acres Archives - Page 18 of 31

Feed weekly outlook: Demand strong for Canadian wheat

By GFM Network News February 19, 2021

MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat […] Read more

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn slump on record USDA acreage projections

Wheat gains on harsh U.S. cold, surging European wheat

By GFM Network News February 19, 2021

Chicago | Reuters — Corn and soybean futures retreated on Thursday after the U.S. Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record. U.S. wheat futures, meanwhile, climbed to the highest level in 2-1/2 weeks on rallying European wheat prices, a […] Read more

ICE March 2021 canola with 20- and 50-day moving averages and CBOT May 2021 soybean oil (dark green line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: March canola contract not quite out of game

By GFM Network News February 18, 2021

MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, according to Keith Ferley of RBC Dominion Securities in Winnipeg. Open interest in the March contract was around 15,000 as of Feb. 17. Ferley noted […] Read more

Crops, Markets

Mustard growers face decision time

AAFC projects more acres in 2021-22

By GFM Network News February 17, 2021

MarketsFarm — For Canadian mustard seed growers, next month will be crucial in learning whether seeding predictions from Agriculture and Agri-Food Canada come to fruition. Current mustard seed prices, though, seem to support a rise in the number of acres this coming crop year. Canadian farmers in 2020 grew 99,000 tonnes of mustard seed, the […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets

Feed weekly outlook: Barley demand pressures domestic supply

By GFM Network News February 12, 2021

MarketsFarm — Increasing demand for feed barley has created a strong but extremely tightened market for the crop and it may potentially buck seeding predictions for 2021-22. Peter Watts, managing director of the Canadian Malting Barley Technical Centre in Winnipeg, said rising demand from China is also raising prices for feed barley, urging growers to […] Read more

Crops, Markets, Pulses

Pulse weekly outlook: Normal yields expected for dry beans in 2021-22

By GFM Network News February 11, 2021

MarketsFarm — The number of acres seeded for dry beans in Canada in 2020-21 was at its highest level in more than a decade. But this upcoming crop year, acreage and yields are expected to return to normal. Dennis Lange, pulse specialist for Manitoba Agriculture at Altona, said he hadn’t seen yields like last year’s […] Read more

Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)

Crops, Lentils, Markets

Pulse weekly outlook: Canada’s lentils face competition

By GFM Network News February 3, 2021

MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more

Crops, Markets, Oats

Oat prices running out of upside

By GFM Network News February 2, 2021

MarketsFarm — Oat prices in Western Canada have shown some strength over the past year, but competition from other crops will likely lead to an acreage reduction this spring despite the firm prices, according to market participants. Ryan McKnight, from Linear Grain at Carman, Man., had seen prices for the crop rise last fall, but […] Read more

Crops, Markets

Canadian flax prices, exports going up

By GFM Network News January 28, 2021

MarketsFarm — High demand and an accompanying increase in overseas exports have resulted in reduced domestic supply for Canadian flaxseed, helping drive prices for the crop to highs unseen in years. Marlene Boersch, owner of Mercantile Consulting Venture in Winnipeg, said the amount of flax from Canada going to the U.S. and European Union is […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Adversity bolsters chickpea bids

'Other crops just pencil in better'

By GFM Network News January 27, 2021

MarketsFarm — Canadian chickpea prices have either stayed firm or slightly went up as the pulse runs into more than its fair share of adversity. Limited supply, reduced demand and environmental factors have all affected the long-term prospects of the crop at home and abroad, according to Colin Young of MidWest Grain in Moose Jaw. […] Read more

GFM Network News

Ukraine’s farms once fed billions but now its soil is starving

Argentine farmers bag last fields of a dream wheat season

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

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