CP Delays Mean Demurrage Bills At West Coast

Holland The Canadian Wheat Board (CWB), and ultimately farmers, face a big demurrage bill from parked ships on the West Coast waiting for grain because of poor Canadian Pacific Railway service. “We are working as hard as we can and meeting with the highest levels of CP to try to improve their service because if

CWB Confident Japan Sales Will Be OK

Japan will continue to be one of Canada’s best wheat and barley customers, although sales could be disrupted due to the devastation in the wake of that massive earthquake, says Ward Weisensel, the Canadian Wheat Board’s (CWB) chief operating officer. “There are reports out there about Japan not going to consume as much wheat and


CWB Predicts Small Rise In Wheat Output

Canada’s monopoly wheat exporter maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the Canadian Wheat Board, one of the world’s biggest grain marketers, offers modest relief for millers who have been hurt this

Japanese Quake Could Cut Imports

Japanese demand for U.S. corn may drop three to seven per cent and demand for soybeans could dip eight per cent after last week’s earthquake and tsunami damaged or destroyed ports, feed mills and meat-processing facilities, a top U.S. commodities analyst said March 14. Corn imports by the top U.S. corn buyer could drop by


Meal In A Can Contains Hulless Oats

Campbell’s Canada’s launch of a new canned meal product containing naked oats is pure vindication for the Interlake farmer who has invested years in promoting the variety as an important new crop. The Canadian food product company recently announced the launch of Nourish, a 425-g completely meal-in-a-can product which, in addition to two servings of

Economic Uncertainty Sends Speculators Packing

Canola futures on the ICE Futures Canada trading platform suffered a major price setback during the week ended March 11, with much of the downward price slide associated with the unloading of positions by speculative accounts. None of the liquidation orders were based on fundamentals; rather, individuals were unnerved by ongoing tensions in the Middle


South Australian Harvest Boosts Viterra Profit

Viterra Inc., Canada’s biggest grain handler and farm retailer, posted its biggest-ever first-quarter profit March 9, easily beating expectations, as the company reaped the benefits of a record harvest in South Australia and high crop prices. “This is a great time to be in the business of producing and marketing food ingredients as the world’s



Flooding Inevitable In Saskatchewan

Above-average spring flooding will hit the southern Saskatchewan crop belt, assuming average weather conditions, the government of Canada’s top growing province of wheat, canola and oats said March 10. Last spring and summer were the wettest on record in much of the Canadian Prairies. The flooding left behind saturated ground ahead of a winter that

Wanted: Young Farm Leaders

Canola checkoff dollars could soon be used to get younger farmers more involved in the Manitoba Canola Growers Association (MCGA). Most of the association’s $1-a-tonne checkoff goes to promote canola consumption crop and improve yields. But MCGA president Rob Pettinger said in an interview following the association’s March 1 annual meeting it might be time