Reading Time: 2 minutes (Resource News International) — The Canadian Food Inspection Agency (CFIA) has scheduled a conference call with the grain trade for Friday morning to potentially discuss new regulations on canola business to China, industry participants confirmed. Debbie Belanger, manager of communications with the Canola Council of Canada, said the council learned from CFIA on Wednesday that […] Read more
China to impose new regulations on Canadian canola
GM issue keeps flax bids under pressure
Reading Time: < 1 minute (Resource News International) — The flaxseed cash market in Western Canada remains under pressure by absence of European demand, and will likely stay that way until the situation in Europe is resolved, or new markets are found. Canada has been unable to sell flaxseed to its biggest customers in Europe since European buyers reported discovering […] Read more
Cash oats bids well supported
Reading Time: < 1 minute (Resource News International) — Oats prices have moved higher over the past month, both in the CBOT futures and in the western Canadian cash market. An oats merchant thought tightening supplies and the need to encourage acres next spring would keep values supported going forward, although movements in outside financial and commodity markets could also […] Read more
Sask. needs at least a week of dry weather
Reading Time: 2 minutes (Resource News International) — Farmers in Saskatchewan, many of whom saw their fields covered in snow this past weekend, will need at least a week or more of dry weather to finish the remainder of this year’s harvest, according to a provincial crop specialist. Provincially, about 25 per cent of the crops are left to […] Read more
Canola cash bids improving with futures
Reading Time: < 1 minute (Resource News International) — Recent strength in the canola futures market has also translated into firm cash bids as harvest delays and the slowdown of farmer selling has resulted in favourable basis levels being offered across Western Canada. The best cash prices are usually found in Alberta, given the province’s proximity to the West Coast […] Read more
Man. edible beans look good, prices under pressure
Reading Time: 2 minutes (Resource News International) — The edible bean harvest in Manitoba has stalled for the time being, but what has come off so far is showing both good yields and good quality. Prices have moved lower in recent weeks due to harvest pressure and better-than-expected crops. The Manitoba edible bean harvest is about 40 to 50 […] Read more
Feed barley market quiet, for now
Reading Time: < 1 minute (Resource News International) — Ample feed barley supplies, together with a lack of strong demand, have kept activity in the feed barley market relatively quiet, according to an Alberta feed grains merchant who expected activity to pick up once more cattle start to come on feed. “There seems to be a lot of barley out […] Read more
Canaryseed bids weaken despite smaller crop
Reading Time: 2 minutes (Resource News International) — Canaryseed bids in Saskatchewan have fallen over the past few weeks and are showing little sign of improvement, despite this year’s smaller Canadian crop. Heading into the harvest, canaryseed had been priced at around 20 to 21 cents per pound, said Kevin Hursh, executive director of the Canaryseed Development Commission of […] Read more
Yellow peas wait on direction from india
Reading Time: 2 minutes (Resource News International) — The edible pea market in Western Canada remains relatively quiet for the time being, despite the influx of fresh new-crop supplies. The lack of activity is largely due to an absence of demand from major customer India. Market participants expect the direction the pea market takes going forward will depend on […] Read more
Lentil business picks up in West
Reading Time: 2 minutes (Resource News International) — Lentils are moving briskly out of Western Canada, as the large harvest has brought some much-needed supplies back into the market, according to industry sources. “It’s very brisk in lentils right now, especially reds and large green lentils,” said Ivan Sabourin, president of pulse export company Roy Legumex Inc. at St. […] Read more