Price Outlook Good — But Jumpy

It doesn’t seem to matter whether analysts are studying the market fundamentals, technical charts or the stars these days, they all agree on one thing. Prices are strong and there is plenty of potential for them to get stronger. But there was a caveat attached to the bullish outlook analysts dangled tantalizingly in front of

Battle For Acres

It wasn’t many years ago when the grain market could be categorized as the good, the bad and the ugly with most commodities in the last two categories. Based on the market outlook presentations at the recent Crop Production Week in Saskatoon, the appropriate categories for 2011 are not so good, good and really good.


Grain Rally Less Speculative Than In 2008: Ritz

The recent rally in grain and oilseed prices is based more on concerns about crop levels than on speculation by investors, Canada’s agriculture minister said Jan. 17. Prices of crops such as wheat, corn, soybeans and canola are at their highest levels in more than 2-1/2 years amid flooding in Australia and dryness in Argentina.

Australian Operations Boost Viterra’s Year-End

Expanding Down Under has boosted the bottom line for grain handler Viterra in fiscal 2010. Canada’s largest grain handler, which bought Australia’s ABB Grain in September 2009, on Jan. 19 booked its first full fiscal year including the Adelaide-based grain firm’s revenues and expenses. Viterra reported profit of $145.27 million on $8.256 billion in revenues


Robust Barley So Robust With Climate Change

Climate change is already affecting barley yields in southern Minnesota, and climate change may move the crop’s range farther north, says a University of Minnesota Extension small-grains specialist. Jochum Wiersma says a group of researchers from the university analyzed three decades of the variety Robust’s yield trial and weather data from the university’s Research and

Revenue Cap Accounting Questioned

CN and CP won’t face penalties for exceeding their revenue caps in the crop year that ended July 31, even though farmers paid about $6 per tonne above those caps to ship their grain. The railways collectively were $5.4 million or 17 cents a tonne under the Canadian Transportation Agency’s (CTA) revenue cap of almost


CGC Seeks A Doubling Of Fees

The Canadian Grain Commission wants to more than double its service fees in anticipation that Ottawa will soon cut back support for the agency. Under the proposal, fees, which have been frozen since 1991, could average $1.80 a tonne, up from about 70 cents, said CGC spokesman Remi Gosselin. “We are getting 50 per cent

Lower-Quality Crop Prompts Creation Of New Standard Samples

Apoorer-quality western Canadian crop in 2010 has prompted new standard samples, standard prints and guide samples for wheat, peas, pea beans and lentils. They’re used to assist grain inspections grade grain, Randy Dennis, Canada’s chief grain inspector with the Canadian Grain Commission (CGC), said in a recent interview. “If there’s an opportunity to add a


CGC Continues Researching Machines To Help Grain Grading

Someday distinctly green kernels in canola and sprout damage in wheat may no longer be grading factors. The hope is instruments in elevators will be able to precisely measure the chlorophyll content in canola and the falling number in wheat. Those are the real degrading factors end-users are trying to uncover by counting distinctly green

A New Year, New Recipes

Most of us start January with resolve to take better care of our health, eating well, exercising regularly, and finding a bit more of that “balance” we seek in our lives. It can be tricky to stay fit during a long Manitoba winter, unless we’re skiers and skaters, or walk a great deal. Fortunately, many