Reading Time: < 1 minute Commodity News Service Canada — Despite heavy rains throughout July, Manitoba’s winter wheat is in good condition moving into desiccation, the head of an industry group says. The Manitoba winter cereals group is also preparing for an upcoming government program by working alongside other Canadian wheat commissions. “Everybody is still pretty happy. The winter wheat can […] Read more
Manitoba winter wheat in good shape
Group pushes for national wheat research strategy
Be on the lookout for ergot
Reading Time: < 1 minute The Beef Cattle Research Council has posted a blog warning producers to be on the lookout for ergot this year. “Over the past few weeks, Mother Nature has provided us with the rain and cool conditions which have created the environment for ergot infections to occur. These cool, wet conditions have also increased flowering periods in […] Read more
Prairie wheat bids tick lower in choppy week
CWRS basis levels across Western Canada range from C$13 to C$27 below the futures
Reading Time: 2 minutes Commodity News Service Canada — Spring wheat cash bids across Western Canada ended slightly lower for the week ended July 18, tracking choppy action in the U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were one to two dollars per tonne lower, according to price quotes from a cross-section of […] Read more
Bumper winter wheat harvest ill-timed for U.S. farmers
Reading Time: 3 minutes Chicago | Reuters — Record-high yields are helping U.S. farmers to harvest a bumper crop of hard red winter (HRW) wheat, the most common variety here, but prices have tumbled as the world is awash in supplies. The quality of the crop is also causing headaches for flour millers, who may have to buy more […] Read more
Canada’s durum market share seen dropping
Reading Time: < 1 minute CNS Canada –– Global durum values are moving lower as producers in Europe and the U.S. start selling — and leaving Canada out of the market, one analyst says. “The only one that’s not selling aggressively is Canada, and we’re losing market share, big time,” said Jerry Klassen, manager of the Canadian office for Swiss-based […] Read more
Egypt prosecutor says some local wheat bought on paper only
Reading Time: 2 minutes Cairo | Reuters –– Egypt’s general prosecutor said on Thursday some local wheat was bought by the government in paper transactions only and not physically delivered, the first public statement by his office on the matter since fraud allegations surfaced last month. Egypt, the world’s largest wheat importer, launched a government-led inspection of wheat silos […] Read more
Chicago oats rally with Prairie rains, for now
Reading Time: < 1 minute CNS Canada — Oat prices at the Chicago Board of Trade have advanced as rain soaks Canada’s crops, but one U.S. analyst doesn’t expect those gains to hold. Close to half of Canada’s seeded oat area is in Saskatchewan, Statistics Canada data shows, and some parts of the province have seen heavy rains and flooding. […] Read more
Prairie wheat bids soften with U.S. futures
Reading Time: 2 minutes CNS Canada — Spring wheat cash bids across Western Canada softened during the week ended Friday, as a downturn in U.S. futures put pressure on prices. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by roughly $5 per tonne, according to price quotes from a cross-section of delivery points […] Read more
Egypt to follow global standard for ergot starting Tuesday
Reading Time: < 1 minute Cairo | Reuters — Egypt will allow up to 0.05 per cent ergot, a common grains fungus, in wheat shipments beginning on Tuesday, confirming the end of a months-long standoff just before the country re-enters the international wheat market. Reuters exclusively reported on July 4 that a ministerial decree would allow the world’s top wheat […] Read more
Wet wheat weather watched worldwide
Reading Time: 2 minutes CNS Canada — Generous rainfall has benefited but also boosted the risk of disease on wheat crops in much of Canada and the U.S., and has also cut into grain quality in parts of Europe. However, according to Drew Lerner of U.S. forecast agency World Weather Inc., conditions during the harvest season will be the […] Read more
A message from April Stewart, Country Guide's Associate Editor
