U. S. Crops Still Look Big

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Nov. 6 mixed. Canola was pressured down by weakness in the U. S. soybean market and firmness in the Canadian dollar. The advancing harvest in

Grain Volatility To Stay High In 2010

Prices of agricultural commodities will remain volatile in 2010 due to supply constraints, volatile shipping costs and a constant demand pull from new demand sources like biofuels, North American Export Grain Association president and CEO Gary Martin said Nov. 3. “In the last three years, volatility in this industry has increased and it’s likely to


You’ll Need A GM Test First Starting Dec. 1

Starting Dec. 1, western Canadian flax will have to be tested for the presence of genetically modified (GM) flax before elevators will accept delivery. It’s part of the protocol reached recently between Canada and the European Union (EU) to ensure the EU gets GM-free flax from Canada, says Flax Council of Canada president Barry Hall.

AAFC Predicts Stocks Offsetting Lower Production Staff

Canadian wheat was delayed by below-normal temperatures in the spring and the first half of the summer, but unusually warm and mostly dry conditions in September in Western Canada resulted in normal to better-than-normal quality. Market analysts at Agriculture and Agri-Food Canada foresee lower production of wheat, durum and barley in 2009-10, offset by availability


Gmo Approval May Not Help U. S. Soy Shipments To EU

U. S. shipments of soybeans and soymeal to the European Union are unlikely to return to normal anytime soon, despite the EU expanding which varieties of biotech grain may enter the bloc, industry experts said Nov. 2. This summer, over 200,000 tonnes of soybean and soymeal were refused entry to EU ports, largely in Spain,

Ethiopia Targets Land For Commercial Farms

Ethiopia plans to offer three million hectares of land over the next two years for investors to develop large-scale commercial farms, a government official said Nov. 5. Countries in Asia and the Gulf – such as China, India and Saudi Arabia – have rushed to buy farmland abroad to grow crops for their own people


In Brief… – for Nov. 5, 2009

Trade SWAT team needed: The federal government should form a “SWAT team” to aggressively nip protectionist trade actions against Canadian farmers in the bud, the president of Keystone Agricultural Producers says in a recent release. Ian Wishart said the government needs to be more aggressive fighting market disruptions caused by technical trade barriers affecting canola,

Keystone Processing gets government fund injection

“This is about the future of the cattle industry here at home.” – kelly penner, keystone processing lans for a new beef-processing plant in Manitoba got a $17.5-million boost this week. The provincial government is investing up to $7.5 million in Keystone Processors Ltd., which will trigger as much as $10 million in loans from


Beef Exporters Challenge U. S./ EU Deal

Australia and other beef exporters are concerned a deal settling a dispute over an EU ban on imports of hormone-treated beef has been slanted to favour U. S. suppliers. Raising the question unexpectedly at a meeting of the World Trade Organization’s dispute settlement body Oct. 23, Australia said it welcomed assurances from Brussels that a

EU, Canada Agree To Flax-Shipping Protocol

“We found less than 10 positive results in the value chain (handling system) so far.” – REMI GOSSELIN The European Union (EU) has accepted Canada’s protocol designed to keep GM flax out of Canadian flax exports to the EU. It’s another step towards resuming Canadian flax exports to the European Union (EU), on hold since