Reading Time: 2 minutes (Commodity News Service Canada) — Prices for dried distillers grains with solubles (DDGS), the byproduct of ethanol production, have been climbing higher of late, and the trend is expected to continue into 2011. Ryan Slozka, senior commodity trader with Rycom Trading Ltd. at Kelowna, B.C., said the higher prices are because corn and barley prices […] Read more
DDGS prices climbing in Western Canada
Prairie oat market seen on the rise
Reading Time: 2 minutes (Commodity News Service Canada) — Oats prices across the Canadian Prairies have been increasing of late, and the trend is likely to continue, according to a merchant. “Producers just aren’t able to find enough at the current basis level, so they are just waiting and strengthening it,” said Ryan McKnight of Linear Grain at Carman, […] Read more
Beef exporters take European trade with grain of salt
Reading Time: 2 minutes (Commodity News Service Canada) — An agreement recently announced between the Canadian government and the European Union (EU) that will allow duty-free access to Europe for some Canadian beef is encouraging news to Canadian beef exporters, but they said actual volumes will fall well short of that quota. The 20,000 tonnes of duty-free quota granted […] Read more
Canadian farmers expect strong demand for fertilizer
Reading Time: 2 minutes (Commodity News Service Canada) –– Producers across Canada are expected to increase fertilizer consumption during the next crop year, thanks to strong commodity prices. David Asbridge, an analyst with NPK Fertilizer Advisory in St. Louis, Mo., said the strong commodity prices should lead to heavier fertilizer usage across Canada. “It’s going to encourage them to […] Read more
Low ocean freight rates good news for farmers
Reading Time: 2 minutes (Commodity News Service Canada) –– A lack of demand has resulted in the softening of ocean freight rates, which is good news for Canadian farmers. David Przednowek, manager of ocean freight and terminal operations with the Canadian Wheat Board, said the lower prices have been attributed to poor supply and demand fundamentals. “The market is […] Read more
Canadian yields boost markets for U.S. durum
Reading Time: 2 minutes (Commodity News Service Canada) — Wet conditions that plagued Canada’s Prairies throughout the growing season had a negative effect on Prairie wheat growers’ durum crop. However, that could be good news for U.S. producers. Jim Peterson, marketing director with the North Dakota Wheat Commission at Mandan, N.D., said there will be some advantages for U.S. […] Read more
Manitoba sunflower harvest nearly complete
Reading Time: < 1 minute (Commodity News Service Canada) — Sunflower producers in Manitoba are approaching the end of harvest operations, just as the snow is beginning to fly. Roger Kissick of Linear Grains at Carman, Man. said the harvest is around 75 per cent complete. “There is still some out there that guys are having to wait for,” he […] Read more
Edible bean market lags
Reading Time: 2 minutes (Commodity News Service Canada) — Prices for edible beans have held steady of late, and that’s not good news for producers across the Prairies. “We are lagging behind other commodities right now,” said Tammy Duncan of Duncan Seeds at Morden, Man. She said this can be attributed to the poor economy. “Typically on the pinto […] Read more
Ethanol plants accepting more Prairie wheat
Reading Time: < 1 minute (Commodity News Service Canada) — Western Canadian wheat producers have seen an increase in demand from ethanol plants, thanks to more feed wheat in the commercial system. Jake Davidson, executive manager of Winter Cereals Canada at Minnedosa, Man., said ethanol plants have been much more willing to take wheat this year. “I’m seeing an increase […] Read more
Beer demand seen driving malt barley interest
Reading Time: 2 minutes (Commodity News Service Canada) — A report expecting global demand for beer to increase by nearly five per cent over the next five years is seen as good news for malt barley producers across Prairies. Rod Green, manager of Central Ag Marketing at Airdrie, Alta., said the bulk of the demand for beer right now […] Read more
A message from April Stewart, Country Guide's Associate Editor
