CNS Canada — Ongoing trade disputes between the U.S. and several other countries might offer short-term opportunities for Canadian peas, but do the overall industry no good, according to the executive director of Saskatchewan Pulse Growers. Carl Potts said ppeas could potentially find access to markets where the U.S. has been shut out, or in […] Read more
Pulse weekly outlook: Peas may find opportunities ahead
Consider hedging against rate hikes, farmers advised
CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans […] Read more
Pulse weekly outlook: How growers can use weather markets
CNS Canada — With seeding complete and weather now the dominant market force, pulse producers can take advantage of their unique position, if they know how. Brian Clancey of Stat Publishing said farmers have a front-row seat to what is happening in their fields and that gives them the upper hand in marketing this time […] Read more
Feed weekly outlook: Producers watching skies for signals
CNS Canada — Farmers and traders are keeping a watchful eye on the weather trying to sort out feed grain supplies. “This time of year, it’s a weather market and weather has been improving in much of Saskatchewan and in some of the more critically dry areas. They got a decent amount of moisture over […] Read more
Feed weekly outlook: Markets watch Japan wheat ban, trade fights
CNS Canada — A Japanese ban on Canadian wheat might eventually push more wheat into feed markets, but traders say that’s not happening so far. Japan, Canada’s No. 2 wheat buyer after the U.S., instituted the ban last Friday after genetically modified wheat was discovered growing in Alberta. GM wheat is not approved for commercial […] Read more
Ag balance sheet points to stable farm economy
CNS Canada — Canadian farmers saw their farm equity climb almost seven 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 on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more
Lack of notice a worry on India fumigation exemption
CNS Canada — The CEO of Canada’s pulse industry association says he’s starting to become concerned because a fumigation exemption granted to Canadian pulses exported to India remains expired after 12 days. Normally this exemption is renewed within three or four days, said Gord Bacon of Pulse Canada. Bacon said he checks his email every […] Read more
Manitoba corn harvest off and running
CNS Canada –– Manitoba’s corn harvest is just getting underway as many producers hold off combining to provide extra drydown time. More farmers will likely get into their grain corn this week and next, said Pam de Rocquigny, general manager of Manitoba Corn Growers. “The weather looks great so hopefully corn continues to dry down.” […] Read more
La Nina could return cold, snowy tradition to Prairies
CNS Canada — The world’s major weather forecasters predict a slightly better than 50 per cent chance that a La Nina weather pattern will occur this fall and winter. Most Prairie farmers could see good things happening if the system does materialize, because La Nina systems tend to bring what many people think of as […] Read more
Hay shortage could make for difficult winter
CNS Canada — Many cattle producers looking for local feed this winter might have a difficult time, according to a Saskatchewan provincial forage specialist. However, producers further north in the grey and black soil zones, and those in Alberta producing high-quality feed for export, saw near-record hay production. Terry Kowalchuk of Saskatchewan Agriculture in Regina […] Read more
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