Dwayne Klassen

(Resource News International) — Navigation on the St. Lawrence Seaway system is expected to resume sometime on Wednesday, according to a spokesman with the St. Lawrence Seaway Management Corp. “The oil spill caused by the running aground of a bulk carrier south of Montreal late on July 12, has been contained and was in the […] Read more

(Resource News International) — A number of crops in Manitoba have been hampered by the continuous wet conditions, but the exception appears to be corn, which was reported to be in pretty good if not excellent shape. “To tell you the truth, Manitoba’s corn crop is actually looking pretty good,” said Manitoba Corn Growers Association […] Read more

(Resource News International) — Western Canadian producers, hoping to get some sort of reprieve from the continuous precipitation that has already cost valuable acreage and is now threatening production, will not be happy with the short- to medium-term forecasts. “I’m afraid the weather pattern that has dominated much of the Canadian prairies this spring and early […] Read more

(Resource News International) — The price outlook for canaryseed in Western Canada has taken a turn for the worse, given news that the government of Mexico has begun enforcing weed seed quarantines. The Canadian Food Inspection Agency received notice from Mexico on June 23 that all imports of Canadian canaryseed will be held and tested […] Read more

(Resource News International) — Cash bids for feed barley in Western Canada have managed to strengthen over the past number of weeks, but the upside continues to be limited. “The main reason for the firmness in cash barley bids is that producers have remained reluctant sellers,” said Jerry Klassen, manager with G.A.P. Grain and Products […] Read more

(Resource News International) — Both the traditional commodity funds and the large commodity index funds have taken up long positions in the November ICE Canada canola futures contract.  Estimates from market participants placed the regular funds long about 20,000 contracts or more in the November canola future while the large index funds were long the […] Read more

(Resource News International) — The acreage update from Statistics Canada released early Wednesday held few surprises and will largely be ignored, but will provide a good base in which to backtrack seeding intentions negatively impacted by excessive precipitation this spring. “The report from StatsCan is more reflective of what could of been, rather than what […] Read more

(Resource News International) — Excessive moisture in Western Canada definitely had a negative impact on oat acreage and will have severely hurt yield potential, but it will probably take another month or two before the industry gets a real handle on actual damage, according to industry sources. Canada’s 2010-11 oat output in Agriculture and Agri-Food […] Read more

(Resource News International) — Exceptional spring rainfall will severely impact 2010-11 western Canadian wheat, durum and barley production, leaving more than eight million acres unseeded, the Canadian Wheat Board said Friday. “The excess rain has washed away the hope of seeding for many farmers,” Bruce Burnett, the CWB’s director of weather and market analysis, said in […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada have been holding steady to firm, and were expected to see some additional strength given the uncertainty due to the excessively wet conditions. “There will likely be some flaxseed that may not get into the ground in both Saskatchewan and Manitoba due to excess […] Read more