(Resource News International) — Barley bids in Western Canada have been slowly creeping upward over the past few weeks as producers concerned about the drought conditions for crop production have become very reluctant sellers of the commodity. “There is certainly the aspect of poor weather for the development of the recently seeded barley crop in […] Read more
Prairie barley deliveries dwindle, bids climb
StatsCan acreage update won’t show weather shift
(Resource News International) — Statistics Canada’s June 23 acreage update will not show the full impact of weather and industry participants are already second-guessing the numbers. “The second-guessing will be because of the lateness of the development of the various crops, the impact of frost and the timing of the survey,” said Ken Ball, a […] Read more
Solution sought on blocked canola meal shipments
(Resource News International) — Canadian and U.S. government and technical industry representatives are working to resolve the issues which have blocked the movement of some Canadian canola meal shipments into the U.S., according to the head of Canada’s oilseed processors’ group. “There have been some shipments of Canadian canola meal halted at the U.S. border […] Read more
Flaxseed bids hold steady
(Resource News International) — Bids for flaxseed in the cash pipeline in Western Canada have been generally holding steady levels, although the trend has been more to the upside rather than down. “There has been some minor worry about the late development of the various crops, and flaxseed has been included to some degree in […] Read more
Efforts continue toward Sask. hog packing plant
(Resource News International) — The chairman of the Saskatchewan Slaughter Plant Initiative says the group is continuing efforts to move ahead with plans to build a 650,000-head per year hog slaughter plant in Saskatchewan and have it operational by this fall. “We are at a critical stage in which some very detailed negotiations are currently […] Read more
Frost further delays Prairie crops
(Resource News International) — Some much-needed moisture in parts of the dry growing regions of Alberta and Saskatchewan was received during the weekend in the form of snow, but the accompanying cool temperatures, felt right across the Canadian grainbelt, continued to slow the development of recently seeded grain and oilseed crops, according to an official […] Read more
Frost hits Alta. crops, cold to hit Sask., Man.
(Resource News International) — New record-low temperatures were established in a number of the grain and oilseed growing regions of Alberta overnight, with readings in Saskatchewan overnight Tuesday also having a chance of dropping below freezing, according to updated weather outlooks. The extent of the damage to crops was not known at this time, government […] Read more
Lack of moisture on Prairies hinders optimism
(Resource News International) — Absence of precipitation in the western regions of central Saskatchewan and central Alberta areas has hindered optimism about production prospects, according to industry officials. The lack of moisture in the nearby forecasts also paints a worrisome crop outlook. “Some of those areas in question have not received any substantive precipitation since […] Read more
Analysts see CWB as cautious on wheat PROs
(Resource News International) — The Canadian Wheat Board is believed to have taken a very cautious approach in upping its pool return outlook (PRO) prices for wheat delivered by producers in the 2009-10 crop year. The PROs for most classes of wheat were increased by the CWB by $2 per tonne from the April projection. […] Read more
Drop in canola cash bids seen as temporary
(Resource News International) — The drop in the cash price for canola in Western Canada over the past week was seen as only being temporary, with values likely to move higher now that a correction in the market has occurred. “While some individuals were concerned that canola futures had collapsed over the past few days, […] Read more
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