(Resource News International) — The surfacing of much-needed export business and ideas this demand will remain constant through the remainder of the 2008-09 crop year will be key to determining how much Canadian canola will be left over heading into the 2009-10 season, according to market participants. “Canola supplies in Canada at the end of
China eats into Canada’s record canola supply
AAFC predicts less wheat, more canola seeded
(Resource News International) — Agriculture and Agri-Food Canada expects the area seeded to spring and durum wheats this spring will be down significantly from levels seen a year ago. Record canola acreage was also forecast in the latest acreage outlook released this week by AAFC’s market analysis division. In its first look at what Canadian
Delayed Prairie canola deliveries may flood system
(Resource News International) — Farmers in Western Canada are holding onto record amounts of canola and while selling has been steady so far, Canada’s elevator system could be overwhelmed if producers are spooked into delivering, industry observers warn. “There is more canola in the hands of producers in Western Canada than there has ever been
Better hog prices seen in 2009
“Depending on where U. S. domestic pork supplies end up, hog prices should increase in the first half of 2009.” – Brad Marceniuk, Saskatchewan Agriculture Canada’s hog producers should see better prices in 2009 than in 2008, according to projections made by livestock specialists. A favourable price outlook for U. S. hog values and a
Eastern Prairies’ snow good for winter wheat
(Resource News International) — Snow cover in the eastern regions of the Prairies has been adequate enough to prevent damage to those regions’ winter wheat crop, but regions in western areas are considered vulnerable. “Considering that most of the winter wheat crop in Western Canada is grown in the provinces of Manitoba and the more
Analysts see better hog prices in 2009
(Resource News International) — Canada’s hog producers should see better prices in 2009 than in 2008, according to projections made by livestock specialists. A favourable price outlook for U.S. hog values and a beneficial exchange rate were seen as influences supporting the Canadian hog sector. “Based on current lean hog futures prices and Canadian exchange
Prairie producers may face late start in 2009
(Resource News International) — Producers in Western Canada should be prepared for a late start to spring seeding due to a combination of excess precipitation and cold temperatures, according to short- and medium-term projections from an industry analyst. “The outlook for the spring is looking very similar to last year’s where moisture and cold temperatures
Farmers look for cheaper fertilizer
Fed up with the high cost of fertilizer and the refusal of Canadian companies to provide any kind of financial break, producers and producer groups have taken it upon themselves to seek out cheaper alternatives, including importing products from the U. S. and overseas, industry sources say. “There have already been a number of producer
Lousy weather slows grain traffic, slightly
(Resource News International) — Extremely cold temperatures, high winds and huge snow accumulations across Canada have caused only a minor slowdown in the movement of rail cars filled with grain and oilseeds to export positions, industry sources said. Temperatures across Alberta, Saskatchewan and Manitoba have been in the -25° to -32°C range, with wind chills
Canola oil content improving
The oil content in Canada’s 2008-09 canola crop has improved over the level seen during 2007-08 and is also above the 10-year average, according to industry sources. Samples of No. 1 Canada canola tested to data have an improved oil content than in previous years, according to Veronique Barthet, program , manager, for the Oilseeds
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