Reading Time: 2 minutes CNS Canada –– Canadian canola stocks may be tighter than a year ago and wheat stocks larger — but the updated numbers from Statistics Canada may also need more asterisks than normal. StatsCan, in a report released Friday, pegged Canadian canola supplies as of Dec. 31 at 12.159 million tonnes, down from 13.452 million at […] Read more
StatsCan canola stocks in line with expectations
Four food firms said preparing bids for Weetabix
Reading Time: 2 minutes London | Reuters — The third-biggest U.S. cereal company, Post Holdings, and the U.K.’s Associated British Foods are among a group of four bidders vying for British cereal brand Weetabix, sources familiar with the matter said Friday. The 84-year-old business could fetch at least 1.5 billion pounds (C$2.48 billion), based on a valuation of more […] Read more
Canada’s oat acres look to rise in 2017
Reading Time: < 1 minute CNS Canada –– Canadian oat acres will likely be up in 2017, as relatively favourable cash prices draw in interest from producers, according to an oats merchandiser. Chicago Board of Trade (CBOT) oat futures have climbed sharply higher over the past month, but are still trading at a discount to the relatively steady cash market. […] Read more
Feed wheat, barley surplus could last until summer
Reading Time: < 1 minute CNS Canada — Supplies of feed wheat and barley in Western Canada continue to compete for a home in Lethbridge’s feedlot alley. For the past few months markets have been grinding lower due to the large volumes of low-quality feed and other grains that are being unloaded by farmers. At least one industry expert believes […] Read more
Top three marketing resolutions for 2017
This year, instead of making a New Year’s resolution to lose some weight or save some money, consider resolving to improve your marketing plan. PI Financial’s David Derwin has three simple marketing resolutions to get you started.
New in spring cereals
They may not be large-acre crops, but their growers are dedicated
Reading Time: 3 minutes Production of spring wheat, oats and barley follows some rather rigid realities from one year to the next. It’s true that spring cereals are a tougher sell across most of Eastern Canada; there are more acres of soybeans or corn than there are of spring cereals combined. Yet it’s also a fact that those who[...]
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U.S. farmers cut winter wheat acres to 108-year low
Reading Time: 2 minutes Washington | Reuters — U.S. farmers slashed their winter wheat plantings to the lowest in more than a century as supplies of the grain ballooned to a 29-year high, the U.S. Agriculture Department said Thursday. USDA also dialed back its harvest estimates for the U.S. soybean and corn crops but 2016-17 marketing year production of[...]
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Durum marketing 101
Durum is grown in a few distinct regions of the world, and problems in just one can mean a sharp change in prices
Reading Time: 4 minutes If you’re selling bread wheat — Triticum aestivum — there’s a new price signal literally every second as it’s traded on futures markets. If you’re selling its cousin T. durum, finding a fair value is another matter. There’s no viable futures market for durum wheat, and there can be days or even weeks between trades[...]
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A genetic solution to fusarium?
Across the country, several researchers are studying fusarium from every angle, from pathology to agronomy
Reading Time: 4 minutes In the early ’90s, farmers in the eastern Prairies started to ask questions about odd white “tombstone” wheat kernels. When they received the answer, some wondered whether the name would refer to the tombstone on the grave of the wheat business, especially when there was a huge outbreak in Manitoba in 1993. Near-panic ensued, as[...]
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Low-quality feed being dumped on market
Reading Time: < 1 minute CNS Canada — Prices for feed barley and wheat don’t appear ready to spike anytime soon, as farmers across Western Canada continue to dump supplies containing high concentrations of vomitoxin and fusarium into feedlots. “Steady as it goes here is the tone,” said Allan Pirness of Market Place Commodities in Lethbridge. “We’re looking to clean[...]
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A message from April Stewart, Country Guide's Associate Editor
