GFM Network News

Canola crush margins rising

Canola crush margins in Canada have steadily increased over the past week, thanks to ongoing demand from domestic processors, as well as a sharp decline in the Canadian dollar. Canola crush margins for the November/October 2011 contract are bringing $97.54 per tonne, $8.90 per tonne higher than just a week ago, according to ICE Futures […] Read more

Flax bids weaken on lower demand

Flax prices in Western Canada have declined over the past month — and given the uncertainty of the global economic situation, that trend may continue into the winter months. Elevator deliveries for flax were bringing as much $13.91 per bushel in Alberta, $13.39 per bushel in Saskatchewan and $13.40 per bushel in Manitoba, according to […] Read more

Chickpeas see gains on global concerns

Poor crops being grown in Australia and Turkey have led to a significant increase in the value of chickpeas in Western Canada. Omer Al-Katib, director of corporate affairs and investor relations with Alliance Grain Traders in Regina, said the two nations have had separate problems this year, which have led to a jump in the […] Read more