CNS Canada — A potential shortage of canola on Australia’s east coast has the oilseed industry there musing about the potential of importing Canadian canola to keep processing plants going. A story Tuesday on the Australian website Farm Online quoted Australian Oilseeds Federation CEO Nick Goddard as explaining the potential for Canadian canola to make […] Read more
Canadian canola could make its way into Australia
CBOT weekly outlook: USDA reports not expected to shake up markets
CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more
Global fertilizer market prices vary
An expected drop in potash prices has not happened as quickly as thought
Fertilizer prices are expected to vary over the next few months, with some types continuing to increase while others should drop, according to an analyst. Why it matters: Fertilizer can make up a sizable portion of farmers’ input costs, so rises and falls in the market can significantly impact farm margins. “The fertilizer market has […] Read more
ICE weekly outlook: Canola’s downward spiral to continue
CNS Canada — ICE Futures canola contracts will continue to drift downward for the foreseeable future, according to one analyst. “The demand isn’t here because the buyers know that the farmer is undersold and they have to sell it,” said Wayne Palmer, senior market analyst with Exceed Grain. The November canola contract dipped below the […] Read more
Trucker shortage troublesome for Prairie cattle industry
CNS Canada — As large volumes of cattle make their way to western Canadian auction marts this fall, buyers are having problems finding truckers to haul them. Those problems may get worse in the future, as federal regulations for cattle hauling could possibly change. “I would say it’s worse this year than other years so […] Read more
Protecting the health of the soil resource
Dutch farmers receive outside assistance to maintain a sustainable crop rotation on a small land base
Dutch potato farmer Gert-Jan van Dongen may not own the land he farms on but that isn’t stopping him from being concerned about its future. Van Dongen runs a potato farm near Zeewolde, Netherlands, but doesn’t own the land, instead renting it from the Dutch government. Land rents in the Netherlands average 791 euros per […] Read more
Global fertilizer market prices vary
CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve […] Read more
Prairie potatoes not expected to hit record yields again
CNS Canada – The potato acreage may have increased this year in Western Canada, but it doesn’t look like it will be the same story for yields. “I think overall it’s too early to tell because we haven’t started the main harvest, but we are not expecting as big of yield as the last couple […] Read more
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more
CBOT weekly outlook: Corn, soy, wheat markets stabilizing
CNS Canada –– Corn, soybean and wheat markets at the Chicago Board of Trade are starting to stabilize after a wild week. “Obviously we’ve been down a little bit here this week. We’re recovering some here today, the wheat’s doing the biggest recovery of all,” said Jack Scoville of Price Futures Group in Chicago. Markets […] Read more
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