(Resource News International) — Feed wheat cash bids in Western Canada have been holding at some pretty stagnant levels over the past couple of weeks, with most market participants anticipating that values will continue to slowly erode. “Cash prices for feed wheat in Alberta have been holding around the $160 per tonne level over the […] Read more
Prairie feed wheat bids stagnant
Man. rail movement to resume as water recedes
(Resource News International) — Floodwaters along the Red River in southern Manitoba have receded enough that Canada’s two national railway companies have resumed or will resume operations on their rail line subdivisions in the region in the very near future, according to spokespersons from each railway. “Canadian Pacific Railway (CPR) resumed service on its subdivision, […] Read more
Oat bids improve against dollar, supply pressures
(Resource News International) — Cash bids in Western Canada for both old- and new-crop oats have begun to improve slightly but the upside continues to remain limited in view of the strong Canadian dollar and the large supply situation. “We’ve certainly seen bids for both old- and new-crop oats climb somewhat as there has been […] Read more
Weather prompts ideas of more flax acres
(Resource News International) — Continued cold and wet weather conditions across much of Manitoba and into eastern regions of Saskatchewan are forcing producers to look at alternative crop choices, including flaxseed. “Over the past week or so there has been a lot of producers in both provinces picking up flaxseed from seed dealers as the […] Read more
Demand lifts old-crop canola, new crop lags
(Resource News International) — Old-crop canola bids continue to sit at price levels higher than new-crop, with demand being linked to this phenomenon. “It’s all about the record pace of exports and the record level of canola being crushed by processors that are helping to keep old canola at a premium to new-crop at this […] Read more
Barley area seen up despite poor cash bids
(Resource News International) — The area seeded to barley by producers in Western Canada may actually be higher than anticipated despite cash bids for the commodity remaining depressed. “While it’s hard to conceive that barley area will increase given the poor cash bids for the commodity and the likelihood those values will remain depressed heading […] Read more
Area seeded to peas seen down, not up
(Resource News International) — The amount of area to be seeded to peas this spring in Western Canada is seen to be less than expected, not more, with weather and huge carry-in supplies likely to cause producers to switch out of the crop. “I am a little skeptical of the recent planting survey from Statistics […] Read more
Wet Manitoba weather hurts sunflower area
(Resource News International) — Cool temperatures and wet soil conditions are expected to cause a small setback in the amount of area that will be seeded to sunflowers in Manitoba this spring. “We’re still not sure how much sunflower area will be lost because of the adverse weather in the province, but it’s safe to […] Read more
StatsCan’s grain stocks report surprises
(Resource News International) — Statistics Canada’s “grain stocks in all positions” report for the period ended March 31 held more than just a few surprises with the numbers for all wheat and canola coming in well below expectations, industry participants said. Stocks of barley and peas, meanwhile, were extremely large. “The wheat number is definitely […] Read more
Prairie canola bids hit $10
(Resource News International) — Cash bids for canola in Western Canada have now climbed above $10 a bushel in most locations as companies continue to try to pry some canola out of the hands of producers to meet Chinese export commitments and local crusher demand. “Steady export and domestic processor demand has helped canola bids […] Read more