Market steady, but uncertainty ahead

Commodity prices may have peaked in 2011, ProFarmer analyst Mike Jubinville told farmers attending the St. Jean Farm Days. “My gut feeling right now is that the heights have already come in,” Jubinville told producers. “It’s not that I’m feeling bearish about the marketplace going into 2012, personally I think that there is going to

South American weather shakes up corn, soybeans

Canola futures on the ICE Futures Canada trading platform managed to trend upward over the holiday period ended Jan. 6. Steady demand from the commercial sector provided some of the strength with weather issues in the oilseed-growing areas of South America contributing to the upward momentum. Fresh export business with China further underpinned canola values.


Experts say Canada falling behind in crop research and development

Getting the federal government to fully restore funding for agriculture research remains a top priority for Canadian farm groups, says Richard Phillips, executive director of the Grain Growers of Canada. With federal spending cuts looming, farm groups want the Harper government to consider plowing royalties from existing crop varieties developed by Agriculture Canada scientists into

Chicago Soybeans Put Pressure On Winnipeg Canola

column Canola futures on the ICE Futures Canada trading platform lost ground during the week ended Nov. 11. Much of the price weakness was associated with the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex and with the unsettled ongoing macroeconomic picture. Keeping a firm floor under canola was steady


Maize Shortage Looms In South Africa After Country Bumps Up Exports

JOHANNESBURG / REUTERS South Africa will run out of maize as early as next month after the country committed most of its harvest for exports. They (other countries) have also bought an unknown quantity that is in our silos and is still to be exported. This unknown quantity is now causing panic among local buyers,




CWB Issues Interim Payments

STAFF / Prairie wheat and barley growers who delivered to the Canadian Wheat Board in the 2010-11 crop year will receive interim payments starting Nov. 8. The biggest of the per-tonne interim payments will go to No. 2 Canada Western Red Spring, 15.5 per cent protein, at $55.20; the lowest, $2.80, will go to No.


Apples And Oranges Add Up To Bananas

We ve observed over time that it s become increasingly difficult for civil servants to maintain that blurry distinction between policy and politics. But there can be no question that Agriculture and Agri-Food Canada has crossed the line with its marketing freedom website. It was undoubtedly pushed, but the result is the same. There can

Ending CWB Monopoly Brings Big Changes

Next August 1 ushers in what is arguably the most radical policy shift in Western Canada s grain industry since the Canadian Wheat Board monopoly was created nearly 69 years ago. Western wheat, durum and barley farmers will have marketing freedom. What then? Farmers and the industry are divided over whether it will usher in