GFM Network News

Canola crop record, but smaller than expected

Canada’s canola output in the 2011/12 (Aug/Jul) crop year will be record large, but the estimate released by Statistics Canada in its first crop production survey fell below what market participants had been anticipating. The government agency pegged Canada’s 2011/12 canola crop at a record 13.193 million tonnes, which was up from the 2010/11 level […] Read more

Monitoring continues for Asian soy rust

(Resource News International) Canada continues to monitor its soybean crops very closely for any signs of the Asian soybean rust disease, but so far no viable spores have been found, said an Ontario provincial crop specialist. “There has not yet been a confirmed case of Asian soybean rust in Ontario,” said Peter Johnson, a cereal […] Read more

Ont. soy harvest underway, corn on hold

(Resource News International) — Ontario’s soybean harvest is about to gear up while the grain corn harvest is still a few weeks away, according to a provincial cereals specialist. “In terms of the soybean harvest in Ontario, it is full steam ahead where possible,” said Peter Johnson, a cereal specialist with the Ontario Ministry of […] Read more

Canadian pork industry presses China on ban

(Resource News International) Efforts are underway to reinstate pork exports to China from the Maple Leaf plant in Brandon, Man., said an official with the Canadian Pork Council. “It was certainly a surprise that pork from Maple Leaf was banned by China, given that a number of countries which have been using the growth stimulant […] Read more

WCE close: Soybeans boost canola

Winnipeg (Resource News International) — Canola futures at the Winnipeg Commodity Exchange (WCE) finished Friday’s session mainly higher. Strength in canola was associated with steady demand and the advances exhibited by CBOT soybean complex values, market watchers said. A firm Canadian dollar and pre-weekend hedging tempered some of the upward price action. Some position evening […] Read more

Man. soybean growers prepare for harvest

Winnipeg (Resource News International) — The harvest of Manitoba’s soybean crop was expected to pick up steam next week with recent cold temperatures not seen as being much of a factor. “We have just entered the early stages of the soybean harvest,” said Bruce Brolley, a pulse industry development specialist with Manitoba Agriculture, Food and […] Read more

Frost hits some Alta., Sask. crops

(Resource News International) Temperatures dropped below freezing overnight Wednesday in the grain and oilseed producing regions of central and northern Alberta and Saskatchewan. Yields were not likely to have been significantly impacted, but the quality of the crops in those areas probably suffered some more, according to Bruce Burnett, director of the Canadian Wheat Board’s […] Read more

Strong demand to put grain handling system to test

(Resource News International) Canada’s grain handling and transportation system is expected to be put to the test this fall with few participants expressing any confidence that there will not be some sort of breakdown. “Trying to move all the barley, wheat, canola, peas and other commodities that was sold for fall delivery through the West […] Read more

Alberta harvest: South done, north just starting

(Resource News International) — Harvest operations in southern Alberta were virtually complete, but remained stalled in the central and northern areas of the province, according to a crop specialist with the Alberta Ag-Info Centre. “Wet and cool temperatures in the central and northern areas were slowing crop maturity as well as keeping producers out of […] Read more