Dwayne Klassen

Processors in Canada continue to pay some pretty big sums in order to entice farmers to deliver canola to their doors, but in doing so profit margins have taken a turn for the worse. "Based on my calculations, crush margins for canola dropped to their lowest level in six years during Thursday’s session to just […] Read more

Market participants will be monitoring a Statistics Canada report due out next week to confirm aggressive canola use to date and expectations for tight supplies at the end of the crop year. StatsCan will release its updated grain stocks in all positions report on Tuesday (Feb. 5) for inventories of the various crop commodities at […] Read more

ICE Futures Canada remains fairly confident that the milling wheat, durum and barley futures contracts on its trading platform will remain viable risk tools. Thus, the Winnipeg-based exchange is willing to give those contracts some additional time to catch on with market participants. The milling wheat, durum and barley contracts on the ICE Canada trading […] Read more

Agriculture and Agri-Food Canada expects farmers in Canada to increase the area seeded to all wheat and barley in the spring of 2013, as area seeded to canola and most other crops posts a small decline. The federal agriculture department’s Winnipeg-based market analysis group on Tuesday released its first look at planting decisions for the […] Read more

Crush margins for processors in Western Canada have been continuing to grind slightly lower the past couple of weeks, but the effort to secure canola supplies from farmers by this sector continues to remain aggressive, according to industry participants. "Based on my calculations, crush margins for canola are currently in the $56 per tonne range, […] Read more

Cash bids for farmers delivering feed barley in Western Canada have begun to ease as demand begins to wane, according to industry participants. Some of the decline in values is reflecting the fact that feedlot demand on the Prairies has begun to drop off, said Jerry Klassen, manager of GAP SA Grains and Produits in […] Read more

Canola supplies in Canada are expected to be extremely tight at the end of the 2012-13 season ending July 31, based on strong usage of the commodity by both the export and domestic sectors. The question remains, for many market participants: How tight will the supply situation get? Private trade estimates are currently pegging 2012-13 […] Read more

Crush margins for canola processors in Western Canada have been steadily declining, but demand from this sector for canola continues to remain strong, according to industry participants. "Crush margins, based on the way I calculate them, have dropped to around the $53 per tonne range, which is probably at the lowest level seen during 2012," […] Read more

The amount of canola to be seeded in Canada in the spring of 2013 is expected to be down from the level seen in 2012, but assumed average yields and weather conditions are expected to translate into production easily surpassing the level achieved this season. Seeded area in the spring of 2013 was expected to […] Read more