(Resource News International) — Bids for flaxseed in the cash pipeline in Western Canada have been generally holding steady levels, although the trend has been more to the upside rather than down. “There has been some minor worry about the late development of the various crops, and flaxseed has been included to some degree in […] Read more
Flaxseed bids hold steady
Efforts continue toward Sask. hog packing plant
(Resource News International) — The chairman of the Saskatchewan Slaughter Plant Initiative says the group is continuing efforts to move ahead with plans to build a 650,000-head per year hog slaughter plant in Saskatchewan and have it operational by this fall. “We are at a critical stage in which some very detailed negotiations are currently […] Read more
Frost further delays Prairie crops
(Resource News International) — Some much-needed moisture in parts of the dry growing regions of Alberta and Saskatchewan was received during the weekend in the form of snow, but the accompanying cool temperatures, felt right across the Canadian grainbelt, continued to slow the development of recently seeded grain and oilseed crops, according to an official […] Read more
Frost hits Alta. crops, cold to hit Sask., Man.
(Resource News International) — New record-low temperatures were established in a number of the grain and oilseed growing regions of Alberta overnight, with readings in Saskatchewan overnight Tuesday also having a chance of dropping below freezing, according to updated weather outlooks. The extent of the damage to crops was not known at this time, government […] Read more
Lack of moisture on Prairies hinders optimism
(Resource News International) — Absence of precipitation in the western regions of central Saskatchewan and central Alberta areas has hindered optimism about production prospects, according to industry officials. The lack of moisture in the nearby forecasts also paints a worrisome crop outlook. “Some of those areas in question have not received any substantive precipitation since […] Read more
Analysts see CWB as cautious on wheat PROs
(Resource News International) — The Canadian Wheat Board is believed to have taken a very cautious approach in upping its pool return outlook (PRO) prices for wheat delivered by producers in the 2009-10 crop year. The PROs for most classes of wheat were increased by the CWB by $2 per tonne from the April projection. […] Read more
Drop in canola cash bids seen as temporary
(Resource News International) — The drop in the cash price for canola in Western Canada over the past week was seen as only being temporary, with values likely to move higher now that a correction in the market has occurred. “While some individuals were concerned that canola futures had collapsed over the past few days, […] Read more
Forecasts see Prairie canola acres up, barley down
(Resource News International) — With time quickly running out for producers in Western Canada to plant a crop, there are ideas that acres seeded to canola may be a bit more than what Statistics Canada had forecast. Barley area, meanwhile, was expected to be down, while wheat area was seen holding about steady. “Favourable returns […] Read more
Small jump seen in Prairie barley cash bids
(Resource News International) — Barley bids in Western Canada have seen a small improvement over the past couple of weeks, an increase associated with the price climb in other commodities and ideas that 2009 barley acres will be reduced. “Some of the price hike can certainly be traced back to the general upward price move […] Read more
Fundamentals support higher canola bids
(Resource News International) — Cash bids for both old- and new-crop canola contracts have strengthened significantly over the past week and while there appears to have been a downturn in nearby demand, the fundamentals continue to suggest further upward price action is in the cards. “The basis for canola has been holding together very reasonably […] Read more
Canadian Cattlemen Presents: Depth of Field
