acres Archives - Page 29 of 31

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Canola prices vulnerable after StatsCan report

By GFM Network News June 30, 2018

CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat sets two-week high

By GFM Network News June 29, 2018

Chicago | Reuters — U.S. wheat futures touched a two-week high above US$5 a bushel on Friday on reduced expectations for France’s harvest while corn prices rose on concerns over unfavourably hot U.S. crop weather. Soybean futures touched a one-week low after a bout of selling late in the trading session erased earlier gains. An […] Read more

Crops, Markets

Canadian canola area likely above earlier projection

By GFM Network News June 26, 2018

CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more

Crops, Markets, Oats

Ample supply keeps oats under pressure

By GFM Network News June 8, 2018

CNS Canada — Canadian oat crops are in reasonably good shape following recent rains, though prices may find themselves under pressure as end-users are well covered for the time being. Farmers planned on seeding about 3.15 million acres of oats in the country in 2018, down only slightly from the 3.2 million seeded the previous […] Read more

Chickpeas. (Grigorenko/iStock/Getty Images Plus)

Crops, Markets, Pulses

Pulse weekly outlook: Large U.S. crop possible, despite reduced acres

By GFM Network News May 23, 2018

CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, after poor crops in 2017, […] Read more

Lentil plants in bloom. (BasieB/iStock/Getty Images)

Crops, Pulses, Weather

Pulse weekly outlook: Good start despite dry conditions

By GFM Network News May 15, 2018

CNS Canada — Dry soil conditions persist across many areas of Western Canada but the outlook for pulse crops seems fairly promising in one specialist’s view. “For the pulses, seeding has been going fairly well,” said Daphne Cruise, crops extension specialist with Saskatchewan’s provincial Agriculture Knowledge Centre in Moose Jaw. “A lot of the pulses […] Read more

Farmer Brian Derksen seeds wheat on May 2, 2017 near Miami, Man., about 80 km south of Portage la Prairie. (Screengrab from Allan Dawson video)

Crops, Markets

Grain trade skeptical of StatsCan’s acreage outlook

By GFM Network News April 27, 2018

CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken […] Read more

General, Markets, Weather

Farmland values rise, but interest rates curb market

By GFM Network News April 23, 2018

CNS Canada — Prices of Canadian farmland were seen rising in 2017, with most sales happening in the first half of 2017 before interest rate increases and the drought in Western Canada hit. That’s according to the annual Farmland Values Report released Monday by Farm Credit Canada (FCC), based on 90 per cent of farmland […] Read more

Crops, Markets, Weather

Trade predicts fewer pulse acres, another canola record

By GFM Network News April 23, 2018

CNS Canada — With the uncertainty regarding the pulse exports to India, it’s looking like 2018 could see more canola acres planted in Canada. Statistics Canada will release its Principal Field Crop Areas report on Friday (April 27). Last year saw Canada’s canola area at a record 23 million acres, but this year could again […] Read more

A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)

Crops, Markets, Reuters

U.S. grains: Corn, soy soar on bullish USDA plantings forecast

By GFM Network News March 29, 2018

Chicago | Reuters — U.S. corn futures jumped nearly four per cent on Thursday and soybeans surged more than two per cent after the U.S. Department of Agriculture stunned traders by projecting a year-on-year decline in soybean plantings and a larger-than-expected drop in corn acres. Chicago Board of Trade wheat futures followed the firm trend, […] Read more

U.S. livestock: Live cattle drop as beef prices, packer margins erode

CBOT Weekly: Soybean, wheat futures come down

Masterfeeds to enter new ADM/Alltech feed joint venture

GFM Network News