. Agri-news. Agriculture. 2 by farm equipment dealers, availability may be limited. "Availability and price should both be considered before you make a purchase," he advises. Contact: Marshall Eliason 427-2181 Wait to see price prospects from weather battered crops August snow and frost in Alberta and Saskatchewan set off panic buying on the Winnipeg commodity exchange. While the market has fallen back since, it will be difficult to know the full impact the unusual weather has on crops and prices until harvest is completed. "The market will respond to yield and quality of the gr
. Agri-news. Agriculture. 2 by farm equipment dealers, availability may be limited. "Availability and price should both be considered before you make a purchase," he advises. Contact: Marshall Eliason 427-2181 Wait to see price prospects from weather battered crops August snow and frost in Alberta and Saskatchewan set off panic buying on the Winnipeg commodity exchange. While the market has fallen back since, it will be difficult to know the full impact the unusual weather has on crops and prices until harvest is completed. "The market will respond to yield and quality of the grain and oilseed crops that come in," says Larry Ruud, an Alberta Agriculture market analyst. On the oilseed side, the Alberta Wheat Pool had earlier estimated provincial canola yield at 23 bushels per acre, close to a five year average. Saskatchewan yields had also been estimated as near the long term average. "Obviously the weather will have some major implications for yield and quality of the Prairie canola crop," says Al Dooley, another department market analyst. "Price prospects will take time, as the actual harvest has to be ; Other factors in future oilseed prices are soybean yields—predicted at a record level near 36 bushel: per acre—and a record world oilseed production forecast of 225 million tonnes. Frost will be detrimental for feedgrain prices notes market economist Gisele Magnusson. "Much of the barley and wheat was beyond the stage where light frost would destroy it. However, quality will likely be lower, which means an increase in available feed wheat supplies and higher premiums for heavy barley. 'The problem for average quality feed grains will be finding them a home. It seems probable now, that there will be ample supplies of feedgrains locally, which will keep prices down," she says. Magnusson adds Canadian Wheat Board (CWB) prices for feed wheat and barley will be favorable if large quantities of lower qua
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