Dwayne Klassen

(Resource News International) — Canada’s canola crush capacity has been slowly creeping upward with steady food demand and increasing biofuel needs behind the rise, market participants said. Canada’s current canola crush capacity has been estimated at between four million and 4.5 million tonnes, with domestic processors in Canada reluctant to confirm those numbers. The debate […] Read more

(Resource News International) — Canola futures at the Winnipeg Commodity Exchange finished Friday’s session mostly higher. Strength in CBOT soybean complex values had provided good support for canola throughout most of the session while the strong Canadian dollar and pre-weekend hedge selling kept some contracts on the defensive, market watchers said. Canola finished mostly higher […] Read more

(Resource News International) — The harvest of Ontario’s corn crop continues to slowly move forward while most of the soybean fields in the province have now been combined, according to a provincial cereals specialist. “In terms of the corn harvest in Ontario, it’s about one- half to two-thirds complete at present,” said Peter Johnson, a […] Read more

(Resource News International) — Record-high wheat prices, combined with extremely favourable seeding conditions, are believed to have resulted in winter wheat area in Ontario hitting a new record high, according to a spokesman with the Ontario Wheat Producers’ Marketing Board. “While we are still waiting for some final acreage numbers, it is believed that producers […] Read more

(Resource News International) — The return of drier weather, along with warmer temperatures, has allowed producers in Alberta to virtually wrap up their 2007 harvest operations, according to a crop specialist with the Alberta Ag-Info Centre. “Producers finally got some drier weather to work with and there are only now pockets of crops left to […] Read more

(Resource News International) — Winnipeg Commodity Exchange grain and oilseed futures finished Friday’s session lower, associated with the declines in CBOT soybean complex values and with large visible supplies in Western Canada, market watchers said. WCE feed wheat and western barley values were mostly higher, with the limit-up gains in U.S. wheat futures supportive. Position-evening […] Read more

(Resource News International) — Winnipeg Commodity Exchange grain and oilseed futures finished Friday’s session mainly lower with losses fueled by pre-weekend hedging and the absence of fresh demand, market watchers said. WCE feed wheat and western barley values declined amid poor demand and the sharp declines posted by CBOT wheat futures. Position evening ahead of […] Read more

(Resource News International) — There will be a small percentage of crops that will go unharvested in the Peace River region of northern Alberta, according to a provincial crop specialist. “Right now only 50 per cent of the various crops in the Peace district have been harvested,” said Harry Brook of Alberta Agriculture and Food’s […] Read more

(Resource News International) — The Winnipeg Commodity Exchange’s electronic trading platform will officially transfer to the InterContinental Exchange (ICE) from the CBOT beginning Dec. 9, coming with new extended trading hours. “The last WCE trading day on the CBOT trading platform will be on Friday, Dec. 7,” said WCE president Will Hill. “The WCE’s move […] Read more

(Resource News International) — A recent return to drier weather and warmer temperatures has helped Alberta farmers harvest their crops, according to a crop specialist with the provincial Ag-Info Centre. “The weather has allowed harvest operations to move to about 85 per cent complete,” said Doon Pauly, a crop specialist with the Ag Info Centre […] Read more