Both old- and new-crop cash bids for green peas in Western Canada have reached new record highs due to extremely tight supplies. According to Francis Gaudet of Belle Pulses, there are almost no old-crop green pea supplies left in Canada, and the country will run out before the next growing season, leaving zero carryover stocks. […] Read more
Prairie new-crop, old-crop pea prices at record highs
Lower prices may mean fewer Man. corn acres
Farmers in Manitoba may plant fewer acres of corn this spring than anticipated a few weeks ago due to weaker prices. Eldon Dueck, a grain merchant with Linear Grain at Carman, Man., said Manitoba farmers were receiving about $6.70 per bushel for their corn as of Tuesday. "The market has really dropped," he said. "We […] Read more
Poor yields should reduce Prairie flax acres
Farmers in Western Canada are expected to plant fewer acres of flax in the spring because of poor yields in 2012, industry officials said. Agriculture and Agri-Food Canada estimated in its Jan. 28 supply/demand report that farmers in Canada would plant around 864,868 acres of flax in the spring of 2013, down from 980,000 acres […] Read more
U.S. drought to impact early summer weather on Prairies
What happens with the drought situation in the U.S. this spring is expected to impact what happens with the weather in Western Canada during the early part of summer in 2013. Drew Lerner, weather specialist with World Weather Inc. in Kansas, said if the dry weather in the western U.S. Corn Belt and Plains continues, […] Read more
Canaryseed movement slows in Western Canada
Movement of canaryseed in Western Canada has slowed down, following a pickup in activity prior to Christmas. Bobby Leavins, operations manager with Rayglen Commodities at Saskatoon, said a strong price encouraged farmers to sell their crops just before Christmas — but that value has since dropped off, causing farmers to be slower sellers. According to […] Read more
Prairie green pea prices still hover around record highs
Green pea prices across the Prairies are still hovering around record highs, despite a drop-off in demand. According to Prairie Ag Hotwire, green pea prices in western Canada delivered to the elevator ranged from $13.25 to $15 per bushel on Monday (Jan. 14). This compares to month-ago prices of $13-$14 per bushel and year-ago values […] Read more
Prairie winter moisture conditions looking good
A good portion of the Prairies is seeing above-average precipitation and snow pack levels in the early part of the winter season, which should bode well for the 2013 crop, according to a government climate analyst. Trevor Hadwen, a specialist with Agriculture and Agri-Food Canada’s AgroClimate service in Regina, said a large portion of the […] Read more
Prairie oat prices drop, following futures markets
Oat prices in Western Canada lost about 30 to 35 cents per bushel throughout the week ended Dec. 21, following along with outside grain futures markets. "Oats tend to be a bit of a corn follower, and corn exports are just way down," said Ryan McKnight, a grain merchant with Linear Grain at Carman, Man. […] Read more
Hog producers continue operations despite losses
Canadian hog producers are still losing money as feed prices are high and values are low. But they’re continuing to operate because they’re optimistic they can turn things around as hog prices are expected to move higher in the spring. "Based on the futures market in the U.S., we could see prices improve in the […] Read more
Basis levels keep Prairie canola cash bids strong
Strong basis levels at grain elevators across Western Canada have helped to keep cash prices for canola strong, despite falling futures prices. "Even though there’s been some weakness in the futures market, the basis levels have been tremendous, which has kept the No. 1 Canada canola bids toward that $14 a bushel range, which to […] Read more
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