Dwayne Klassen

(Resource News International) — Both the traditional commodity funds and the large commodity index funds have taken up long positions in the November ICE Canada canola futures contract.  Estimates from market participants placed the regular funds long about 20,000 contracts or more in the November canola future while the large index funds were long the […] Read more

(Resource News International) — The acreage update from Statistics Canada released early Wednesday held few surprises and will largely be ignored, but will provide a good base in which to backtrack seeding intentions negatively impacted by excessive precipitation this spring. “The report from StatsCan is more reflective of what could of been, rather than what […] Read more

(Resource News International) — Excessive moisture in Western Canada definitely had a negative impact on oat acreage and will have severely hurt yield potential, but it will probably take another month or two before the industry gets a real handle on actual damage, according to industry sources. Canada’s 2010-11 oat output in Agriculture and Agri-Food […] Read more

(Resource News International) — Exceptional spring rainfall will severely impact 2010-11 western Canadian wheat, durum and barley production, leaving more than eight million acres unseeded, the Canadian Wheat Board said Friday. “The excess rain has washed away the hope of seeding for many farmers,” Bruce Burnett, the CWB’s director of weather and market analysis, said in […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada have been holding steady to firm, and were expected to see some additional strength given the uncertainty due to the excessively wet conditions. “There will likely be some flaxseed that may not get into the ground in both Saskatchewan and Manitoba due to excess […] Read more

(Resource News International) — Excessively wet conditions in Saskatchewan have delayed seeding of numerous crops and caused concern about the extent of moisture damage to recently planted fields, including lentils. “I think there was quite a bit of area that had been intended to be seeded to lentils, that just did not get into the […] Read more

(Resource News International) — Cash bids for feed barley in Western Canada have held fairly steady at some pretty depressed prices and the outlook continues to remain bleak. “There is no doubt that feed barley values are going to continue to decline, especially given the excessively wet growing conditions and the outlooks calling for these […] Read more

(Resource News International) — Canola contracts on the ICE Futures Canada platform are expected to undergo some major declines over the next couple of months as acreage ideas climb as in the absence of any production problems. “The sideways to lower grind canola contracts have been experiencing will likely continue over the summer,” said Ron […] Read more

(Resource News International) — Favourable weather conditions have allowed producers in much of Alberta to make significant seeding progress, according to a provincial crop specialist Wednesday. Planting of the intended crops in the Peace River region of northern Alberta was complete, while those operations in the east and west-central regions of the province were roughly […] Read more

(Resource News International) — China’s import restrictions on Canadian canola remain intact despite reports to the contrary, according to an official with the Canola Council of Canada. “We’ve heard nothing official in regards to this issue,” council president JoAnne Buth said. Buth was responding to reports late last week from the China National Grain and […] Read more