Reading Time: 2 minutes (Resource News International) — Canada’s 17th case of BSE was discovered by the Canadian Food Inspection Agency (CFIA) last month but has only now been publicly announced. The federal government’s communication strategy for reporting cases of bovine sponsgiform encephalopathy (BSE) now involves only providing information on a monthly basis. A CFIA spokesperson could only confirm […] Read more
Alta. cow tests positive for BSE: CFIA
Lack of nearby demand weighs on lentils
Reading Time: < 1 minute (Resource News International) — Lentil bids in Western Canada have come under pressure in recent weeks, as end-users are well stocked with higher priced supplies they bought earlier in the year. “We have some quotes, but not really any firm bids from any companies,” said Rob Gallaway, marketing co-ordinator with Southland Pulse Inc. at Estevan, […] Read more
New canola business to China questioned
Reading Time: < 1 minute (Resource News International) — China may be in the market for Canadian canola, despite ongoing trade restrictions on canola infected with the common blackleg fungus, according to some unverified reports. However, a Canadian exporter questioned the validity of the latest rumours. The latest news circulating out of China has the country importing four cargoes of […] Read more
Weather not yet a factor for Man. soybeans
Reading Time: < 1 minute (Resource News International) — Talk of increased U.S. soybean plantings this spring, due to excessively wet Midwestern conditions that will likely temper corn acres, has not yet translated into any adjustments one way or the other in expected Manitoba soybean area, according to a local processor who said pricing was still the determining factor in […] Read more
Oats acres likely higher, but by how much?
Reading Time: < 1 minute (Resource News International) — Oats acres in Western Canada are generally expected to increase in 2010 despite recent price weakness, as the crop still stacks up favourably compared to other options. Prices going forward will be dependent on the size of that increase, however, with opinions rather wide-ranging for now. A recent survey of producers […] Read more
Spring load limits to slow Prairie grain movement
Reading Time: < 1 minute (Resource News International) — Spring road bans are starting to be put into place across Western Canada as temperatures warm up in the Prairie provinces. The annual restrictions set axle weight limits for vehicles moving on certain roads in an effort to reduce the damage heavier loads can cause during the spring thaw period. Movement […] Read more
Better canaryseed bids unlikely, more acres possible
Reading Time: < 1 minute (Resource News International) –– Canaryseed prices are unlikely to show any improvement, especially if acres increase as expected and the demand remains lacklustre. Canaryseed bids in Western Canada can currently be found around the 17 cents per pound area, according to Prairie Ag Hotwire data. Kevin Hursh, executive director of the Canaryseed Development Commission and […] Read more
Mustard acres predicted “flat at best”
Reading Time: < 1 minute (Resource News International) –– Prairie mustard acres are unlikely to see much growth this year, despite expectations to the contrary from some industry analysts. That’s according to a Saskatchewan-based mustard merchant who said plantings would be “flat at best” in 2010. While mustard prices are down on the year, the crop still pencils out favourably […] Read more
Canola crush margins seen improving
Reading Time: < 1 minute (Resource News International) –– Improving canola crush margins are helping encourage domestic crusher demand in Western Canada, translating into better basis levels, according to market participants. A canola trader said firm soyoil values were behind some of the gains in the crush margins, encouraging some crusher pricing in the futures markets. Cash basis levels are […] Read more
Oilseeds short-term bearish, long-term bullish
Reading Time: < 1 minute (Resource News International) — Oilseed futures, including canola and soybeans, will likely see short-term weakness, but will be stronger in the longer term, according to technical analyst David Drozd of Ag-Chieve Corp. Presenting at the Canadian Wheat Board’s annual GrainWorld conference in Winnipeg on Monday, and pointing to a number of equity, currency, and commodity […] Read more
A message from April Stewart, Country Guide's Associate Editor
