Reading Time: < 1 minute (Resource News International) — Canola contracts traded on ICE Futures Canada hit their highest levels in over a year during the past week, but have started to fall off those highs and could be expected to see some further weakness in the near future, as the western Canadian harvest finally starts to pick up steam. […] Read more
Harvest pressure to weigh on canola
Quality concerns seen for Canadian malting barley
Reading Time: 2 minutes (Resource News International) — Western Canadian farmers are finally making good progress on this year’s barley harvest, but cool, wet conditions earlier in the growing season will likely cut into the quality of the crop. Malt barley merchant Rod Green of Central Ag Marketing at Airdrie, Alta., said quality will definitely be an issue with […] Read more
Large, good-quality U.S. canola crop expected
Reading Time: < 1 minute (Resource News International) — U.S. farmers managed to get most of their canola off the fields before wet weather set in to delay the final stages of this year’s harvest, according to an official with the Northern Canola Growers Association, who said the crop generally saw good yields and quality this year. Barry Coleman, executive […] Read more
Frost hits Western Canada overnight
Reading Time: < 1 minute (Resource News International) — A widespread frost was reported across many parts of Alberta and Saskatchewan overnight, with more cold temperatures in the weekend forecasts, according to Environment Canada data. Temperatures dropped below freezing across a large area of western Saskatchewan and into central Alberta overnight, with the lows ranging from -1°C to as low […] Read more
Lentil bids rise on tight nearby supplies
Reading Time: < 1 minute (Resource News International) — Lentil bids in Western Canada have seen some strength in recent weeks, as the slow harvest progress is causing some buyers to scramble in order to meet their commitments. Green lentil prices have jumped by six to seven cents per pound over the past week, while red lentils are up by […] Read more
Pea markets up in air on uncertain quality
Reading Time: 2 minutes (Resource News International) –– Export demand is slowly picking up for edible peas, as new-crop supplies start to become available. But with a sizeable portion still to be harvested, the unknowns regarding quality are limiting activity in the market. “There seems to be a little bit of demand coming from the Indian subcontinent and from […] Read more
Strong Canadian demand for U.S. DDGS easing
Reading Time: 2 minutes (Resource News International) –– Distillers dried grains with solubles (DDGS), a byproduct of ethanol production, have taken up a larger and larger portion of Canadian livestock feed rations in recent years, with most of those supplies coming by way of the U.S. ethanol sector. While Canada is currently on pace to import a record amount […] Read more
Smaller flax crop to limit exports, but demand firm
Reading Time: 2 minutes (Resource News International) –– Canada’s smaller flaxseed crop will mean a reduction in exports for 2010-11. However, for what’s moving, new protocols in place for genetically modified seed mean a large portion of the exports will again head to Europe. Agriculture and Agri-Food Canada is currently predicting flaxseed exports in 2010-11 of 550,000 tonnes, which […] Read more
Large carry-in to limit mustard upside
Reading Time: < 1 minute (Resource News International) — Mustard bids in Western Canada should hold steady through the winter, as large old-crop supplies will more than make up for this year’s smaller crop. Statistics Canada recently estimated 2010-11 mustard production at 171,900 tonnes, which compares with 208,300 the previous year. However, total available supplies are expected to be up […] Read more
Better feed barley bids likely post-harvest
Reading Time: 2 minutes (Resource News International) –– Feed barley bids in Western Canada should come under pressure during the harvest period, but are expected to show some strength farther out as domestic buyers will need to compete with the higher-priced export market. “The feedlots don’t need a lot of grain today,” Jim Beusekom of Marketplace Commodities at Lethbridge, […] Read more
A message from April Stewart, Country Guide's Associate Editor
