Reading Time: < 1 minute Dubai | Reuters –– Iran banned state imports of wheat for a year starting on March 20, Tasnim news agency reported on Monday, ordering officials to stop registering new purchase orders. “There is no need for wheat imports in coming year. Please avoid registering any order for wheat (imports) from this date,” Iran’s minister of […] Read more
Iran banning all state wheat imports
Firm loonie cuts into Prairie spring wheat bids
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as continued strength in the Canadian dollar more than countered any support from advances in U.S. futures. Average Canada Western Red Spring (CWRS) wheat prices were down by $3 to $5 per tonne over the week, according to […] Read more
Egypt’s ergot saga leaves wheat traders in limbo
Reading Time: 3 minutes Reuters — One Egyptian official’s tough stance on wheat imports carrying a fungus that wreaked havoc in the Middle Ages is baffling global grain traders and putting a spotlight on policy-making disarray in the world’s biggest purchaser of the commodity. Alarm bells began ringing in Egypt when a 63,000-tonne wheat shipment from France arrived in […] Read more
Russia said considering export duties for corn, barley
Reading Time: < 1 minute Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We will discuss this question,” he said. Gromyko added that the question was planned to be discussed at a meeting with Deputy Prime Minister Arkady Dvorkovich, […] Read more
Heavy producer selling pressures durum
Reading Time: 2 minutes CNS Canada –– Canadian durum prices are being pressured by heavy producer deliveries, according to one analyst, while demand is lagging last year’s pace. The durum market is being weighed on by larger-than-expected producer deliveries throughout January, said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP SA Grains and Produits. “I […] Read more
Prairie spring wheat bids dip as loonie rises
Reading Time: 2 minutes CNS Canada — Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as volatile activity in the Canadian dollar caused basis levels to soften. Average Canada Western Red Spring (CWRS) wheat prices were down by $3-$6 per tonne over the week, according to price quotes from a cross-section of delivery […] Read more
Ardent’s Illinois flour mills reopened
Reading Time: < 1 minute Chicago | Reuters –– Ardent Mills, the largest U.S. flour miller, said operations resumed on Thursday at its mill at Chester, Illinois, that had been closed since Dec. 29 due to near-record flooding on the Mississippi River. Mill staff “have gone ‘above and beyond’ to conduct extensive cleaning and sanitizing to return the mill back […] Read more
The difference between noodles and pasta
Noodles are usually made from common wheat, while pasta is mainly made with durum
Reading Time: 3 minutes Noodles and pasta are common food products that people often think are the same thing, but beneath the surface there is a lot that differentiates them, says a technical staff member at Cigi (Canadian International Grains Institute). “Visitors to Cigi’s processing facilities frequently ask what is the difference between them,” says Kasia Kaminska, technician in […] Read more
Feed barley market steady, gains expected in spring
Reading Time: < 1 minute CNS Canada — The feed barley market is holding relatively steady in Alberta early in the New Year, but advances are expected looking ahead to the spring. “There has been a fair bit of selling (over the past few weeks) but that hasn’t really pressured prices down any further,” said Jared Seitz of grain brokerage […] Read more
What is wheat basis anyway?
Reading Time: 2 minutes Like a lever pulling open a chute, basis makes grain flow. Or it shuts it off. Grain buyers use basis to attract grain when they need it. If they offer a higher local cash price, they’re in fact offering a stronger basis than other buyers in the area. A weak basis means the cash price […] Read more
A message from April Stewart, Country Guide's Associate Editor
