(Resource News International) — Higher than expected acres seeded to flax and indications the crop is in good to very good condition in key growing regions of Manitoba and Saskatchewan have resulted in some lower cash bids for flaxseed from elevator companies. “Crop production estimates for flaxseed have been growing, and as they have been […] Read more
Prairie flax crop in good shape, bids ease
Pea exports to establish new record
(Resource News International) — Demand for Canadian peas has been exceptionally strong during the 2008-09 crop year and because of that strong interest, shipments will hit a new record high, according to a federal farm market analyst. “Exports of Canada’s peas will hit a record 2.6 million metric tons in 2008-09,” said Bobby Morgan, the […] Read more
Crush margins for canola weakening
(Resource News International) — Crush margins for canola in Western Canada have been losing ground and it appears the downward trend is expected to continue in the foreseeable future. “Based on the way I calculate margins, the crush for the spot month as of Friday was in the $84 per tonne range,” said Bill Craddock, […] Read more
Prairies’ latest rain seen as too little, too late
(Resource News International) — Shower activity in the extremely dry areas of western Saskatchewan and east-central Alberta were believed to have helped a few crops but for the majority it was reported to be a case of “too little, too late.” Bruce Burnett, director of the Canadian Wheat Board’s weather and crop surveillance department, said […] Read more
Feed pea bids hold firm on output concerns
(Resource News International) — Feed pea prices in Manitoba and Saskatchewan have been holding fairly steady while values in Alberta have been creeping upward. The ability of values to hold steady and even move a bit higher is being directly related to the weather. “The dryness in Alberta and the western half of Saskatchewan has […] Read more
Alta. crops need precipitation soon: AARD
(Resource News International) — Grain, oilseeds, pasture and hay crops across much of Alberta are in serious need of moisture soon if there is any hope of these crops maturing ahead of an early frost, a provincial crop specialist warns. “There are a few areas within the province that there has been enough rain and […] Read more
Few concerns result in steady-to-weak flax bids
(Resource News International) — Lack of concern from end-users, and ideas that acreage to the crop may be higher than anticipated, have resulted in cash bids for flaxseed holding steady to being a bit easier than a few weeks ago. “There have been few, if any indications, of end-users having trouble sourcing either old or […] Read more
Prairie barley deliveries dwindle, bids climb
(Resource News International) — Barley bids in Western Canada have been slowly creeping upward over the past few weeks as producers concerned about the drought conditions for crop production have become very reluctant sellers of the commodity. “There is certainly the aspect of poor weather for the development of the recently seeded barley crop in […] Read more
StatsCan acreage update won’t show weather shift
(Resource News International) — Statistics Canada’s June 23 acreage update will not show the full impact of weather and industry participants are already second-guessing the numbers. “The second-guessing will be because of the lateness of the development of the various crops, the impact of frost and the timing of the survey,” said Ken Ball, a […] Read more
Solution sought on blocked canola meal shipments
(Resource News International) — Canadian and U.S. government and technical industry representatives are working to resolve the issues which have blocked the movement of some Canadian canola meal shipments into the U.S., according to the head of Canada’s oilseed processors’ group. “There have been some shipments of Canadian canola meal halted at the U.S. border […] Read more