Reading Time: 2 minutes Hard red spring wheat bids in Western retreated from their recent highs during the week ended Oct. 17 as a downturn in the United States futures weighed on prices.
Wheat
Western Canadian wheat bids soften with U.S. futures
Russia seeks more control over global food prices with BRICS grain exchange
Reading Time: 2 minutes Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.
Saskatchewan Crop Report: Provincial harvest 99 per cent finished
Reading Time: < 1 minute Saskatchewan's 2024 harvest will be completed in a matter of days, according to the province's weekly crop report.
Feed Grain Weekly: Less activity before corn deliveries
Reading Time: 2 minutes Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
U.S. grains: Corn futures rise after big US grain sale to Mexico
Reading Time: 2 minutes Chicago Board of Trade corn futures rose on Wednesday after the U.S. Department of Agriculture said exporters reported the biggest daily export sale of the grain in more than a year.
Canadian Grain Commission predicts financial shortfall
Reading Time: < 1 minute In a release Oct. 16, the organization said that “Since the Canadian Grain Commission reduced its official inspection and weighing fees in 2021, the organization has inspected and weighed lower-than-expected grain volumes, leading to a gap between revenue and costs.”
U.S. grains: Corn, soy down on South America rains; crude, equities sell-off
Reading Time: 2 minutes U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.
Federal funds announced for Cereals Canada
Reading Time: 2 minutes The recent $7.3 million in federal money to Cereals Canada is slated for international market improvements and research into the impact of environmental conditions on cereals
U.S. grains: Soy, corn futures down as USDA projects massive US crops
Reading Time: 2 minutes Soy and corn futures turned lower on Friday after the U.S. Department of Agriculture's supply and demand report confirmed the advancing harvests in the U.S. will be some of the largest on record.
Prairie spring wheat bids rise as loonie drops
Reading Time: 2 minutes Hard red spring wheat bids in Western Canada moved to their highest levels in three months during the week ended Oct. 10, as a firm tone in the United States futures and sharp weakness in the Canadian dollar provided support.