23.10.2013 - Overflowing Canada grain bins compound global glut: Commodities
Canadian wheat and canola grower Mike Bast spent five years building silos to store 100,000 bushels on his 2,000-acre farm in La Salle, Manitoba. It wasn’t enough. He’s already dumping grain into his neighbor’s bins. Harvests this year across the Prairie provinces of Canada, the world’s top canola producer and the second-largest exporter of wheat, will jump 14 percent to a record 80.8 million metric tons, the government said Oct. 16. ..............................................Full Article: Source
Print