Dwayne Klassen

(Resource News International) — A battle for acreage next spring is expected to begin heating up soon as producers in Western Canada begin to plan ahead for next year’s crops. High prices for various grains and oilseeds will make things interesting as producers will be attracted to the crops that have strong return potential, said […] Read more

Canola futures at the Winnipeg Commodity Exchange (WCE) finished Friday’s session higher with new highs set in a number of contracts. The advances were spurred on by continued talk of fresh export demand and the advances seen in the CBOT soybean complex, market watchers said. Some position evening ahead of the weekend and this weekend’s […] Read more

(Resource News International) — Most industry participants say they’re ready for when grain and oilseed futures contracts at the Winnipeg Commodity Exchange begin trading on the ICE platform beginning Dec. 9 at 7 p.m. CT, moving from the current Chicago Board of Trade (CBOT) platform. The ICE platform requires one continuous trading session, and because […] Read more

(Resource News International) — Above-normal precipitation is expected to cover much of Western Canada’s grain and oilseed belt during the winter months, according to the latest long-range weather outlook released by the Canadian Meteorological Center (CMC) of Environment Canada. In its outlook for the December, January and February period, Environment Canada predicted above-average precipitation would […] Read more

(RNI) — Canola futures at the Winnipeg Commodity Exchange finished Friday’s session mainly lower after trading higher just ahead of the close. Weakness in canola was linked to late profit-taking by fund accounts as well as the losses posted in the Chicago Board of Trade (CBOT) soybean complex, market watchers said. Weakness in the Canadian […] Read more

(Resource News International) — While not ruling out other options to remove the Canadian Wheat Board’s single-desk marketing powers for Prairie barley, the federal government for now is focused on a court appeal toward that end. The government is focusing its attention on an appeal of a decision by a Federal Court judge, which cancelled […] Read more

(Resource News International) — The move by the European Union to suspend import tariffs on most cereals for the rest of the 2007-08 marketing year will not open the door for increased Canadian wheat and barley shipments, a spokeswoman for the Canadian Wheat Board said. “What we are selling to Europe in terms of wheat […] Read more

(RNI) — Canola futures at the Winnipeg Commodity Exchange finished Friday’s session firmer with a number of months establishing new contract highs. Gains were influenced by the sharp advances posted in the Chicago Board of Trade (CBOT) soybean complex and from steady demand, market watchers said. WCE feed wheat and western barley futures were steady […] Read more

(RNI) — Canola futures at the Winnipeg Commodity Exchange finished Thursday’s mainly lower after starting the day off on a mostly firmer footing. The closure of Chicago Board of Trade (CBOT) markets for U.S. Thanksgiving resulted in a number of market participants taking to the sidelines. Some support across the board came from light commercial […] Read more