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Tag Archives Staple foods

Cereals, News, Oilseeds

Who is the Grain Growers of Canada?

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The Grain Growers of Canada was founded in 2000 to represent grain growers, through their respective associations, across Canada. The initial members were the Alberta Barley Commission, Atlantic Grains Council, Alberta Winter Wheat Producers Commission, Ontario Corn Producers’ Association, Ontario Soybean Growers, Saskatchewan Canola Growers Association and Western Canadian Wheat Growers Association. Since then all
Cereals, Oilseeds, Opinion

Grains lose allure to fund investors

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The global economic turmoil that has cost banks billions of dollars in losses and slammed hedge funds has dimmed the appeal of grains as an asset class, with fundamentals for corn and wheat pointing to lower prices. Lately, supply and demand factors have been playing a greater role in determining grain prices than they did
Cereals, Other

Shrinking loonie supports CWB PROs

A weaker Canadian dollar and a “dramatic drop” in ocean freight rates are supporting the Canadian Wheat Board’s latest pool return outlooks (PRO) for wheat. Wheats rose $5 per tonne in the November 2008-09 PROs released last Thursday. For example, the PRO value for No. 1 Canada Western Red Spring (CWRS) at 14.5 per cent
Cereals, News, Oilseeds

USDA chief predicts lower inputs by spring

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U. S. farmers have not seen their input costs decline significantly despite the recent drop in energy prices, Agriculture Secretary Ed Schafer said Nov. 18, but he remained confident conditions would improve before growers plant their 2009 crops. Prices for corn, soybeans, wheat and other crops have dropped after setting record highs earlier this year.
Cereals, Crops, Grain Markets, Oilseeds

Markets still controlled by “outside” forces

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in WinnipegWinnipeg closed the week ended Nov. 14 moderately lower as weakness in Chicago soybean and soyoil markets weighed on prices. The continued global financial instability also undermined the markets. Farmer
Cereals, News, Oilseeds

China sees grains supply tight, little exports

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“China’s grain supply will be in a tightly balanced situation in the long term.” – Zhang Xiaoqiang China’s grains supply will stay tight for the foreseeable future, a top planning official said Nov. 13, with little chance of a return to large-scale shipments despite moves to lift export restrictions. Only “small” amounts of exports may
Cereals, Crops, News, Oilseeds

Lower yields nip U. S. corn, soybean crops

U. S. growers will reap 12.02 billion bushels of corn and 2.921 billion bushels of soybeans this year, the government forecast on Nov. 10, lowering its estimates for both crops slightly due to lower yields in a rain-slowed harvest. “The lateness of this year’s fall row-crop harvest has limited planting opportunities for both Soft Red
Cereals, News, Oilseeds

Global glut of wheat seen pressuring prices

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A global glut of wheat will weigh on wheat and corn prices while tighter stocks of soybeans should provide life to the soybean market, a CME Group panel of grains analysts said Nov. 10. “There is plenty of wheat around. The world estimate is more interesting and it shows ample supplies,” said Jack Scoville, analyst
Grain Markets, Oilseeds

“Farmers will be driving Maseratis” and other news

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Nov. 6 higher. Canola prices rallied as farmers virtually turned off the tap and stopped delivering. Traders feel it will take farm gate bids of
Cereals, News, Oilseeds

Producers can still apply for CWB ballots

The Nov. 14 deadline to get on the voters’ list for the Canadian Wheat Board 2008 director elections for Districts 2, 4, 6, 8 and 10 is fast approaching. In order to simplify the application process, farmers can now use crop insurance records or delivery receipts to prove eligibility. More information can be found at

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