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Wheat

 PHOTO: Laura Rance
Crops, General, Spring Wheat

CGC repeals grading changes in response to producer complaints

The new regulations would have seen export grade standards applied to deliveries to country elevators

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Reading Time: 3 minutes Days before implementation, the Canadian Grain Commission repealed grading changes in response to complaints from producer groups. In a news release, Friday, the CGC simply stated it was repealing the alignment of primary and export tolerances for test weight and total foreign materials for Canada Western Red Spring, Canada Western Hard White Spring, Canada Western Extra […] Read more
(File photo: Reuters/Yoruk Isik)
General, Reuters

Ukraine says Russia threatened civilian vessels in second week without grain deal

Ukraine has harvested 11.2 million tons of its 2023 grain crop

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Reading Time: 2 minutes Kyiv | Reuters – A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were “the methods of terrorists”. Russia last week quit a U.N.-brokered deal allowing Ukraine, a major global grain producer, to safely export its grain via […] Read more
Photo: Thinkstock
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: durum soars as red spring falls back

Steep increases following Russian attacks on Ukrainian ports were gone by mid-week

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Reading Time: 2 minutes MarketsFarm – There were sharp increases in durum across Western Canada for the week ended July 27, while spring wheat incurred small to moderate declines. There were gains in Minneapolis spring wheat, while Kansas City and Chicago winter wheat contracts slipped back. At the beginning of the week there were steep increases for wheat as […] Read more
Photo: iStock
Crops, General, Spring Wheat, Winter Wheat

Grain groups find common ground over grading changes

In a rare move, the Wheat Growers and Farmers Union are on the same side of an issue

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Reading Time: 2 minutes Two producer groups ordinarily at the opposite ends of the ideological spectrum have teamed up and come out swinging against proposed changes to wheat grading. The Wheat Growers Association (WGA) and National Farmers’ Union (NFU)have issued a joint statement decrying changes that will take effect August 1 which would see the export grade standard applied […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: Grain, soybean futures slide as investors shed risk

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybean and grain futures turned lower on Thursday, as investors began shedding risk amid signs that the hot weather in the U.S. Midwest this week could be short-lived. Soybean and corn futures both experienced choppy trading, as the U.S. dollar turned higher, analysts said. Soybeans turned sharply lower, as traders […] Read more
(File photo by Lorraine Stevenson)
Canola, Cereals, Crops, Markets

Oilseed crush down, grain deliveries rise in June: StatCan

Canadian grain deliveries reached a three-month high in June

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Reading Time: < 1 minute  Marketsfarm – Statistics Canada (StatCan) released its June oilseed crush and grain delivery statistics, showing a small decline for the former, but a large gain for the latter from the month before.  Oilseed processors in Canada crushed 772,345 tonnes of canola last month, as well as 139,164 tonnes of soybeans for the month of June […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn, wheat slide sharply on promise of rain, yield potential

Soybeans steady to higher, boosted by weak U.S. dollar, export news

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn and wheat futures slid on Wednesday on technical trading and news of a better-than-expected spring wheat forecast in parts of North Dakota, even as a heat wave stretched across the U.S. Midwest and part of the Mississippi Valley, traders said. Meanwhile, soybean futures were steady to higher on the […] Read more
(Medioimages/Photodisc/Getty Images)
Crops, Markets, Reuters

CBOT weekly update: U.S. Fed decision one of many factors 

Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement

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Reading Time: 2 minutes Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures.  The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more
(Medioimages/Photodisc/Getty Images)
Crops, Markets, Reuters

U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

The market pulled back from five-month highs as Russia appeared to slow its port attacks

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times […] Read more
Photo: File/Allan Dawson
General, Markets, Reuters

EU looks to cover transport costs for Ukraine grain exports by land

About 60 per cent of Ukraine's exports were shipped via solidarity lanes when the Black Sea deal was in operation

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Reading Time: 2 minutes Brussels | Reuters – The European Union is ready to export almost all of Ukraine’s farm produce via “solidarity lanes” and help cover costs after Russia withdrew from a U.N.-backed Black Sea grain deal,  EU agriculture commissioner Janusz Wojciechowski said on Tuesday. Solidarity lanes are rail and road transport connections through EU member states that […] Read more

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