Dwayne Klassen

(Resource News International) — The absolute disappearance of demand for lentils on the global market along with the huge jump in seeded area for Canada’s crop does not bode well for values in the cash market. “Prices for lentils are likely to continue to trend downwards in this kind of environment,” said Colin Young, manager […] Read more

(Resource News International) — Last year at this time, producers were still waiting for the soils in Manitoba to dry up enough to begin seeding corn — not the case this year, according to an official with the Manitoba Corn Growers Association. “Producers have already started planting the corn crop in Manitoba as conditions are […] Read more

(Resource News International) — Spring fieldwork has begun in select areas of Alberta with some seeding operations underway in the extreme southern regions of the province, according to a provincial crop specialist.  “I would say seeding is very limited still, with less than five per cent of the intended area in the ground in regions […] Read more

(Resource News International) — The administrative offices of ICE Futures Canada and ICE Clear Canada will soon move from the downtown site of their former trading floor, according to its CEO. Brad Vannan said the move from the building at Winnipeg’s Portage and Main, still named “Commodity Exchange Tower” for the former Winnipeg Commodity Exchange, […] Read more

(Resource News International) — The precipitation that fell in the form of snow over the past few days looks to have done little to alleviate the dry soil moisture conditions across many ag growing areas in Alberta. “There’s been little accumulation of snow to date and what has fallen has barely been enough to wet […] Read more

(Resource News International) — Cash bids for feed barley in Western Canada have been holding fairly steady at some pretty weak levels and the outlook for values does not bode well. “There is no shortage of supply and that is one of the reasons values remain at some poor price levels,” said Jerry Klassen, manager […] Read more

(Resource News International) –– The U.S. Department of Agriculture’s prospective plantings report, released Wednesday, is not expected to have any significant impact on planting intentions of western Canadian farmers. USDA’s plantings report revealed U.S. soybean acreage this spring will be record large at 78.098 million acres. In the spring of 2009, U.S. producers planted 77.451 […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada have trended in a fairly steady to slightly easier price pattern and there does not seem to be much in the way of developments to break it out of the status quo. “Every once in a while there are some improved opportunities for producers […] Read more

(Resource News International) — Old- and new-crop canola bids in Western Canada continue to deteriorate, with producers not exactly pleased with the situation. “Cash bids in general for old and new crop have been less than appealing to producers and could still play a role in exactly how much of the crop goes into the […] Read more

(Resource News International) — Cash bids in Western Canada for oats have been steadily trending downward as continued large supplies and the steady decline in CBOT oat futures depress values. “The drop in CBOT (Chicago Board of Trade) oat futures has definitely hurt the cash market in Canada,” said Bryan Cross, an oat grain buyer […] Read more