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.
Tag Archives prairies
ICE Canada Weekly: Almost no chance of bullish path for canola
Pulse Weekly: More dry beans for Manitoba
Planted dry bean acres in Manitoba are expected to increase for 2024/25. While Statistics Canada projected the Keystone Province to see 201,000 acres, a specialist with Manitoba Agriculture said those acres are likely to be a little bit below the StatCan estimate.
Feed Grain Weekly: ‘A good time to secure pricing’
There has been some movement in feed grain prices across the Canadian Prairies during the week ended Apr. 3, particularly in Alberta. Susanne Leclerc of Market Master Ltd. in Edmonton chalked that up to factors such as road bans and the approach of spring seeding. She also noted a change in corn.
Less North American flax acres, higher prices in Western Canada
Flax prices have been steady to higher over the last month with old crop prices on the Canadian Prairies adding 75 cents per bushel, while those in North Dakota remained unchanged.
Western Prairies to be cooler, wetter than eastern half
With spring planting on the Canadian Prairies a few weeks to a month away, the region’s weather outlook is very likely to take somewhat different paths, according to Scott Kehler of the Manitoba-based Weatherlogics.
Feed Grain Weekly: Barley prices up weeks before seeding
Southern Alberta is seeing a slight bump up in feed barley prices, according to one trader.
Spring wheat bids edge higher in Western Canada
Spring wheat bids in Western Canada moved higher during the week ended March 21, as wheat futures in the United States continued to recover off their nearby lows.
Prairies expected to be cooler, wetter this year
A La Niña weather pattern is on its way and may even bring timely spring rains
There’s a good chance western Canadian farmers and ranchers will see rain in April and May to get crops started and grass growing, says a U.S. based weather scientist.
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.
Farmers, oil drillers in parched Alberta brace for water shortage
Drought could cause double-digit declines in Alberta's wheat yields, data suggests
Drought in Alberta is stretching into its fourth year and farmers and oil companies are planning for water restrictions that threaten production of wheat, beef and crude.