Reading Time: 2 minutes CNS Canada — Ontario wheat producers are having a great start to the season, with healthy crops doubling in acreage from last year, according to a provincial cereals specialist. “Winter wheat crop this year is looking excellent,” said Joanna Follings, who works for the Ontario ministry of agriculture in Guelph. “We have some disease pressures […] Read more
Wheat crops excel in Ontario
Durum strays from typical patterns ahead of new crop
Reading Time: < 1 minute CNS Canada — The durum market has moved off from its normal patterns heading into summer, one market analyst says, while exports are trending lower on the year. “It’s a very unique situation because we’ve got bigger crops coming,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP SA Grains and Produits. France, […] Read more
MGEX spring wheat shows strength
Reading Time: < 1 minute CNS Canada — Minneapolis (MGEX) spring wheat futures have climbed back to their highest levels in two months and could remain strong relative to other wheat classes over the next few months, according to an analyst. The nearby July 2016 contract is trading at about US$5.50 per bushel, while the July 2017 contract is now […] Read more
Egypt returns to zero tolerance of ergot in wheat
Reading Time: 2 minutes Abu Dhabi/Cairo | Reuters — Egypt has rejected two shipments of wheat for containing trace levels of the ergot fungus, backtracking on a government pledge to apply international standards and alarming traders looking to do business with the world’s largest buyer of the grain. Earlier this year traders boycotted state wheat tenders after the country’s […] Read more
Three steps to make your best grain grade deal
Here's how you can help maximize your profits when making your next grain sale
Occasionally producers make sales agreements with grain companies, then find their grain downgraded when they deliver it to their buyer later in the year. This can happen for numerous reasons. Grain companies may have aggressively over-bought early in the year, causing them to lose money and readjust their grain grading later in the year. Producers[...]
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Favourable conditions boost Manitoba winter cereals
Reading Time: < 1 minute CNS Canada –– Favourable weather throughout spring and winter has allowed Manitoba’s winter cereals to flourish, according to the head of an industry group. “People are bragging about their fall rye,” said Jake Davidson, executive director at Winter Cereals Manitoba. “Wheat is also excellent.” A relatively warm spring with few cold snaps and a mild[...]
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Prairie wheat bids tick down slightly
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up[...]
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Pearce: Stripe rust in winter wheat is Ontario’s biggest threat
Reading Time: 3 minutes Normally, stripe rust in winter wheat isn’t a huge problem for growers in Eastern Canada, and particularly in Ontario — at least, not at this stage of the growing season — but the 2016 growing season isn’t shaping up to be “normal” either. For now, the immediate challenge before growers is to get out and[...]
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Bimbo to shut Canada Bread’s North Bay plant
Reading Time: 2 minutes Canada Bread, the Canadian arm of Mexican baked-goods giant Grupo Bimbo, plans to close its bakery at North Bay, Ont. later this summer. The company announced Wednesday it will begin to gradually wind down operations, transfer the plant’s work to its other bakeries in Quebec and Ontario and shut down the bakery effective Aug. 5.[...]
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Lethbridge feed barley’s spring rally muted
Reading Time: 2 minutes CNS Canada — Lethbridge feed barley should be seeing its largest premium over fall and winter months, but so far this year the market’s spring rally has been limited. “This year all we’ve seen is a $5 to $10 per tonne move higher,” said Jim Beusekom, analyst at Market Place Commodities. “So it’s pretty minimal[...]
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