CNS Canada — When the world needs canary seed, it calls on Saskatchewan, but whether the province will be able to answer this year remains a mystery. Canary seed grown in Saskatchewan accounts for about 70 to 80 per cent of the international trade in the grain used mostly as bird feed, according to Kevin […] Read more
Tag Archives canary seed — page 4
Mystery stocks keeping canary seed from rallying
Sask. dryness could impact global canaryseed prices
CNS Canada –– Dryness in Saskatchewan could support global canaryseed prices, as the province produces nearly all of Canada’s crop. Canada is the world’s largest producer and exporter of canaryseed worldwide, according to a federal government report. Kevin Hursh, executive director for the Canaryseed Development Commission of Saskatchewan, expects global canaryseed prices will eventually react […] Read more
Canaryseed slow to move, but still pencils out in many areas
CNS Canada — The canaryseed market may be very slow in Western Canada, but acres are still expected to rise in 2015, according to an industry official. “The canary market is relatively quiet,” said David Nobbs, president of the Canaryseed Development Commission of Saskatchewan and director of operations with CanPulse foods in Kindersley, Sask. Activity […] Read more
Hidden stocks keep canaryseed rangebound
CNS Canada –– The visible supply-and-demand fundamentals for canaryseed in Western Canada may appear tight — but actual price activity may say otherwise. Canada’s 2014 canaryseed crop was estimated at 138,800 tonnes by Statistics Canada in its October report, which compares with the 131,000 tonnes grown in 2013. The government agency has not released recent […] Read more
Canaryseed market quiet, but watching Europe
CNS Canada — Saskatchewan’s canaryseed harvest in Saskatchewan is moving along, although with production only up slightly on the year and demand steady for the time being, the market is relatively quiet. European demand, however, could be one supportive influence going forward. Current canaryseed prices range from about 22 to 24 cents per pound, and […] Read more
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