Weather News
Today’s precipitation
December 10, 2018
Data and maps from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the WeatherFarm mobile app, available for iPhone and Android devices. To learn more about the […]
Fall rye’s popularity catching on Prairies
December 7, 2018
CNS Canada — It’s good and bad news when it comes to winter cereal acreage in Western Canada. Winter wheat acres in Manitoba and Saskatchewan are down this fall, while acreage in Alberta increased, and fall rye acres in all provinces rose. “I think a lot of the guys that […]
Bad harvest weather causes potato shortage
December 6, 2018
From Prince Edward Island to Alberta, this fall was a massive migraine for potato growers. Rain, snow and unseasonably cold weather prevented producers from digging potatoes out of the ground. As a result, about four percent of the crop was not harvested and potato processors are facing a shortfall. “This has been a very difficult […] Read more
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December StatsCan report could vary from years past
December 4, 2018
CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had […]
Drought persists on the Prairies
November 8, 2018
Thanks to a rainy and snowy October, soil moisture conditions have improved across much of the Prairies. While things are better, compared to a month or 60 days ago, many parts of Western Canada remain in a multi-year drought. “Conditions have improved, is the short version,” said Patrick Cherneski, manager of the national agro-climate information […] Read more
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Severe hailstorms drive up claims
November 8, 2018
Every cloud has a silver lining, as the saying goes, but for the prairie growing season of 2018, the silver lining came without many clouds — hail clouds in particular. The Canadian Crop Hail Association released its hail summary Nov. 1, noting lack of moisture in many areas this summer resulted in fewer storms than […] Read more
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Ag News
U.S. livestock: CME lean hogs rebound
December 7, 2018
Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on […]
Altria to marry Canadian pot with big tobacco
December 7, 2018
Reuters — Marlboro cigarette maker Altria Group announced a $2.4 billion investment in Cronos Group on Friday, which could give it up to 55 per cent ownership of the Canadian cannabis producer. The deal represents by far the biggest investment by a major tobacco conglomerate in a cannabis company. It […]
Bunge reportedly ready to replace CEO
December 7, 2018
Reuters — Bunge Ltd. is preparing to replace its CEO Soren Schroder as the global grains trader faces investor pressure, the Wall Street Journal reported on Friday, citing sources. The company is expected to announce the CEO’s departure in the coming days, the report said, citing people familiar with the […]
Ample supplies keep canola weaker
December 7, 2018
ICE Futures canola contracts weaker in the most active months at Friday’s close, after trading to both sides of unchanged in choppy activity. Strength in the Canadian dollar accounted for some of the selling pressure in canola, according to participants. The currency was up by roughly half of a cent relative to its United States […] Read more
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Canola stronger on lower StatsCan estimate
December 6, 2018
ICE Futures canola contracts were stronger in the most active months on Thursday, although activity was choppy as a number of conflicting influences pulled on the market. A downward revision to Statistics Canada’s canola production estimate provided underlying support. The government agency pegged the 2018-19 crop at 20.3 million tonnes, which was at the lower […] Read more
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Firm canola has limited upside
December 6, 2018
Canola futures on the ICE platform moved higher during the week ended Dec. 6, as the market corrected off of the lows hit in late November. Gains in Chicago Board of Trade soybeans and a smaller 2018 Canadian canola crop contributed to the advances, although values may not have much more room to the upside, […] Read more
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