Sometimes when you deliver grain to the elevator it’s shipped west and other times it’s shipped east. It may seem like it’s all completely random but there’s a science to it that grain, shipping and railway companies do every day. This was the focus of a panel discussion entitled “Why does grain flow this way?” […] Read more
Tag Archives Grainworld
Canola, pulses gain from wheat
Prairie farmers will seed more canola acres this spring, even with slumping prices, while running away from hard red spring wheat, FarmLink Marketing Solutions predicts. As well, the general gloom around canola and wheat will allow the acreage of some of Western Canada’s traditional crops to crawl back a bit after being spurned in the […] Read more
Too much wheat may create export challenge
Tough competition | Black Sea wheat might squeeze Canada out of low value markets
Analysts gave farmers a generally dour outlook on cereal grains at Grainworld this year, with heavy supplies making price gains difficult. Increasing production in major wheat exporters will create a competitive market for sales, and im-proved weather in North Africa reduces the chances that its durum demand will be as robust as during last year’s […] Read more
Analysts see turmoil in crystal ball
All depends on the weather | One broker expects ‘extremely volatile, wild, unpredictable’ prices
The prospect of normal production is spooking crop markets and turning many analysts bearish. However, people attending the Grainworld conference held Feb. 25-26 in Winnipeg heard two presentations that gave 2013-14 a big bullish spin. “There simply is little room for errors in production,” Mike Krueger, an adviser and broker from Fargo, North Dakota, told […] Read more
