Hyundai Heavy Buys Russian Farm

South Korea’s Hyundai Heavy Industries has acquired a farm in the Russian Far East, a purchase that could test the water for further Asian investment in Russia’s burgeoning agriculture sector. Hyundai Heavy, also the world’s largest shipbuilder, has agreed to pay $6.5 million for a 67.6 per cent stake in Khorol Zerno LLC, which operates

Weather Changing Market Outlooks

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 June 5 higher, with the market supported by gains in the U. S. markets. Canola rallied as cold conditions in Western Canada, slow farmer selling


Crop Report – for Jun. 11, 2009

SOUTHWEST REGION Dry weather conditions over the past week allowed most producers to complete seeding. Early-seeded cereal crops are in the three-to four-leaf stage. Canola and flax are emerging with some of the early-seeded canola in the one-to two-leaf stage. Winter wheat and fall rye are progressing with some fall rye starting to head. Some

Ancient Grains Return

“There’s been quite a bit of interest in ancient grains recently due to allergies to wheat and celiac disease. There’s so many people who have allergies or sensitivities to gluten.” – ANNETTE ALLEN, MAFRI When old-timers talk about old wheat varieties, they might mention Red Fife or Thatcher. But wheat breeding goes way back to


Is The Wheat Rally Real?

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l seed prices at ICE Futures Canada in Winnipeg closed the week ended May 29 lower. Canola was pressured down by the big surge in the Canadian dollar. Newcrop canola did not see as big a

Crop Report – for Jun. 4, 2009

SOUTHWEST REGION Little to no rainfall allowed seeding to progress over the past week. Cereal seeding is 90 per cent complete, canola is 75 per cent complete, sunflowers are 80 per cent complete and flax is 70 per cent complete. Early-seeded cereal crops are in the one-to two-leaf stage and canola crops range from emergence


Late Potato Seeding Doesn’t Dampen Optimism

Last year we had a cool period after they were put in the ground and we ended up with a very nice-quality crop as well as good yields.” – GARY SLOIK Potato seeding in Manitoba, like most other crops, has been delayed by cool, wet conditions. But a bountiful harvest is still a possibility. “We

Durum Up In Both CWB PROs

A rapidly appreciating Canadian dollar, however, has offset stronger durum prices, the CWB said. Values for durum are up in the Canadian Wheat Board’s latest pool return outlooks (PROs) for both the 2008-09 and 2009-10 crop years. The CWB, in its May PROs released May 28, noted global durum production is expected to be slightly


Deadlines, Rotations Loom Over Remaining Acres

“Canola actually holds on to its yield quite a bit better into that first week of June and so does something like sunflowers versus flax.” – ANASTASIA KUBINEC, MAFRI Normally farmers seed crops in a certain order, starting with cereals, followed by canola, then corn and then, by mid-to late May, soybeans and edible beans.

Canola Going To Be Strong Through 2009-10

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 May 22 mixed, with canola mixed and barley higher. Canola was pressured down in the old crop by a slowing pace to demand, with both