Canola

Overall, crops across the province remain in good condition, noted the provincial crop report released Thursday morning. This is despite excessive moisture causing crop yellowing and crop loss in low lying areas of some regions, as well as drier conditions in other regions. The hot weather will help crops catch up on development after previous […]

Each month the Market Analysis Group of Agriculture and Agri-Food Canada publishes an outlook report for principal field crops.  The March report released this week shows improved price prospects on some crops while others have declined. Looking at new crop price projections, the Ag Canada report has dropped its expected price for durum by $25 […]

Statistics Canada released results of a survey asking what farmers intend to seed this season. The 2024 seeding intentions for principal field crops surveyed 3,239 Saskatchewan farmers between December 14th to January 22nd. Farmers plan on seeding more durum wheat, lentils, dry field peas, oats, and canary seed, but less canola, spring wheat, barley, mustard […]

An announcement of the Saskatchewan Crop Insurance program details for 2024 will be made the morning of Tuesday, March 5 in Melville by Saskatchewan Agriculture Minister David Marit. However, insured prices for the various crops are now available online. You won’t find the prices on the main part of the saskcropinsurance.com website, but if you’re […]

Canola crops in the Parkland region are ahead of their normal development for this time of year. That’s according to Canola Council of Canada Agronomy Specialist Warren Ward from Springside. Ward says canola emerged quite quickly in the spring due to good moisture conditions and warm temperatures.  Ward says there are some signs of heat […]

Grain markets this week performed better than expected. P.I. Financial Commodity Futures Advisor Adam Pukalo says the Canola July contract was as low as 693.10 on Monday, but rebounded to around 735, while the July Minneapolis wheat contract was up by 30 cents a bushel to 8.28 for the week. Pukalo said one of the […]

Canadian farmers intend to plant more wheat, canola and barley this spring while area seeded to oats and lentils will decline. Statistics Canada says Saskatchewan farmers anticipate planting 7.3 percent more wheat this year at 14.2 million acres. Spring wheat will jump 10 percent to 9.2 million acres while durum will jump almost 3 percent […]

Grain markets were showing downward movement this week. P.I. Financial commodity futures advisor Adam Pukalo says the July canola contract is down 20 dollars per metric ton, while spring wheat futures (July Minneapolis Wheat) have declined about 20 cents a bushel, at under $8.50 a bushel. There are two factors, Pukalo says, for the canola […]

Louis Dreyfus Company has announced an investment to double the capacity of its canola crushing facility in Yorkton. The new capacity will be over 2-million tonnes and construction is expected to begin later this year. About 120 people are currently employed at the facility. The province says this expansion will increase the value of exports […]

  An independent agricultural consultant has been making rounds in parts of eastern Saskatchewan this past week. Brad Magnusson was in Wadena on Tuesday, and Swan River on Wednesday. He provided producers with tips on their agriculture strategy and management. Magnusson sees a pattern among commodity prices and grain. He says the price of canola is affected significantly by […]