2014 started out with a lot of frustration: Grain was hardly moving through Canada as the Great White North experienced some record cold temperatures and record ice cover on the Great Lakes. With the railroads making more money moving oil, elevators couldn’t take deliveries and the amount of ships sitting at the port waiting for… Read More

Rumours are building again that Russia may limit their grain exports (specifically wheat) and the government might start increasing the purchasing price from farmers for the government reserve stocks (the government is definitely worried about rising domestic food prices). This would incentivize producers to sell to the government versus grain merchants/exporters. SovEcon said earlier in… Read More

With speculation swirling around the privatization of the Canadian Wheat Board, the chief strategy officer for CWB has published an open letter explaining why much of grain marketer’s commercialization plan is being kept confidential. Although she doesn’t mention Farmers of North America’s offer specifically, Dayna Spiring describes why bids to acquire CWB may have been rejected:… Read More

Traders and analysts were taken aback by some of the key numbers in the crop production report from Statistics Canada released on Thursday morning. While the market was expecting a higher canola production estimate, it was not anticipating the major increase from the StatsCan estimate of 14.1 million metric tonnes in October to 15.6 million in… Read More

Panel thus morning about Grain Strategies exchange rates, freights, GMO’s, all in buying decisions #GaryinGeneva pic.twitter.com/UItItUj3Hb — Gary Stanford (@senatrstanford) November 13, 2014 Many in Western Canada may be surprised to learn that the Triffid flax fiasco of 2009 is still weighing heavily on the minds of some European customers. That’s according to Gary Stanford,… Read More

 

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