Resource News International

Reading Time: 2 minutes Tight supplies and weather concerns in Saskatchewan are helping to boost new-crop red and green lentil prices in Western Canada. Prices in the country for new-crop red lentils are sitting around 35 cents a pound, with prices for large green lentils just a couple of cents below that, said Gerald Donkersgoed of Finora Inc. in […] Read more

Reading Time: 2 minutes After two years of large oats production in Western Canada, a smaller 2009-10 crop and a less-than-ideal start to the growing year could see burdensome stocks finally begin to decline. Statistics Canada’s seeded acreage report released Tuesday said 3.879 million acres of oats had been planted in Western Canada as of June 3. That’s down […] Read more

Reading Time: < 1 minute Soybean acreage in Manitoba has fallen short of early expectations as cool temperatures, wet weather and flooding caused farmers to think twice about planting the crop. Through the winter and early spring there had been talk that Manitoba farmers would seed up to 400,000 acres of soybeans this year, weather permitting. There were indications of […] Read more

Reading Time: 2 minutes (RNI) — Cash prices for canola in Western Canada continue to firm as slow farmer sales and commercial demand underpin the market. As of June 11, canola prices (delivered to elevator) ranged from a low of $9.75 a bushel to a high of $10.95 a bushel, according to prices collected by Prairie Ag Hotwire. Those […] Read more

Reading Time: 2 minutes (RNI) — Old-crop lentils prices in Western Canada are easing despite tight supplies of both the green and red variety. As of June 10, old-crop No.1 Crimson lentil prices (delivered to elevator) were sitting at 42.5 cents a pound, while No.1 Lairds were priced at 40.5 cents a pound, according to Prairie Ag Hotwire. That […] Read more

Reading Time: 2 minutes (RNI) — Cash barley prices have climbed about $7 per tonne in the southern Alberta cash market in the past week as dryness plagues production in key barley-producing areas in Alberta and Saskatchewan, according to a trader. “The market doesn’t seem to realize that prime barley land in Saskatchewan and Alberta is very dry,” said […] Read more

Reading Time: 2 minutes Husky Energy’s ethanol plant in western Manitoba is holding off on new-crop feedstock contracts due to uncertainty in the market, according to a Husky source. As of June 5, the 130 million-litre per year plant at Minnedosa, about 50 km north of Brandon, was offering producers $4.60 a bushel for July delivery of wheat and […] Read more

Reading Time: 2 minutes A steady lineup of ships waiting to move Canadian canola off the West Coast is keeping the canola cash market in Western Canada well supported and has helped shelter it from recent gyrations in the futures market. “Viterra and Cargill have been calling customers of mine asking them to deliver canola early. That’s a sign […] Read more

Reading Time: 2 minutes Light trade in the chickpea market has left prices in Western Canada little changed over the past few weeks. “It’s hard to get a real sense for the market because there are not really enough chickpeas moving right now,” said Colin Young of R. Young Seeds Ltd. at Mortlach, Sask., west of Moose Jaw. Grower […] Read more

Reading Time: 2 minutes Flax prices in Western Canada have been pushed higher over the past month by commercial demand and spillover support from strength in outside oilseed markets. “Prices seemed to have taken a quick little spike upwards and now they’re sitting there,” said Paul Martens, head of operations for Prairie Flax Products at Portage La Prairie, Man. […] Read more