(Resource News International) — Statistics Canada’s grain and oilseed stocks in all positions report for the period ended Dec. 31 was generally in line with pre-report expectations and helped confirm the production numbers the agency released in the fall, according to industry participants. The numbers, released Friday, were not expected to have any kind of […] Read more
StatsCan’s stocks report in line with expectations
Feed barley bids continue deteriorating
(Resource News International) — A slow deterioration in feed barley bids in Western Canada continues, with little to suggest that an end to the slide is in sight. “All the normal issues remain in play and have been slowly dragging bids downwards,” said Mike Jubinville, a market analyst with ProFarmer Canada in Winnipeg. Producers, he […] Read more
New-crop canola bids continue to drop
(Resource News International) –– Old- and new-crop canola bids in Western Canada continue to deteriorate, with producers less than happy with the situation. “The deterioration in canola futures at ICE Canada and soybeans at the CBOT have translated into some pretty low cash bids in Western Canada,” said Ken Ball, a broker with Union Securities […] Read more
Prairie Feed Wheat Bids Seen Firming
Reading Time: 2 minutes Feed wheat cash bids in Western Canada have been holding at fairly steady levels, although there are ideas values will need to strengthen in order to meet domestic requirements. “There has been a fair amount of downward pressure on feed grain values, particularly from the sell-off in CBOT corn futures as well as from depressed […] Read more
Canaryseed prices stuck in sideways trend
(Resource News International) — Canaryseed prices in Western Canada continue to be stuck in a sideways pattern, as steady demand seems to be matching supply coming in. “There is always some small amount of demand surfacing from a variety of outlets, but supplies on hand have been able to accommodate that interest,” said Earl Schnellert, […] Read more
Flax growers in limbo awaiting EU developments
(Resource News International) — Cash bids for flaxseed in Western Canada have managed to improve slightly, although producers continue to be hesitant to commit to the crop in the spring. “A lot of producers are in limbo, and are awaiting developments before deciding to go with the crop this spring,” said Richard Zacharias, general manager […] Read more
New-crop canola bids seen as unattractive
(Resource News International) –– New-crop canola bids being offered by grain companies in Western Canada are seen as unlikely to attract the acres required to meet industry needs. “Right now most new-crop bids for canola are under $9 a bushel, which is only going to cause area seeded to the crop to drop well below […] Read more
Crush margins for canola to improve
(Resource News International) –– Crush margins for canola in Western Canada have varied widely over the past month, although the weakening of the Canadian dollar over the past few days has raised hopes of an improvement in those levels. “Based on the way I calculate margins, the crush for the spot month as of Wednesday […] Read more
Prairie feed wheat bids seen firming
(Resource News International) –– Feed wheat cash bids in Western Canada have been holding at fairly steady levels, although there are ideas values will need to strengthen in order to meet domestic requirements. “There has been a fair amount of downward pressure on feed grain values, particularly from the sell-off in CBOT corn futures as […] Read more
Flax Output Seen Down On Further GM Issues
Reading Time: 3 minutes Canadian flaxseed production in the upcoming 2010-11 crop year will be significantly lower than during 2009-10 if Canada’s ability to export it remains impeded in Europe, Japan and now Brazil, according to industry sources. “The concern that buyer after buyer would become concerned with importing GMOcontaminated flaxseed from Canada is slowly becoming a reality,” said […] Read more
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