Dwayne Klassen

(Resource News International) — Canadian oats area in the spring of 2008 could be much lower than what was seeded in 2007 as prices for the crop have failed to keep pace with those of alternatives, according to industry sources. “There is a possibility that oats area in Canada could be down as much as […] Read more

(Resource News International) — World fundamentals are generally supportive for durum and even winter wheat, but spring wheat acreage is expected to suffer in Canada during the upcoming 2008-09 crop year. “The extra winter wheat and durum plantings will come at the expense of spring wheat in the spring of 2008,” said market analyst Greg […] Read more

(Resource News International) — Canada’s canola export projections for the 2007-08 crop year are slowly being downsized, but strong domestic processor demand is expected to help limit the impact on Canada’s ending stocks picture. Strength in the Canadian dollar, along with high ocean freight rates were linked by industry sources to the downsizing of Canada’s […] Read more

(Resource News International) — A battle for acreage next spring is expected to begin heating up soon as producers in Western Canada begin to plan ahead for next year’s crops. High prices for various grains and oilseeds will make things interesting as producers will be attracted to the crops that have strong return potential, said […] Read more

Canola futures at the Winnipeg Commodity Exchange (WCE) finished Friday’s session higher with new highs set in a number of contracts. The advances were spurred on by continued talk of fresh export demand and the advances seen in the CBOT soybean complex, market watchers said. Some position evening ahead of the weekend and this weekend’s […] Read more

(Resource News International) — Most industry participants say they’re ready for when grain and oilseed futures contracts at the Winnipeg Commodity Exchange begin trading on the ICE platform beginning Dec. 9 at 7 p.m. CT, moving from the current Chicago Board of Trade (CBOT) platform. The ICE platform requires one continuous trading session, and because […] Read more

(Resource News International) — Above-normal precipitation is expected to cover much of Western Canada’s grain and oilseed belt during the winter months, according to the latest long-range weather outlook released by the Canadian Meteorological Center (CMC) of Environment Canada. In its outlook for the December, January and February period, Environment Canada predicted above-average precipitation would […] Read more

(RNI) — Canola futures at the Winnipeg Commodity Exchange finished Friday’s session mainly lower after trading higher just ahead of the close. Weakness in canola was linked to late profit-taking by fund accounts as well as the losses posted in the Chicago Board of Trade (CBOT) soybean complex, market watchers said. Weakness in the Canadian […] Read more

(Resource News International) — While not ruling out other options to remove the Canadian Wheat Board’s single-desk marketing powers for Prairie barley, the federal government for now is focused on a court appeal toward that end. The government is focusing its attention on an appeal of a decision by a Federal Court judge, which cancelled […] Read more