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Tag Archives Commodity News Service Canada

Speculative buying sees canola prices firm up
Crops, Markets

Speculative buying sees canola prices firm up

By
Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more
Photo: iStock
Cereals, Crops, Markets

Wheat bids fall along with U.S. futures

By
Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down C$3 to C$5 per tonne across the Prairie provinces, […] Read more
More producers are turing their attention online to help market their grain. Photo: File/Lorraine Stevenson
Crops, Markets

Grain marketing shifting to a digital focus

By
Winnipeg | CNS Canada – The future of grain marketing includes access to a larger market for producers online, according to Lyle Ehrmantraut. “You have to be able to see the deals to make the best decisions. So without all the deals in front of you in a centralized system I don’t know how it’s […] Read more
Photo: File
Crops

Canadian flax prospects dimmed by China’s silk road

By
Winnipeg | CNS – China’s construction of a new “silk road” connecting the country to Europe isn’t likely to be good news for Canadian flax exporters. For several years, Canada has been the main exporter of flax to China but that could likely change if Kazakhstan ever has a direct link to the China. “We […] Read more
Photo: iStock
Crops

Wheat storage a winner, says analyst

By
Winnipeg | CNS – As yields grow throughout North America and the physical size of the crop becomes larger, farmers who invest in storage bins now, stand to reap the rewards later. “Guys with space are winning,” said Kurt Ahrens, founder of Grainbot in Omaha, Nebraska. Speaking at the Grain World Conference in Winnipeg, he […] Read more
(Dave Bedard photo)
General

Fossil fuels here to stay… for now

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Winnipeg | CNS Canada – Renewable sources of energy may be the future, but that future is not coming any time soon as fossil fuels will be needed to continue to power the world for generations, according to author and professor emeritus Vaclav Smil, speaking at the Grain World conference in Winnipeg, Nov. 14. “We […] Read more
Canola oil was Canada’s second-highest-valued export in 2016, at US$2.3 billion. Photo: File
Crops, Livestock

Reports highlight strengths, weaknesses of Canadian ag exports

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Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global […] Read more

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