Dwayne Klassen

(Resource News International) — Canadian flaxseed production in the upcoming 2010-11 crop year is expected to be down significantly from the level achieved in 2009-10, based on data from Informa Economics. Speaking this week at the Canadian Wheat Board’s annual GrainWorld conference in Winnipeg, Chuck Penner, senior consultant with Informa Economics, estimated 2010-11 Canadian flaxseed […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada continue to remain depressed overall, but there have been opportunities where values have increased, albeit temporarily. “There were some old-crop flaxseed cash bids along the Manitoba/Saskatchewan border that were reportedly in the $9 a bushel area, f.o.b. April/May,” according to Mike Jubinville, a market […] Read more

(Resource News International) — Crush margins for canola in Western Canada have seen some significant improvement over the past week, with the uptrend continuing in the weeks ahead. “Based on the way I calculate margins, the crush for the spot month as of Monday was in the $122 per tonne range,” said Bill Craddock, a […] Read more

(Resource News International) — Statistics Canada’s grain and oilseed stocks in all positions report for the period ended Dec. 31 was generally in line with pre-report expectations and helped confirm the production numbers the agency released in the fall, according to industry participants. The numbers, released Friday, were not expected to have any kind of […] Read more

(Resource News International) — A slow deterioration in feed barley bids in Western Canada continues, with little to suggest that an end to the slide is in sight. “All the normal issues remain in play and have been slowly dragging bids downwards,” said Mike Jubinville, a market analyst with ProFarmer Canada in Winnipeg. Producers, he […] Read more

(Resource News International) –– Old- and new-crop canola bids in Western Canada continue to deteriorate, with producers less than happy with the situation. “The deterioration in canola futures at ICE Canada and soybeans at the CBOT have translated into some pretty low cash bids in Western Canada,” said Ken Ball, a broker with Union Securities […] Read more

(Resource News International) — Canaryseed prices in Western Canada continue to be stuck in a sideways pattern, as steady demand seems to be matching supply coming in. “There is always some small amount of demand surfacing from a variety of outlets, but supplies on hand have been able to accommodate that interest,” said Earl Schnellert, […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada have managed to improve slightly, although producers continue to be hesitant to commit to the crop in the spring. “A lot of producers are in limbo, and are awaiting developments before deciding to go with the crop this spring,” said Richard Zacharias, general manager […] Read more

(Resource News International) –– New-crop canola bids being offered by grain companies in Western Canada are seen as unlikely to attract the acres required to meet industry needs. “Right now most new-crop bids for canola are under $9 a bushel, which is only going to cause area seeded to the crop to drop well below […] Read more