EU Barley Quantity And Quality Down From Last Year

Barley harvests in Western Europe are winding down with an overall slight fall in the size of the crop and quality also expected to decline, particularly in Germany, crop analysts said Sept. 8. Winter barley in Germany suffered major damage from the triple blow of a very cold winter, springtime drought and summer rain, according

“Monstrous” Canola Yield Reports Pressure Futures

Canola futures on the ICE Futures Canada trading platform experienced a minor push to the downside during the week ended Sept. 9. Declines were influenced by the favourable weather for harvest operations, particularly in Saskatchewan and Manitoba, and indications that some monstrous canola yields were being achieved. The larger-than-expected supply of canola in commercial and


Oilseed Demand Outweighs Harvest Pressure

ICE Futures Canada canola contacts moved higher during the week ended Sept. 1, as production concerns, advances in outside markets, solid end-user demand, and fund buying all provided support. However, the futures did run into some solid resistance to the upside, and profit-taking at the highs served to limit the advances. Harvest operations are moving

Canola Trade Bullish Despite Big Forecast

Canola futures on the ICE Futures Canada trading platform posted some modest advances during the week ended Aug. 26 despite the fact that a crop production survey from Statistics Canada estimated output of the crop at a record-size level. The government agency’s survey for the period ended July 31 said canola production in Canada during


CWB Raises 2011-12 PROs

The Canadian Wheat Board has increased its projected returns for wheat, durum and barley in its latest Pool Return Outlook (PRO) for the 2011-12 crop year. Wheat values have increased since last month’s PRO by between $12 and $18 per tonne, depending on class, grade and protein level. Durum values have gone up between $6




Bearish Sentiments, Weather Drag On Canola

Canola futures on the ICE Futures Canada trading platform suffered a minor setback during the week ended Aug. 5 with the downtrend in the Chicago Board of Trade (CBOT) soybean complex and the liquidation of positions by speculators and commodity funds who were spooked by the uncertain global economic situation, behind the bearish price sentiment.


Viterra Outlines Structure Along Three Business Lines

TORONTO/REUTERS Viterra Inc. outlined Aug. 8 a global organizational structure around three business lines – grain, processing and other agricultural products – and named senior executives to head each unit. The Canadian agribusiness company, which has expanded recently in Australia and New Zealand, said the moves would support growth and improve internal efficiencies. Fran Malecha,