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Crops, News, Oilseeds

2011 canola crop high in quality and oil

  Last year’s canola crop was high quality with a larger-than-normal oil content, according to a recently released report from the Canadian Grain Commission. Of the 1,749 samples analyzed, 85.0 per cent graded No. 1, which compares with 75.3 per cent in 2010. The highest-quality crops were in Manitoba and Saskatchewan. Oil content was pegged
News, Oilseeds

Syria needs to import more grain milan / reuters / Syria, hit by a civil unrest, needs to raise cereals import by about a third in the current marketing year after its local grain output 10 per cent dropped in 2011, the United Nations’ Food and Agriculture Organization (FAO) said March 14. “Continued civil unrest
Dairy cattle, News, Oilseeds

Farmers have a positive outlook, for good reason

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A recent survey by Farm Credit Canada found 80 per cent of farmers feel positive about the future and Agriculture Canada’s latest income forecasts will add to the rosy outlook. Net farm cash income for 2011 was $11.7 billion, Agriculture Canada said in a report. Factoring in depreciation cuts that number in half, but it
Crops, News, Oilseeds

Chinese sign record-large U.S. soy purchase agreement

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A Chinese trade delegation signed deals Feb. 17 to buy a record amount of U.S. soybeans during a visit to the United States at a time when a harsh drought has slashed crops in rival soy exporters in South America. The delegation inked agreements for 13.4 million tonnes valued at $6.7 billion, the U.S. Soybean
Cereals, Crops, News, Oilseeds

Briefs March 1, 2012

Kazakhstan expects sharp decline in 2012 grain crop astana/reuters / Kazakhstan expects its grain harvest to revert to an average level of between 13 million and 15 million tonnes this year, a sharp decline from the record post-Soviet crop of 2011, Deputy Agriculture Minister Muslim Umiryayev said Feb. 21. Central Asia’s largest wheat exporter harvested
Country Crossroads, News, Oilseeds, Recipe Swap

Recipe Swap, March 1, 2012

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“Myth information” When it comes to food, we all have our likes, dislikes, preferences and prejudices. Many of us also live (and eat) by our “food myths.” These can be simple “dietary must-dos” like, “you must take minerals and supplements to stay healthy” or, “you must avoid carbs if you want to lose weight.” Some
Cereals, Crops, News, Oilseeds

Crops briefs March 1, 2012

Canola top revenue earner Farm gate receipts for canola deliveries in 2011 reached $7.3 billion in Canada, up 30.6 per cent from 2010, according to Statistics Canada’s report from February 23. “Canola provided Canadian growers a strong revenue outlook for 2011, which is why we saw over 18 million canola acres last year,” says Pat
Crops, Grain Markets, News, Oilseeds

Speculators raise wheat short to record high

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Large speculators raised their net short position in Chicago Board of Trade wheat futures and options to a record high amid ample stocks at a time of increased interest in the export market, regulatory data showed Feb. 24. The non-commercial traders, a category that includes hedge funds, cut back on their bullish bets on corn

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