Reading Time: 2 minutes (Resource News International) — Cheaper ocean freight rates over the past year have made it easier for the Canadian Wheat Board to ship grain to destinations where Canada is at a freight disadvantage, according to a CWB official who expects rates to remain under pressure for the foreseeable future. The Baltic Dry Index, a weighted […] Read more
Lower ocean freight rates allow CWB to compete
Alta. seeding progress nears completion
Reading Time: < 1 minute (Resource News International) — Seeding progress in Alberta is still moving ahead and nearing completion, although at a slower pace than normal, said a provincial crops specialist. While recent snowfall was behind some of the delays, the precipitation was beneficial overall. Doon Pauly, a crops specialist with Alberta Agriculture and Rural Development’s Ag-Info Centre at […] Read more
Traders react to StatsCan estimates
Reading Time: 2 minutes Canadian farmers intend to plant less canola in 2009/10 compared to the previous year, but more spring wheat and barley, according to Statistics Canada’s planting intentions report released April 24. Market participants saw the shift in intentions as a sign that cost of production would be a major consideration for producers this year. StatsCan forecast […] Read more
CWB needs deliveries through spring toward targets
Reading Time: < 1 minute (Resource News International) — The Canadian Wheat Board (CWB) is actively encouraging farmers to continue delivering high-quality wheat and durum through April and May in order to help meet sales commitments, despite the fact that spring is a time when farmers usually concentrate on seeding and fieldwork instead of moving grain. “We’re projecting a very […] Read more
Strong pace of canola crush may see slowdown
Reading Time: 2 minutes (Resource News International) — Canadian canola crushers continue to operate near full capacity, but could see a slowdown in the months ahead based on some of the marketing signals seen earlier in the crop year, according to a crushing industry official. “Based on margins going forward, we’ll start to see the crush decline,” said an […] Read more
Pakistan in canola market after late start
Reading Time: < 1 minute (Resource News International) — Pakistan has been in the market for Canadian canola recently, and is expected to end up taking a few more cargoes than it did the previous year. That’s despite the fact that the country has been slow making purchases this year, according to a canola exporter. Canada exported 222,800 tonnes of […] Read more
Pulse exporters to gain from India tax exemption
Reading Time: < 1 minute (Resource News International) — A decision by the government of India to extend import tax exemptions on pulses entering the country for another year will benefit Canadian exporters, said an official with Pulse Canada. To increase the domestic supply of pulses, the Indian government decided at a cabinet meeting to extend import tax exemptions for […] Read more
Large canola seedings likely, but how large?
Reading Time: 2 minutes (REVISED — Resource News International) — Canadian canola acres in 2009 will likely be large, but exactly how large still remains to be seen, according to market analysts who thought rotation issues and other constraints may keep a lid on new-crop seedings. In its latest supply/demand estimates, Agriculture and Agri-Food Canada’s market analysis division forecast […] Read more
CWB seeing record grain movement
Reading Time: 2 minutes (Resource News International) — The Canadian Wheat Board is seeing record grain movement this winter and should be able to continue that pace through the spring, according to a CWB spokesperson. From October 2008 to February 2009 the CWB cleared a total of 7.7 million tonnes of grain (including wheat, durum, and barley), well above […] Read more
High oleic canola seeing continued growth
Reading Time: 2 minutes (Resource News International) — Improving agronomics and economics are making specialty high oleic canola varieties (also known as high stability, omega-9, or low linoleic) a more favourable choice for western Canadian farmers, according to industry participants who expected to see a continued increase in acres going into the varieties in 2009. Canadian farmers planted about […] Read more
A message from April Stewart, Country Guide's Associate Editor
