors Association (COPA) announced Friday it will stop publishing its weekly report on member crushings. The report detailed how much canola and soybeans were crushed in Canada. The report was issued weekly and followed by different industry professionals across the country. Ken Ball of PI Financial in Winnipeg was […] Read more
Feed weekly outlook: Demand shifting at Alberta feedlots
CNS Canada — Demand has shifted at Alberta feedlots this year with more forward contracting and less business taking place in the spot market, according to an analyst. “In a lot of years we’ve seen the demand has stayed in the spot market but this year there were more forward purchases that were done by […] Read more
CBOT weekly outlook: Futures get weather boost
CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more
FCC sees benefits in new Trans-Pacific trade pact
CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can […] Read more
U.S. anti-trade agenda could benefit Canadian ag
Winnipeg | CNS Canada — As U.S. President Donald Trump follows his “America first” policy and pulls out of trade deals, it could spell future opportunity for the Canadian agricultural industry, according to Dermot Hayes, a professor with the department of economics at Iowa State University. “In D.C. it’s chaotic. It’s the craziest situation I’ve […] Read more
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