CWB Predicts Small Rise In Wheat Output

Canada’s monopoly wheat exporter maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the Canadian Wheat Board, one of the world’s biggest grain marketers, offers modest relief for millers who have been hurt this

In Brief… – for Mar. 3, 2011

New president:William Hill has been appointed president of the Flax Council of Canada, replacing Barry Hall, who is retiring. Hill has 30 years experience in the Canadian grain and agricultural futures industry, including 13 years at the senior management level. Most recently he was president and COO of ICE Futures Canada (previously Winnipeg Commodity Exchange).


Canadian Canola Stocks Seen Tightening

Canola contracts traded on the ICE Futures Canada platform hit fresh contract highs yet again during the week ended Jan. 21, as the underlying technicals and fundamentals continue to point higher. It’s the same old story in canola as it’s been for the past couple of months. End-user demand is strong, supplies are tightening and

Food Prices Seen Lower Than In 2007-08 – for Sep. 16, 2010

Rising prices for a wide range of agricultural commodities are stirring fears of global food-driven inflation, but there should be no repeat of the crisis seen in 2007-08 unless governments start to panic. Analysts cite much higher global stocks of staples such as wheat and a more challenging economic environment as factors which should temper



What A System – for Aug. 12, 2010

It’s always fun watching the futures market when things are hot and the price is rising. Fun while it lasts, that is. That caution applies to the run-up in the wheat market for the last few weeks. These prices look wonderful, especially if you have wheat to sell. But as farmers well know, prices tend


News From Eastern Europe Sparks Wheat-Buying Frenzy – for Aug. 12, 2010

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada canola futures continued to break into new bullish territory during the week ended Aug. 6, with the most actively traded November contract gaining $10 to close at a fresh contract high of $469 per tonne. Winnipeg canola

What A System – for Aug. 12, 2010

It’s always fun watching the futures market when things are hot and the price is rising. Fun while it lasts, that is. That caution applies to the run-up in the wheat market for the last few weeks. These prices look wonderful, especially if you have wheat to sell. But as farmers well know, prices tend



Wheat Stocks At Nine-Year High

The International Grains Council has trimmed its forecast for the 2010 global wheat crop by one million tonnes but still saw stocks climbing to a nine-year high in 2010-11 despite record consumption. The IGC put the global wheat crop in 2010 at 658 million tonnes with consumption in 2010-11 seen rising by two per cent