The grain and oilseed market started the month of November the opposite of how it ended October, as the market dropped lower on the U.S. harvest catching up to its historical average pace and a stronger U.S. dollar (which can help Canadian exports, hence basis in Western Canada narrowing recently). Lack of consistent rail service… Read More

Planting delays in Brazil due to dry conditions have provided some support to global oilseed markets over the last month or so, but it’s too early to be concerned about dryness. That’s according to Pedro Dejneka, managing partner with AGR Brasil — a unit of AgResource Company, who shared the South American market outlook at the Cereals… Read More

While world grain supplies are growing rapidly after producing enormous global corn, soybean and wheat crops this year, Canada stands out with domestic stocks dropping after the bumper crop of 2013 to levels that are closer to average. “We’re seeing our stock levels forecast to drop now to fairly typical levels by the end of this crop year,”… Read More

Quality problems with this year’s durum crop in Italy and France, combined with the worst quality crop on record and lower yields in Canada, have resulted in skyrocketing prices for durum. Buyers are scrambling to find higher quality supplies for pasta production, says Neil Townsend, director of market research with CWB, in the interview below…. Read More

Wheat markets were up about four percent in the post-Canadian Thanksgiving rally as the grain markets all headed higher on quality and harvest progress concerns. That in mind, because of the delayed U.S. harvest, there could still be a lot of grain that doesn’t have a home on the farm and so will be sold… Read More

Farmers of North America is asking the federal government to hold off on privatizing the Canadian Wheat Board to give the Saskatoon-based farmer business alliance more time to pitch its plan for turning CWB into a farmer-owned grain company. FNA has held over 100 farmer meetings across Western Canada over the last month asking farmers… Read More

Bunge is finally starting operations at its new canola processing plant at Altona, Manitoba. “The edible oil refinery is operating and we are testing the crush plant,” confirmed Deb Seidel, a spokesperson for Bunge North America, in an email on Friday. The new facility is designed to process 2,500 metric tonnes per day — more than double the volume of… Read More