A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent […] Read more
Tag Archives durum — page 18
Legalization lifts Canada’s net farm income in 2019
Livestock receipts up, unsmokeable crop receipts lower
Prairie cash wheat: Bids weaken with seeding underway
MarketsFarm — Spring wheat bids in Western Canada lost ground during the week ended Thursday, with losses in U.S. futures and improving Prairie seeding weather weighing on values. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by 50 cents to $1 per tonne, according to price quotes from a […] Read more
Adjustments likely ahead for StatsCan’s early acreage estimates
Projections still in line with grain trade's expectations
MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area is expected to see some shifts from the projections released Thursday. “As a result of the timing of the COVID-19 pandemic, these estimates were produced […] Read more
Trade estimates vary ahead of StatsCan’s acreage report
MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures put in place due to the COVID-19 pandemic, StatsCan was scheduled to release its first principal field crops area report for 2020 on April 24. […] Read more
Prairie cash wheat: Bids mixed
MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with some gains observed in Canada Western Red Spring (CWRS) wheat, and a mixed tone for Canada Prairie Spring Red (CPSR). Durum (CWAD) saw small losses. Average CWRS (13.5 per cent protein) wheat prices were steady to up by $4 per […] Read more
Prairie cash wheat: Most bids see increases
MarketsFarm — Wheat bids in Western Canada were mostly higher for the week ended Thursday. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats improved and Canada Western Amber Durum (CWAD) was generally firm. Support came from steady to higher prices in U.S. markets, while a strong Canadian dollar put a lid […] Read more
Prairie cash wheat: Durum holds steady, other spring wheats down
MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Thursday, due to declines in U.S. markets. Support came from a weaker Canadian dollar. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats were lower, while Canada Western Amber Durum (CWAD) was steady to higher. Average CWRS (13.5 […] Read more
Prairie cash wheat: Bids mostly stronger
MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more
Prairie cash wheat: Prices a mixed bag
U.S. futures, loonie down on week
MarketsFarm — Wheat bids in Western Canada saw gains and losses for the week ended Thursday, due to declines in U.S. markets and a lower Canadian dollar. Canada Western Red Spring (CWRS) wheat was mixed with some losses, but prices steady to higher in six of the Prairie regions. Canada Prairie Spring Red (CPSR) was […] Read more
U.S. projects wheat acres at record lows, increases for soy, corn
Grain stocks as of March 1 down on year
MarketsFarm — As with last year, total wheat acres in the United States are projected to remain at all-time lows, according to the U.S. Department of Agriculture (USDA). The department issued its prospective plantings estimates Tuesday. MarketsFarm director of markets and weather Bruce Burnett called USDA’s wheat and soybean estimates positive, while he said its […] Read more
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