Weather News
Canadians to spend more on food in 2020, report predicts
December 4, 2019
MarketsFarm — Canadians will spend two to four per cent more on food in 2020, according to the latest Canada Food Price Report from researchers at Dalhousie University’s Agri-Food Analytics Lab and the University of Guelph. The average family in the country will see its total food bill for groceries […]
Today’s precipitation
December 4, 2019
Data 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 CoCoRaHS system […]
U.S. livestock: Live cattle touch seven-month peak on weather woes
November 26, 2019
Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, recording a seven-month high on expectations that a winter storm this week would slow the movement of cattle to beef packing plants and possibly curb the ability of feedlot cattle to gain weight, traders said. A powerful snowstorm […]
County of Grande Prairie declares agricultural disaster
November 14, 2019
Councillors with the County of Grande Prairie have declared an agricultural disaster in the region, marking what is considered to be a fourth straight year of difficult conditions. Several factors, including wet conditions that delayed seeding last spring, excessive rainfall, and cool weather have slowed production and have led to poor crop quality, the county […] Read more
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Almost half of Alberta’s sugar beet crop is lost
November 14, 2019
About 45 percent of Alberta’s 2019 sugar beet crop will not be harvested. It means about 12,600 of the 28,000 contracted acres are lost to producers and lost to Lantic Sugar, the processor that operates the sugar factory in Taber, Alta. “It’s hard to take,” said Alberta Sugar Beet Growers President Arnie Bergen-Henengouwen. “It’s been […] Read more
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Manitoba, N.D. farmers still combining soybeans
November 14, 2019
After weeks of minimal progress, farmers in Manitoba and North Dakota are getting soybeans in the bin. In the first week of November, 75-80 percent of the soybeans were harvested in Manitoba. That’s behind the three-year average of 94 percent, but much better than the third week of October, when only 25 percent of soybeans […] Read more
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Ag News
With steady feed prices, ample supplies, buyers delaying purchases
December 5, 2019
WINNIPEG, (MarketsFarm) – With good supplies available, don’t expect to see much movement in prices for feed wheat and barley over the next several months, according to Nelson Neumann, senior trader at Agfinity in Stony Plain, Alta. Neumann said barley currently was around C$223 per tonne Lethbridge delivered and wheat was a little back at […] Read more
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ICE canola weekly outlook: Steady market waiting on news
December 5, 2019
Winnipeg, (MarketsFarm) – ICE Futures canola contracts moved lower during the week ended Dec. 4, but remain range-bound overall awaiting some fresh market moving news. Some direction could come from the United States soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 deadline […] Read more
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Atlantic Farm Services takes sister firm’s new name
December 4, 2019
The former ag retail distribution and feed milling businesses of Co-op Atlantic are set to take the new name of their sister company. Sollio Agriculture, the agribusiness arm of Quebec-based La Coop federee, announced Monday its Atlantic Farm Services business is officially rebranding with the Sollio Agriculture banner, which La […]
ICE weekly outlook: Canola steady, awaits news
December 4, 2019
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain rangebound overall awaiting some fresh market-moving news. Some direction could come from the U.S. soybean complex, as the ongoing back-and-forth of trade talks with China could see some actual movement ahead of a Dec. 15 […]
CBOT weekly outlook: Headlines, geopolitics drive prices
December 4, 2019
MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the […]
Stronger dollar drops canola futures
December 4, 2019
WINNIPEG, Manitoba, (Reuters) – ICE canola futures eased on Wednesday, pressured by a stronger Canadian dollar. * The Canadian dollar strengthened to a two-week high against the greenback as investors cut bets that the Bank of Canada would ease interest rates over the coming months. * January canola eased 30 cents to $452.60 per tonne. * January-March canola spread traded 7,753 […] Read more
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