Dwayne Klassen

(Resource News International) — Cash bids for flaxseed in Western Canada have taken a dramatic turn for the worse. with some of the decline being linked to European concerns the crop contains genetically modified organisms (GMOs). There were reports that Viterra has lowered its bids in Manitoba to as low as $6.78 a bushel, which […] Read more

(Resource News International) — The decision by France to increase its subsidies in an effort to stimulate the production of protein crops including peas, fababeans and lupins is being closely watched by other major pulse producing countries, including Canada. “We’re essentially in a wait and see situation,” said Carl Potts, director of market development for […] Read more

(Resource News International) –– Edible pea prices in Western Canada have begun to weaken, with the downward slide being linked to the ongoing harvest and the unwillingness of buyers to step up to the plate and make some purchases. “The U.S. pea harvest is virtually complete, and both yellow and greens are of very good […] Read more

(Resource News International) –– The corn crop in most of Ontario is looking very good, but more heat is required to help speed up the maturity rate, according to an official with the Ontario provincial government. Frost also has to remain out of the weather forecast until at least the middle of October. “Where the […] Read more

(Resource News International) — The record amount of acres planted to soybeans in Ontario this spring will not translate into record production due to adverse weather conditions, according to an official with the Ontario provincial government. “We still have another four to six weeks until the soybean harvest begins, and we’ve had a pretty tough […] Read more

(Resource News International) — Poor weather heading into the fall, the lack of snow cover over the winter and a general dismal spring have resulted in Ontario’s wheat output coming in lower than anticipated, according to an official with the Ontario government. “Right now, an estimated 98 per cent of the province’s winter wheat crop […] Read more

(Resource News International) — Crop production numbers for canola in Statistics Canada’s first look at the 2009-10 season were lower than anticipated, but most industry sources believe estimates will only grow in future updates. “The number for canola was certainly at the low end of pre-report expectations and could mean some supply tightness down the […] Read more

(Resource News International) –– A lack of heat units and a late start to seeding have resulted in Manitoba’s corn crop being well behind in development, but cash bids for the crop barely reflect these problems. “The heat we experienced in the province last week was good for the crop, but we will need at […] Read more

(Resource News International) — Crush margins for canola in Western Canada have lost some additional ground, and if the Canadian dollar continues its appreciation, further declines are likely in the cards. “Based on the way I calculate margins, the crush for the spot month as of Friday was in the $74.20 per tonne range,” said […] Read more

(Resource News International) — Strong spot bids for confectionary varieties of sunflower have helped to spark some farmer movement of the commodity into the cash market. Strong end-user demand and concerns about the crop have helped to prop up the cash market. “End users are paying as much as 40 to 42 cents a pound […] Read more