Reading Time: 3 minutes october 18 Canola futures on the ICE Futures Canada trading platform strengthened during the week ended Oct. 15, with much of the upward price momentum encouraged by the gains experienced by CBOT soybean futures as well as by the aggressive demand from the Canadian canola-processing industry. Fresh speculative demand surfaced during the week, also contributing […] Read more
Wheat Prices Seen Rising Further As Fall Seedings Decline – for Oct. 25, 2010
Good weather aids Alta. harvest: AARD
(Resource News International) — Favourable weather conditions allowed producers in Alberta to make significant harvest progress over the past week or so, according to a provincial crop specialist on Tuesday. Harvest operations in the Peace River region of northern Alberta were virtually complete, while in the central areas of the province, 80-85 per cent of […] Read more
Few surprises seen in StatsCan production survey
(Resource News International) — Grain and oilseed production estimates in the latest crop production survey from Statistics Canada for the period ended Sept. 9 held very few surprises, according to industry sources. “Some of the production estimates were a bit smaller than had been anticipated, and that was the only real surprise,” said Ron Frost […] Read more
Upcoming StatsCan production report spurs doubt
(Resource News International) — Statistics Canada’s grain and oilseed crop production survey, scheduled for release Monday (Oct. 4), is expected to be taken with a “grain of salt,” with most market participants casting doubt on its numbers. “The survey is likely to show production of the various grain and oilseed crops at a high level, […] Read more
Pork product exports up despite hog output decline
(Resource News International) — Exports of Canada`s pork products have managed to hold steady and even climb despite live hog output in the country continuing to decline. The ability to maintain exports of Canada’s pork products also comes as domestic production of those products begins to decline. “Considering that Canada’s live hog production is about […] Read more
Immature canola suffers yield, quality setbacks
(Resource News International) — Immature canola crops in Western Canada were believed to have suffered both yield and quality downgrades from a significant frost that occurred overnight Thursday, according to industry participants. A frost forecast for overnight Friday for all of the Prairies was seen as contributing to the downgrades. “There was definitely a lot […] Read more
Weather delays Alberta crop growth, harvest
(Resource News International) — Cool temperatures and steady precipitation continue to slow the development of grain and oilseed crops across much of Alberta and in turn, harvest operations, according to a crop specialist with the provincial Ag-Info Centre. “The only area in which significant harvest progress was being made was in the Peace River district […] Read more
StatsCan canola stocks top expectations, provide buffer
(Resource News International) –– There were a few unexpected surprises in the grain and oilseed stocks in all positions report from Statistics Canada Wednesday, with the biggest involving Canada’s canola supply. Specifically, the federal statistics agency’s canola carryover projection surpassed everyone’s pre-report expectations. Statistics Canada pegged Canadian canola stocks on-farm and in commercial positions as […] Read more
StatsCan stocks report to adjust carryover picture
(Resource News International) –– Statistics Canada is set to release an updated grain and oilseed stocks in all positions report Wednesday (Sept. 8), with market participants looking to plug in final 2009-10 carryover figures to adjust their 2010-11 balance sheets. The StatsCan survey results will be for the period ended July 31, with the numbers […] Read more
Large canola, barley crops seen in StatsCan report
(Resource News International) — Canola and barley output in Canada during the 2010-11 crop year will be larger than expected based on the production survey released by Statistics Canada early Friday, industry sources said. “The numbers released are very realistic but with the good weather across the Canadian Prairies since the survey was conducted, one […] Read more
Cyber-Savvy Farmer
