Insights and Stories on Drytimes

Sep. 13, 2021 at 5:50 pm CDT

MarketsFarm — Barely two weeks after Statistics Canada projected 2021-22 canola production to come in around 14.7 million tonnes, the U.S. Department of Agriculture forecast the Canadian oilseed crop to be about 14 million tonnes. Now, a few days after USDA’s supply and demand estimates, Statistics Canada is already set […]

By Glen Hallick - MarketsFarm

Sep. 10, 2021 at 7:59 pm CDT

MarketsFarm — Much of Western Canada remained in some state of drought at the end of August despite widespread rains late in the month, according to updated maps compiled by Agriculture and Agri-Food Canada. The area mapped out as dealing with ‘exceptional drought’ in south-central Manitoba’s agricultural regions contracted slightly […]

By Phil Franz-Warkentin

Sep. 9, 2021 at 7:20 pm CDT

MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder […]

By Glen Hallick - MarketsFarm

Sep. 8, 2021 at 7:36 pm CDT

MarketsFarm — Canola contracts on the ICE Futures platform drifted lower during the week ended Wednesday, although the market remains stuck in a sideways trading pattern overall as participants try to get a better handle on the size of this year’s crop. An upcoming supply/demand report from the U.S. Department […]

By Phil Franz-Warkentin

Sep. 7, 2021 at 3:19 pm CDT

MarketsFarm — Like many other crops across Western Canada, chickpeas weren’t immune to hot and dry growing conditions over the summer. This year’s domestic chickpea crop is only expected to weigh in at 63,000 tonnes, according to Statistics Canada — less than one-third of the five-year average of 189,600 tonnes. […]

By Adam Peleshaty