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Cereals, Grain Markets, Oilseeds

Corn prices drop 50 per cent, ethanol production still high

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada win Winnipeg closed the week ended October 31 mixed, with canola down. Canola declined despite the firm tone in the U. S. soy complex. The lack of fresh demand and a
News, Oilseeds

Ritz returns, Transport gets a new look

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“Farming is the backbone of the Canadian economy and in times of global economic uncertainty this government is committed to continue putting farmers first.” Gerry Ritz is staying on as agriculture minister in Prime Minister Stephen Harper’s new cabinet. But there’s plenty of change in other key portfolios. As was generally expected, Jim Flaherty remains
Oilseeds, Other

Steps to mitigate sunflower rust next year

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“Sunflower rust does not require an alternate host like cereal rust does.” – KHALID RASHID Sunflower rust cut yields and bushel weight significantly in some Manitoba fields this year. Seventy-four per cent of the sunflower fields surveyed in Manitoba this year had rust ranging from a trace to 40 per cent of the leaf area
News, Oilseeds

USDA data snafu lends support, raises questions

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“Having a wet planting season does create some difficulties in forecasting a lot of this information.” – Shawn McCambridge, Prudential Bache Commodities The U. S. government’s unprecedented correction of crop data on Oct. 28 gave some relief to grain markets battered by financial turmoil, but it may also have bruised the credibility of the U.
News, Oilseeds

Value-priced insect control

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Makhteshim Agan of North America, Inc. (MANA), has announced the registration of Silencer insecticide for control of a wide spectrum of insects in cereal, oilseed, pulse, fruit and vegetable crops. Silencer contains the same active ingredient as Matador insecticide, and delivers the same insect control, but at value pricing, the company says. “Silencer is an
Cereals, Crops, News, Oilseeds

Lower grain prices seen dragging down fertilizers

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Prices of fertilizer, which soared to record highs late this summer, are poised to come down to earth in coming months as sharply lower grain prices sour demand from farmers. Meanwhile, tight credit markets and growing fears that a global recession may further dampen demand for commodities could add pressure. “Purchasing and applications will be
Cereals, Crops, News, Oilseeds

Winter wheat acres down

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“The biggest single factor was with harvesting so delayed, guys were just focused on harvesting the crop and didn’t have stubble conditions ready by the crop insurance deadline date.” – Mike Grenier While final figures remained unconfirmed, it appears winter wheat acres will be significantly lower across the province in 2009. Manitoba Agriculture Food and
News, Oilseeds

India considers oil import tax

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India is considering to tax vegetable oil imports to protect the domestic industry from a slump in prices and lift a ban on exports, the farm minister said Oct. 19. Sharad Pawar also said the government would consider scrapping an export tax of 8,000 rupees (US$162.30) per tonne on basmati rice. “Global edible oil prices
News, Oilseeds

Spread sulphur now, save money on 2009 crop

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Applying elemental sulphur now can boost next year’s canola crop and save money, the Canola Council of Canada says. “If growers are interested in applying elemental sulphur for next year’s canola crop, look at broadcasting it this fall,” senior agronomy specialist John Mayko said in a release. Growers choose elemental sulphur fert i lizer because
Cereals, Grain Markets, Oilseeds

Fertilizer prices falling, spring may be even cheaper

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Oct. 24 steady in barley and higher in canola in a volatile week as spreading global economic turmoil weighed on

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