(million tonnes) total supply exports domestic use ending stocks
WINNIPEG — Ending stocks of Canada’s major grain and oilseeds for 2014-15 will likely be larger than earlier forecasts, according to updated supply-demand tables released by Agriculture Canada’s market analysis branch Dec. 19. However, ending stocks of pulse crops will be a little smaller than expected. The department adjusted its supply and demand figures to […] Read more
Phil Franz-Warkentin
Stories by Phil Franz-Warkentin
Pea spreads return to historical levels in Western Canada
Winnipeg, Jan. 6 – After two years of abnormally large price spreads between green and yellow peas in Western Canada, the relationship between the two has returned to more normal levels. The yellow pea market has risen a little in recent weeks, but the green market “is not that interesting,” said David Newman, of Commodius […] Read more
Durum shakes market volatility
WINNIPEG — The volatility in the global wheat market in recent weeks has largely bypassed durum, which has seen its premiums over hard red spring wheat erode slightly in Western Canada. “Durum does what it wants, when it wants,” said a Saskatchewan-based durum broker, who noted that the recent strength in Canada Western Red Spring […] Read more
Louis Dreyfus’s Yorkton plant officially reopens
WINNIPEG — The Louis Dreyfus canola crushing plant in Yorkton, Sask., is officially back in operation, after an explosion at a meal storage facility in late October forced the plant to close for a number of weeks, according to a statement from the company yesterday. “We are pleased to announce that operations have resumed at […] Read more
Louis Dreyfus Yorkton canola plant might have reopened
Winnipeg, Dec. 17 – The Louis Dreyfus canola crushing plant in Yorkton, Sask., has reportedly been back in operation since the beginning of December, but the company will not confirm or deny those reports. The plant was forced to halt operations in late October due to an explosion at a meal storage facility. Sources in […] Read more
‘No news is good news’ for Canadian canola exports
WINNIPEG — Steady end user demand and a lack of any problems from a logistics standpoint are keeping Canadian canola exports moving at a solid pace, but a repeat of the record business of 2013-14 is still unlikely. “There is still some demand out there, but it’s probably not as strong as the beginning of […] Read more
CWRS wheat bids edge up across Western Canada
WINNIPEG — Average cash bids for Canadian Western Red Spring wheat edged up by $1 per tonne on average during the week ended Dec. 12. In Manitoba, the average CWRS price rose to just under $234 per tonne from $233 per tonne the previous week. The gains were similar across the rest of the Prairies, […] Read more
Good crop prospects weighing on CBOT soybeans/corn
WINNIPEG — Soybean and corn futures at the Chicago Board of Trade both fell to their lowest levels in years during the week ending July 23, and could be pointed lower still, according to an analyst. While good export demand did keep the nearby August soybean contract well supported, the more actively traded new crop […] Read more
Low ocean freight rates aid North American grain exports
WINNIPEG — The Baltic Dry Index, which tracks global ocean shipping rates, is currently trading at its weakest levels of the past year. The declining cost of ocean freight makes North American grain and oilseed exports more competitive into international markets. The BDI was quoted at 755 points on July 16, which compares with levels […] Read more
Shuttered North Dakota canola crusher to reopen
WINNIPEG — A long defunct oilseed crushing plant in North Dakota is set to reopen, with plans to begin processing canola in time for this year’s harvest. The Northwood plant is situated 45 kilometres southwest of Grand Forks and 145 km south of the Canadian border. It opened in 2007 as a soybean crusher under […] Read more
