GFM Network News

Prairies’ forage crops need dry weather

(Resource News International) — Forage crop including pasture land, hay and silage crops across Western Canada vary in condition from province to province. But there’s one thing on which experts agree: the region’s forage crops need continued sunny, warm, dry weather to keep feed prices low for Canada’s livestock sector. “If we get some good […] Read more

Canola open interest at record high on ICE Canada

(Resource News International) — Open interest in ICE Futures Canada’s November canola future is currently at record highs for a single contract month, and there are ideas that this level of open contracts will remain high for some time to come, according to market participants. On June 29, open interest in the November canola future […] Read more

Olymel’s Red Deer pork plant re-opened: CFIA

(Resource News International) — Quebec meat packer Olymel’s hog processing plant at Red Deer, Alta. is again open after shutting down operations Monday and Tuesday due to an animal disease scare. Test results for foot-and-mouth disease, “which is what was feared by some, were negative and the plant has resumed operations,” said Lisa Gauthier, a […] Read more

StatsCan’s acreage update seen as starting point

(Resource News International) — Statistics Canada’s seeding intentions report, to be released June 23, is widely expected to be inaccurate, given that the survey was done about a month ago when producers across Canada were still optimistic about how much seed they’d get into the ground. “The (report will) not reflect the true market scenario and […] Read more

U.S. lifts brucellosis restrictions on B.C. cattle

(Resource News International) — The temporary restriction on sexually intact cattle being exported from British Columbia to the U.S. has been lifted, according to an official with the British Columbia Cattlemen’s Association. “The (Canadian Food Inspection Agency) went last week to the (U.S. Department of Agriculture) and requested that border restrictions be lifted and as […] Read more

Crop insurance deadlines loom over wet Prairies

(Resource News International) — Although the past weekend saw relatively low precipitation levels across Canada’s grainbelt, soil moisture in the area ranges from moderate to excessive, which has caused seeding delays and pushed seeding dates close to the upcoming crop insurance deadlines in the three Prairie provinces. Trevor Hadwen, agroclimate specialist with the National Agroclimate […] Read more

Port Of Churchill to see steady grain shipments

(Resource News International) — Grain shipments out of the Port of Churchill, Man. are expected to be consistent with numbers exported in the 2009 calendar year, but according to an official with the Churchill Gateway Development Corp., those numbers could potentially rise depending on the weather in Canada’s grainbelt. In 2009, 530,000 tonnes of grain […] Read more

Beef exports regaining markets lost to BSE

(Resource News International) — Exports of Canadian beef and veal during calendar 2010 will be up from the level shipped during 2009, according to an official with the Canada Beef Export Federation. However, the amount of Canadian beef and veal exported could be higher had it not been for the heavy restrictions that remain on […] Read more