(Resource News International) — Cash bids for flaxseed in Western Canada have been holding steady at firm levels, but with the harvest now completed and demand slowly declining, prices were expected to begin softening. “Some of the strength that developed in flaxseed was related to concerns about the harvest and the amount of flax that […] Read more
Flax bids hold firm, seen declining soon
Prairie feed wheat bids firm
(Resource News International) –– Feed wheat cash bids in Western Canada have been slowly firming over the past month, with some of that tied to the reluctance of producers to deliver and an improvement in the price of dried distilled grains (DDGs). “The upside in feed wheat values are being limited, however, by the continued […] Read more
Japan finds GMOs in Canadian flax
(Resource News International) — News that Japan has found genetically modified organisms (GMOs) in a shipment of Canadian flaxseed has increased concern among Canada’s flaxseed industry that additional countries may start halting imports. The GM material in the Canadian flaxseed is the same material that has been found in shipments to the European Union. The […] Read more
Oat bids slowly trending higher
(Resource News International) — Cash bids in Western Canada for oats have been trending upward, albeit at a very slow pace. Continued large carry-in supplies of oats have been preventing values from climbing faster. “There is still a lot of oats from the previous year’s harvest that we are dealing with and to tell you […] Read more
Barley bids stabilize at low price levels
(Resource News International) — Feed barley bids in Western Canada have again eased to some pretty depressed price levels, but values should begin to stabilize at these lows. “There had been some downward movement in feed barley bids given the drop-off in demand and the movement toward new lows in U.S. corn values,” Winnipeg-based analyst […] Read more
Steady demand lifts Man. edible bean bids
(Resource News International) — Cash bids for edible beans in Manitoba have generally held steady if not firmed a bit over the past few weeks as demand remains constant. “Supply shortages in the U.S. has helped to keep the market for edibles firm,” said Frank Reimer of Global Grain Canada Ltd. at Plum Coulee, Man., […] Read more
Dry weather speeds up Prairie harvest
(Resource News International) — The sustained period of dry weather seen late last week and through the weekend provided producers across Western Canada with an opportunity for significant harvest progress, according to an official with the Canadian Wheat Board. “The good weather conditions allowed producers in Manitoba and Alberta to generally get most of the crops […] Read more
Man. corn waits as soy harvest underway, slowly
(Resource News International) –– The harvest of Manitoba’s soybean crop has been progressing, albeit at a slow pace, while the province’s corn harvest was just starting to gear up, according to industry representatives. “I would describe the harvest of soybeans in Manitoba as ‘slowly poking along’ with some producers delaying the harvest in hopes of […] Read more
No agreement reached in canola talks with China
(Resource News International) — There has been no agreement reached between Canada and Chinese government officials regarding China’s intention to implement phytosanitary certificates on all imported canola after Nov. 15, an official with the Canola Council of Canada said Monday. “In a briefing from the Canadian delegation that is in China, we were told that […] Read more
Canada, EU endorse GM flaxseed protocol
(Resource News International) — Canada and the European Union have endorsed a flax protocol that was developed by the Canadian government in consultation with the Flax Council of Canada, Canadian flax exporters and DG Sanco of the European Commission, according to an official with Flax Council of Canada. The protocol describes the system of sampling, […] Read more