Crop Report – for Jul. 28, 2011

SOUTHWEST REGION Rainfall over the past week varied from 10 to 50 mm. Good growing conditions helped crops advance and several crops have improved over the past week. Cereal crops in the Southwest Region are in the heading stage and late-seeded crops have tillered and are going into the flag-leaf stage. Late-seeded greenfeed is in

Weather Concerns Drive Markets

Canola futures on the ICE Canada trading platform continued their upward trek during the week ended July 15 with weather concerns and a pickup in demand assisting the price gains. Some of the weather concerns were linked to the Canadian Prairies and differing opinions on the condition of the canola crop in each of the


Emerging Fast-Food Nation Indonesia Props Up Wheat Market

Indonesia will be crowned top Asian wheat importer this year, as higher incomes turn Southeast Asia’s largest economy into a fast-food nation and help to keep global prices on the boil. As affluent Indonesians turn away from rice, their country is vying with Japan to be Asia’s leading wheat buyer, while the latter battles economic

Special Crops Get Marketing Boost

The Canadian Special Crops Association has received $196,000 from the federal government to help promote Canadian pulses and special crops on trade missions and at international trade shows. Agriculture Minister Gerry Ritz made the announcement while attending the CSCA’s annual meeting in Vancouver July 13. “The funding is instrumental in our efforts to expand and


Crop Report – for Jul. 21, 2011

SOUTHWEST REGION In the Southwest Region rainfall was spotty over the past week with reported amounts of five to 40 mm. Warm, dry conditions have helped to dry up fields and several producers were able to spray unseeded acres. Early-seeded cereal crops are in the flag-leaf to early-heading stage and several producers are applying fungicides

Global Food Inflation To Return After Brief Respite

Red-hot food inflation that has vexed policy-makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already


Shhh… Don’t Tell The Canola Council

We want to believe those promises of good things to come Western Canada’s way once the Canadian Wheat Board is outa’ the way. We really do. According to Minister of Agriculture Gerry Ritz, the CWB monopoly is weakening our clout in world wheat and barley trade. “What was once Canada’s signature crop has fallen behind,”



Ethanol Producer Adding Cheap Wheat To Corn

The Andersons Inc., a major U.S. ethanol producer, has started mixing wheat into its corn-based biofuel in a move to lower costs and diversify its sourcing amid increasingly tight corn supplies. Andersons, which operates three U.S. ethanol plants with total capacity of 300 million gallons, has started using soft red winter wheat along with corn.

Tight Year-End Stocks Forecast

Canada’s Agriculture Department slashed its production forecast for wheat, but raised its canola outlook July 5, while warning that overall crop stocks will drop to a record low this summer. Agriculture Canada cut its harvest estimate for all wheat to 24 million tonnes from June’s forecast of 25.5 million tonnes. Canola production rises to a