CWB total export outlook unchanged

The Canadian Wheat Board said Jan. 7 it expects to export 12.7 million tonnes of wheat when the crop year ends July 31, up 12 per cent from the 2007-08 crop year, due to a large harvest. The CWB also expects to export 3.35 million tonnes of durum compared with 3.1 million tonnes last year.

Sunflowers average in 2008

Manitoba farmers harvested a generally average sunflower crop in 2008, despite ongoing disease and insect problems. Producers reaped an average 1,480 pounds per acre of confectionery and oil-type sunflowers from 182,000 planted acres, according to provincial crop insurance figures. That compared favourably with the long-term four-year average yield of 1,460 pounds per acre from an


China to boost corn buying by 20 million tonnes

China’s government has boosted its plan to support farmers by buying an extra 20 million tonnes of corn, tripling its commitment, the State Administration of Grain said Dec. 24. The increase will help “stabilize grain prices and protect farmers’ incomes,” it said on its website www.chinagrain.gov.cn. The purchases, the third round of buying after this

Climate warming means food shortages: study

The warming climate is likely to put stress on crops and livestock alike and could cause serious food shortages for half the world’s population, U. S. researchers predicted Jan. 8. The worst effects will be in the regions where the poorest people already live – the tropics and subtropics, the researchers wrote in the journal


Spring fertilizer crunch coming?

Reduced demand for fertilizer this fall has sparked concerns about shortages in 2009. “Farmers are trying to wait as long as they can to see if prices will keep coming down and yet on the other side of the coin, there is the concern about whether or not the supply will be there in the

Fertilizer prices plummet

Lots of people make predictions. Journalists write them down so there’s no escaping when you’re wrong. Combing through my predictions of the past year, I got a few things right. On other issues, I was out to lunch. One of the biggest misses came on the Canadian Wheat Board. The CWB’s single-desk sales authority is


Supply response to high prices is a lasting one

The steep ramp-up of grain and oilseed prices over a couple of years only to drop by one-half in a matter of three or four months has been extremely confusing to lots of folks. The fact that the 50 per cent drop took place so quickly was a surprise – it usually takes a couple

Are grain prices recession-proof?

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at ww.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 2 higher with a firm tone in the U. S. markets contributing to the gains. Canola rose back over


U. S. grain trade unfazed by China export talk

The United States, the world’s top grain exporter, will feel little impact should China end its one-year hiatus on corn and wheat exports, said traders Dec. 31. China is expected to authorize exports of 500,000 tonnes of corn and 500,000 tonnes of wheat in 2009, which would barely put it among the top 10 exporters

Saudi Arabia to increase wheat stocks

Saudi Arabia expects to import up to 800,000 tonnes of milling wheat in the year to September 2009 as it seeks to build up stocks while scaling back domestic wheat farming, a grains authority official told Reuters. Saudi Arabia’s state-controlled Grain Silos and Flour Mills Organization (GSFMO) plans to issue a tender in April or