Insights and Stories of Dwayne Klassen

May. 29, 2009 at 6:24 pm CDT

(Resource News International) — The Canadian Wheat Board is believed to have taken a very cautious approach in upping its pool return outlook (PRO) prices for wheat delivered by producers in the 2009-10 crop year. The PROs for most classes of wheat were increased by the CWB by $2 per […]

By Dwayne Klassen

May. 28, 2009 at 5:53 pm CDT

(Resource News International) — The drop in the cash price for canola in Western Canada over the past week was seen as only being temporary, with values likely to move higher now that a correction in the market has occurred. “While some individuals were concerned that canola futures had collapsed […]

By Dwayne Klassen

May. 26, 2009 at 6:25 pm CDT

(Resource News International) — With time quickly running out for producers in Western Canada to plant a crop, there are ideas that acres seeded to canola may be a bit more than what Statistics Canada had forecast. Barley area, meanwhile, was expected to be down, while wheat area was seen […]

By Dwayne Klassen

May. 26, 2009 at 6:09 pm CDT

(Resource News International) — Barley bids in Western Canada have seen a small improvement over the past couple of weeks, an increase associated with the price climb in other commodities and ideas that 2009 barley acres will be reduced. “Some of the price hike can certainly be traced back to […]

By Dwayne Klassen

May. 23, 2009 at 2:18 am CDT

(Resource News International) — Cash bids for both old- and new-crop canola contracts have strengthened significantly over the past week and while there appears to have been a downturn in nearby demand, the fundamentals continue to suggest further upward price action is in the cards. “The basis for canola has […]

By Dwayne Klassen