By Kevin Hursh

Battle for acres

Jan 11, 2011 | 7:07 AM

for paNOW

Don’t underestimate the competition for acres that’s going to occur.

That advice came yesterday from Marlene Boersch of Mercantile Consulting Venture as she presented a market outlook for canaryseed at Crop Production Week in Saskatoon.

Today, Marlene is on the market outlook panel for lentils. She says growers have power in the current market environment and she advises everyone to watch the USDA report on Wednesday. If that report provides more momentum for corn prices, it will provide a lift for all commodities. Already, American corn futures are around $6 a bushel.

Minneapolis spring wheat futures are flirting with $9 a bushel and some canola futures are touching $600 a tonne.

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