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Cereals

Cereals, Grain Markets, Oilseeds

Prediction Of Record Canola Acres Meets Resistance

Canola futures on the ICE Futures Canada trading platform experienced a bit of a roller-coaster ride during the week ended March 5, as values pushed down one day and then moved up the next. On the week, canola values pushed upward thanks to steady domestic crusher demand, the surfacing of some fresh export demand and
Cereals, Crops

Research And Development Seen As Key To Solving World Food Crisis

World agriculture needs a major research and development initiative to reverse declining crop production and avoid a global food crisis, says an international food policy expert. Agricultural output has slowed in the last 20 years – an alarming trend, given a growing world population and recent riots in various countries sparked by rising food prices,
Cereals, Crops, Oilseeds

Bunge Sees Record Canada Canola Area

Canadian farmers look to plant a record canola area of 19.5 million acres (7.9 million hectares) or more this spring, driven by expanding crush capacity and strong global demand, an official with Bunge Ltd. said on Feb. 28. The biggest wild card is high potential for serious spring flooding that could take much land out
Cereals, Crops

Elite Barley Producers Share Ideas

The “Elite Barley, Canadian Malting Barley Grower Recognition Program,” recently named the 10 farmers selected by industry as top producers for the year. The goal of the program is to promote grower best management practices for malting barley, and showcase the value that malt and malt barley bring to western Canadian agriculture and the Canadian
Cereals, Crops

Some CGC Fees Proposed To Increase More Than 400 Per Cent

Farmers and grain companies could suffer sticker shock when they see the new fees the Canadian Grain Commission (CGC) is proposing. For example, the CGC is proposing a fivefold increase for inward grain inspection. If endorsed, the CGC will charge $107.50 a car to grade wheat as it enters a terminal elevator instead of the
Cereals, News

Algoma Central Takes Over Upper Lakes

Algoma Central has secured the title of the largest Canadian shipowner on the Great Lakes with an agreement to acquire the vessels and marine assets of Upper Lakes Group (ULG). In a statement issued late Feb. 25, Greg Wight, president and CEO of Algoma, which is 110 years old, said the company hopes to conclude
Cereals, News

Conference Board Of Canada Issues Report On Grain Transport

Giving the grain-handling and transportation sector a more commercial orientation would improve its efficiency and speed up the movement of wheat from terminals to ports, says a report issued by the Conference Board of Canada. “The greater flexibility allowed by regulators has helped to address some of the industry concerns, with the result that performance
Cereals, News

FAO Warns On Oil As World Food Prices Hit Record

Global food prices hit a record high in February, the United Nations said March 3, warning that fresh oil price spikes and stockpiling by importers keen to head off popular unrest would hit already volatile cereal markets. Rising food prices are a growing global concern, partly fuelling the protests which toppled the rulers of Tunisia
Cereals, News

South Korea Looks To Expand Overseas Grain Farming

South Korea, the world’s fourth-largest grain importer, plans to expand overseas grain production to ensure supply and curb inflation as it faces record-high grain prices. The Finance Ministry said in a statement March 2 that it would form a task force team with the ministries of Agriculture and Foreign Affairs to prepare measures by the
Cereals, Crops, News

China Has A Stockpile

China is holding 100 million tonnes of wheat stocks, around the same amount as its annual output, a top economic planning official said March 6, reiterating Beijing’s resolve to keep grain prices in check. In a rare statement of the country’s grain stocks, Zhang Ping, head of the National Development &Reform Commission (NDRC), the country’s

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