Reading Time: 2 minutes (Commodity News Service Canada) — The recent surge in commodity prices has not had a direct correlation to barley prices — yet. Jim Beusekom, with Marketplace Commodities in Lethbridge, said current demand for barley is not very strong right now. “End users are pulling back a bit, as they are covered quite nicely for product […] Read more
Barley prices hold steady, for now
West’s winter wheat conditions somewhat of a mystery
Reading Time: 2 minutes (Commodity News Service Canada) –– The large amount of snow that’s fallen across many parts of Western Canada would normally be a good thing for the winter wheat crop. This year, however, it may not be the case. Jake Davidson, executive manager of Winter Cereals Canada at Minnedosa, Man., said wet soil conditions in fall […] Read more
Fertilizer prices appear to have peaked: analyst
Reading Time: < 1 minute (Commodity News Service Canada) –– A significant rise in grain and commodity prices across North America has made producers more likely to purchase and apply fertilizer for the upcoming crop year, according to an analyst. “With prices for corn, soybeans, wheat, and canola all going higher, guys have been more apt to buy fertilizer, and […] Read more
Oats go up with USDA report
Reading Time: 2 minutes Corrected, Jan. 17 — (Commodity News Service Canada) — Wednesday’s U.S. Department of Agriculture crop report, which showed lower stocks for both corn and soybeans, has sent oat values to fresh contract highs on the Chicago Board of Trade (CBOT), and higher in Western Canada. Canadian oat stocks are quite low at the moment, and […] Read more
Strong demand seen for yellow peas
Reading Time: 2 minutes (Commodity News Service Canada) — Pea producers have seen a bullish start to the marketing year, but may want to “get in while the getting is good,” according to one analyst. Chuck Penner, founder of LeftField Commodity Research in Winnipeg, said strong demand from exporters has been underpinning values of late. “The short-term outlook is […] Read more
Canola crush margins lower, but still strong
Reading Time: 2 minutes (Commodity News Service Canada) — Demand for canola from domestic crushers has been very strong, which has helped push canola values near the $600 per tonne level. However, the crush margin has been declining of late. Bill Craddock, a Winnipeg-based trader who also farms in southern Manitoba, said the fact that canola is not following […] Read more
Corn prices see slight decline, but remain strong
Reading Time: 2 minutes (Commodity News Service Canada) — Manitoba corn producers have seen a somewhat bearish start to 2011 as far as prices are concerned, and that has been directly tied to losses in values on the Chicago Board of Trade. Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Ill., explained why corn values declined in the […] Read more
Mexico allowing clean Canadian canaryseed
Reading Time: 2 minutes (Commodity News Service Canada) — Canaryseed producers in Canada are once again able to export product to their No. 1 client, Mexico, although there is zero tolerance on any type of weed seed. “If it’s found to be free of quarantined weed seeds it can proceed to the buyers in Mexico,” said Kevin Hursh, a […] Read more
Canada’s bison market on the rise
Reading Time: 3 minutes (Commodity News Service Canada) — Many agricultural markets across the world have been gaining strength of late, and prices for Canadian bison are no different. “If the past four years are any indication, demand has been growing at about a 17 to 20 per cent rate over that period of time,” said Mark Silzer, president […] Read more
Mexico may soon open to Canada’s canaryseed
Reading Time: < 1 minute (Commodity News Service Canada) — Canaryseed producers on the Prairies are hopeful their product can resume being shipped to a destination that used to be one of the largest importers. Mexico is currently not accepting any Canadian canaryseed, due to fears of weed seed — in particular, buckwheat — in the product. “They won’t take […] Read more
A message from April Stewart, Country Guide's Associate Editor
