Oat futures have climbed more than 30 cents a bushel since the start of the new year, raising the question: will more acres switch from wheat to oats? As of Wednesday, nearby and new crop oat futures in Chicago were in the 42 to 45 percent range relative to Minneapolis wheat. The flatter, quieter spot... Read More
Category: Crop Production
In a winter where most crop markets don't appear to be trying to buy more acres, mustard prices have been an exception. "For farmers looking for profitable opportunities, mustard is sticking out like a sore thumb right now," says Chuck Penner of LeftField Commodity Research in the video below, filmed at CropSphere in Saskatoon earlier... Read More
Interested in growing camelina for Three Farmers? Get ready to intercrop. Three Farmers, a Saskatchewan-based snack food company, is offering, for the first time, production contracts for camelina, an oilseed crop. A stipulation of the contract is that camelina be grown in tandem with either pea or lentil. Likely the first-of-its-kind stipulation in a crop... Read More
When trying to explain why wheat prices are where they are, there are some concerns with dryness and protein levels affecting regional bids, but there is one dominant factor that's underlying the entire market: Russia and its bumper crops. World wheat carryout has grown by over 20 percent in the last three years, with Russia... Read More
The use of drones for spraying cleared a major regulatory milestone last summer, as Transport Canada issued its first approval for commercial spraying with an unmanned aerial vehicle (UAV), according to the Elie, Manitoba-based company that received the permission. To fly any aircraft — manned or unmanned — for commercial purposes in Canada, you must... Read More