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Oilseeds

Cereals, Crops, Oilseeds

Oilseed Prices Will Improve

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Oilseed futures, including canola and soybeans, will likely see short-term weakness, but will be stronger in the longer term, said technical analyst David Drozd of Ag-Chieve Corporation in a presentation at Canadian Wheat Board’s annual Grain World conference in Winnipeg, Feb. 22. Pointing to a number of equity, currency, and commodity charts, Drozd said his
Cereals, Grain Markets, Oilseeds

Canola Trade Lacking Direction

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Canola contracts on the ICE Futures Canada platform held within a rather tight range during the week ended Feb. 26, initially moving higher before eventually finishing the week with small losses in the nearby contracts – although the advances did hold up in the new-crop months. The canola trade could be best described as “range
Cereals, News, Oilseeds

Drop Seen In Canadian Flax Output

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Canadian flaxseed production in the upcoming 2010-11 crop year is expected to be down significantly from the level achieved in 2009-10, based on data presented at the Canadian Wheat Board’s Grain World conference by Informa Economics Inc. Chuck Penner, senior consultant with Informa Economics Inc. estimated 2010-11 Canadian flaxseed output at 742,000 tonnes, which would
Cereals, Livestock, Oilseeds

What’s Up – for Mar. 4, 2010

Please forward your agricultural events to [email protected] call 204-944-5762 March 4– Manitoba Pork Marketing Co-op annual district meeting, South Central district, 1:30 p. m., Big M Centre, Stampede Grounds, Morris. For more info call 1-800-899-7675. March 4 – Manitoba Flax Growers Association annual meeting, 10:30 a. m. to 3:30 p. m., Holland Community Centre. Presentations
Crops, Oilseeds

Tundra Truck Prize Bound For Manitoba

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Jonathan Wollman of the Clearwater Colony at Balmoral is the winner of a 2010 Toyota Tundra pickup truck in a Cargill contest for hybrid canola growers. Wollman was announced Monday as the grand-prize winner in the company’s Victory Hybrid Canola “Big Profit Pickup” draw. The company also distributed five first prizes in each of the
Cereals, News, Oilseeds

More Corn And Beans In USDA Outlook

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U. S. farmers can expect a record corn crop, another huge soybean harvest and strong demand for their exports, which should combine to boost incomes for the farm sector this year, the U. S. Agriculture Department said in its latest forecast Feb. 18. At its annual outlook conference, USDA raised its forecast for farm exports
News, Oilseeds

Harvest Problems With Argentine Soy

Heavy rain last week in Argentina improved the condition of some 2009-10 soybeans, but flooded fields mean other crops will be lost, the Agriculture Ministry said in a crop report Feb. 19. Argentina is the world’s No. 3 soy exporter and the top global supplier of its oil and meal. The Buenos Aires Grains Exchange
Livestock, Oilseeds

Expect More U. S.-China Farm Trade Tension

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Chinese farm exports are set to become a greater source of trade tension as China boosts its production and becomes a bigger player in world markets for labor-intensive crops, a U. S. agricultural economist said Feb. 19. Importers around the globe have already launched more than 30 farm trade cases against China in recent years,
Cereals, News, Oilseeds

What’s Up – for Feb. 25, 2010

Please forward your agricultural events to [email protected] call 204-944-5762 Feb. 25-27 – Prairie Conservation and Endangered Species Conference, Winnipeg Convention Centre, 375 York Ave. For more info visit www.pcesc.caor call Shannon toll free at 866-532-6155. Feb. 26 – Farm Focus: Celebrating Farm Families and Rural Living, 9:30 a. m. to 4 p. m., Boissevain School,
News, Oilseeds

Harvest Of Large Brazil Soy Crop Slowed By Rain

Brazilian soy farmers have gathered about 18 per cent of the 2009-10 crop, analysts Celeres said on Monday, Feb. 22, more than usual due to an early harvest, but less than hoped for because of delays caused by heavy rains. “The harvest is advancing, but at a slower pace than hoped due to the greater

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