The number of flax acres in Western Canada will likely be up this year, but it’s looking like it might not be as high as many analysts and people in the flax industry were expecting. According to Statistics Canada’s planting intentions report released last month, farmers in Western Canada are planting 1.63 million acres of… Read More

The grains complex ended the week on the up and up thanks to weather concerns, strong international purchasing, and the Kansas crop tour showing fields that came in below expectations. The oilseed complex was boosted by soybean oil and meal technicals, labour issues in South America, and Chinese buying. On the wheat side, Egypt bought… Read More

Approximately 25 percent of the 2015 crop on the Canadian prairies was in the ground at the start of this week (May 4th), according to the weather and crop specialist with CWB Market Research. Dry conditions in southern Alberta, southwestern Saskatchewan and south-central/southeastern Manitoba have allowed seeding operations to advance ahead of average, with “virtually all”… Read More

Grains all ended the week lower as planting continues south of the 49th parallel with some activity here in Western Canada but things have been slowed by some sporadic, cooler weather. The USDA’s progress report is showing us that corn sowing is slightly behind schedule with the southeast and eastern regions way behind. As a result,… Read More

Statistics Canada published its annual pre-seeding acreage estimates on Thursday morning. As expected, the planting intentions survey showed Canadian farmers plan to seed more wheat, oats and barley and less canola and soybeans than in 2014  (see chart.) There were some surprises in the report, as the canola acreage projection of 19.4 million acres was almost… Read More

A shortage of low-fusarium feed wheat and the decreased value of the Canadian dollar are supporting the cash price for corn on the eastern side of the prairies. Old crop Chicago futures have been trading in the US$3.65 to US$3.95 range since early January, while cash bids in southern Manitoba have risen to between C$4.50 and C$5 bushel…. Read More