Dwayne Klassen

Winnipeg (Resource News International) — Canola futures at the Winnipeg Commodity Exchange (WCE) finished Friday’s session mainly higher. Strength in canola was associated with steady demand and the advances exhibited by CBOT soybean complex values, market watchers said. A firm Canadian dollar and pre-weekend hedging tempered some of the upward price action. Some position evening […] Read more

Winnipeg (Resource News International) — The harvest of Manitoba’s soybean crop was expected to pick up steam next week with recent cold temperatures not seen as being much of a factor. “We have just entered the early stages of the soybean harvest,” said Bruce Brolley, a pulse industry development specialist with Manitoba Agriculture, Food and […] Read more

(Resource News International) Temperatures dropped below freezing overnight Wednesday in the grain and oilseed producing regions of central and northern Alberta and Saskatchewan. Yields were not likely to have been significantly impacted, but the quality of the crops in those areas probably suffered some more, according to Bruce Burnett, director of the Canadian Wheat Board’s […] Read more

(Resource News International) Canada’s grain handling and transportation system is expected to be put to the test this fall with few participants expressing any confidence that there will not be some sort of breakdown. “Trying to move all the barley, wheat, canola, peas and other commodities that was sold for fall delivery through the West […] Read more

(Resource News International) — Harvest operations in southern Alberta were virtually complete, but remained stalled in the central and northern areas of the province, according to a crop specialist with the Alberta Ag-Info Centre. “Wet and cool temperatures in the central and northern areas were slowing crop maturity as well as keeping producers out of […] Read more

(Resource News International) There were few surprises in the Statistics Canada report on grain stocks in all positions for the period ended July 31, the end of the 2006-07 crop year. The exceptions to the rule, however, were tighter-than-expected wheat supplies and canola stocks a bit larger than anticipated. “The all wheat supply estimate was […] Read more

Winnipeg (Resource News International) — Market participants will closely monitor Tuesday’s grain and oilseed stocks in all positions report scheduled to be released by Statistics Canada — especially its figures for 2006-07 wheat, barley and canola carryover, industry sources said Monday. “All the numbers will be used to tidy up supply/demand estimates for 2006/07 and […] Read more

(Resource News International) — Canola futures at the Winnipeg Commodity Exchange (WCE) finished Friday’s session higher with the advances in the CBOT soybean complex and fresh fund buying providing some of the upward price momentum, market watchers said. Position evening ahead of the weekend was a feature of the activity. Canola finished higher in view […] Read more

(Resource News International) — Growing global demand for biodiesel and food-quality vegetable oils has resulted in Viterra considering re-entering the oilseed processing sector, company CEO Mayo Schmidt said Friday. Viterra, is the new operating name for Saskatchewan Wheat Pool after its recent acquisition of Agricore United. “The company is currently actively looking at biofuel opportunities […] Read more