MarketsFarm — Despite ongoing shortfalls of propane in some areas of the U.S. Midwest, the situation doesn’t appear to be adversely affecting Canada, according to the Canadian Propane Association. The late harvest in the Midwest has been further hampered by wet conditions, forcing farmers to dry their grain before putting it in the bin. As […] Read more
Tag Archives harvest — page 28
U.S. propane bottlenecks not affecting Canada
Feed weekly outlook: Prolonged Prairie harvest pushes up grain prices
MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with large amounts of grain to […] Read more
U.S. books latest end to soy harvest in a decade
MarketsFarm —The U.S. Department of Agriculture (USDA), in its oilseed crops outlook issued Wednesday, said the country’s 2019 soybean harvest will wind up the latest in 10 years. As of Sunday, the overall U.S. soybean harvest stood at 85 per cent complete, according to USDA’s weekly crop progress report. The pace was two points behind […] Read more
ICE weekly outlook: Steady canola market stuck in rut
MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices […] Read more
U.S. grains: Soybeans sag on diminishing hopes for China deal
Chicago | Reuters — U.S. soybean futures slipped on Wednesday on diminishing hopes for a deal to ease the trade war with China that has slowed exports of U.S. agricultural products. The market turned lower after a report that trade negotiations “hit a snag” over farm purchases. U.S. President Donald Trump on Tuesday dangled the […] Read more
Alberta harvest likely finished for 2019 in some regions
MarketsFarm – Alberta farmers managed to make some progress despite trying conditions of cold temperatures mixed with snow and rain, including some hail, according to the province’s latest weekly crop report. For the week ended Nov. 5, approximately 88.0 per cent of all Alberta crops were in the bin. That’s up from 80.9 per cent […] Read more
Difficult Manitoba harvest nearing its end
MarketsFarm – In the latest and last weekly crop report for 2019 from Manitoba Agriculture, issued Nov. 5, the overall harvest reached 89 per cent complete province-wide However, it has continued to be a very tough slog for farmers as they contend with muddy fields, in which equipment has left deep ruts. In some areas, […] Read more
Saskatchewan harvest progresses under adverse conditions: report
MarketsFarm – Saskatchewan farmers continued to plug away at the harvest over the past week, with 90 per cent of the crop in the bin as of Oct. 28, according to the latest provincial report. That was up seven points from the previous week, but still behind the five-year average of 96 per cent complete. […] Read more
ICE weekly outlook: Canola bids return to being range-bound
MarketsFarm – Until the New Year expect canola bids to remain range-bound much like it was during the summer, according to one Winnipeg-based analyst. “Canola going C$10 lower isn’t out of the question,” commented David Derwin, commodity portfolio manager with PI Financial. Below normal temperatures on the Prairies coupled with rain and snow have provided […] Read more
Some Saskatchewan crops may stay on fields over winter
A harvest season bereft of good weather will result in some crops staying in the field until springtime. The exact percentage of unharvested crops, however, remains uncertain. “Some of the heaviest snowfall has fallen in the regions where most of the crop was left out,” commented Todd Lewis, president of Agricultural Producers Association of Saskatchewan. […] Read more
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