Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more
U.S. grains: Soy, corn fall as hopes fade for China trade deal this year
Prairie oats market stable, but strong
Oats bids in Western Canada have stabilized for the time being, as the weather concerns that propped up the market at the beginning of the month are largely factored in. “It’s a pretty stable market. Stable, but strong,” said Scott Shiels, of Grain Millers Inc. in Yorkton, Sask. Prices moved up at the beginning of […] Read more
Paterson stakes Manitoba site for oat processing plant
Up to a quarter million tonnes of oats per year could find a new end use as a Winnipeg agrifood company sets up a new oat processing plant near its home base. Privately-held Paterson GlobalFoods (PGF) announced Thursday it will start construction “immediately” on the new plant, on part of its 600-acre site next to […] Read more
Grain Farmers of Ontario seeking new CEO
Ontario’s biggest ag commodity organization is on the hunt for a new CEO as its first chief prepares to exit. Barry Senft announced Tuesday he will step down as CEO of Grain Farmers of Ontario in April 2020, a post he’s held since the 2009 merger of the province’s corn, soy and wheat grower groups […] Read more
StatsCan confirms record-large canola ending stocks
MarketsFarm — Canadian canola ending stocks hit a new record for the 2018-19 crop year, according to updated data Statistics Canada released Friday. Canadian canola stocks as of July 31 came in at 3.9 million tonnes, up by 55 per cent on the year and about 800,000 tonnes above the previous record set in July […] Read more
Large oat production won’t move prices
MarketsFarm — While the most recent crop production report from Statistics Canada predicted significantly more oats than originally expected, prices will likely remain stable. Statistics Canada estimated 3.952 million tonnes of oats will be grown in 2019, up considerably from the 3.436 million tonnes produced in 2018. But low carryover stocks from previous years means […] Read more
Oats market steady, watching harvest
MarketsFarm — Western Canada’s oats market is stable at prices a bit better than a year ago, as harvest gets underway and participants wait to see how much will move off the combine to the market. Early yield reports range anywhere from 80 to 140 bushels per acre, said Tyler Palmer, grain buyer with Emerson […] Read more
Reporter plays foodie and samples oat-based cheeses
“The more I work with Alberta crops, the more I get excited about them,” says local culinary arts instructor
Reading Time: 3 minutes It’s not every day that I go into a laboratory to try food. But today, I walk into a room with steel containers and refrigerators, where researchers are wearing lab coats. I’m about to taste some new oat ‘cheese,’ and I’m excited. Before I get to taste the oat cheese, research chef, Maynard Kolskog has […] Read more
StatsCan: Less canola and durum, more barley and oats
MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more
Less canola, more barley area expected in next StatsCan report
MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more
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