Weather News
Today’s precipitation
August 7, 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 […]
Crop tour suggests record-large wheat harvest ahead
August 5, 2020
Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We […]
CBOT weekly outlook: Benign weather keeps corn, soybeans pointed down
August 5, 2020
MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like […]
Flooding aftermath lingers in northwest Sask.
July 16, 2020
Scott Campbell’s cattle operation near Meadow Lake, Sask., should be all green pasture this time of year. Instead, a dike is the only visible land. Pasture, once destined to feed his cattle, is under water. The Beaver River started to flood June 9 and has covered pastures at the ranch, which Campbell farms with his […] Read more
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Sask. producers pick up the pieces after tornadoes
July 16, 2020
Derek Tallon was busy assessing the state of his crops the day after a tornado and hail storm tore across his farm at Lafleche in southwestern Saskatchewan earlier this month. “Probably about 60 percent of the farm has seen some of it and 10 to 20 percent of the acres are pretty close to a […] Read more
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Man. storm strands farmers
July 9, 2020
Farm buildings and other infrastructure north of Brandon were severely damaged June 28-29 after a storm brought high winds and 120 to 160 millimetres of rain to the region. Farmers in the area may struggle to get to their fields this summer because municipalities and the province will need to repair dozens of washed out […] Read more
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Ag News
Feed weekly outlook: Barley bids drop ahead of harvest
August 7, 2020
MarketsFarm — Seasonal harvest pressure is already weighing on the Canadian feed barley market, with most end users covered for the time being and waiting for the new crop. “We’re seeing buyers fill up” on barley, said Susanne Leclerc of Market Master in Edmonton. Bids were dropping on a daily […]
Prairie cash wheat: Loonie, U.S. prices trigger steep declines
August 7, 2020
MarketsFarm — Wheat bids in Western Canada were significantly lower for the week ended Thursday. Those includes double-digit losses for Canada Western Red Spring (CWRS) wheat and Canada Prairie Spring Red (CPSR). Losses in Canada Western Amber Durum (CWAD) were relatively smaller. Pressure came from sharp losses in U.S. markets […]
Managed money’s net long position grows in canola
August 7, 2020
MarketsFarm — Fund traders remained on the buy side in canola in early August, adding to their recently established net long position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in […]
COVID-19 plagues packers
April 14, 2020
CHICAGO/WINNIPEG, Manitoba (Reuters) — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new COVID-19 virus, according to a meat inspector. In Colorado, nearly a third of the workers at a JBS USA beef plant stayed […] Read more
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Canola defies soyoil drop
April 1, 2020
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished lower on Wednesday. Considerable weakness in Chicago soyoil was characterized as an “overwhelmingly negative factor” for canola prices. At market close, soyoil was down by over a penny. In comparison, canola prices held fairly steady. A weaker tone to the Canadian dollar provided support to […] Read more
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Canola mixed amid China rumours
March 31, 2020
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts finished mixed on Tuesday, with strength in nearby contracts due to short covering. Earlier in the day, rumours swirled regarding China increasing its Canadian canola imports. However, the Western Producer confirmed that China will continue to block shipments from Richardson International and Viterra Inc. Canola seed […] Read more
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