by Breanne Baker | Mar 4, 2011 | Articles, Farm Management, Know-Risk Updates
CANOLA FUNDAMENTALS Canola contracts on ICE Futures finished last week’s session with strong advances with much of the upward price momentum stimulated by the gains experienced in CBOT soybeans and soy oil. However, futures were trading at lower price levels early...
by Breanne Baker | Mar 3, 2011 | Agriculture Industry, Articles, Kevin Hursh
A couple of interesting developments in the world of herbicides have crossed my desk in recent days. In the U.S., Dow AgroSciences has announced a new herbicide tolerant trait system. It will be called the Enlist Weed Control System. Crops with the trait will have...
by Breanne Baker | Mar 2, 2011 | Agriculture Industry, Articles, Kevin Hursh
Saskatchewan’s realized net farm income has been at an all time high for the past two years. In 2009, it was $1.6 billion and the latest estimate for 2010 is more than $1.7 billion. There are those who point out that adjusted for inflation, the highest net farm income...
by Breanne Baker | Mar 1, 2011 | Articles, Farm Management, Grain Prices
The Pool Return Outlooks for new crop durum and malting barley are considerably higher than the prices expected for this crop year. The Canadian Wheat Board released its first new crop price projection yesterday. After deducting this year’s freight and handling for...
by Breanne Baker | Feb 28, 2011 | Agriculture Industry, Articles, Kevin Hursh
The Contract Price Option should allow producers to increase their crop insurance coverage on some crops. Under this option offered by Saskatchewan Crop Insurance, the contracted price and quantity can be used for insurance purposes. Take the example of yellow...
by Breanne Baker | Feb 25, 2011 | Agriculture Industry, Articles, Kevin Hursh
Strong grain prices are making the Saskatchewan Crop Insurance program more attractive. Under the just-announced program details, coverage is going from an average of $131 an acre in 2010 to $173 an acre this year. You only need to look at the crop insurance base...
by Breanne Baker | Feb 24, 2011 | Agriculture Industry, Articles, Kevin Hursh
In recent weeks, I’ve spent a lot of time on the road, eating in hotel restaurants. If you’re staying in a nice hotel in a big city in this country, the price tag for meals can be a shocker. Some places automatically add a 15 per cent gratuity to the over-inflated...
by Breanne Baker | Feb 23, 2011 | Agriculture Industry, Articles, Kevin Hursh
Tuesday was an ugly day in the grain markets. Everything dropped sharply, mostly limit down. Canola futures were down $30 a tonne. From the peak just a short time ago, canola is down $50 or $60 a tonne. The drop yesterday was counterintuitive, because crude oil prices...
by Breanne Baker | Feb 22, 2011 | Articles, Farm Management, Grain Prices
The price of yellow peas has risen steadily since harvest. The Alberta Pulse Growers publish a bi-weekly newsletter called The Pulse Market Insight. The most recent edition is by Chuck Penner of LeftField Commodity Research. Penner acknowledges that pea prices were...
by Breanne Baker | Feb 18, 2011 | Agriculture Industry, Articles, Kevin Hursh
The beef cow breeding herd in Canada continues to drop, but it isn’t dropping as quickly in Saskatchewan as in other parts of the country. In the just released report from Statistics Canada, the number of beef cows in the country as of January 1 is pegged at 4.273...
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