Oats futures at the Chicago Board of Trade (CBOT) rose to their highest levels in five months in early May as strength in wheat provided support.
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Oat prices rise to five-month highs
ICE Canada Weekly: Almost no chance of bullish path for canola
There are simply too many bearish factors that continue to weigh on canola values, leaving the oilseed unable make any sort of turnaround in early May, according to Tony Tryhuk of RBC Dominion Securities in Winnipeg.
Canadian corn imports expected to slow in 2024/25
Early expectations point to increased Canadian grain production in 2024/25, which should cut into corn imports from the United States, according to a report from the U.S. Department of Agriculture’s attaché in Ottawa.
AAFC makes a few tweaks in Apr S&D report
Agriculture and Agri-Food Canada made a small amount of changes in its April supply and disposition report released on Apr. 19. Of the changes made, nearly all were slight adjustments to its pulse and special crop numbers.
Federal budget promises lower costs, interest relief for farmers
Budget 2024 will see approximately $52 billion spent over five years
The 2024 federal budget, tabled today, promises several benefits for Canadian farmers.
Canary seed growers optimistic for 2024
David Nobbs, chair of the Canary Seed Development Commission of Saskatchewan and pulse merchant for Purely Canada Foods, said exports are on pace for 110,000 to 120,000 tonnes in 2023-24, compared to 150,000 to 160,000 in a typical year. Statistics Canada (StatCan) projected 125,000 tonnes of exports for 2023-24, compared to 147,000 the previous year.
Pulse Weekly: Chickpea prices drop, acres likely to increase
Recent price declines for Western Canadian chickpeas do not seem to be deterring growers from seeding the crop this spring.
Funding cut shouldn’t affect local 4-H clubs
AAFC has cut its funding to 4-H Canada by 30 per cent, but group says it has other irons in the fire
A recent federal funding cut shouldn’t affect local 4-H clubs, at least for now, says 4-H Canada. The national organization said its most recent round of funding from Agriculture and Agri-Food Canada totals $1.7 million over three years. In the past, it has received about $1 million per year, said interim CEO Hugh Maynard by email.
Seasonal trends underpinning feed grains for now
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
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