Durum prices relatively steady

Commodity News Service Canada — The volatility in the global wheat markets in recent weeks has largely bypassed durum, which has seen its premiums over hard red spring wheat erode slightly in Western Canada. “Durum does what it wants, when it wants,” said a Saskatchewan-based durum broker, noting that the recent strength in Canada Western […] Read more


Tighter special crops stocks: Ag Canada

Commodity News Service Canada — Canadian pulse and special crop ending stocks are forecast to be slightly tighter than earlier estimates, according to updated supply/demand tables released by Agriculture and Agri-Food Canada’s Market Analysis Division late Friday, December 19. Ag Canada pegged 2014/15 specialty crop ending stocks at 345,000 tonnes, which compares with the November […] Read more

Co-ops put Que. urea plant plan on ‘pause’

Development work toward a major new nitrogen fertilizer plant in Quebec is on hold while its partners seek more investors to climb on board. IFFCO — the Indian Farmers Fertilizer Co-operative, one of India’s largest fertilizer makers — and Quebec agrifood co-operative giant La Coop federee said Tuesday they’ve suspended preparation of “preliminary plans and […] Read more


CN to pay WGRF $5.2 million

CN to pay WGRF $5.2 million

The Western Grains Research Foundation (WGRF) says it will receive $5,231,011 from CN Rail for exceeding its revenue entitlement for 2013-14. The Canadian Transportation Agency ruled Dec. 18 that CN has exceeded its maximum revenue entitlement under legislation that caps the revenue it can receive for grain during the crop year. CP was found to […] Read more

Russian grain exporters stop buying

Russian grain exporters stop buying

Moscow / Reuters — A Russian grain exporters’ group that accounts for about three-quarters of the country’s shipments said on Friday it had stopped buying for export until domestic prices cool down. The move follows informal government measures to restrict exports as Moscow tackles a currency crisis, including through toughening of quality controls and a […] Read more


CWB wheat PROs rise with recent rally in U.S. futures

Commodity News Service Canada — CWB has raised Pool Return Outlooks (PROs) for wheat in its latest report, due to a recent sharp rally in U.S. wheat futures. Wheat PROs were anywhere from $15 to $30 per tonne higher, with uncertainty over Russian winter wheat exports behind the advances. Crop conditions for U.S. and European […] Read more

Louis Dreyfus Yorkton plant reopens

Louis Dreyfus Yorkton plant reopens

Commodity News Service Canada — The Louis Dreyfus canola crushing plant in Yorkton, Saskatchewan, is officially back in operation after an explosion at a meal storage facility in late October forced the plant to close for a number of weeks, says a Dec. 18 statement from the company. “We are pleased to announce that operations […] Read more