Reading Time: 2 minutes Winnipeg (Resource News International) — La Nina conditions in the Pacific Ocean over the winter are seen as a potential indicator of large Canadian wheat yields the following summer. Long-term weather conditions can be an inexact science, due to the sheer number of variables involved. But La Nina and El Nino conditions, which relate to […] Read more
GrainWorld: La Nina may mean good wheat yields
GrainWorld: Hog sector finally seeing some profits
Reading Time: 2 minutes Winnipeg (Resource News International) — Canadian hog producers are starting to see some profitability for the first time in over two years, but whether or not those profits stay is seen depending on the value of the Canadian dollar. Analyst Steve Dziver of Winnipeg-based Phoenix Agri-Tec Inc. told the Canadian Wheat Board’s annual GrainWorld conference […] Read more
Oats supplies continue to overhang market
Reading Time: 2 minutes (Resource News International) — Large supplies should continue to keep oats prices in Western Canada under pressure heading into the new crop year, especially as the burdensome stock situation is unlikely to be alleviated anytime soon and other grains are also showing weakness, according to an oats merchant. Canada is on pace to carry out […] Read more
Analysts: Crop acres still up in air for 2009
Reading Time: 2 minutes (Resource News International) — Agriculture and Agri-Food Canada’s initial estimates of what farmers will plant in 2009, released Monday, are a good “starting point,” according to industry analysts who still question a few of the department’s forecasts. “I talk to farmers all the time, and they don’t know what they’re going to plant,” said Mike […] Read more
Canola exports strong, cutting into ending stocks
Reading Time: 2 minutes (Resource News International) — Canadian canola exports continue at a record pace, cutting into the country’s massive supplies, according to industry participants. While ending stocks will still be large, they may not be as big as originally thought. Adrian Man of Winnipeg’s Richardson International said the canola export program was running strong, and should remain […] Read more
CWB deregulation off government’s radar, for now
Reading Time: < 1 minute (Resource News International) — Changes to the Canadian Wheat Board are off the federal government’s radar for the time being, Agriculture Minister Gerry Ritz said Monday. Canada’s minority Conservative government has promised in the past to end the CWB’s current single-desk monopoly on barley and wheat marketing in Western Canada, and has considered introducing legislation […] Read more
Canada to sign ag trade memo with India
Reading Time: < 1 minute (Resource News International) — The Canadian government on Tuesday will sign a memorandum of understanding (MOU) with India regarding agricultural trade issues, Canada’s agriculture minister Gerry Ritz said in a teleconference from New Dehli on Monday. Ritz is visiting India with industry representatives from Pulse Canada and Canada Pork International as part of a trade […] Read more
Canola demand heading for record
Reading Time: 2 minutes (Resource News International) — Canada’s record large canola crop will need to be met by equally large demand in order to keep carry-out supplies from climbing too high in the upcoming year, according to industry sources who were anticipating record demand from both domestic crushers and from export customers. Canadian farmers grew a record 12.643 […] Read more
Feed barley seen staying home, exports unlikely
Reading Time: 2 minutes (Resource News International) — Canada is not expected to be a major feed barley exporter this year, as domestic prices should remain more attractive to farmers, according to market sources. While feed barley prices in Western Canada continue to weaken and have more room to the downside, international prices are considerably lower, which should keep […] Read more
Prairie winter wheat acres drop less than expected
Reading Time: 2 minutes (Resource News International) — Western Canadian winter wheat may be down on the year, but farmers still managed to plant more winter wheat this fall than had been expected, said an official with Winter Cereals Canada. Western Canadian farmers planted 1.245 million acres of winter wheat this fall for harvest in 2009, according to Statistics […] Read more
A message from April Stewart, Country Guide's Associate Editor
