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Cereals

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Cereals, Crops, Spring Wheat, Winter Wheat

Weak U.S. wheat futures watching European crops

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Reading Time: < 1 minute Commodity News Service Canada – U.S. wheat futures are trading just above their weakest levels in 10 years, but the lows may be in for the time being as funds are already holding large short positions and attention turns to problems with the European crop. “We’re really just following the EU,” said wheat-broker Austin Damiani, of […] Read more
Cereals, Fruit/Vegetables, Pulses, Reuters

SunOpta pressured by shareholders after sluggish sales

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Reading Time: 2 minutes Reuters – Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell […] Read more
Steel grain bins
Cereals, Marketing

A marketing strategy for stored grain

Is it worthwhile to store your grain on the farm while you wait for commodity prices to rise?

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Reading Time: 5 minutes Storing grain on the farm can be a good marketing strategy because, if managed carefully, it can increase a producer’s profits, but it’s important to have a handle on your storage and opportunity costs to assess if it’s actually going to put money in the bank. The capital costs of storage vary depending on whether […] Read more
On the U.S. East Coast, home to some of the country’s biggest pork production, ships carrying UK feed wheat have been unloading volumes not seen in years.
Spring Wheat, Winter Wheat

Poor-quality world wheat headed for feed

Black Sea export shipments are discounted $25 a tonne to corn

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Reading Time: 3 minutes Reuters — From the heart of the U.S. big farm belt to Colombia, Vietnam and Indonesia, livestock producers are snapping up wheat damaged by bad weather or low in protein, providing pigs and poultry with grain more often milled for making bread. The increased global purchases of cheap, poor-quality wheat for animal feed comes as a […] Read more
Cereals, Crops, Spring Wheat, Winter Wheat

Manitoba winter wheat in good shape

Group pushes for national wheat research strategy

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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
Rye is the most susceptible to ergot, but it can also be in other cereals such as barley. Wikipedia/Creative Commons
Cereals

Be on the lookout for ergot

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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
Markets, Spring Wheat

Prairie wheat bids tick lower in choppy week

CWRS basis levels across Western Canada range from C$13 to C$27 below the futures

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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
Durum wheat. (Gipsa.usda.gov)
Cereals, Crops, Markets

Canada’s durum market share seen dropping

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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
The Nile River at Cairo. (CIA.gov)
Cereals, Crops, Reuters

Egypt prosecutor says some local wheat bought on paper only

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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

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