Insights and Stories of Dwayne Klassen

Mar. 23, 2010 at 4:58 pm CDT

(Resource News International) — Cash bids for feed barley in Western Canada have been holding fairly steady and were a bit firmer in some locations of the Prairies, as feedlots look to cover some nearby needs. “Most of the feedlots have covered the bulk of their requirements, but there are […]

By Dwayne Klassen

Mar. 19, 2010 at 4:56 pm CDT

(Resource News International) –– The canola crush pace by western Canadian processors has picked up significantly despite the fact the Canadian dollar has been pushing towards parity with the U.S. greenback. “A lot of the extra capacity that we have been anticipating has finally started to kick in,” Ron Frost, […]

By Dwayne Klassen

Mar. 18, 2010 at 4:49 pm CDT

(Resource News International) — Feed pea prices in Western Canada have been on the decline as of late, but the outlook calls for some stabilization and possibly some recovery. “A lot of the downward pressure on feed pea bids has come as US soymeal, and subsequently, Canadian canola meal values, […]

By Dwayne Klassen

Mar. 17, 2010 at 4:25 pm CDT

(Resource News International) — Edible pea prices, for both yellows and greens, have been declining quite steadily in the face of poor demand and potentially larger-than-expected carryover into the 2010-11 season. “The price weakness can be attributed mainly to the decision by India to institute a domestic anti-hoarding policy,” said […]

By Dwayne Klassen

Mar. 15, 2010 at 5:16 pm CDT

(Resource News International) — Crush margins for canola in Western Canada have taken a severe downturn with firmness in the Canadian dollar and the sell-off in CBOT soyoil futures linked to the weaker trend. “Based on the way I calculate margins, the crush for the spot month as of Monday […]

By Dwayne Klassen