(Commodity News Service Canada) — An agreement recently announced between the Canadian government and the European Union (EU) that will allow duty-free access to Europe for some Canadian beef is encouraging news to Canadian beef exporters, but they said actual volumes will fall well short of that quota. The 20,000 tonnes of duty-free quota granted […] Read more
Beef exporters take European trade with grain of salt
Low ocean freight rates good news for farmers
(Commodity News Service Canada) –– A lack of demand has resulted in the softening of ocean freight rates, which is good news for Canadian farmers. David Przednowek, manager of ocean freight and terminal operations with the Canadian Wheat Board, said the lower prices have been attributed to poor supply and demand fundamentals. “The market is […] Read more
Canadian yields boost markets for U.S. durum
(Commodity News Service Canada) — Wet conditions that plagued Canada’s Prairies throughout the growing season had a negative effect on Prairie wheat growers’ durum crop. However, that could be good news for U.S. producers. Jim Peterson, marketing director with the North Dakota Wheat Commission at Mandan, N.D., said there will be some advantages for U.S. […] Read more
Green pea production lower than normal
(Commodity News Service Canada) — With the persistent rains that hampered the Prairies throughout the summer, producers saw lower yields on green pea crops. Cam Laxdal, general manager with the Winnipeg export office of Saskatchewan special crops firm Lakeside Global Grains, said the wet weather had a lot to do with the lower production. “The […] Read more
CSCA, Mexico try to resolve canaryseed quarantine
(Resource News International) –– Members of the Canadian Special Crops Association met with Mexican food inspection officials in Mexico City recently in an effort to alert them of the Canadian industry’s perspective on the presence of quarantine weed seeds in canaryseed shipments. CSCA’s Carl Potts traveled to Mexico to take part in the talks, held […] Read more
Difficult harvest increases feed wheat supplies
Adverse harvest conditions across the Canadian prairies is pointing to large volumes of feed wheat around this winter. Gerald Snip, a grain trader with Market Place Commodities in Lethbridge, said most of Alberta and Saskatchewan are having big problems getting the crop off. “It’s just too wet to even get the combines on the field […] Read more
Prairie farmers on lookout for frost
(Resource News International) — Wet conditions throughout the entire growing season have pushed crops back in their maturity across the Prairies, and now more rainy days have farmers unable to get on the field to harvest, greatly increasing the chance of frost damage. Drew Lerner of World Weather Inc. near Kansas City said there have […] Read more
CBOT corn and soybeans see increases on week
(Resource News International) –– Both corn and soybeans saw stronger trading on the Chicago Board of Trade for the week ending Sept. 1, as demand for both commodities is high at the moment. Soybeans saw bullish pressure thanks to demand from China, as well as concerns over yield production in the U.S. the past week. […] Read more
Canola cash bids soften as harvest begins
(Resource News International) –– The market for cash canola has gotten weaker over the last few weeks, just as producers begin harvesting the oilseed. Jerry Klassen, manager of GAP Grains in Winnipeg, said there have been steady deliveries from farmers over the last couple of weeks. “We had $10 a bushel here earlier in August, […] Read more
Dirty green peas could cause harvest problems
(Resource News International) –– The harvest of green peas has yet to begin, and early indications show it may be a stressful one for producers. Cam Laxdal of Saskatchewan pulse crop firm Lakeside Global Grains said there are a lot of dirty crops in Manitoba, which could cause a challenging harvest. “When there’s foreign material […] Read more
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