Dwayne Klassen

(Resource News International) — Cash bids for flaxseed in Western Canada have trended in a fairly steady to slightly easier price pattern and there does not seem to be much in the way of developments to break it out of the status quo. “Every once in a while there are some improved opportunities for producers […] Read more

(Resource News International) — Cash bids in Western Canada for oats have been steadily trending downward as continued large supplies and the steady decline in CBOT oat futures depress values. “The drop in CBOT (Chicago Board of Trade) oat futures has definitely hurt the cash market in Canada,” said Bryan Cross, an oat grain buyer […] Read more

(Resource News International) –– Cash bids for mustard in Western Canada continue to remain disappointing and are not likely seen advancing anytime soon. “There is really an absence of demand from the European Union and that has hurt the bids,” said Mike Jubinville, a market analyst with ProFarmer Canada in Winnipeg. Part of the decline […] Read more

(Resource News International) — Feed pea prices in Western Canada have been on the decline as of late, but the outlook calls for some stabilization and possibly some recovery. “A lot of the downward pressure on feed pea bids has come as US soymeal, and subsequently, Canadian canola meal values, have dropped sharply over the […] Read more

(Resource News International) — Edible pea prices, for both yellows and greens, have been declining quite steadily in the face of poor demand and potentially larger-than-expected carryover into the 2010-11 season. “The price weakness can be attributed mainly to the decision by India to institute a domestic anti-hoarding policy,” said Mike Jubinville, a Winnipeg market […] Read more

(Resource News International) — Canadian flaxseed production in the upcoming 2010-11 crop year is expected to be down significantly from the level achieved in 2009-10, based on data from Informa Economics. Speaking this week at the Canadian Wheat Board’s annual GrainWorld conference in Winnipeg, Chuck Penner, senior consultant with Informa Economics, estimated 2010-11 Canadian flaxseed […] Read more

(Resource News International) — Cash bids for flaxseed in Western Canada continue to remain depressed overall, but there have been opportunities where values have increased, albeit temporarily. “There were some old-crop flaxseed cash bids along the Manitoba/Saskatchewan border that were reportedly in the $9 a bushel area, f.o.b. April/May,” according to Mike Jubinville, a market […] Read more

(Resource News International) — Crush margins for canola in Western Canada have seen some significant improvement over the past week, with the uptrend continuing in the weeks ahead. “Based on the way I calculate margins, the crush for the spot month as of Monday was in the $122 per tonne range,” said Bill Craddock, a […] Read more

(Resource News International) — Statistics Canada’s grain and oilseed stocks in all positions report for the period ended Dec. 31 was generally in line with pre-report expectations and helped confirm the production numbers the agency released in the fall, according to industry participants. The numbers, released Friday, were not expected to have any kind of […] Read more

(Resource News International) — A slow deterioration in feed barley bids in Western Canada continues, with little to suggest that an end to the slide is in sight. “All the normal issues remain in play and have been slowly dragging bids downwards,” said Mike Jubinville, a market analyst with ProFarmer Canada in Winnipeg. Producers, he […] Read more