Board and Staff | Capital Investment | Pooling | Market Development | Business Planning | Markets and Marketing | General Market Situation

Market Development

As stated earlier, there were no quality problems associated with the past years 2015 cereal crop. This bodes well for GEC as superior quality aids in the marketing of any crop.  Both milling and feed wheat growers had excellent results.  Despite somewhat softer prices on the immediate horizon for milling wheat; reasonable weather, quality seed and aggressive fungicide spray control programs, should mean that milling and feed wheat will remain as viable crop rotation options for skilled and motivated growers. 

For local barley, faced with a relative decline in demand and increasing supplies of both feed grain and corn, prices have reversed somewhat from higher prices expected for the barley crop and which had been good news for growers. GEC was unable to facilitate a single large export sale for barley this year which doesn't serve the local market as well. But GEC does continue to move significant volumes to several customers at harvest, thus benefiting all growers whether they deal with GEC or not. It remains to be seen whether prices decline further as the province remains "long" in stored product of barley and corn early in 2016.

The region is fortunate with growth taking place in the fish and fur industry and more recently the regional livestock industry due, in part, to stronger livestock pricing.  Fusarium  testing is now carried out on both the barley and corn crop as well as bushel weight and crude protein analysis. This suggests that these quality criteria are now permanent criteria in assessing the quality and price of a suitable grain.  It follows therefore, that two row toxin resistant varieties of barley, wheat and early maturing high bushel weight corn should be prominent in growers cropping plans.  Quality always sells!

Feed wheat prices follow corn; the markets are tracking lower for 2015/16. Increased local supplies are available but a lower basis has overcome stronger regional demand. This trend is expected to continue. It is to be hoped prices strengthen; as the need for an additional cereal in the rotation with forage, potatoes, corn, soybeans and barley have never been greater.

Approximately 2,150 metric tonnes of oats were delivered to all three GEC locations.  Maintaining the quality of oats continues to be a challenge.  An increased supply and weaker demand for oats has depressed the local feed oat price. Transportation costs continue to be a challenge in sourcing more lucrative oat markets such as Quaker Oats in Peterborough, Ontario.  Higher freight costs and colour have kept the region out of this market for human food consumption.  From the point of view of crop rotation, oats is considered an excellent choice.  Unfortunately quality and prices are depressed, as the high fiber and poor colour characteristic limits its uses in many commercial rations; horse feed being the possible exception.  Even in this case there is greater competition from corn. For such reasons, acreage remains low.

Approximately 21,000 metric tonnes of high quality contracted soybeans were part of a marine export order again this year and this trend is expected to continue albeit at lower contract prices ($380.00 mt). Several thousand more remain in the soybean pool.

 

***Important Note***

Best practices to prevent treated seed in deliveries:

1. Clean up spills and dispose of leftover treated seed as required by your province or municipality.

2. Take part in seed bag collection programs where available.

3. Consider using dedicated bins for treated seed when possible.

4. Clean all equipment, bins and vehicles thoroughly after seeding and before harvest.

5. Visually inspect equipment and bins for treated seed:

. Before harvest

. Before transferring grain between bins

. Before transferring grain to a truck or railcar for delivery

 

Deliveries at primary elevators 

Under the Canada Grain Act,

A licensed grain handling facility, such as a licensed primary elevator, cannot:

. Receive grain / Soybeans that is contaminated with treated seed or suspected to be contaminated

. Ship grain / Soybeans that is contaminated with treated seed or suspected to be contaminated

A producer (or person acting on a producer's behalf) cannot deliver grain / Soybeans to a licensed facility that is contaminated with treated seed or suspected to be contaminated.

 

This means a producer cannot deliver grain that is know to contain treated seed or is suspected to contain treated seed. As well, if an elevator operator knows that grain is contaminated with treated seed or suspects that it is contaminated, he or she cannot accept the grain.

 

Unloads at terminal elevators

When a railcar / truck load of grain unloads at the terminal elevator a sample is collected for inspection by either the elevator operator or a third party inspector. If an inspector sees seeds that are stained with a dye, the inspector has reason to suspect that the grain contains treated seed.

 

 

 

Grain Elevators

  • Kensington
    902-836-8927
    Wade Waddell
    Plant Supervisor

     

  • Roseneath
    902-838-0891
    Joseph  Vandenberghe
    Plant Supervisor

  • Elmsdale
    902-853-8630
    Donald Stewart
    Plant Supervisor

  • Head Office
    902-836-8935

    Neil Campbell
    General Manager

    Michael Delaney
    Director Strategic Planning

    Joann Lowther  Financial Manager

    Barbara Walker Accounting Tech

    Derrith MacDougall Admin Support Worker