Weather News
Today’s precipitation
February 21, 2020
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 […]
Variable winter weather brings uncertainty
February 20, 2020
BRANDON — Late-season rain wreaked havoc on the 2019 harvest, but those conditions helped restore topsoil moisture to key growing regions. However, since then snow coverage has been variable across the Prairies, causing some to wonder if the coming growing season will get off to a rocky start. “If we take a look at rainfall […] Read more
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Tile drainpipe supplier AccuPipe changes hands
February 20, 2020
Winkler drain tile manufacturer AccuPipe is back with its previous owners after a six-year stint under U.S. management. Precision Land Solutions (PLS) announced Friday it has bought the AccuPipe business — which makes HDPE tubing for the farm, commercial and construction tile drainage markets — from Minnesota-based manufacturer Prinsco for […]
More tax deferral zones announced for ranchers
February 18, 2020
CORRECTED, Feb. 18 — More ranchers who were up against a dry 2019 may now be eligible to defer some income from their livestock sales for the income tax year. The federal government on Tuesday released the “final list” of designated regions where income tax deferral on sales of breeding […]
Summer forecast points to average Prairie temps and more rain
February 14, 2020
Winnipeg,(MarketsFarm) – The Canadian Prairies should see higher-than-normal precipitation and generally average temperatures during the 2020 growing season, according to a forecast from Scott Kehler of Weatherlogics. Speaking at the CropConnect 2020 conference in Winnipeg, Feb. 13, Kehler said “there’s not really a strong pattern one way or the other,” when it comes to the […] Read more
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Normal spring runoff likely
February 13, 2020
A preliminary spring runoff forecast indicates near normal runoff in Saskatchewan even though snowfall accumulation is well below normal. The Water Security Agency said the extremely wet fall of 2019 will increase the chances of higher runoff. Most regions in the south had lots of precipitation in the fall and the wettest areas were around […] Read more
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Ag News
Coronavirus stalls talks with China on canola ban
February 21, 2020
Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last […]
Fund traders still bearish on canola
February 21, 2020
MarketsFarm — Large fund traders covered short positions in soybeans and corn during the week ended Tuesday, but continued to add to bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in […]
U.S. grains: Soy, wheat, corn close lower after early gains
February 21, 2020
Chicago | Reuters — U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session. Soybean futures hit their highest in more than three weeks after the U.S. Agriculture Department at its annual Outlook Forum projected domestic soybean ending stocks […]
USDA soybean forecast up, corn to hit record
February 21, 2020
By Glen Hallick, MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – With spring planting approaching, the United States Department of Agriculture (USDA) released its agricultural outlook on Feb. 21. The department predicted increased acres for soybeans and corn, but a slight decrease in wheat acres in 2020/21. After dropping by approximately 14.7 per cent in 2019/20, […] Read more
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Western Canadian wheat: Bids either side of steady
February 21, 2020
WINNIPEG,(MarketsFarm) – Wheat bids in Western Canada for the week ended Feb. 20 trade either side of steady for Canadian Western Red Spring Wheat (CWRS), Canada Prairie Red Spring (CPRS) and Canadian Western Amber Durum (CWAD), despite gains in the United States futures. The Canadian dollar was virtually unchanged for the week, which provided […] Read more
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Market uncertainty a drag on canola prices.
February 20, 2020
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts ended narrowly mixed on Thursday, despite spending most of the trading session in the red. Uncertainty regarding when China will be in the market for agriculture commodities has sidelined some participants, which dragged on prices. The Canadian dollar was slightly weaker at around 75.44 U.S. cents, […] Read more
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