Industry insiders say $2.2 billion will be pumped into wheat research in the coming decade and that will be a game changer
If research into the crop pays off, King Wheat is ready to elbow aside canola, say some industry experts. Seed and chemical companies are pumping up their research and will soon be turning out new seed varieties, treatments and fungicides, Todd Ormann, head of crop portfolio for cereals at Syngenta Canada, told attendees at theWheat could be the next canola
Long weekend meant shorter sales at Manitoba markets
The total volume of cattle that went through the rings at auction yards across Manitoba saw a drop-off during the week ended Feb. 22. Many farmers took Louis Riel Day off on Monday, so they didn’t have their cattle ready to go in time for some of the week’s sales. Not everyone took the day
Demand for Prairie flax to increase
Export demand for western Canadian flax is expected to increase this year, Jonathon Driedger, senior market analyst with FarmLink Marketing Solutions said in a presentation at the annual Wild Oats Grain World Conference in Winnipeg on Feb. 25. Driedger expects exports of western Canadian flax to increase to 436,000 tonnes in 2012-13, from 391,000 in
Grainworld: Wheat could be the new canola
Canadian wheat is on its way to becoming the new canola, industry officials said during a presentation here Tuesday at the annual Wild Oats Grainworld conference. Todd Ormann, head of the crop portfolio for cereals at Syngenta Canada, said several major agribusinesses are noticing how important wheat is and are investing more money in research
Grainworld: Oats risk becoming “special” crop
Oats are in danger of becoming a "special" crop in Canada because acres are expected to decrease to record lows, the president of Ag Commodity Research said here Tuesday in a presentation at the annual Wild Oats Grainworld Conference. Randy Strychar said he expects 2.66 million acres of oats to be seeded in Canada in
Grainworld: Demand for Prairie flax to increase in 2012-13
Export demand for western Canadian flax is expected to see an increase in the 2012-13 crop year, Jonathon Driedger, senior market analyst with FarmLink Marketing Solutions, told the annual Wild Oats Grainworld conference here Monday. Driedger expects exports of western Canadian flax to increase to 436,000 tonnes in 2012-13, from 391,000 in 2011-12. The increase
Grainworld: Canola outlook bearish despite tight supplies
Canadian canola supplies may be very tight for the 2012-13 crop year, but David Reimann, market analyst with Cargill’s grain marketing services department, gave a bearish outlook for the canola market in a presentation here Monday at the annual Wild Oats Grainworld conference. Going forward, tight canola stocks should have less of an impact on
Manitoba feeder cattle prices follow U.S. futures down
Feeder cattle prices at auction yards across Manitoba saw some major declines during the week ended Feb. 15, following the falling futures markets in the U.S. The cattle that were hit the hardest were those weighing over 700 pounds, with those in the 800- to 900-lb. class getting the worst of it, said Rick Wright,
Green pea prices hit record highs
Both old- and new-crop cash bids for green peas have now reached record highs due to extremely tight supplies. Francis Gaudet with Belle Pulses Ltd. in Saskatchewan said there are almost no old-crop green pea supplies left in Canada, leaving zero carry-over stocks. Gaudet said supplies are extremely tight because acreage has been on a
Lower prices may mean fewer Manitoba corn acres
Farmers in Manitoba may plant fewer acres of corn this spring than anticipated a few weeks ago due to weaker prices. Eldon Dueck, a grain merchant with Linear Grain at Carman, Man., said Manitoba farmers were receiving about $6.70 per bushel for their corn as of Tuesday. “The market has really dropped,” he said. “We
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