WINNIPEG — An industry group says a pasta war is heating up as a predatory trade practice hurts Canada’s domestic market, affecting both pasta processors and durum producers. Millions of kilograms of subsidized Turkish pasta are allegedly being sold at a discount into the Canadian market, which unfairly competes with domestic processors and producers, according […] Read more
Stories by Jade Markus
Oats trade looks to StatsCan stocks report for direction
Winnipeg, Feb 2 (CNS Canada) – Chicago Board of Trade oats futures are relatively weak, but fairly priced, according to one U.S. analyst, and traders are looking to an Statistics Canada stocks report for indication on where to move next. “Just looking at the market in general, oats are somewhat cheap, but right now I […] Read more
Canadian durum market pressured by heavy producer selling
Winnipeg, Jan. 26 – Canadian durum prices are being pressured by heavy producer deliveries, says one analyst, while demand is lagging last year’s pace. Larger than expected producer deliveries this month are weighing on durum prices, said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP SA Grains and Produits. “I think […] Read more
Bank of Canada interest rate decision on Wednesday
Winnipeg – The Bank of Canada will announce an interest rate decision on Wednesday. The likelihood of a cut is already priced into the loonie, according to one analyst, but if the bank keeps rates steady it could move the beleaguered currency higher. The Canadian dollar was trading around US69 cents near midday on Tuesday, […] Read more
India’s pulse crops under stress, in need of well-timed rain
WINNIPEG — India, the world’s largest producer of pulses, needs moisture before winter crops hit the reproductive cycle at the end of January or existing losses will become amplified, says a weather specialist. The driest areas in India are important pulse production regions in northeastern Andhra Pradesh and neighbouring Uttar Pradesh, said Drew Lerner of […] Read more
Lethbridge feed wheat stays steady, barley moves downward
WINNIPEG — Feed barley prices have come down, while wheat is holding steady in Lethbridge, the centre of the livestock feeding sector. The price of feed barley in Lethbridge fell about $10 a tonne throughout November to sit at about $210 to $212 per tonne, according to Jim Beusekom, owner of Market Place Commodities. There […] Read more
Ontario pesticide decision not expected to move west
WINNIPEG — Restrictions on neonicotinoid-based pesticides in Ontario have generated concerns among grain farmers in the province, but Manitoba industry participants don’t expect similar policy to move west anytime soon. Laws restricting neonicotinoid-pesticide use were introduced in July. Grain Farmers of Ontario had hoped to enact a stay on the regulations through court proceedings, but […] Read more
Man. hail, reseed claims above average
WINNIPEG — Farmers have seen more weather related hardships this year than normal, which is reflected in an above-average number of hail and reseed damage claims. Summer hail and frost at the end of June and beginning of July took a toll on crops, leading to insurance claims higher than the five-year average. The Manitoba […] Read more
Consumers Want Sustainable Beef But Definition is Murky: Analyst
Winnipeg, Oct. 13 – McDonald’s plans to use sustainable beef by 2016 and intends to sourcing at least part of it from Canadian producers. The fast-food giant’s latest step toward sustainability is to define what exactly that means. Defining sustainability is important, according to a beef brand officer, because in some cases it’s something consumers […] Read more
Spot mustard prices hit fresh highs on reduced acreage
Winnipeg, September – Producers who opted against selling mustard earlier in the season are now relishing the spot market, which relative to contract prices is reaching fresh highs not seen since 2008. Delivered elevator prices are between 45 to 46 cents per pound for yellow mustard, 31 to 33 for brown, and 34 to 36 […] Read more
