(Resource News International) — Agriculture and Agri-Food Canada expects the area seeded by Canadian farmers to durum this spring will be a bit less than what it had anticipated earlier in the year, according to an updated acreage outlook from AAFC’s market analysis division. The area expected to be planted to some specialty and pulse […] Read more
AAFC expects small drop in durum acres
Japan’s low-protein plan may bite into wheat price
(Resource News International) — Japan’s consideration of lowering its wheat protein requirements is not expected to have much effect on Canadian wheat sales to that country, but the reduced protein content was expected to make competition for that market a bit tougher and in turn lower prices, according to market participants. “Essentially, what the decision […] Read more
St. Lawrence Seaway to reopen March 20
(Resource News International) — The 2008 navigation season on the Welland Canal section of the St. Lawrence Seaway system will begin on March 20 and on the Montreal/Lake Ontario section on March 22, according to a notice issued by the St. Lawrence Seaway Management Corporation. The opening of the Welland Canada has been set at […] Read more
Hudson Bay port gears up for 2008 season
(Resource News International) — Manitoba’s northern Port of Churchill is gearing up for its 2008 season with Canadian Wheat Board grains, non-board grains and a host of other items on the list of commodities expected to be moved through the facility, according to an official with the Churchill Gateway Development Corporation. “We are definitely looking […] Read more
Prairie barley marketing legislation coming: Ritz
(Resource News International) — Failing a favourable Federal Court ruling later this month, the federal government plans to move soon with legislation to end the barley monopoly powers of the Canadian Wheat Board, Agriculture Minister Gerry Ritz said Wednesday. Ritz said the promise to bring forward legislation follows what he called the CWB’s continued refusal […] Read more
Anheuser-Busch offers CWB’s CashPlus
(Resource News International) — U.S. brewer Anheuser-Busch is the first company to offer the Canadian Wheat Board’s new CashPlus malting barley program to Western Canadian producers, an official with the CWB confirmed. “The rather significant tonnage is filling up fast, so that would seem to indicate that farmers are interested in signing up for this […] Read more
ICE Futures Canada president leaving
(Resource News International) — William Hill will soon be leaving his post as president and chief operating officer of ICE Futures Canada, according to an official with the exchange. Hill will remain with ICE Futures Canada in his current role until the transition to a new president and COO for the former Winnipeg Commdity Exchange […] Read more
AAFC expects jump in wheat, canola acres
(Resource News International) — Agriculture and Agri-Food Canada expects the area seeded by Canadian farmers to all wheat will be up from the year-ago level, according to an acreage outlook from its market analysis division. Small increases in canola and barley area were also forecast, while a drop in oats and summerfallow acres were projected. […] Read more
Rail slowdowns leave grain shippers uneasy
(Resource News International) — Extremely cold temperatures and high winds, slowing the movement of rail cars to export terminals in British Columbia, are prompting some concern for Canada’s grain and oilseed shippers. Temperatures across Alberta, Saskatchewan and Manitoba have been in the -30° to -40°C range and when the wind has been factored in, temperatures […] Read more
Energy costs not seen affecting seeding plans
(Resource News International) — Cropping choices by Canadian farmers this spring may not necessarily be impacted by high energy costs as they have in the past, with the offsetting factor being high prices. “Fuel and fertilizer costs are indeed significantly higher than what they were at the same time a year ago,” said Glenn Lennox, […] Read more