(Commodity News Service Canada) — Chickpea prices have been trending higher over the past month, with weather problems in some of top-producing nations a key reason for the strengthening of the market. Omer Al-Katib, director of corporate affairs and investor relations with Alliance Grains in Regina, said in an e-mail that production concerns outside Canada […] Read more
Chickpeas rise on global weather concerns
Sunflowers edge higher
(Commodity News Service Canada) — Sunflower prices have been rising in Western Canada, but haven’t triggered much in the way of producer selling, as most farmers feel values will still go higher. Luc Remillard of Remillard Seed Farms at St. Joseph, Man., about 15 km east of Altona, said it’s been a wait-and-see process of […] Read more
Barley prices hold steady, for now
(Commodity News Service Canada) — The recent surge in commodity prices has not had a direct correlation to barley prices — yet. Jim Beusekom, with Marketplace Commodities in Lethbridge, said current demand for barley is not very strong right now. “End users are pulling back a bit, as they are covered quite nicely for product […] Read more
West’s winter wheat conditions somewhat of a mystery
(Commodity News Service Canada) –– The large amount of snow that’s fallen across many parts of Western Canada would normally be a good thing for the winter wheat crop. This year, however, it may not be the case. Jake Davidson, executive manager of Winter Cereals Canada at Minnedosa, Man., said wet soil conditions in fall […] Read more
Fertilizer prices appear to have peaked: analyst
(Commodity News Service Canada) –– A significant rise in grain and commodity prices across North America has made producers more likely to purchase and apply fertilizer for the upcoming crop year, according to an analyst. “With prices for corn, soybeans, wheat, and canola all going higher, guys have been more apt to buy fertilizer, and […] Read more
Oats go up with USDA report
Corrected, Jan. 17 — (Commodity News Service Canada) — Wednesday’s U.S. Department of Agriculture crop report, which showed lower stocks for both corn and soybeans, has sent oat values to fresh contract highs on the Chicago Board of Trade (CBOT), and higher in Western Canada. Canadian oat stocks are quite low at the moment, and […] Read more
Strong demand seen for yellow peas
(Commodity News Service Canada) — Pea producers have seen a bullish start to the marketing year, but may want to “get in while the getting is good,” according to one analyst. Chuck Penner, founder of LeftField Commodity Research in Winnipeg, said strong demand from exporters has been underpinning values of late. “The short-term outlook is […] Read more
Canola crush margins lower, but still strong
(Commodity News Service Canada) — Demand for canola from domestic crushers has been very strong, which has helped push canola values near the $600 per tonne level. However, the crush margin has been declining of late. Bill Craddock, a Winnipeg-based trader who also farms in southern Manitoba, said the fact that canola is not following […] Read more
Corn prices see slight decline, but remain strong
(Commodity News Service Canada) — Manitoba corn producers have seen a somewhat bearish start to 2011 as far as prices are concerned, and that has been directly tied to losses in values on the Chicago Board of Trade. Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Ill., explained why corn values declined in the […] Read more
Mexico allowing clean Canadian canaryseed
(Commodity News Service Canada) — Canaryseed producers in Canada are once again able to export product to their No. 1 client, Mexico, although there is zero tolerance on any type of weed seed. “If it’s found to be free of quarantined weed seeds it can proceed to the buyers in Mexico,” said Kevin Hursh, a […] Read more
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