Insights and Stories on Markets

CWB to buy two new laker ships for $65M

Feb. 9, 2011 at 11:39 am CST

The owner of Canada’s biggest domestic fleet on the St. Lawrence/Great Lakes network will broker a deal for the Canadian Wheat Board to enter the shipping business. The CWB on Tuesday announced a $65 million deal to buy two new “laker” class vessels now being built in China for completion […]

Large, poor-quality lentil stocks to weigh on values

Feb. 8, 2011 at 4:00 pm CST

By Brent Harder

Canada’s cattle herd reduction seen slowing

Feb. 8, 2011 at 6:05 am CST

By Phil Franz-Warkentin

Tight supply of flaxseed confirmed

Feb. 8, 2011 at 5:50 am CST

By Brent Harder

Klassen: Feeder cattle edge higher

Feb. 8, 2011 at 5:00 am CST

By Jerry Klassen

Costa Rica reopens ports to Canadian beef

Feb. 7, 2011 at 6:55 pm CST

A relatively small buyer in Central America is Canada’s latest win in efforts to reopen international borders and ports to Canadian beef. Costa Rica, which shut the door on a quarter-million-dollar market for Canadian beef in 2003 following confirmation of Canada’s first domestic case of BSE, will now allow “full, […]

Canada offers wheat, Japan buys as planned

Feb. 4, 2011 at 6:12 pm CST

Japan bought food wheat from Canada at a regular tender on Thursday and a Canadian Wheat Board memo shows it managed to find scarce high-protein supplies despite a global shortage of top-quality wheat. The CWB sold Japan’s ministry of agriculture 37,110 tonnes of top-grade spring wheat for shipping March 12 […]

By chikako-mogi Rod Nickel

StatsCan report confirms tight canola supplies

Feb. 4, 2011 at 5:28 pm CST

The grain and oilseed stocks in all positions report Statistics Canada released Friday generally fell within industry expectations, with the exception of canola, with the stocks number suggesting 2010-11 carryover will be much tighter than anticipated. The federal statistics agency pegged Canadian canola stocks as of Dec. 31, in the […]

By Dwayne Klassen

Bring back food commodity trade rules: FAO

Feb. 4, 2011 at 11:30 am CST

Market deregulation since 1999 has fuelled speculation on commodities markets, and that needs to be corrected to curb food price volatility, the head of the United Nations’ Food and Agriculture Organization said Thursday. “We have created an environment that allows pure speculation,” FAO director general Jacques Diouf told Reuters Insider […]

By silvia-aloisi

Oat market on the upswing

Feb. 3, 2011 at 1:30 pm CST

The value of oats on the Chicago Board of Trade (CBOT) has eclipsed the US$4 per bushel level, and producers in Western Canada hope they can soon see the same type of price. “There’s a strong correlation between Canadian and Chicago (CBOT) oat prices,” said grain merchant Ryan McKnight, president […]

By Brent Harder