Reading Time: < 1 minute (Resource News International) — Manitoba potato producers have experienced a wide range of growing conditions all year, and now are experiencing a wide range of quality for their crop. Brian Wilson, potato specialist with Manitoba Agriculture, Food and Rural Initiatives, said the wet conditions that have affected Manitoba during September will have a large impact […] Read more
Late-seeded Man. potatoes face quality issues
Canola crush margin impressively high
Reading Time: 2 minutes (Resource News International) — Canadian canola crush margins have seen steady improvements over the past week, as canola futures have moved lower, but the product values have held firm. Weakness in the Canadian dollar also contributed to the strength of the margins. Ken Ball, a grain broker with Union Securities in Winnipeg, said canola has […] Read more
Funds holding large positions in canola
Reading Time: < 1 minute (Resource News International) — As the month of October approaches, the traditional commodity funds are holding large long positions on the ICE Futures Canada canola market, as are the speculative index funds. There has been next to no rolling on contracts from November to January. Keith Ferley, commodities and futures advisor with RBC Dominion Securities […] Read more
Mustard seed market not pleasing producers
Reading Time: 2 minutes (Resource News International) — Mustard seed producers across the Prairies are having a difficult time getting excited about the market for their product. Patrick Ackerman, chair of the Saskatchewan Mustard Development Commission, said the feeling among farmers is a negative one. “The price of mustard compared to canola is not at the ratio it needs […] Read more
Dry weather needed for flax harvest
Reading Time: 2 minutes The only flax to come off prairie fields so far this harvest has been in eastern Manitoba. Paul Martens, flax co-ordinator with Prairie Flax Products in Portage la Prairie, Man., said the rest of the Prairies continues to be too wet. “If the weather was to smarten up in Saskatchewan, they could probably start […] Read more
Difficult harvest increases feed wheat supplies
Reading Time: 2 minutes Adverse harvest conditions across the Canadian prairies is pointing to large volumes of feed wheat around this winter. Gerald Snip, a grain trader with Market Place Commodities in Lethbridge, said most of Alberta and Saskatchewan are having big problems getting the crop off. “It’s just too wet to even get the combines on the field […] Read more
Manitoba corn seen strong as U.S. prices rise
Reading Time: 2 minutes (Resource News International) — Corn producers in Manitoba are looking at very high prices for their product, thanks in large part to what’s been happening south of the border. Eldon Dueck, corn production manager with Linear Grain at Carman, Man. said the corn market on the Chicago Board of Trade (CBOT) has affected the Manitoba […] Read more
Prices seen improving on Canadian cattle
Reading Time: 2 minutes (Resource News International) — Cattle producers in Canada have seen steady increases in prices for new calves over the last year, and values should continue to hold these levels at least in the short to medium term. Herb Lock of Farm Sense Marketing in Edmonton said prices have been much better this year for new […] Read more
India worried about Sask. lentil harvest
Reading Time: 2 minutes (Resource News International) — With the frequent rains and cool temperatures delaying both harvest operations and crop maturity, lentil producers in Saskatchewan are frightened their lentil crop will be severely damaged. Canada’s Agriculture Minister Gerry Ritz was joined in New Delhi by Pulse Canada CEO Gordon Bacon as part of a trade mission this week […] Read more
Oat market looking strong
Reading Time: 2 minutes (Resource News International) –– Even though harvest conditions aren’t what oat producers have been asking for, prices should be strong for the supplies that do eventually come off the field in Western Canada. Oat prices have been going up over the last while across the Prairies. Terry Tyson, commodity procurement manager at Grain Millers Canada […] Read more