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Tag Archives Commodity News Service Canada

(File photo courtesy Canola Council of Canada)
Crops, Markets

Canola futures continue their slide

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CNS Canada – Canola futures slid to their lowest levels in 15 months during the week ended Nov. 9, but managed to uncover some support to the downside and could be consolidating. While off-the combine deliveries were slowing down with the advent of winter, the commercial pipeline is still filled with recently harvested canola supplies. […] Read more
Photo: iStock
Crops, Markets

Prairie wheat bids down with U.S. futures

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CNS Canada – Wheat bids in Western Canada were lower for the week ended Nov. 8, following the lead of dropping United States futures markets. Average Canada Western Red Spring (13.5% CWRS) wheat prices were down slightly, falling by less than a dollar to C$2 per tonne, according to price quotes from a cross-section of […] Read more
(Simazoran/iStock/Getty Images)
Crops, Markets

CBOT soybeans recover after dismal USDA data

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CNS Canada – The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, […] Read more
Roquette hopes pea acreage will increase in Manitoba, but the financial incentive will need to be there for farmers in order to dedicate the acres. Photo: File/Lisa Guenther
Peas, Pulses

Construction resumes at Portage pea plant

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CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end of October. According to a company spokesperson construction was halted last spring “to adjust and fine tune the project.” ”We took the opportunity to include […] Read more
(Dave Bedard photo)
General, Markets

Tight supplies could see diesel prices rise

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CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn […] Read more
Though some later seeded flax saw some frost damage, oil content in this year’s flax crop is averaging between 42 and 45 per cent. Photo: File
Crops

Quality-wise Prairie flax crop in good shape

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CNS Canada – As the amount of flax grown in Western Canada remains in a steep decline, this year’s crop was pretty good in terms of quality. “This year there are some visual black seeds in the crops, but it’s not that bad. It’s a pretty small amount, kind of negligible for the buyer,” said […] Read more

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