Source: Sean Pratt, Producer.com, November 28, 2019 Canadian wheat sales to China jumped to 1.75 million tonnes last year from a more typical 500,000 to 700,000 tonnes in previous years China is changing the way it administers its wheat tariff rate quota, and that should result in millions of tonnes of additional sales for exporters… Continue reading Wheat sales could skyrocket
Tag: Agriculture Markets
Prairie wheat bids follow U.S. futures higher
Source: Ashley Robinson, Commodity News Service Canada, April 9, 2018 Winnipeg (CNS Canada) – Wheat bids in Western Canada rose for the week ended April 6, following the lead of United States futures. Average Canada Western Red Spring (13.5 percent CWRS) wheat prices rose by C$13 to C$16 per tonne across the Prairie provinces, according to price… Continue reading Prairie wheat bids follow U.S. futures higher
Frisky market rally ignores larger reality of oversupply
Source: Ed White, Producer.com, April 5, 2018 U.S. wheat sales are lagging annual averages, but American farmers plan to put 12.6 million acres of spring wheat in the ground this season. That could take all-wheat seedings to 47.3 million for harvest in 2018, 1.3 million more than last year. It was out with the old and… Continue reading Frisky market rally ignores larger reality of oversupply
Farmers who eye canola rally should consider price protection
Source: Ed White, Producer.com, March 22, 2018 Farmers have been given a gift for this last little bit of pre-seeding. They’ve also been handed a chance for fresh risk, if they’re that sort of guy. It all comes from the canola market rallying about 50 cents a bushel since midwinter, especially in terms of profitability. It… Continue reading Farmers who eye canola rally should consider price protection
Pulse exports down, grain and oilseeds up
Source: Brian Cross, Producer.com, March 15, 2018 Canadian Grain Commission releases figures on agricultural exports for first half of 2017-18 crop year The Canadian Grain Commission has released figures that shed new light on the pace of Canada’s agricultural exports in the first half of the 2017-18 crop year. Not surprisingly, the figures show a… Continue reading Pulse exports down, grain and oilseeds up
Volatile beef market expected to continue
Source: Barbara Duckworth, Producer.com, March 1, 2018 A feedlot owner could be looking at a final selling price ranging from $2,200 to $3,000 per animal during the course of a year RED DEER — Major price volatility continues in the Canadian beef market. Prices fluctuate day to day and that can affect the bottom line for… Continue reading Volatile beef market expected to continue
Alberta’s India trip showing some results
Source: Jeremy Simes, Producer.com, February 27, 2018 The Alberta government and some farmers say their recent trip to India is bearing fruit despite little movement on the tariff issue between both countries. The province announced Feb. 26 that a number of initiatives are in the works since Agriculture Minister Oneil Carlier returned from India. Carlier went… Continue reading Alberta’s India trip showing some results
Malting barley exports are frothy
Source: Sean Pratt, Producer.com, February 19, 2018 Cheers to Canadian barley exporters. The crop has been moving at an incredible clip so far in the 2017-18 crop year. Exporters shipped 925,300 tonnes of barley through week 27 of the campaign, an 85 percent increase over the same period the previous crop year. Read full article here…
Pulse report: Prairie farmers selling before road bans hit
Source: Ashley Robinson, Commodity News Service Canada, Producer.com, February 6, 2018 WINNIPEG, Feb. 6 (CNS) – Demand is picking up as pulse crop producers in Western Canada look to sell what’s left of last year’s crop before spring. “(Farmers) need to get some cash flow going. They’ve got payments probably in February and March and then they… Continue reading Pulse report: Prairie farmers selling before road bans hit
WASDE paints a bearish crop picture for the coming year
Source: Michael Raine, Producer.com, January 12, 2018 It all adds up to too much. Canola, wheat, corn, soybeans, there is more than expected by the grain trade and that isn’t for good prices. The U.S. corn crop was big in 2017-18, but now that the tallies are in, it was bigger. Today’s USDA World Agricultural Supply and… Continue reading WASDE paints a bearish crop picture for the coming year