Dwayne Klassen

(Resource News International) –– Statistics Canada will release an updated grain and oilseed stocks in all positions report on Monday (May 10) and while the numbers will be monitored, few surprises are anticipated. Estimates for the period ended March 31 for canola, barley, oats and wheat were seen garnering most of the attention. “The numbers […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada have been holding fairly steady and in some cases, have firmed, as exports of the commodity are pretty good. “Last fall, when Canada lost its ability to ship flaxseed to Europe, there were ideas stocks of flax would just begin to pile up, given […] Read more

(Resource News International) –– Cash bids for feed barley in Western Canada have undergone some strengthening but the firmer price outlook does not extend too far forward. “Basically, what is happening is that feedlots are covering some nearby needs with producers being reluctant sellers,” said Jerry Klassen, manager with G.A.P. Grains of Winnipeg. “These end-users […] Read more

(Resource News International) –– Old-crop canola bids in Western Canada have bounced both upward and downward over the last couple of weeks while new-crop bids continue to remain firm enough to entice a strong acreage base. “There have been premiums offered for canola by grain companies for spot delivery, but as quick as those premiums […] Read more

(Resource News International) — The absolute disappearance of demand for lentils on the global market along with the huge jump in seeded area for Canada’s crop does not bode well for values in the cash market. “Prices for lentils are likely to continue to trend downwards in this kind of environment,” said Colin Young, manager […] Read more

(Resource News International) — Last year at this time, producers were still waiting for the soils in Manitoba to dry up enough to begin seeding corn — not the case this year, according to an official with the Manitoba Corn Growers Association. “Producers have already started planting the corn crop in Manitoba as conditions are […] Read more

(Resource News International) — Spring fieldwork has begun in select areas of Alberta with some seeding operations underway in the extreme southern regions of the province, according to a provincial crop specialist.  “I would say seeding is very limited still, with less than five per cent of the intended area in the ground in regions […] Read more

(Resource News International) — The administrative offices of ICE Futures Canada and ICE Clear Canada will soon move from the downtown site of their former trading floor, according to its CEO. Brad Vannan said the move from the building at Winnipeg’s Portage and Main, still named “Commodity Exchange Tower” for the former Winnipeg Commodity Exchange, […] Read more

(Resource News International) — The precipitation that fell in the form of snow over the past few days looks to have done little to alleviate the dry soil moisture conditions across many ag growing areas in Alberta. “There’s been little accumulation of snow to date and what has fallen has barely been enough to wet […] Read more

(Resource News International) — Cash bids for feed barley in Western Canada have been holding fairly steady at some pretty weak levels and the outlook for values does not bode well. “There is no shortage of supply and that is one of the reasons values remain at some poor price levels,” said Jerry Klassen, manager […] Read more