» Daily news

National job vacancy rate increases in ag sector

No Comments

tagged agriculture hourly wage job vacancy statistics canada statscan vacancy rate vacant jobs
CNS Canada -- The national job vacancy rate in the agriculture, forestry, fishing and hunting sector is increasing compared to the same period a year ago. Data for the first quarter of 2018, ending April 30, showed a vacancy rate of 6.9 per cent in the sector compared to 5.3 per cent in the first quarter of 2017. Statistics Canada defines the job vacancy rate as the number of job vacancies expressed as a percentage of labour demand; that is, all occupied and vacant jobs. In…
[Read more]

Forecaster sees 65 per cent chance of El Nino emerging in fall

No Comments

tagged CPC El Nino ENSO ocean surface temperatures
Reuters -- Chances of the emergence of the El Nino weather pattern have increased to 65 per cent during the fall and 70 per cent during winter 2018-19, a U.S. government weather forecaster said on Thursday. The last El Nino, a pattern that brings a warming of ocean surface temperatures in the eastern and central Pacific every few years, was linked to crop damage, fires and flash floods before it went away in 2016. "The forecaster consensus favours the onset of El Nino during the…
[Read more]

Firm, steady flax prices seen in the cards

No Comments

tagged carryout China demand European Union flax flax acres flax stocks seeded acreage statistics canada United States
CNS Canada -- Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. "Given the demand in the market from China, the United States and potentially even the European Union, I really think demand for flax is going to be strong," said Wayne Thompson, executive director of the Saskatchewan Flax…
[Read more]

U.S. livestock: Hogs up, live cattle decline on spreading

No Comments

tagged cash hogs cattle futures closing markets CME feeder cattle hog futures hogs lean hog live cattle livestock futures
Chicago | Reuters -- U.S. livestock futures were mixed on Friday, with lean hogs sharply higher and live cattle narrowly lower in largely technically driven and spread trading, dealers said. Friday was the final day of the five-day roll for funds tracking Standard + Poor's Goldman Sachs Commodity Index, and investors moving out of front months helped to prop up some deferred livestock futures contracts. Deferred lean hogs contracts jumped for the second straight session -- after…
[Read more]

Crude oil and canola part company, for now

No Comments

tagged biodiesel canola canola futures crude oil Errol Anderson ICE Futures Mike Jubinville NYME oilseed palm oil rapeseed
CNS Canada -- The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. On Jan. 10, the cost of a barrel of oil on the New York Mercantile Exchange was US$61.82. Now, that same barrel is closer to US$71. Canola, on the other hand, has fallen from…
[Read more]

U.S. grains: Soy sinks to new lows as trade war seen swelling supply

No Comments

tagged cbot China closing markets corn futures exports Midwest soybean futures stocks tariffs USDA wheat futures
Chicago | Reuters -- U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure from a favourable weather forecast for much of the U.S. Midwest crop. Wheat, however, jumped for a second straight day as crop production shortfalls…
[Read more]

Italy says it won’t ratify EU-Canada trade deal

1 Comment

tagged Canada CETA EU free trade Italy ratification
Rome | Reuters -- Italy will not ratify the European Union's free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, although Canadian officials played down the threat to the accord, which mostly took effect last year. "Soon CETA (the Comprehensive Economic and Trade Agreement) will arrive in parliament and this majority will reject it and it will not ratify it," Di Maio said at a farmers' association gathering in Rome. "If so much as one Italian…
[Read more]

Today’s precipitation

tagged Canada CoCoRaHS prairies temperature weather WeatherFarm
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 [Read more]

U.S. spring wheat, durum expected to surge

No Comments

tagged bushels per acre durum NASS spring wheat wheat acres wheat production winter wheat yield
CNS Canada -- Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent of production, is expected to come in hard red spring wheat. Spring wheat harvested area is expected to increase to 12.9 million acres, unchanged…
[Read more]

Pulse weekly outlook: Peas may find opportunities ahead

No Comments

tagged China india peas processors pulses soybeans tariffs
CNS Canada -- Ongoing trade disputes between the U.S. and several other countries might offer short-term opportunities for Canadian peas, but do the overall industry no good, according to the executive director of Saskatchewan Pulse Growers. Carl Potts said ppeas could potentially find access to markets where the U.S. has been shut out, or in markets where U.S. goods face high tariffs. For example, a threat of tariffs on U.S. soybeans destined for China could create an…
[Read more]
« Older articles
COPA Medallion COPA finalist in 2012, 2014 and 2015.
©2018 AGCanada is a production of Glacier FarmMedia Limited Partnership. Any affiliated or third party content is the property of its respective owner and is used with permission.
Please refer to Copyright Page for details.
Click here to view our Website Terms of Use.