Rising barley demand promising for feed grain prices

Barley prices have proved to be an accurate leading indicator of what is to come in the corn and feed grain market

Reuters / Keep your eye on barley prices. Morocco’s recent removal of import duties on feed barley sets the stage for a scramble by other importer nations to cover their own barley needs in the weeks ahead. As a result, U.S. barley stocks can be expected to decline, and any steep cut in barley supplies


Who is Glencore International?

Who is Glencore International? A lot of people are asking as the giant, Swiss-based, publicly traded multinational firm prepares to buy Viterra and become a dominant player in Canada’s grain industry. Glencore describes itself as the world’s largest commodity trader — mostly in metals and minerals, but also crops. It employs more than 2,800 people



Market access to China key to expanding Canadian canola exports

Tariff issues push blackleg concerns aside as Canada works to negotiate better access to China’s growing market

If you’re thinking of heading into the canola markets, it might be time to brush up on your Mandarin and Cantonese. China and its growing economic influence featured prominently during discussion on growing export markets at the Canola Council of Canada’s (CCC) convention in the American capital, largely because it is expected to feature prominently

IGC sees global maize deficit

Reuters / World maize production should climb in 2012-13 but is likely to remain below consumption as demand for meat boosts feed use, International Grains Council senior economist Amy Reynolds said March 14. Reynolds, in a presentation at the Agra Europe outlook conference, put the 2012-13 global maize crop at 880 million tonnes, up from


Social media: Lending credibility to marketing in the digital age

Just being good isn’t enough. Being special can elevate products like canola oil to new levels and increase sales

Low in saturated fat and high in healthy omega-3 fatty acids canola oil, offers clear health benefits to consumers. But marketers can’t expect the product to sell itself — they need to grease the wheels. Kit Yarrow, a consumer psychologist, author and consultant spoke at the Canola Council of Canada’s convention in Washington, D.C. about

New ICE wheat contract will struggle

The outlook for the new ICE Future Canada’s wheat futures market isn’t great, according to Neil Townsend, the Canadian Wheat Board’s North American market analyst. The long-running spring wheat futures market in Minneapolis didn’t get enough business before the Winnipeg market launched in January, he said. As a result, Minneapolis wasn’t “liquid” enough — a


Rising canola futures find point of resistance

Canola futures on the ICE Futures Canada trading platform moved higher during the week ended March 16. Concerns about the record pace of usage and the resulting depletion of old-crop canola stocks stimulated some of the upward price action. Chart-related speculative fund buying interest also contributed to the price advances. Much of that buying was

Latest Ag Canada forecast ups 2012-13 grain and oilseed production

Agriculture and Agri-Food Canada has slightly increased its production estimates for the major grains and oilseeds for the upcoming crop year, which starts in August. The latest estimates from its market analysis division pegs total production at 70.320 million tonnes, up slightly from its February forecast of 70.120 million tonnes and 2011-12 production of 65.856