(Resource News International) — Excessively wet conditions in Saskatchewan have delayed seeding of numerous crops and caused concern about the extent of moisture damage to recently planted fields, including lentils. “I think there was quite a bit of area that had been intended to be seeded to lentils, that just did not get into the […] Read more
Weather delays lentil seeding, may slow development
Feed barley price outlook remains depressed
(Resource News International) — Cash bids for feed barley in Western Canada have held fairly steady at some pretty depressed prices and the outlook continues to remain bleak. “There is no doubt that feed barley values are going to continue to decline, especially given the excessively wet growing conditions and the outlooks calling for these […] Read more
New-crop canola to see drop as acres climb
(Resource News International) — Canola contracts on the ICE Futures Canada platform are expected to undergo some major declines over the next couple of months as acreage ideas climb as in the absence of any production problems. “The sideways to lower grind canola contracts have been experiencing will likely continue over the summer,” said Ron […] Read more
Significant seeding progress in Alberta: AARD
(Resource News International) — Favourable weather conditions have allowed producers in much of Alberta to make significant seeding progress, according to a provincial crop specialist Wednesday. Planting of the intended crops in the Peace River region of northern Alberta was complete, while those operations in the east and west-central regions of the province were roughly […] Read more
China’s restrictions remain on Canadian canola
(Resource News International) — China’s import restrictions on Canadian canola remain intact despite reports to the contrary, according to an official with the Canola Council of Canada. “We’ve heard nothing official in regards to this issue,” council president JoAnne Buth said. Buth was responding to reports late last week from the China National Grain and […] Read more
Edible bean bids called discouraging
(Resource News International) –– Cash bids for edible beans in Manitoba have been described as discouraging and were reflecting an adequate supply situation as well as the absence of fresh demand. “The prices are discouraging right now, as the buyers are not willing to step up to the plate,” said Frank Reimer with Global Grain […] Read more
Northern Alta. nearly done seeding: AARD
(Resource News International) — Dry and seasonable conditions allowed producers in the Peace River region of northern Alberta to make significant seeding progress, according to a provincial crop specialist on Wednesday. “Seeding is virtually complete in most of that area,” said Neil Whatley, a crop specialist with the Alberta Ag-Info Centre at Stettler. The lack […] Read more
Large supply base deteriorates oat bids
(Resource News International) — A large supply base of oats has been steadily deteriorating cash bids in Western Canada, in a downtrend not expected to end soon. “Oat supplies at the end of the 2009-10 crop year are expected to be the second largest on record,” said Real Tetrault, CEO of Emerson Mills at Emerson, […] Read more
Few surprises seen in “lame” StatsCan stocks report
(Resource News International) — There were few surprises in the grain and oilseed stocks in all positions report for the period ended March 31, released Monday by Statistics Canada. The numbers were expected to be quickly overshadowed by more dominating news such as the euro-zone bailout and Tuesday’s supply/demand updates from the U.S. Department of […] Read more
Prairie canola crush margins improve
(Resource News International) –– Demand for canola from Prairie processors continues to build, particularly as the facilities in the Yorkton, Sask. area continue to come on line. Premiums for canola have been offered in some areas. “Based on the way I calculate margins, the crush for the spot month as of Friday was in the […] Read more