Analysts on opposite ends of canaryseed outlook

An analyst says there could be fireworks in the canaryseed market this winter, while one exporter forecasts something more akin to a flickering candle. Canadian canaryseed prices have experienced an “enormous uptrend” over the past dozen years until 2015 arrived and there was a downward correction, said Harold Davis, author of Prairie Crop Charts. It’s […] Read more

Huge canaryseed carryover creates ‘wishy washy’ outlook

The canaryseed market outlook can be summed up in one word — blah. Exports have been lacklustre, supply is much bigger than the official numbers suggest and the price outlook is dismal, say analysts. David Nobbs, managing partner of CanPulse Foods, doesn’t see prices improving from today’s values of 20 cents per pound delivered and […] Read more

Canaryseed prices likely to remain flat: analyst

Demand declining | Shipments to Mexico are down and competition is coming from Argentina

Canaryseed growers should not expect birdseed prices to take flight soon, says the head of a Saskatoon grain brokerage company. Prices are likely to remain in the 25 to 28 cents per pound range unless western Canadian production falls well below normal levels this year, said Bobby Leavins, operations manager at Rayglen Commodities. Leavins told […] Read more

Canaryseed stocks questioned

David Nobbs choked on his Halloween chocolate bar when discussing Agriculture Canada’s hard-to-swallow 2011-12 canaryseed carryout figure. “That number is completely, completely incorrect,” said the general manager of Canpulse Foods after dislodging the treat. Agriculture Canada estimates there were a paltry 17,000 tonnes of ending stocks of the birdseed as of July 31. Nobbs believes […] Read more