(Resource News International) — Canada’s canola crush capacity has been steadily expanding, but the red-flagging of processors who ship canola meal into the U.S. for salmonella contamination will prevent the domestic industry from achieving its 2009-10 marketing goals. The U.S. Food and Drug Administration’s (FDA) clampdown on Canadian canola meal entering the U.S. with salmonella
Canola crush targets hit skid on FDA restrictions
Flax output seen down on further GM issues
(Resource News International) — Canadian flaxseed production in the upcoming 2010-11 crop year will be significantly lower than during 2009-10 if Canada’s ability to export it remains impeded in Europe, Japan and now Brazil, according to industry sources. “The concern that buyer after buyer would become concerned with importing GMO-contaminated flaxseed from Canada is slowly
Canola sector working to resolve U.S. blockages
(Resource News International) — Efforts between Canada’s oilseed processors and the U.S. Food and Drug Administration (FDA) to resolve canola meal blockages remain ongoing, industry officials said. Some of Canada’s largest canola processors, including Bunge, ADM, Cargill and Viterra have seen their canola meal shipments blocked at the U.S. borderm where officials cite the presence
Argentine beef ban seen benefiting Canada
(Resource News International) –– The decision by the Argentine government to shut down its beef exports in an effort to increase domestic supply will definitely open the door of opportunity for other major beef exporting countries, including Canada, an official with the Canadian Beef Export Federation said. Argentina’s agricultural trade office, Oncca, stopped issuing export
Competition for canola crop seen heating up
(Resource News International) — Competition for Canada’s canola crop is expected to increase significantly between domestic processors and the country’s canola exporters in 2010, industry officials said. “As more and more domestic processors come on line, the battle between the export and domestic sector is going to heat up and create good pricing opportunities for
Prairie feed wheat bids consolidating
(Resource News International) –– Feed wheat cash bids in Western Canada have been consolidating at current levels, although the trend has been to the upside. “Much of the upward movement that has been seen in feed wheat is being linked to the change in the weather and to some extent a small pick up in
Canola bids steady to slightly firmer
Cash bids for canola in Western Canada have been slowly firming, although the need to fill contracts at specific locations have seen some upward fluctuations in prices. “There are certainly waves of demand that have begun to come from both the domestic and export sectors, which in turn has provided for some improved basis levels
Improved feed pea cash bids seen as short-lived
(Resource News International) — Feed pea prices in Western Canada have been slowly improving over the past few weeks, but the uptrend is not seen continuing for very long. “There has definitely been an improvement in the value of feed peas at the cash level, but most of that increase has been linked to the
Flax bids hold firm as demand improves
(Resource News International) — Cash bids for flaxseed in Western Canada have been holding steady and in some cases improving slightly, as the demand component has also remained consistent. The reluctance of producers to deliver flaxseed into the cash pipeline has helped to keep values firm, but there has also been a bit of an
Confusion reigns as ship to load Canadian canola
(Resource News International) — A ship that has been nominated to load Canadian canola at Vancouver has been the fuel for much speculation in ICE Futures Canada’s canola futures market over the past few days, especially with ideas that the destination of the 60,000-tonne capacity vessel may be China. China last month implemented a ban