Canola Futures Recovering On Fresh Chinese Demand

Dwayne Klassen CNSA Canola futures on the ICE Futures Canada trading platform managed a rally during the week ended Oct. 14, recovering some of the losses experienced in the previous reporting periods. Confirmation of fresh Chinese demand for Canadian canola helped to generate some of the price strength, as did the reluctance of Prairie producers



Shrinking Oat Stocks May Add To Rising Food Costs

North American oat stocks look to fall to a near-record low next year, tightening milling supplies used in breakfast cereals such as Cheerios even as food companies struggle to contain input costs. Relatively high prices of commodities including corn, sugar and cocoa have for the past year left food companies facing the dilemma of whether

CDC Falcon Will Remain In CWRW Class A Little Longer

CDC Falcon, Manitoba s most popular winter wheat will remain in the Canada Western Red Winter (CWRW) wheat class until at least Aug. 1, 2014. The announcement from the Canadian Grain Commission was no surprise. When we first announced that certain CWRW varieties were moving to the CWGP (Canada Western General Purpose) class in 2013,


Russia Steps Up New Crop Wheat Exports

moscow/reuters Russia s powerful grain lobby, the Russian Grain Union, raised its forecast for the country s exports on a better- than-expected crop, but warned that prices may fall towards the end of the year due to competition from other Black Sea states. The lobby now estimates Russia s grain exports in the current 2011-12

2011 Harvest Nearing The Finish Line

Southwest Region Rainfall was general with amounts ranging from 10 to 20 mm. The precipitation was welcome in most areas. Harvest is almost complete. Spring cereal and oilseed acres were down due to wet conditions in the spring. Yields and quality for wheat, barley, oats, winter wheat, fall rye, canola, and flax were average. Sunflower


Ukraine Cancels Export Duties For Wheat And Maize

KIEV /REUTERS Ukraine s parliament has cancelled export duties for wheat and maize, but kept in place the levy on exports of barley. The former Soviet republic imposed the duties in July and traders have said the measure slashed Ukrainian exports as Ukrainian-origin grain could not compete with cheaper Russian grains. Ukraine expects to harvest

Canola Forecast Drops, Wheat Up: StatsCan

StatsCan has reduced its canola estimate to 12.9 million tonnes, still a record high but down from the 13.2 million tonnes in its midsummer survey and well below industry predictions of 13.8 million tonnes. The revised downward forecast helped ICE Canada canola futures pare earlier losses. Canola production still has upside heading into the final


Egypt To Use More Corn

reuters Egypt, the world s largest wheat importer, intends to double the amount of corn in subsidized bread because wheat is more expensive, Social Solidarity Minister Gouda Abdel Khaleq said Sept. 29. We can produce corn at a lower cost so it ultimately means less cost in the production of bread, Abdel Khaleq said at

Cwb Impasse Stymies Buyers

Canadian millers could be forced to import wheat from the U.S. if they can t forward contract with the Canadian Wheat Board or private trade during the transition to an open market, industry officials say. Millers and other food processors routinely forward contract wheat up to a year in advance but the pending end of