CNS Canada – The prairie malting barley crop is faring reasonable well in the hot, dry weather, but crop watchers will have a better idea of protein content in a couple weeks. “We’ve yet to see what this crop is. I think we’re a little early yet. Indications are that it could be a little […] Read more
Dry weather not a problem for malt barley crop, so far
Feed barley defies expectations as prices rally
CNS Canada – Feed barley prices have no business being where they are, based on supply-demand fundamentals, but that hasn’t quelled the rally. With prices for old crop sitting a premium over new crop, most in the industry expected old crop would gradually decline over summer and the two would eventually converge. But dry weather […] Read more
North Dakota bean acreage down, as crops get off to good start
Hotter-than-normal temperatures have created concern in leading U.S. edible bean-producing state
The dry edible bean crop in North Dakota is shaping up well, according to Tom Kennelly, president of Northarvest Bean Growers Association. “But there are spots that got adequate moisture and there are still spots that are waiting on timely rains,” he said, from his farm near Grafton, N.D. North Dakota is by far the […] Read more
Ontario, Manitoba corn crops need rain
CNS Canada — Corn development in key growing areas of Ontario and Manitoba remains highly variable as the crop nears its yield-determining phase. “The pollination stage is the critical part of the corn-growing period and I would say probably within the next three weeks we will know what yield is going to look like,” said […] Read more
Prairie hay crops look thin in many areas
CNS Canada — Many farmers taking off their first hay cuts are also gathering more talking points to grumble over at coffee row. While many producers are still working to get the first cut done and the situation could change with the second cut, many regions are already reporting below-average yields. “In areas of the […] Read more
Feed weekly outlook: Barley exports could signal market strength
CNS Canada — Jeff Nielsen, a director with Alberta Barley, expected barley exports to make a strong showing. Numbers recently posted by the Canadian Grain Commission confirmed the good news he had been waiting for. “We kind of had an inkling they were going to be good and high and yeah, it just reaffirms it. […] Read more
Chinese demand boosting Canadian wheat, barley exports
CNS Canada — China is making major moves to import more Canadian wheat and barley this year. Data released by the Canadian Grain Commission show China more than tripled its wheat imports, taking in 979,100 tonnes as of May, up from 295,300 tonnes in the same period of 2016-17 and an increase of 231.6 per […] Read more
Ag balance sheet points to stable Canadian farm economy
Farm real estate now accounts for more than three quarters of farm asset value
Canadian farmers saw their farm equity climb 6.9 per cent last year compared to the year before and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada in June reported 2017 farm equity climbed $36.4 billion to $535.3 billion, compared to $500.75 billion in 2016. […] Read more
National job vacancy rate increases in ag sector
CNS Canada — The national job vacancy rate in the agriculture, forestry, fishing and hunting sector is increasing compared to the same period a year ago. Data for the first quarter of 2018, ending April 30, showed a vacancy rate of 6.9 per cent in the sector compared to 5.3 per cent in the first […] Read more
Firm, steady flax prices seen in the cards
CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the […] Read more
Cyber-Savvy Farmer
