(Resource News International) — Poor weather heading into the fall, the lack of snow cover over the winter and a general dismal spring have resulted in Ontario’s wheat output coming in lower than anticipated, according to an official with the Ontario government. “Right now, an estimated 98 per cent of the province’s winter wheat crop […] Read more
Poor weather limits Ont. winter wheat output
Alta. crops need heat for development: AARD
(Resource News International) — Grain and oilseed crops across much of Alberta are in serious need of warm temperatures in order to speed up the maturity process and avoid damage from an early frost, according to a provincial crop specialist. “It’s going to be a race to see if the crops are going to be […] Read more
Hog program aims for output cut to 25M head
(Resource News International) — Details of Canada’s new hog and pork support program, aimed at downsizing the country’s hog herd and encouraging new pork marketing programs, are still in the process of being worked out, but it’s hoped that the output of hogs would drop significantly. “Part of the program’s goal is to see the […] Read more
StatsCan shows canola yields below expectations
(Resource News International) — Crop production numbers for canola in Statistics Canada’s first look at the 2009-10 season were lower than anticipated, but most industry sources believe estimates will only grow in future updates. “The number for canola was certainly at the low end of pre-report expectations and could mean some supply tightness down the […] Read more
Man. corn bids weak, crop in rough shape
(Resource News International) –– A lack of heat units and a late start to seeding have resulted in Manitoba’s corn crop being well behind in development, but cash bids for the crop barely reflect these problems. “The heat we experienced in the province last week was good for the crop, but we will need at […] Read more
Prairies’ canola crush margins decline
(Resource News International) — Crush margins for canola in Western Canada have lost some additional ground, and if the Canadian dollar continues its appreciation, further declines are likely in the cards. “Based on the way I calculate margins, the crush for the spot month as of Friday was in the $74.20 per tonne range,” said […] Read more
Strong spot sunflower bids spark movement
(Resource News International) — Strong spot bids for confectionary varieties of sunflower have helped to spark some farmer movement of the commodity into the cash market. Strong end-user demand and concerns about the crop have helped to prop up the cash market. “End users are paying as much as 40 to 42 cents a pound […] Read more
Prairie pea values climb on nervousness
(Resource News International) — Edible pea prices in Western Canada have climbed significantly in recent weeks, with much of the strength associated with nervousness over the crop. Some industry sources linked the strength in yellow peas to the fact India has stepped up to the plate and has been a good buyer. “The way I […] Read more
Prairie barley bids lag against alternatives
(Resource News International) –– Barley bids in Western Canada have been declining steadily over the past few weeks, reflecting dwindling livestock herds and increased alternative supplies. “There is no doubt that demand for feed barley in Western Canada has been declining given that cattle and hog producers have been steadily liquidating, or at least downsizing […] Read more
Lentil price direction tied to weather
(Resource News International) — Old-crop bids for lentils in Western Canada have been holding at extremely strong levels while weather is likely to be the main factor determining the trend for new-crop values. “Essentially, if we get an early frost in August, lentil prices are likely to go ‘crazy,'” said Alan Wagner of Prairie Pulse […] Read more