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Winter wheat

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans set fresh high on supply worries, technical buying

Chicago wheat, corn also close higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures soared on Tuesday, climbing to fresh 6-1/2-year highs on a mix of fund-driven technical buying and worries about South American supplies, analysts said. Corn followed soybeans higher but stayed below psychological resistance at the $5 per bushel mark (all figures US$). Wheat rose about two per cent, setting […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices mixed

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were across the board during the week ended Thursday. Canada Western Red Spring (CWRS) wheat was mixed, Canada Prairie Spring Red (CPSR) was higher and Canada Western Amber Durum (CWAD) lower. Gains in U.S. wheat markets provided support while strength in the Canadian dollar weighed on values. Average […] Read more
Erich Vetter was looking for challenge and opportunity when he abandoned Germany’s heavily regulated agriculture 13 years ago. In the valley, he says, he’s found plenty of both.
Crops, Features

The life of the Red River

It took vision to turn the Red River Valley into some of Canada’s most productive farmland. And it still takes vision to farm it today

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Reading Time: 10 minutes Two centuries ago, when the Scottish settlers first began to arrive, the Garden of Eden was nowhere in sight. This place was marsh, it seemed all but useless, and it took farmers to find the value in Manitoba’s famously fertile Red River Valley and to make it habitable. The valley was 60 per cent wetland […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Thursday, with Canada Western Red Spring (CWRS) wheat mostly stronger while losses were seen in Manitoba. Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats were on either side of unchanged. Average CWRS (13.5 per cent protein) wheat prices […] Read more
CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat posts weekly dip as supply worries ease

Corn, soy futures also lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
(File photo by Dave Bedard)
Crops, Spring Wheat

CWB class-action suit a step closer to litigation

Manitoba Court of Appeal overrules lower court, allows case to seek certification

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Reading Time: 3 minutes A proposed class-action lawsuit against the federal government and G3, alleging millions of dollars of farmers’ money was improperly used to privatize the Canadian Wheat Board (CWB) in 2012, is a step closer to certification and litigation, says Stewart Wells, chair of the Friends of the Canadian Wheat Board, which is backing the suit. The […] Read more
CBOT March 2021 wheat (candlesticks) with MGEX (green line) and K.C. (orange line) March 2021 wheat. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more
A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)
Crops, Markets, Spring Wheat, Winter Wheat

Grain Farmers of Ontario to wind down wheat pool

Programs to end after 2020 marketing year

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Reading Time: 2 minutes The remnants of Ontario farmers’ former single wheat marketing desk are set to disappear at the end of the 2020 crop marketing year. Grain Farmers of Ontario, which inherited the pooling system from one of its heritage organizations, the Ontario Wheat Producers’ Marketing Board, announced Tuesday it will wind down its wheat pool and its […] Read more
Forecast probability of above-normal precipitation for the period from December 2020 through February 2021. (Environment Canada)
General, Weather

Seasonal forecast calls for more snow

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Reading Time: < 1 minute MarketsFarm — Most of Canada should see above-normal snowfall over the next three months, according to updated seasonal forecasts released Monday from Environment Canada. Weather maps show a 40 to 60 per cent probability of more precipitation than normal across much of the country from December through February, with the heaviest accumulations expected in Quebec. […] Read more

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